Suze Orman: 'There couldn't be a better time' to start investing than right now

S&P 500 Index

Suze Orman: 'There couldn't be a better time' to start investing than right now

S&P 500 Index

27.3.2020

Suze Orman: 'There couldn't be a better time' to start investing than right now

'Fortunes are going to be made out of this time,' personal finance expert Suze Orman told CNBC on Thursday.

S&P 500 rose more than 6% on Thursday and now sits up more than 20% since Monday's close. While the index has come off its 52-week low on Monday, it still remains around 22% below its all-time intraday high of 3,393 on Feb. 19. And that is why Orman argued would-be investors should still get into this market — essentially, stocks remain on sale. "You will never, ever know the bottom. You will never, ever know the top," the New York Times best-selling author said. "Fortunes are going to be made out of this time," she said. Orman also delivered a message of caution to uneasy investors whose main exposure to the market is through a 401(k). She said they need to "fight" the urge to opt out of their retirement plan despite the financial uncertainty brought by the coronavirus. "If you come out, you're going to lock in a 30% loss. Then ... you're going to have to pay ordinary income taxes on it," she said. "So just stay calm," she added. "I can guarantee you that if you stay in and you just stick with it, three years from now you will be very, very happy that you did." Related Tags Read more: CNBC

Yep My rule about Size...do opposite of what she says Sure invest if you have buckets of cash laying around. Yikes Better rich and dead nice☠️☠️☠️ Yes there could, after the markets drop another 25%. Why lose money now? You don’t make the timeline. The virus makes the timeline. - Dr. Anthony Fauci You don’t call the market bottom. The virus call the market bottom. -

We may start investing but the risk is China CCP. CCP may release next virus to threat the world. Who knows? Nice try, orangerita. I guess corona has been cured? And oil is going up? And companies have enough cash to stay open another week? And people can pay rent and buy food? And everyone has healthcare? And hospital bills will be forgiven? On what planet is this a good time buy?

Yo, stop bringing these people on air. Have some self respect.

Here's why Suze Orman says it's better to invest your retirement savings in a Roth 401K if you canFinancial expert Suze Orman says when it comes to investing for your retirement, there's a better solution than a traditional 401(k). MakeIt true. MakeIt Only contribute what gets your full company match in a traditional 401k and then max out a personal Roth IRA. After that, invest in/with fundrise. And after that, make a budget for a little bit of fun alternative investing/individual stocks. (5%) MakeIt Save for years, wipe off 35% in a month

She learned her lesson in ‘08. or last month or last year or every other time I have ever been on recod Pinocchio parasites thugs Says the 100% “Bond” lady... Wow- is she still around? Surviving that 3am Sat time slot, gotta hand it to her...... She’s right. Everything is on massive discount. People dying in droves and these pigs are thinking of money. 🤔

Shut her up remindmetweets in 2 months. This should play out nicely... lookout Tweet: '... Too Late...'

Here's why Suze Orman says it's better to invest your retirement savings in a Roth 401K if you canFinancial expert Suze Orman says when it comes to investing for your retirement, there's a better solution than a traditional 401(k). MakeIt true. MakeIt Only contribute what gets your full company match in a traditional 401k and then max out a personal Roth IRA. After that, invest in/with fundrise. And after that, make a budget for a little bit of fun alternative investing/individual stocks. (5%) MakeIt Save for years, wipe off 35% in a month

many companies will go BK! remember that when following the herd mentality into thinking things will straighten themselves out anytime soon. The debt in the system is UNPRECEDENTED and the strain on financial markets may resemble 08 or worse! Looks like a sell signal. I'm glad I sold today. Except literally yesterday

Now's the Time to Cut Your Hair OffIn the time of social distancing, who's there to judge?

3 New Spice Blends to Make While We're IsolatingSpice blends are perfect for this cooking moment—which is why we've just released three new ones.

Now's the Time to Try Marie Kondo's MethodWhy not burn some of that WFH energy getting your place in order? Marie Kondo approved.

Chewy, Chocolate Cookies You Should Start Baking Right NowWhen you're craving chewy, rich chocolate—look to these easy cookie recipes for quick comfort and satisfaction. Where is recipe?



NY governor says China is donating 1,000 ventilators to the state

Trump fires watchdog who handled Ukraine complaint

Trump fires intelligence community watchdog who told Congress about whistleblower complaint that led to impeachment

A pandemic thriller, once rejected by publishers for being unrealistic, is now getting a wide release

Pink is donating $1 million to fight pandemic after weeks with coronavirus

Fact-check: Trump says some states aren't in jeopardy from the virus, denies saying it would go away by April

Jared Kushner's spine-chilling new role

Write Comment

Thank you for your comment.
Please try again later.

Latest News

News

26 March 2020, Thursday News

Previous news

The S&P 500 just hit a level that could spark the next meltdown

Next news

Americans will soon be able to take penalty-free withdrawals from their 401(k)s, but experts say think twice about using retirement savings
Coronavirus live updates: Global deaths pass 60,000 - CNN Biden says he informed Sanders he will begin the VP vetting process Theodore Roosevelt's great-grandson calls fired Navy Capt. Crozier 'a hero' in op-ed COMIC: Grocery Workers Are Essential, And Feeling The Strain Opinion: Seen And Remembered: Our Essential Workers 'Let Us Stay In Touch With Those That We Love.' A Funeral Director's Lessons For Life Hobby Lobby closes its stores after defying coronavirus stay-at-home orders Coronavirus death toll in the UK rises by 708 Walmart limits the number of customers in stores to help fight the spread of coronavirus Pelosi, Democrats decry Trump's 'shameful' firing of inspector general amid coronavirus outbreak Barr expands early release for inmates at prisons hard hit by coronavirus Pink Recovers From COVID-19, Announces $1 Million Donation To Health Care Funds
NY governor says China is donating 1,000 ventilators to the state Trump fires watchdog who handled Ukraine complaint Trump fires intelligence community watchdog who told Congress about whistleblower complaint that led to impeachment A pandemic thriller, once rejected by publishers for being unrealistic, is now getting a wide release Pink is donating $1 million to fight pandemic after weeks with coronavirus Fact-check: Trump says some states aren't in jeopardy from the virus, denies saying it would go away by April Jared Kushner's spine-chilling new role How to make your own face mask Trump fires watchdog who handled Ukraine complaint US coronavirus deaths surpassed 7,000. States say they're still missing what they need to combat the virus A New 'The Office' Comedy For The COVID-19 Era? Coronavirus live updates: Coast Guard helps 250,000 exit cruise ships