patrick.net

Suzie Orman also says when prices go up, we've hit bottom:

http://www.youtube.com/watch?v=U1IQ90nVk6w&playnext=1&list=PLF8ADEB5A94B11AD8

Thanks for the insight Suzie. A real genius.

A lot of people try and catch a falling knife. Pretty insightful for those who bought something when it dropped 10% only to find it had dropped 30% more shortly there after. If they had waited, they might have missed bottom, but would have gotten it for 30-35% off bottom instead.

People buy because people tell them it's the best time to buy! If you're unsure of a market, and you definitely should wait for an uptick.

Again, the advice is for people with few money management skills, who need to start somewhere, with some hardfast rules.

APOCALYPSEFUCK says

Old guys go to the studio and dream about tit-fucking her while they brag about the rate they got when they turned over their CD.

Don't they know that she is a lesbian and has a wife?

White straight men are dumb.

her information is a little bit dumbed down but I watch just for entertainment.

White people are no less dumb than other people about managing their money. Who is usually poor at managing money is the person who loves shopping, credit cards, and keeping up with the Joneses. I dated a Japanese woman who is an MBA and was a complete fool with her money. I know an MBA from Beijing who lost a fortune on a penny stock, another Chinese lady who lost a restaurant, stocks, and was foreclosed on a house in Vegas. I know a Mexican woman who of course is deeply in credit card debt. When I look at Suze Orman's audience on TV it appears to be fat women, who by definition have no self control. The guys on Wall Street and running big banks are usually white men, and they've done pretty well by the look of it. I think PBS is a certain audience, HOPING to get something educational from the TV shows. Actually, I remember that they used to call Public Television "educational television". I agree Suze spends a long time babbling about nothing much. I'm a white man, and my financial advice to men would always be "Do not let a woman make your fiancial decisions for you." Exceptions surely exist, I am aware of the frugal women out in the universe. They're still hoping to find a rich man however, since frugality is not fun for them.