Suze Orman
- KLR
- KLR
- TonyFromGlendale
- zbidnizmin
- KLR
- KLR
- KLR
- vhehn
- mitelo
- Global_Snake
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» KLR - Suze's Assets...
In response to message posted by Kirk:
August 15, 2001 Newsletter
Suze's Asset Allocation Model
My recommendations as of August 15th, 2001, for those who have at least ten years until they will need this money.
65- 70% in stocks (55% -60% in the United States and 10-15% overseas)
20%-25% in bonds, not going out more than 10 years in maturity
10% in cash, held in a money market fund
-- posted by KLR
» KLR - Suze Says
...As I've said before, the markets of today are not the optimistic markets of 1999 and 2000. If you're in the stock market now, you had better be in it for the long haul, because this turnaround isn't going to be a quick one. Even if the major indexes start moving north again next year, you are looking at two to three years until their upward movement gains momentum and the wounds that have been inflicted on the economy and the markets heal...[If you wanna see Suze's newsletter on her website:
username: asksuze
password: laxsmi
I get 5 bucks a click.]
-- posted by KLR
» TonyFromGlendale - Suzi is everywhere
Every time I turn on the TV I see this woman...I expect to see her on Monday Night Football as a sub-referee when the season begins on ABC TV...There is the too cute Suzi speaking into the camera...15 yard penalty on #25 for "holding" QQQ...Or maybe the penalty should be on Bully-Bob-Brinker for holding and "unnessary roughness."-- posted by TonyFromGlendale
» zbidnizmin - Suze Orman, right
A real Intellectual Giant of the financial services industry.-- posted by zbidnizmin
» KLR - Re: More on Suzie Orman Fesses Up
In response to message posted by Kirk:Suze is as slippery as Brinker...
She didn't go to 90% bonds at all...In fact, at the end of 2000 she was increasing her techs and touting QQQs...Here is what she said.....
First, here are my overall recommendations. Given that no one can predict the near-term future of the stock market, I'm staying firm in my asset allocation and sector weighting models (see below), with one exception: I'm raising my recommended weighting in technology stocks and technology mutual funds from 20 percent back up to 29 percent. But please remember: I'm suggesting that you invest only 29 percent of the amount my allocation model recommends you have in U.S equities, which is only 25 percent of your total portfolio.
If you do the math, that means that you should have no more than 7.25 of your total portfolio invested in technology.
I want you to keep 60 percent of all your assets safely put away in bonds and money market funds so that you will have cash to invest when the market begins to turn around. Please note that this could happen at any time, so stay alert: Anything can happen when it comes to the market.
Why am I suggesting that you invest a little more in technology stocks now? I lowered my technology allocation in October, after the rally in tech stocks had stopped and the stocks were sinking again. Now I believe that these stock and funds (some of them truly great investments) may have sold off nearly as much as they are going to. Here's the precedent: During the great bear market of 1973-74, the NASDAQ lost 59 percent of its value.
As of last week, Nasdaq briefly was off its year's highs by nearly 50 percent. It's my opinion that we don't have a lot further down to go. I believe there is money to be made by careful reinvestment now.
If you don't know which technology stocks to buy, I would play it safe and buy shares of ticker symbol QQQ on the American Stock Exchange. The QQQ is a tracking share that invests in the Nasdaq 100, a group of Nasdaq's largest stocks, which are mainly technology stocks. QQQ is sold like a stock itself, and as of this writing it is selling for about $65 dollars a share. I would look to buy QQQs as long as they are under $70 a share.
-- posted by KLR
» KLR - Now remember, Suze was previousl recommending QQQs at 70.
Now remember, Suze was previousl recommending QQQs at 70...She appeared on Larry King January 2, 2001 and said...."...when Larry King asked me what stocks I would buy in light of all of this, I answered that I would buy shares of what are known as the QQQs.
The QQQs are tracking shares that are traded on the American Stock Exchange and that simply follow the top 100 stocks in the NASDAQ composite index.
The next morning the QQQs were selling at $53 a share. Three weeks later they were selling at $67 a share, for an almost 30 percent increase.
{So Suze is patting herself on the back for a 30% increase to $67??? Hell, she was buying earlier at $70!!!]
At that point, if Larry King had asked me what I would do, I would have told him that I would sell the QQQs. Now the QQQs are back down to about $58 a share..."
-- posted by KLR
» KLR - Re: Suzie Orman Fesses Up
In response to message posted by Kirk:{Suze]she went to 90% BONDS in January 2000"
She lies...she never went to 90% bonds...Perhaps her weasel out is to say "personal" money...what a bunch of crap!!!
Here is where she was in April, 2001...
"...My recommendations as of April 21, 2001 for those who have at least ten years until they will need this money.
65- 70% in stocks (55% -60% in the United States and 10-15% overseas)
20%-25% in bonds, not going out more than 10 years in maturity
10% in cash, held in a money market fund ...'
-- posted by KLR
» mitelo - Re. No Votes
I can't say much positive about this one either. I agree with all of you. To me, she often comes across as condescending and almost patronizing.I usually go for the remote when she comes on.
But, remotes are "guy" things. I think her target audience is that group of women who may not have any investment background and find themselves in a situation where their financial situation is tenuous.
-- posted by mitelo
» Global_Snake - Ole Suzy is not a guru folks
she's a failed broker and brings nothing new to the table. Everything she says or writes has been said 1,000 times over.-- posted by Global_Snake
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