I watch Suze's show weekly. She's worth 25 million, has steady income from books and show. She does not need any investments in the stock market. I think I saw her on Larry King live talk about her municipal bond investments.
If the rest of us invested in municipal bonds, we would not make it to our targets by retirement. We need the stock yeild. She does not. She doesn't even need to touch the 25 mil in bonds which will grow quite nicely as is.
If I was worth 25 mil and had the income she has from books and the tv show, I'd probably invest very safely as well.
I guess your article is trying to expose Suze for recommending buy and hold to the public while she invests in muni bonds. I'm sure she would say if you were worth 25 100 percent munis might make sense. Otherwise you need stocks.
I watch Suze's show weekly. She's worth 25 million, has steady income from books and show. She does not need any investments in the stock market. I think I saw her on Larry King live talk about her municipal bond investments.
If the rest of us invested in municipal bonds, we would not make it to our targets by retirement. We need the stock yeild. She does not. She doesn't even need to touch the 25 mil in bonds which will grow quite nicely as is.
If I was worth 25 mil and had the income she has from books and the tv show, I'd probably invest very safely as well.
I guess your article is trying to expose Suze for recommending buy and hold to the public while she invests in muni bonds. I'm sure she would say if you were worth 25 100 percent munis might make sense. Otherwise you need stocks.