Reported 15 days ago
Suze Orman strongly advised a listener against the idea of selling all her IRA investments to reinvest in a money-market fund, declaring it 'the worst idea I've ever heard in my life.' During a Women & Money podcast episode, Orman emphasized the risks of trying to time the market, predicting prices, and missing potential gains. Instead, she recommended maintaining current investments while employing a dollar-cost averaging strategy to ensure steady, long-term growth without making risky moves based on market predictions.
Source: YAHOO