>Hi there - GIRLFRIEND - what can I help you with... today!
>I, uh, was wondering whether I could possibly buy a minivan to get my kids to and from school.
>All right - GIRLFRIEND - let's see what we've got here...
>Thanks Suze
>OK, so, Sheryl, your personal income is $30,000 a month. Do you think that's sufficient?
>I, uh, think that's maybe enough.
>Oh, girlfriend, OK, well let's just look again. So you have expenses of $300 a month. You live in a trailer... quite an expense there Sheryl!
>Well, I was thinking about moving into my car but my son has asthma.
>Oh, does he? Have you factored that into your expenses?
>Yes Suze
>OK then Sheryl. You have twenty million in your Roth IRA... you have a higher purchase agreement, on track to be paid off this September, right Sheryl? Do you have your eight month liquid fund sorted?
>Yes, Suze, I do -- more than that, even... around one million.
>OK Sheryl, great. The minivan is used, you say it will cost around $3000. So, girlfriend, you're not going to like what I'm saying, but... DENIED.
>Oh, really?
>Unfortunately so - GIRLFRIEND. Your financial position is untenable. Thanks for calling in... today!
>>1395632
I'd have more respect for her if she practiced what she preaches.
If I had double digit millions I'd be mostly in bonds too, but I wouldn't be advising people to get into riskier shit that I wasn't in personally.
>>1395653
I didn't know she advised people to get into risky shit. What sort of stuff does she suggest? I always thought it was bonds and retirement funds.
>>1395657
>riskier shit
Whether the market itself is "risky" is debatable.
My point is, she's almost entirely in bonds, entailing almost zero risk. That pays ok if you're a multi-millionaire, not so much if you aren't.
Which is why she can't advise her middle class audience to do what she does, as it wouldn't work for them.
>>1395632
>suze orman
Just more proof the money is in the motivation business.
*hire purchase
Fucking americans man, none of you have ever read a fucking book?