All Episodes

June 1, 2025 21 mins

Since we’re in Graduation season, today’s Suze School starts with a commencement address from Suze to all of you! 

Then, Suze briefly recaps what happened in the economy during the month of May. She has updates on the Stock Market, crypto, real estate and more.


Jumpstart financial wellness for your employees: https://bit.ly/SecureSave

Try your hand at Can I Afford It on Suze’s YouTube Channel

Protect your financial future with the Must Have Docs: https://bit.ly/3Vq1V3G

Get your savings going with Alliant Credit Union: https://bit.ly/3rg0Yio

Get Suze’s special offers for podcast listeners at suzeorman.com/offer

Join Suze’s Women & Money Community for FREE and ASK SUZE your questions which may just end up on the podcast. Download the app by following one of these links:

CLICK HERE FOR APPLE: https://apple.co/2KcAHbH

CLICK HERE FOR GOOGLE PLAY: https://bit.ly/3curfMI

See omnystudio.com/listener for privacy information.

Mark as Played
Transcript

Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Suze (00:28):
June 1st, 2025. Welcome everybody to the Women and Money podcast,
as well as everybody smart enough to listen. Of course,
another birthday, a special birthday, and today is Savannah Buffett,
Jimmy's daughter's birthday, and we're so excited cause we're going
to be celebrating with her and her husband Josh and

(00:51):
their extraordinary dog Kingston.
So Savannah, lots of love to you, can't wait to
see you in just a few hours. All right, everybody,
are you ready for this Suze School today?
Now listen,
over the past few weeks all over the United States,

(01:12):
students are graduating and they're listening to all these esteemed
speakers give the commencement address that hopefully will inspire them
to make the most of their lives.
Now what's so wonderful in my own life is I've
had the incredible pleasure and honor of doing that 3 times,

(01:34):
and it's really something to stand up there and look
out at the future of America. But then I was
thinking if I was to give a commencement speech
honoring my Suze students, those of you who have been
with me for all these years, what would I say?

(01:56):
What would the message be? What would I want you
to take away from it?
So therefore please take your seat because today's Suze School
is about celebrating the milestones you've already achieved and charting
the next exciting chapter of your financial life.

(02:26):
You know, so many of you have navigated careers. You've
raised families, weathered a real estate and stock market crash,
and you've made it through a pandemic, illness, deaths, layoffs,
and divorce.
No matter what you have encountered, it is these real

(02:48):
life experiences that have made up your life's story of
who you are. Now this is important because your story
is powerful because it's lived, it's not imagined.
No matter what situation you are dealing with, your path
has to be one where you respect yourself, like yourself,

(03:12):
and honor yourself, and it is from that inner platform
of honor and respect that integrity and self-worth emerges and
the ability for you to be able to accomplish anything
and everything your heart desires.
You must never forget what you have learned and what

(03:33):
you have already been through in your life, your future,
regardless of your age, doesn't slow down.
Listen, you may face job shifts, health issues, or caregiving responsibilities,
and you are going to have to adapt and conquer
each and every challenge.

(03:55):
The most important thing is that you must never forget
that no matter what situation you are in, no matter
how painful, how seemingly hopeless, I want you to always remember.
God does not know how to take. He only knows

(04:15):
how to give.
For those of you who have been with me over
all these years, I want you to know that when
I read your emails, my heart and eyes fill with
tears of joy and pride. One story after another, and

(04:36):
I just want you all to know that I'm in
total awe of your journeys and determination from overcoming living
in a car with your family for years.
Surviving seriously abusive relationships where you endured physical, sexual, mental,
and most of all financial abuse, surviving life threatening accidents

(05:01):
and illnesses, and on and on. And today you are
all thriving emotionally and financially. It's a true miracle if
you think about it.
And what were those key lessons that helped carry you
during your hard times? Well, you believed that you are

(05:24):
a warrior and you will not turn your back on
the battlefield. You understood that when you undervalue what you do,
the world undervalues who you are.
And even more importantly when you undervalue who you are,

(05:45):
the world undervalues what you do.
So you took your power and you now trust yourself
more than you trust others, and you embrace the fact
that what happens to your money directly affects the quality
of your life, no one else's.

(06:06):
And really when I think about it, the most important
one of all is you stood in your truth and
took all the actions necessary so that you now own
the power to control your destiny. So, in closing,
as you all know, we live in very disturbing times,

(06:29):
times that many of us have a hard time understanding,
and you are not alone.
But I want all of you to know you are
far stronger than you have any idea.
No matter what happens, you must always come from a
place of integrity, love, honesty, and strength, and through your

(06:52):
actions and intentions you will make this world a better place.
Do you hear me?
This is your moment. Step into it with confidence, intention,
and heart. Build a life and a financial foundation that
reflects your highest values. Remember that success is not a destination,

(07:17):
but a journey defined by purpose, balance, and generosity.
I believe in you. I know you have what it
takes to create a future that's not just successful but
deeply meaningful.
Thank you for letting me be part of your journey

(07:38):
and to the millions of you who have and are
a part of mine.
So before you march into your future, can we just
take a brief look back at the month of May
and what we should have learned from it? Do you

(07:59):
remember this a month ago? Do you all remember how
you were feeling?
You thought the sky was falling. You thought everything was
going to come down. You wanted to take all your
money out of the stock market.
You wanted to get out of treasuries. You didn't trust treasuries.
You didn't know what to do with your money. You

(08:22):
were so paralyzed it wasn't even funny. You only felt
safe with the cash you had if it was under
your mattress.
Many of you absolutely chastised me for talking about bitcoin.
And you just were totally, totally upset.

(08:42):
All right, if we take a look at the stock market,
I just want you to think about what I'm about
to say.
Do you know that the stock market just wrapped up
a really strong month of May. Now, despite a few
obviously ups and downs, the S&P 500 and the NASDAQ

(09:06):
ended the month in the green.
In fact, May, listen to me closely now, delivered the
best returns that we've seen since 2023.
So can you imagine that if one month ago you
took all your money out you felt good for those

(09:28):
few days as the market went down further after you
sold and then all of a sudden it started to
go up and started to go up.
And you were like, why did I sell? What did
I do? The lesson here is if you are invested
in the stock market, stay invested in the stock market

(09:52):
as long as you know what you are invested in
is good quality. It makes sense, and you have at
least 5 years or longer till you need the money
that is in that investment. So your instructions really are,
just continue to dollar cost average into whatever you have,

(10:13):
or if you're done dollar cost averaging into it, just
hold it.
Cause if you had sold it, most likely you would
have made a serious mistake. Take Palantair, for example, went
from 125 all the way down to the 70s and
now as of Friday it closed at 1:31. I know

(10:37):
I keep talking about Palantair, but that really is one
of the favorite stocks that we all own hopefully.
But if you had freaked out, look at what you
would have missed, you know, the other day I was
talking to a friend, and she was in a car
and her husband was driving.

(10:58):
And I had told the husband I thought that he
should buy IONQ, which is a stock that I've been
telling all of you along with Keith, but I've been
telling all of you a long time ago you should
buy it and you should just keep it. Never told
you that you should sell it. All right. And IONQ

(11:19):
had a dramatic leap last week. One day it was
up like 30% or 40%.
And so, as I'm talking to my friend, her husband
is listening, and he says, by the way, Suze, I'm
thinking about selling IONQ.
And I said, and why would you do that? And
he said, Because it's up so much and it's starting

(11:41):
to go down, and that is the typical mistake that
everybody makes. Yeah, hopefully it will go down. And why
do I say hopefully? Because it's a great stock. It's
an area quantum computing that many of you may want
to be in.
And if it goes down that simply gives you a

(12:04):
chance to dollar cost average and get more shares just
that simple. So you need to look at your investments,
not as if your strategy should be take your profits
now in case they go down. Your strategy should be
hopefully they'll go down so you can buy more.

(12:26):
Just that simple, everybody. So again, your goal is to
be an investor and to take a line from Keith Fitzgerald.
You have to be in it to win it. Let's
talk about real estate for a second here. Real estate now,
it's a very interesting thing what's happening in real estate

(12:49):
because the inventory, the houses that are for sale.
Are up dramatically seriously.
So when there is a lot of inventory, what that
means is that all of a sudden we're kind of
turning from a seller's market to a buyer's market. So

(13:10):
what's important about that is if you are a seller,
don't overprice, don't do it, don't do it, don't do it,
because chances are you will not sell it.
If you're a buyer, however, do not stretch your budget
just to get a home. You don't have to. Mortgage

(13:31):
rates now are at about 7%, and they may very
well stay there. And if they do come down, I
would not expect them to go any lower than 6
or 5.5%. And if they got to 5.5%, that would
be very lucky. So this is the area that you're in.

(13:51):
Don't overstretch your budget. You can demand what you want.
You can negotiate your price. You can't walk into a
situation with the mindset of what was going on many,
many months ago and really for the past few years
that you have to overbid it. You have to do
a cash offer. You have to do all these things. No,

(14:12):
you don't.
The tide has turned there, so take your power if
you are a buyer. And again, if you are a seller,
don't feel that you're the almighty right now, cause really
don't overprice or you are not going to sell your house.

(14:32):
I want to talk about treasuries just for a few
seconds here. Treasuries are not going to go under. They're
just not. They can't and they won't.
So don't feel like everything is going down the drain.
Interest rates are up on treasuries. Why? Because of what's
happening with the tariffs. It's just that simple. And once

(14:57):
again we saw a flip flop from we're lowering tariffs
to now we're raising them even more.
And you have to understand that as long as there
are chaotic, in my opinion, nonsensible moves with tariffs, the
markets are going to respond accordingly.

(15:19):
They're gonna go down when in fact tariffs are raised
when tariffs then are supposedly going to come down, the
markets will go up, but
there could come a time where all of you just
stop listening to what tariffs are doing and you just
go ahead and keep buying the stocks that you want
and the markets just get used to the chaotic moves

(15:42):
that are being made.
So therefore just tune everybody out at this moment in time.
Know that the market, as I told you a few
weeks ago, might go down a week or two, and
it did, and then I thought it would go up
and up, and I still do. That doesn't mean that

(16:02):
it's not going to be a roller coaster. But just
like you were when you were a kid, you enjoyed
the ups and downs of the roller coaster. Start to
enjoy the ups and downs of the stock market.
So that you can take advantage of stocks that you want,
ETFs that you want, investments that you want.

(16:24):
I just want to talk briefly about Bitcoin.
So Bitcoin passed $111,000 of Bitcoin. That is a big deal.
Bitcoin right now is at about $104,000 so who knows
where it will be when this podcast actually drops or
you're listening to it.

(16:46):
I still like if you're going to buy into the
Bitcoin investment arena.
That you do it through either IBIT, an ETF or
possibly a surrogate of Bitcoin, the stock MSTR - Strategies.

(17:07):
Either way, why is that?
Let's just look at Coinbase for a second because many
of you own your Bitcoin at Coinbase, and what was
interesting is that this last month Coinbase told all of
us that they had been the target of a cyber

(17:27):
attack in which rogue overseas support agents were bribed to
steal sensitive customer data.
So what does that mean? That means through insiders at Coinbase.
They were able to steal customer names, Social Security numbers,
bank account details, and transaction histories, but no passwords or

(17:52):
private keys or custodial funds were compromised. Now they wanted
a $20 million ransom. Coinbase still has not settled for that.
They're holding strong.
But there's just something. Even though only 1% of the
customers were affected, there's just something that I don't like

(18:12):
about it.
So therefore I feel safer in IBIT. I feel safer
with Strategies. I just feel safer where these crazy people
aren't going to attack something where they know Bitcoin happens
to be.
I mean, you got to think it's a little bit
crazy that this guy in New York City who owns

(18:34):
all this bitcoin or crypto all of a sudden is
hold hostage for 17 days in order to get his
password so that his Bitcoin can be stolen. Thank God
he escaped and hopefully they have that under consideration.
But I just want you to think about that where

(18:55):
you hold your bitcoin and how you invest in it
and still know only invest in Bitcoin with money that
you can afford to lose or be very volatile with
or that you can stomach 20 or 30% drops overnight
just same.
But overall, the main message here as you walk forward

(19:20):
is to be an investor, not a trader, to know
what in fact you are investing in and to be
consistent with it if you have money to dollar cost
average into it.
At these levels, this is not a market in my
opinion that if you had, you know, $24,000 to invest

(19:42):
you would invest it all at once. No, you would
dollar cost average or value cost average into it at
maybe $2000 a month or even $1000 a month and
just go with the market as the markets go themselves.
So overall stop panicking.

(20:05):
Learn from what happened last month when you all wanted out,
and now many of you who got out are all
wishing you could get back in. And now you're getting
in if you do at a lot higher price. So
that is your update. That was your Suze School and

(20:25):
until Thursday when Miss Travis joins us again, there's really
only one thing that I want you to remember when
it comes to money.
People first, then money, then things. Now you stay safe
and for the graduates of 2025, congratulations.
Advertise With Us

Popular Podcasts

Dateline NBC

Dateline NBC

Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Special Summer Offer: Exclusively on Apple Podcasts, try our Dateline Premium subscription completely free for one month! With Dateline Premium, you get every episode ad-free plus exclusive bonus content.

The Breakfast Club

The Breakfast Club

The World's Most Dangerous Morning Show, The Breakfast Club, With DJ Envy, Jess Hilarious, And Charlamagne Tha God!

Crime Junkie

Crime Junkie

Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.

Music, radio and podcasts, all free. Listen online or download the iHeart App.

Connect

© 2025 iHeartMedia, Inc.