All Episodes

June 3, 2025 13 mins

Bloomberg personal finance and wealth reporter Suzanne Woolley joins Merryn this week to discuss her latest in the "Where to Invest" series. She shares the promising investment areas wealth managers and market strategists highlighted in her story on how best to invest $100,000 in today’s turbulent market.

The ideas that emerged range from technology — yes, the Magnificent 7 is in there — to insurance and health-care stocks, high-quality fixed income and publicly traded private equity stocks.

Read the story: 
https://www.bloomberg.com/features/how-to-invest-100k-q3-2025/

See omnystudio.com/listener for privacy information.

Mark as Played
Transcript

Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:02):
Bloomberg Audio Studios, Podcasts, Radio News. Welcome to Maren Talks
Your Money, the personal finance edition of Merin Talks Money.
In these bonus podcasts, we talk about the best strategies

(00:22):
for making the most of your money. I'm Maren Sunset Web.
This week we bring back old friend of the show,
Susanne Willie from our personal finance and investing team. Suzanne,
welcome back.

Speaker 2 (00:32):
Thanks, good to be here.

Speaker 1 (00:34):
Right now, we are looking at a piece you've written
about how to invest one hundred thousand dollars right, Yes,
and it's real money.

Speaker 2 (00:43):
Yeah, if only I had it to invest, I'd be
very out. Have lots of ideas here, yeah, I.

Speaker 1 (00:47):
Mean, I like the idea of looking at this and saying,
what happens if you suddenly have an extra hundred thousand dollars,
Because we're assuming, aren't we when we look at this stuff,
that the people who are reading this already have money
invested in the market. They're bringing in an thousand, and
they're thinking about where it should go. And there's a
big change in the way the people who you speak
to respond over the last couple of years. And you know,

(01:10):
back in the old days, when you talk to people
about any amount of money. It would just be about
which part of the American market to put it in. Right,
And now the mantra is diversified, diversify, diversify. One of
the people in particularly you spoke to this week, the
first thing he said was diversified, diversified, diversifyer right, It's

(01:31):
so true.

Speaker 2 (01:32):
I mean months ago it was like Mag seven, you know,
a MAG seven, Buy more Mags seven, full war. Why
would you do anything different, you know, go all in,
you know, but that is I think those days are
largely gone. I mean the people now are much more,
much more cautious tone, and a lot of them are,

(01:52):
you know, spousing what is a really smart move, which
is to diversify internationally. You know, this is like age
old advice. You know, we all know if we study
our personal finance history, that diversification is really important. You
should have a good chunk of your money overseas. But
that has been obviously ignored for years, at least here
in the US, because of the mania around the MAG seven.

(02:16):
And we did have one person this time, Victoria Fernandez
of Crossmark Global Investments, who did mention a MAG seven stock.
She mentioned Microsoft, but she also noted that she would
only sort of maybe buy it on a dip right now,
but most of the people had more of a cautious
tone in tech was not a major play.

Speaker 1 (02:35):
Yeah, well, let's start with Victoria then, because she was
actually the three that you into it. She was the
only one that was really still very very US orientated, right, so,
the Victoria Fernandez's chief market strategist at Crossmark Global Investments.
And when you talk to her, she talked about moving
into different parts of the US market as opposed to
moving out of the US market.

Speaker 2 (02:55):
Yeah, she did. I mean, you know, in tech, she
liked Cisco Systems. They are one of the few companies
with a dividend, so she likes that as sort of
a buffer. And she also likes the fact that their
software business has been growing over time and has a
higher margin and recurring revenues, which is always kind of nice.
She liked insurance, and particularly Progressive Corp, which has seen

(03:18):
property and auto lines increase policies at a rate of
eighteen percent year over year. And I think importantly to
her because she is still sort of cautious on the
market to a degree, Progressive is less valid than the
market as a whole. And then she also liked healthcare
a lot. In Gilead Sciences, it has an HIV franchise,

(03:38):
it's doing acquisitions, it has a you know, expanding its
lines in business for oncology and liver disease, and it
has a dividend. And if you look at what we
sort of cannot avoid it is medical expenses. So unfortunately,
that seems like the solid theme.

Speaker 1 (03:57):
Yeah, although you want to watch out for getting into
names that have a lot of weeks to Medicare and
medicaid in dis political environment.

Speaker 2 (04:03):
So true, we're in such a bizarre time. You know,
there's so much that's in flux and so much uncertainty.
And I mean, who knows what's going to happen with
Medicare and Medicaid, social Security. We just don't know.

Speaker 1 (04:15):
Yeah, so stay clear of that. Okay. So the second
person you interviewed this is Michael Rosen.

Speaker 2 (04:20):
Yeah, evangelists investments.

Speaker 1 (04:23):
And he's a diversified, diversify guy, and he's very clear.
He says, you know, fifteen years ago, just but it
told you to own large US tech stocks. I hope
that he did tell everyone that. I hope they did
follow his advice.

Speaker 2 (04:34):
Yes, that era.

Speaker 1 (04:36):
That era is very clearly done. New era, fragmentation, volatility,
spread everything around the place.

Speaker 2 (04:43):
Yeah, he advises diversifying your geography. Is your currencies, your sectors,
your strategies. You know. He made the point that the
US represents more than sixty percent of the world's equities,
but that is likely to fall. So he thinks you
should have half of your equities outside the US, including Europe, Japan, China,
and the emerging markets. And you will, like this, maren

(05:04):
a small five percent allocation to gold.

Speaker 1 (05:08):
Excellent, well done in I mean, maybe a little more.
But you know, everyone's getting with a program.

Speaker 2 (05:12):
Now, you know, no one's perfect Marrigan.

Speaker 1 (05:16):
And then he says, and I thought this is interesting
as well. He says that for a twenty five year
old investor, a someone who's got a very long time frame,
they should be all in on equities, none of its
bond nonsense.

Speaker 2 (05:27):
If you have a time horizon of for years, why not.
I don't think he's saying put it. He's not saying
put it all in the mag seven. But if you can,
if you have forty years, you can ride out the cycles,
and you can afford to take the risk. You know,
if you're more my age, if you add a couple
of decades onto there, he's like, well, you know, maybe
a more balanced portfolio than we've been advocating for just

(05:50):
even a couple of few years ago. But when you're young,
you're like a bond and you have a lot of
years stretching out ahead of you, and so you can
afford to take more of that stock like risk.

Speaker 1 (06:01):
And then he had a really great idea for an
alternative investment, which I would say counts this genuine diversification
across the asset classes.

Speaker 2 (06:11):
Yes, he had the most original idea. I have to say,
I don't know about the UK, but eggs have been
an issue of the praise of eggs has been very high,
and people are there's just like ridiculous amount of talk
about the praise of eggs, and so he's like, well,
you know eggs are still high, why don't you invest
in See what hens might yield? He said, with one
hundred thousand, you can buy four thousand egg laying hens,

(06:33):
each producing about one egg a day. That's twenty eight
thousand eggs per week. For about twenty three hundred dozen.
You solament farmers market for ten dollars a dozen and
that's twenty three thousand per week of revenue. You know, realistically,
we're not going to k do that, Okay, I reckon.

Speaker 1 (06:48):
America's poultry farmers might have some comments to make there
about labor costs and the cost of land and exactly
the cost there sticking to the general regulatory environment around
a care of chickens.

Speaker 2 (07:00):
Still he was not entirely serious with that.

Speaker 1 (07:03):
Well, nonetheless, it's good, good to think about why you can,
why you can expand yourself exactly.

Speaker 2 (07:08):
It's that's true diversification, you know, really is right.

Speaker 1 (07:12):
And then you add eight. Third interview this week Jose Rasco.

Speaker 2 (07:16):
Yeah. Jose is the America's Chief Investment Officer for HSBC
Global Private Banking and Wealth, and he is short termed
neutral in the US and more positive on emerging markets Asia,
noting in Asia and general economic growth is better. And
he's really focused on this paradigm shift from globalization to regionalization.

(07:36):
So he's looking at how China has moved a lot
of low end manufacturing abroad to Vietnam, the Philippines, Sri Lanka, Mexico.
He also has a modest overweight in Europe, particularly in
Germany and in the sort of emerging markets area. He
loves India, which I mean, we've heard about people living
India forever because it's young population, a lot of productivity

(07:59):
to come. But as he notes, like, we need them
to open up their markets a bit more.

Speaker 1 (08:04):
And that's an expensive market. I mean, you know that
the positive story is a really compelling one, but that
is not a cheap market.

Speaker 2 (08:12):
No, he's sort of looking at the five to ten
yure horizon in Europe. He's really looking at industrials, aerospace materials.
This is, you know, a defense play to a big degree.
So that's where he was at. And his alternate idea,
we ask people what they would do with one hundred
thousand dollars if they could do something fun, also fell

(08:34):
on a theme because two of these people said they
would buy a luxury Winnebago. I don't know if Winnebago's
at least large RVT like silver bullet buses that you
can drive across the country and park.

Speaker 1 (08:48):
No, we love them. I mean we don't have them,
but we love them.

Speaker 2 (08:51):
Right now.

Speaker 1 (08:52):
You had one one last guy at Matt Melee.

Speaker 2 (08:55):
Yes, Matt Melee at Miller and to BAC and he
is their chief market strategist, and he struck a crosshous note.
He said he would put like ten to fifteen percent
in cash because he feels we're like a key inflection
point where it's going to be hard to push higher
anytime soon, so he wants some dry powder if we
get another leg lower. But the one area he really

(09:16):
liked was interesting because he was saying firms like Blackstone
and KKR, you know, in sort of the private market space,
private equity and such, whose stocks were down forty percent
at their lows. They haven't bounced back as much as
the rest of the market, and he acknowledges that some
of these stocks are having a rough time and it

(09:38):
could get worse. But he feels like, how much lower
can they go? And also, if we do slide into
a unhappyer period in the markets, these are the firms
that jump in when they're sort of blood in the streets.
So his feeling is, you know, he wouldn't run in
and buy them right now, but he feels that their

(10:00):
stocks have already priced in a lot more than you
see in the broader market, and so he would nibble
at these stocks and dollar costs average into them over
the next six months, so he would take you a
very disciplined approach to averaging into them over time. He
talks about Boeing, which is interesting because it's been such
a loser for a long time, and his argument for

(10:23):
Boeing is a long term one, and he's like, well,
it's one of only two commercial airline makers in the world. Yeah,
and it's important to the defense industry. And he's like,
it's too big to fail, will always be rescued. But
on the other hand, it being rescued may not always
be good for shaholders. Not there's any reason for be
rescued right now. But you know, I mean, yes, I
take your point. But he thinks that Europe is building

(10:45):
up defense a lot of American contractors will be part
of that, and he feels like the stock is finally stabilizing.
It's definitely a longer term play. His advice there is
to buy a little bit once a month, every month
of the year and sit on it for five years.

Speaker 1 (11:00):
He's a stuff guy, right, so in his alternate idea,
he's not me. He does mention Winnebago's is as well
renting one of those, but actually do you know here
he is. He's saying that he'd go real estate realizated
always good, and as she went in Detroit in the
nineteen seventies.

Speaker 2 (11:14):
Of course he'd.

Speaker 1 (11:14):
Buy something in Mississippi, something in Alabama. And then he
does exactly what we were just talking about. This guy
would like to rent a Porsche. I know I'm not
buying a push rent a Pusche. Okay, that's an experience thing.
I'll give you that.

Speaker 2 (11:27):
I know that. I guess it is an experiencing thing. Yeah,
he'd love to rent a Porsche and drive as fast
as he could on Germany's Autobahn, which is a fantasy.
I know a lot of car people have.

Speaker 1 (11:36):
The last car I drove as fast as I could
on an autobarh was my little old MX five MIATI
called manus. I don't really go that fast?

Speaker 2 (11:45):
How fast? How fa?

Speaker 1 (11:48):
The bit I'm gonna goes up to one hundred and
eighty get launch it, and we certainly got it beyond that.
But I reckon I could go a lot faster in
a Porsche.

Speaker 2 (11:55):
How fast can you go in a Porsche? Is my question.
I'm not sure.

Speaker 1 (11:59):
I don't know. I don't know. Listeners, let us know
how fast you've been in your porch. In fact, listeners,
here's the challenge. I want to hear from you. I
want to hear from people who've driven as fast as
they can on Germany's autobah, and I want to know
who's gone the fastest.

Speaker 2 (12:13):
We're going to.

Speaker 1 (12:14):
Report on this next time, Suzanne, and we'll get together.
We're gonna name the person who's gone the fastest.

Speaker 2 (12:20):
So let's do that, all right. I love that.

Speaker 1 (12:22):
Yeah, it won't be me, and it won't be Suzan,
but I know it's one of you. Suzann, thanks so
much for that. That was really interesting and incredibly useful,
great ideas.

Speaker 2 (12:30):
Oh great to be here.

Speaker 1 (12:31):
Thanks thanks for listening to this week's Marin Talk to
Your Money. If you like us show, rate review, and
subscribe wherever you listen to podcasts, and also be sure
to follow me in John on x or Twitter at
marinas w and John Underscore Stepping. This episode was produced
by some SADI production supports by Moses and Questions and

(12:51):
comments on this show and your top speed are always welcome.
Our show email is Merri Money at Bloomberg dot net
Advertise With Us

Host

Merryn Somerset Webb

Merryn Somerset Webb

Popular Podcasts

On Purpose with Jay Shetty

On Purpose with Jay Shetty

I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!

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.

Ridiculous History

Ridiculous History

History is beautiful, brutal and, often, ridiculous. Join Ben Bowlin and Noel Brown as they dive into some of the weirdest stories from across the span of human civilization in Ridiculous History, a podcast by iHeartRadio.

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

Connect

© 2025 iHeartMedia, Inc.