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obnoxiousdrunk

(2,910 posts)

27. Makes sense.

Reply to CTyankee (Original post)

Sat Mar 16, 2024, 01:59 PM

Mar 16

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Did anyone else watch Mika's interview with Suzie Orman today on Morning Joe? [View all] CTyankee Mar 15 OP

Singling out one particular business is essentially calling for a boycott. madaboutharry Mar 15 #1

You're correct snowybirdie Mar 15 #2

Suzie Orman is a con artist. Marcus IM Mar 15 #3

I remember seeing comments about the con artist here on DU some niyad Mar 16 #40

Yikes, I didn't know this! BigDemVoter Mar 16 #45

I caught her act several times, and managed about two minutes. She niyad Mar 16 #46

Suzie Roman? Here all Suzie Orman is suggesting is to put away a few dollars regularly... brush Mar 16 #52

Thanks for pointing out my misspelling. Marcus IM Mar 16 #59

I have to disagree angrychair Mar 16 #61

Nuts. It's the same principle as investing on the job in a 401k. brush Mar 17 #62

In principle angrychair Mar 17 #65

Again, if you invest $8.00 a day, what StarBucks costs now... brush Mar 17 #67

Putting your $5 dollar-a-day coffee money into a savings account for 40 years... LudwigPastorius Mar 17 #64

See post 67. It's the 401k principle. brush Mar 17 #66

Her point was don't spend your money on DURHAM D Mar 15 #4

That's the way I saw it. RubyRose Mar 15 #5

+10000 BannonsLiver Mar 15 #9

Agreed. "Starbucks" was shorthand TheProle Mar 15 #10

I get the point, but if those were the numbers she used, she's way off. Scrivener7 Mar 16 #12

Where can I get 7% compounded interest? crazylikafox Mar 16 #18

The S and P has averaged higher than that for Scrivener7 Mar 16 #23

That's from the stock market, not insured bank deposits crazylikafox Mar 16 #29

Rught Now... ProfessorGAC Mar 16 #36

But that's where you can earn 7% or more over the long run. Scrivener7 Mar 16 #60

She has been, according to articles I referenced below, talking about Roth IRA's niyad Mar 16 #41

"Figuring the coffee costs $5 per day" BannonsLiver Mar 16 #30

You Sure About That ProfessorGAC Mar 16 #35

Pretty sure, yeah. BannonsLiver Mar 17 #68

Funny That The Online Menu Says Otherwise ProfessorGAC Mar 17 #70

And one thing she did not mention, apparently, was that she thinks people niyad Mar 16 #49

thank you. I remember an article about this cally Mar 16 #57

+1000 GuppyGal Mar 16 #15

Sounds good to me, but elleng Mar 16 #53

Make your Rebl2 Mar 16 #56

I had a similar reaction zeusdogmom Mar 15 #6

It is simplistic advice. True, but kinda condescending. CTyankee Mar 15 #8

Lol! I hear you! The year I bought my first apartment I ate Frosted Mini Wheats for two Scrivener7 Mar 16 #13

You were taking the Kellogg's ceo's advice early. That man, who gets niyad Mar 16 #50

I agree with Susie. MOMFUDSKI Mar 15 #7

A friend of mine I used to work with in her Costme Shop.. ProudMNDemocrat Mar 15 #11

They've been giving this same advice for over a decade now. Arthur_Frain Mar 16 #14

The only folks who make money are Suzie Ormon and her ilk. Demsrule86 Mar 16 #22

Exactly. niyad Mar 16 #43

Exactly. niyad Mar 16 #42

It's smart advise since we all know that the majority of us do waste money on BS stuff. And she means Dunkin Donuts GuppyGal Mar 16 #16

Damn, what's a cup of coffee at Starbucks cost? Emile Mar 16 #17

I have no idea. I never go to Starbucks. I think Mika cited about $5-8. CTyankee Mar 16 #19

No one ever says men should skip Starbucks now do they? Demsrule86 Mar 16 #21

True! And that is why we should just get off the Starbucks shit. CTyankee Mar 16 #31

She has been yammering about Starbucks, and, apparently, avocado toast niyad Mar 16 #44

I despise Suzie Orman...who has gotten rich off of giving bad financial advice. Demsrule86 Mar 16 #20

100% MotownPgh Mar 16 #33

Yep. She's the female Jim Cramer. Brenda Mar 16 #34

Yes she is...she expects the little people to live with nothing and she lives off of those Demsrule86 Mar 16 #37

Exactly. niyad Mar 16 #48

Yes she is...she expects the little people to live with nothing and she lives off of those Demsrule86 Mar 16 #38

Exactly. niyad Mar 16 #47

Why can't it be "Morning Mika"? It would be more watchable. elocs Mar 16 #24

I prefer when Mika is off. She is just not MOMFUDSKI Mar 16 #32

Off Topic, But... ProfessorGAC Mar 16 #58

Didn't watch it, but she is right RandomNumbers Mar 16 #25

We're told to go for value investing, well that applies to products too bucolic_frolic Mar 16 #26

Makes sense. obnoxiousdrunk Mar 16 #27

Guess I'll end up poor since I hate Starbuck's coffee. sinkingfeeling Mar 16 #28

First of all, that is part of the same schtick she has been handing out for years, niyad Mar 16 #39

I didn't see it. I've watch Orman's show when it was on regularly. She gives practical tips. brush Mar 16 #51

That is certainly the key to financial success. I've been lucky enough to work for employers my entire career beaglelover Mar 16 #55

No, but... Mike Nelson Mar 16 #54

In other words - stop drinking Starbucks so your CEO can have a second yacht. tinrobot Mar 17 #63

It's a shame that women can't BOTH invest AND drink coffee Bucky Mar 17 #69

Compound interest calculator scipan Mar 17 #71

Saw this meme, and it seemed apropos: LudwigPastorius Mar 18 #72