Find a replacement for Suzie Orman

Mar 27, 2007 6:58 pm

Happy to see that this site doesn't require you to be an fa to post here, afterall.  Or maybe they haven't gotten around to banning me yet for not being an fa.  At this venture, I haven't left the building yet.  If you don't like my being here then ignore this post and don't respond.  Deal.

The moderators can chase me off but the likes of some others who like to publicly ridicule me for liking Suze Orman or whom may have the audacity to post a PM when I was trying to help him won't be able to.

For the record, I am not a die-hard Suze Orman fan but I will say she does give no-nonsense advice to the financially uneducated.  I know much more from watching her show than I did. People have called in and said they have avoided making financial mistakes from watching her show. 

It doesn't seem that anyone can take over her spot (YET) as the most watched financial guru on tv though; why don't the others have their own tv show???  So thus it seems that not only do you need to possess good financial knowledge; you also need a celebrity personality, too--maybe that's why.   

http://www.adventuremoney.com/2006/12/04/money/ufgc-1-suze-o rman-vs-doug-andrew-paying-off-your-mortgage-early/

At least she caters to everyone with her advice but with latest focus on women and doesn't just focus on gay people.

It seems that someone else BETTER would have taken over?  Why doesn't Dave Bach or others have their own show?

It was interesting how she mentioned the $100 thru - was it TD Ameritrade?  (They seem to like her since they teamed up with her!)  However, she did mention that even after 13 mos, you won't be able to keep it unless you continue to do business with them.  Wow!  Great deal!  We'll give $100 but the catch is you won't get to take it out of your account.

I propose that if there's a better well known guru, get him booked on Oprah and everything else will follow.  If all of the fa's hate her, then you should be motivated to knock her off of her well paid pedestal and get someone else booked in her place.

On a different note, it's interesting to see fas talk about working at different companies on this site especially if you are researching the field.  It would be really interesting to see fas prove that their company is the best to do business with: hmmm, haven't seen that yet.  Suze doesn't mention specific companies but gives advice on what to look for in an fa.

Seems more conservative investors prefer Suzie's advice: for example, paying off a mtg vs using home for leverage as in discussion below.

http://www.nytimes.com/2007/02/25/magazine/25wwlnq4.t.html?e x=1330059600&en=909b21632b103934&ei=5124&partner =permalink&exprod=permalink

Mar 27, 2007 7:04 pm

I go back to Suzee’s apparent twinkee origins. Wasn’t she a white trash waitress hawking dougnuts or something? The part about her being successful is great, but why does she have to be a fast food spokeswoman for our industry?

Mar 27, 2007 7:06 pm

So you’re not an FA and yet you continually post here? It amazes me how some people possess such boring lives… Kill me if I ever get like that- please…

Mar 27, 2007 7:09 pm

Hmmm, if I'm able to post here...guess I don't have to be an fa.  You must be very bored to have to take the time to BULLY other people off this site.  The moderators can bully me but you can't.

Maybe I am an fa.  Do you think Bobby Troll has always told the truth. 

My suggestion is to encourage a Suzie replacement. 

Mar 27, 2007 7:11 pm

I go back to Suzee's apparent twinkee origins. Wasn't she a white trash waitress hawking dougnuts or something? The part about her being successful is great, but why does she have to be a fast food spokeswoman for our industry?

Interesting comments.  Where did she first work:  ML?  She had obtained donations from her fans and she invested this money and lost it all.  She proceeded to sue the firm where she worked.  If she got ripped off by ML--guess that makes them trashy, too?

Mar 27, 2007 7:13 pm

I am a student and need to get back to my studies.  Just wanted to make a statement that BULLYS on FORUMS don't CONTROL the forums.    it's the moderators or webmasters who control the forums, stupid.

If you just want FA's to post here, write to your friendly moderators and get them to change the rules.

Mar 27, 2007 7:22 pm

Dirk, where are you?

Mar 27, 2007 7:23 pm

Ok I’ll take the bait.  Suze is not a “financial advisor”, she is an entertainer with a MODEST amount of financial knowledge, and uses that limited knowledge to sell her books and financial pornography.

She spends much of her time delivering advice to people who she does not even know, based upon that person’s 30 second summary of their question and what they believe to be the relevant facts.

Most of her advice consists of information that anyone with a modicum of common sense should know…like “Don’t use a credit card to pay for something that you can’t afford.”  or “If you have credit cards and can only make the minimum payments maybe you need to change your lifestyle a little and pay off the credit cards.”  Wow…what a revelation.  People who don’t know that don’t need a financial advisor, they need a good smack in the back of the head.

Some of the advice she gives is just plain wrong and stupid…but we’ll leave that for another time.

The best one for me is reading the NY Times interview referenced above.  While Suze is busy promoting herself she ends up showing just how truly ignorant she is…

1.)  She has 96% of her (financial investments) tied up in ONE ASSET (SUB) CLASS, that being municipal bonds.

2.)  She is so IGNORANT of basic financial tools and techniques that she fully expects her lesbian life partner to lose 50% of her assets to estate taxes.  She should talk to one of those evil life insurance salesmen that she loves to trash on her show.  Maybe they could help her out!

Mar 27, 2007 7:34 pm

I agree and it's high time we found a replacement.  Dave Bach needs to appear on Oprah's show more...but only thing he has to offer seems to be real estate advice.  Leveraging a mortgage doesn't seem to be a very conservative approach during retirement years.  Suze is a certified financial planner but apparently Something was remiss in her financial education, obviously.

There's another financial expert who appears on Oprah but she doesn't seem to have the celebrity personality to have her own show yet. 

Then again, most of these so called financial experts write several books saying the exact same thing.  Her shows are all repetitive, too.

Time for a better replacement... only Oprah can help.

 I'm sure you fa's are all busy and need to get back to your jobs now.  

Encourage anyone who wants to use this site to do so and don't be afraid of the bullys.  Refuse to be bullied off the site; however, the moderators have the final word.  Wannabe's try asking questions about the best company to do business with ...and it would seem, this would be the best company to work for, too. 

Mar 27, 2007 8:31 pm

No, she wuz a waitress. Self made and all. No problem with that, it just goes to show they'll give anyone a CFP these days. Maybe ... Joe?

Mar 27, 2007 9:03 pm

[quote=goforbroke]

I agree and it’s high time we found a replacement.  Dave Bach needs to appear on Oprah’s show more…but only thing he has to offer seems to be real estate advice.  Leveraging a mortgage doesn’t seem to be a very conservative approach during retirement years.  Suze is a certified financial planner but apparently Something was remiss in her financial education, obviously.

There's another financial expert who appears on Oprah but she doesn't seem to have the celebrity personality to have her own show yet. 

Then again, most of these so called financial experts write several books saying the exact same thing.  Her shows are all repetitive, too.

Time for a better replacement... only Oprah can help.

 I'm sure you fa's are all busy and need to get back to your jobs now.  

Encourage anyone who wants to use this site to do so and don't be afraid of the bullys.  Refuse to be bullied off the site; however, the moderators have the final word.  Wannabe's try asking questions about the best company to do business with ...and it would seem, this would be the best company to work for, too. 

[/quote]

I find it difficult, nearly impossible, to believe that Suze is a CFP certificant.
Mar 27, 2007 9:07 pm

[quote=joedabrkr] [quote=goforbroke]

I agree and it's high time we found a replacement.  Dave Bach needs to appear on Oprah's show more...but only thing he has to offer seems to be real estate advice.  Leveraging a mortgage doesn't seem to be a very conservative approach during retirement years.  Suze is a certified financial planner but apparently Something was remiss in her financial education, obviously.

There's another financial expert who appears on Oprah but she doesn't seem to have the celebrity personality to have her own show yet. 

Then again, most of these so called financial experts write several books saying the exact same thing.  Her shows are all repetitive, too.

Time for a better replacement... only Oprah can help.

 I'm sure you fa's are all busy and need to get back to your jobs now.  

Encourage anyone who wants to use this site to do so and don't be afraid of the bullys.  Refuse to be bullied off the site; however, the moderators have the final word.  Wannabe's try asking questions about the best company to do business with ...and it would seem, this would be the best company to work for, too. 

[/quote]

I find it difficult, nearly impossible, to believe that Suze is a CFP certificant.
[/quote]

Well....she is an idiot. She could definitely be a cfp.

Mar 27, 2007 9:31 pm

She could start her own insurance company and dress up as a broker dealer.

Mar 27, 2007 9:56 pm

Well....she is an idiot. She could definitely be a cfp.

That's pretty good logic for the annuity cheese whiz kid.

Mar 28, 2007 12:35 am

I am a student and need to get back to my studies. 

Good. Try to learn something.  Susie hasn't.  She made that painfully obvious in a recent interview.

By the way, why do we need to have a Susie Orman at all or a replacement for her?  Are you one of those people who live their lives through the prisim of manufactured celebrities?  Did you cut your hair ala Brittany when she changed her look? 

sniff..... sniff..... Putsy is that you?

Mar 28, 2007 1:11 am

Suze is absolutely brilliant at what she does.  She gets paid lots of money to give fairly useless general information to lots of people and she doesn’t have to waste precious hours becoming overly knowledgeable.

Mar 28, 2007 1:16 am

 Hey everybody lay off Suze, we both have one thing in common, we both like girls!!!

Mar 28, 2007 1:49 am

but, only difference (if you are a guy)... bet your girls aren't still 'virgins'....

Suze is absolutely brilliant at what she does.  She gets paid lots of money to give fairly useless general information to lots of people and she doesn't have to waste precious hours becoming overly knowledgeable.

If she's that bad, then her show would go off the air and no one would buy her books.  See what the rest of you could do who REALLY know something!  Now go get a spot on Oprah and then you can easily replace her.

Mar 28, 2007 2:47 am

Is Suzee?

Mar 28, 2007 2:58 am

[quote=silouette]Is Suzee?[/quote]

So she says.   I think virginity is a technical term

Mar 28, 2007 3:06 am

[quote=goforbroke]

but, only difference (if you are a guy)… bet your girls aren’t still ‘virgins’…

Suze is absolutely brilliant at what she does.  She gets paid lots of money to give fairly useless general information to lots of people and she doesn't have to waste precious hours becoming overly knowledgeable.

If she's that bad, then her show would go off the air and no one would buy her books.  See what the rest of you could do who REALLY know something!  Now go get a spot on Oprah and then you can easily replace her.

[/quote]

"There's a sucker born every minute...."

P.T. Barnum
Mar 28, 2007 3:09 am

Apparently the "girlfriends" haven't learned how to do the Hyman Maneuver yet.     

Notice how gays wait until they're famous first before they come out of the closet.  

Would they have been just as famous if they came out of their closet first?

Mar 28, 2007 3:18 am

I think joe would be an excellent replacement.  Let’s book him on Oprah.  You know Oprah is the one who determines gets to be famous next.

Mar 28, 2007 3:21 am

Mass media advisers (in the loosest sense of the term) are helpful in as much as they convince todays spender to change his habits and become tomorrow’s client for personal advisers.

Mar 28, 2007 3:32 am

Hmmm, could I use that as my signature line.

Mar 28, 2007 7:44 pm

Self Professed Resume of Suze Orman:

- Dropped out of College

- Waitress at a Coffee Shop until 1980

- Merrill Lynch as an 'Account Executive' 1980-1983 (big deal)

- Prudential Bach as V.P. of Investments 1983-1987 (couldn't make it at Mother Merrill)

- Independant 'Advisor' from 1987-1997

-Book Tour/Talk circuit from 1997- present

Ever notice how Oprah seems to 'discover' people and promote products, books, etc that turn out to be a hoax? I bet Suze would jump on a couch and give you a million little pieces of reasons why she can still advise with this background.... kinda makes you wonder.

 

 

 

 

Mar 28, 2007 7:54 pm

Gofor, do you think Joe acts gay, and he would come out publicly as the replacement?

Mar 28, 2007 7:58 pm

 I bet Suze would jump on a couch and give you a million little pieces of reasons why she can still advise with this background.... kinda makes you wonder.

The wonder is, she might be an excellent advisor, it's just that you can't serve two masters. We already know she is good at jumping on the couch. Gopher raises some interesting points here.

Mar 28, 2007 10:06 pm

No, I don't think Joe is gay--did I say a "replacement of a gay fa who will do their own tv show, write books?"  No, as Suze says, "don't think so!"..  I meant there isn't anyone else with a tv show.

Now just because James Frey wasn't that great doesn't mean Oprah doesn't know what she's doing.  Dr. Phil is still going strong.

Google Suze, she's a CFP.

I'm not a die-hard fan as I mentioned.  She just has commonsense info/advice and presents it very clearly, logically.

Mar 28, 2007 10:45 pm

Google Suze, she's a CFP.

Not a very good one since she can't figure out how to pass her estate to her significant other.

According to Editor and Publisher, when she was asked by Deborah Solomon if she is married, Orman countered that she has a "relationship with life." After further pressing, Orman revealed that she is in a seven-year relationship with Kathy Travis, a coproducer on The Suze Orman Show.

She told Solomon that the two would like to get married because they each "have millions of dollars in our name. It's killing me that upon my death, K.T. is going to lose 50 percent of everything I have to estate taxes. Or vice versa."

The woman is an idiot.

Mar 28, 2007 10:50 pm

Well I certainly didn't mean to put words in your mouth and imply that you were implying that Joe acts gay most of the time, anyway he might get to be a CFP like Suzee someday, and if you watch her a little each day, that's okay, can't comment on James Frey.

Suzee is a common sense woman, and being a waitress is a good start on this career path, who among us has not a diverse past.

Mar 28, 2007 10:52 pm

Muny...hitting heavy on the whitespace aren't you?

Yeah...I agree: she needs to read some of those financial books written for gays.

Give her a point for clearly presenting commonsense info to the masses.  Give her a point for having the nerve to sue her employer (ML) when she lost that money as I mentioned...it takes nerve to sue your employer while you're still working for them.  She's also trying to empower women, too, with her latest book.

Her show has gotten dull...bring back Jeff--he was good at reading email  

Nothing wrong with her working as a waitress, though.  She then was "discovered" and that's how she moved up.

Mar 28, 2007 10:54 pm

Looney, I know a few folks around here who could show her a big MEC VUL policy to take care of Suzy and life partner.

Mar 28, 2007 11:50 pm

Yeah...I agree: she needs to read some of those financial books written for gays.

She needs to read some of those financial books written for anyone. 

Two people who are not married and who are unrelated to each other can do financial planning regardless of their bedroom acrobatics. Any compenent CFP would be able to suggest multiple strategies. 

This has nothing in the world to do with being homosexual or lesbian.  They are just trying to play a victim card.  I could figure out a way to leave everything to my cat without having it eaten up with taxes if I wanted to. 

Mar 29, 2007 2:59 am

Since we are in the proscriptive mode, maybe she could just use a valium prescription.