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Suze Orman HATES Fractionals

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that's right

it was actually profiled on her show on CNBC. she had "her favorite pilot" on the show and he proposed to his fiance.

he was in uniform and said he worked for avantair. she said she was an owner.

look up the history of the show maybe you can find it.

of course I'm talking logic to people on flight info, how dumb of me.
Thats right this FI, we don't deal in reality.
 
it was actually profiled on her show on CNBC. she had "her favorite pilot" on the show and he proposed to his fiance.

he was in uniform and said he worked for avantair. she said she was an owner.

look up the history of the show maybe you can find it.

of course I'm talking logic to people on flight info, how dumb of me.

Well, if you are correct, then she either doesn't know what she is talking about (which is likely) because Avantair is, indeed, a fractional or she has no problem LYING to the public (also very likely). Who knows? She can't say she wouldn't buy a fractional share if her life depended on it and then buy a fractional share at Avantair - that makes ZERO sense. But hey, she is annoying and she probably doesn't understand what the F#@K she is talking about...
 
A real financial planner would spend hours completely pouring over your finances before he/she would suggest anything. She spouts trash after a 30 second screening. You get what you pay for.

When you get advice from anyone on anything, ask yourself how that person gets paid. It will affect the advice you get.

She works in show business. How does she get paid? Sensationalism sells! If she doesn't say or do something controversial, she might lose her spot on the best seller list. If she loses her spot, no more TV deal. If she loses her TV deal,...

It is all pathetically transparent.
 
She'll only charter the Beechjunk 400. Says she only likes this plane because she has control of the cabin temp in the back.

Now there is some sound decision making!!
 
She'll only charter the Beechjunk 400. Says she only likes this plane because she has control of the cabin temp in the back.

Now there is some sound decision making!!

I heard a rumor -- just a rumor -- that some of the fractionals are now flying planes with that feature. Some of them even fly the 400!


:rolleyes:
 
I have flown her a bunch on the Ultra. Nice woman, friendly and self sufficient(she doesn't come up and bother us while flying). 135 Charter. Who cares? She is a celebrity that gets paid to get ratings and sell product with her name and face on it. Nothing to see here, move along...
 
Similar advise without Ms. Orman's Baggage:

www.daveramsey.com

His billboard slogan: "Act your wage!"
Ramsey, much like Orman, has been criticized in financial circles for offering overly simplistic solutions to "complex" financial issues. Ramsey's exaggeration of expected stock market returns, his focus on high-risk growth funds instead of safer index and life-cycle funds, and his failure to state the importance of investment expenses make him worse then Cramer.
 
Ramsey, much like Orman, has been criticized in financial circles for offering overly simplistic solutions to "complex" financial issues. Ramsey's exaggeration of expected stock market returns, his focus on high-risk growth funds instead of safer index and life-cycle funds, and his failure to state the importance of investment expenses make him worse then Cramer.

His overall advice is doing what you love to do and living within the means that provides. The simple stuff your grandpa used to live by, much of which is grounded by faith.

I've been listening to him for a while and he seems to be a very honorable man. He's helped straighten out the messed up lives of thousands of people.

He has a similar critical opinion of financial circles, because they offer "complex" financial solutions so they can sell them for a larger commission.
 
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don't know if this worked. if not look for Business Jet Traveler. April 1,09 issue.

it's about how much she loves business aviation.
 
I saw her boarding a BJ the other day at KTEB. Anybody know who she charters with. I searched the tail number, but it is an unregistered tail number. You think she's flying around in an unregistered plane?
 
so much for life-cycle target funds being safe

instead of safer index and life-cycle funds, and his failure to state the importance of investment expenses make him worse then Cramer.

http://money.cnn.com/2009/04/27/news/companies/kimes_targetfunds.fortune/index.htm

Target funds miss the mark
Portfolio managers who committed too much money to stocks in search of extra gains inflicted big losses on investors nearing retirement.

April 27, 2009: 1:40 PM ET

(Fortune Magazine) -- Target-date funds, also called life-cycle funds, are supposed to ease your troubles. You park your money in one, and the fund manager rebalances your portfolio over time, moving your assets from stocks to bonds as you approach your retirement. But for many target-date investors in their sixties, those years will now be spent trying to recuperate losses of 25% or more in 2008 - which were incurred in part because their funds were treating them like 30-year-olds.

"The typical target-date fund is overly aggressive," says Craig Israelsen, a Brigham Young University professor and the founder of research firm Target Date Analytics. "Managers were betting that if they were in equities, they'd perform better - and they got nailed, along with everyone else. The problem is, they were nailing people in their sixties and seventies."
 
25% loss not bad

, those years will now be spent trying to recuperate losses of 25% or more in 2008 "
Many people wish they had only lost 25% in 2008. I managment my own portfolio and I lost 22% last year. The big question is, how have those managed funds done this year, and how will they match the general recovery. I am up over 3% this year.
 

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