Suze Orman: ‘You have to be crazy’ to put your money in this investment

As usual, Suze is about half right!

We are facing higher taxes ahead. A traditional 401k is a bad deal.

But she ignored the worst part of that bad deal - no protection against market crashes. Ask anyone who had a 401k which turned into a 201k in 2007-8.

And then she points people to ETFs which have no protection against market crashes.

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Les Dunaway