I’ve elected Jim Cramer and Richard Kiyosaki into the Hall of Idiots over the past few years primarily because they promote behavior and give advice that is either foolish or self-serving. The Wall Street Journal did an article today about Suze Orman and how this financial panic is making her more of a star than ever. I can’t stand watching or listening to Suze Orman, it drives me up the wall and batty. I think the most annoying sound in the world is Suze Orman saying “girlfriend”. The article featured a couple people complaining about Suze, mainly advisors who said she was a fear monger (to be fair, a few things she has said I think could be considered just that) and profited unduly from her celebrity by doing endorsement deals.
I think this is all just professional jealousy. Lord knows Suze bugs me, but she is no idiot. Her books are great and have helped a lot of people. There generally gives good advice and her books are probably the best way a financial neophyte (even Men, not just Woman) should begin to learn about personal finances.
I won’t be watching Suze or listening to her on the radio……..but I also won’t be adding her to my Hall of Idiots, she doesn’t deserve that, she’s done to much good.
Scott Dauenhauer CFP, MSFP, AIF