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Suze Orman warns investors who rely too heavily on bonds.
Personal finance expert, believes that high interest rates and aversion to taking risks are keeping too many people away from a "lifetime chance" on the stock market.
How can you ignore some of these stocks? You have to invest in them. Do you dollar cost average them and take advantage [of] down days? "Yes," the podcast host of "Women & Money", told CNBC "
This week. You'll make a mistake if your money is parked in bonds forever.
Orman is also a
SecureSave, a fintech startup for emergency situations, was founded by co-founders of SecureSave.
Long-term investors need to be able to handle the ups and downs of the stock market.
I want to purchase a stock and hope that it will go down.
"I'm a serious loser at this point." Orman said, "I don't really care." "I'm going to buy an investment and hope that it will go down." "I want to buy a stock and I hope that it will go down further so that I can collect more."
She recommends keeping some money as fixed income in order to reduce the risk in an unstable environment.
She still believes that bonds have a place in portfolios. She enjoys the
Treasurys is now ready to look at the longer term.
The play could be placed in the long-term Treasury. I have started to dabble in. "I buy whenever the 30-year yield crosses five percent," said Orman.
You can also find out more about the following:
Treasury Yield 30-Year
It is still close to 2007 highs. As of Friday's closing, it traded over 5%.