Financial advice is rarely one-size-fits-all, but this interview with Suze Orman is worth a watch.

In 5 minutes with NBC’s The Today Show, Ms. Orman covers a ton of relevant ground for homeowners and the public-at-large:

  • Who should — and shouldn’t — be paying down their mortgage
  • What backlash to expect from the Dow’s 40% run-up since March
  • Why July 2009 is so different of an environment from July 2008

Then, as a bonus, Orman explains the relationship between bond prices to bond yields. It’s the heart of why mortgage rates rise when inflation is present.

A lot of what Orman talks about is spot-on, but that doesn’t necessarily make it appropriate for your individual situation. Before acting on Orman’s opinions, talk to your financial professional first.

URGENT: Share This With Your Friends:
  • Digg
  • Bumpzee
  • del.icio.us
  • Facebook
  • Furl
  • Mixx
  • NewsVine
  • Reddit
  • StumbleUpon
  • YahooMyWeb
  • Google
  • TwitThis

Here's What Serious Investors Are Reading:

  1. Why I Won’t Participate In Product Launches With The “Gurus”
  2. Want To Know Why Mortgage Rates Are Up Over 1.125 Percent In 10 Days?
  3. What’s Ahead For Mortgage Rates This Week : May 18, 2009