Finance

Why Suze Orman Advises Against Hasty Financial Decisions in 2025

As the New Year begins, many are eager to make financial changes or resolutions, especially with the start of a new presidential administration. However, financial expert Suze Orman advises against making hasty money decisions driven by fear, excitement, or speculation about the future. While it's tempting to react to political events or headlines, Orman emphasizes the importance of patience and long-term thinking. Financial decisions should be based on personal goals, not short-term trends or predictions. Orman encourages taking time to research and plan thoroughly before making any significant financial moves.

TECH

Top Tech to Watch in 2025: Cryptocurrencies and Personal AI

As 2022 ended, the cryptocurrency industry was reeling, with FTX collapsing and $8bn of customer funds missing. The scandal shattered confidence, and many believed cryptocurrencies would remain a niche product. However, optimism surged in 2024 after Donald Trump’s presidential win, as his pro-crypto stance led to regulatory changes, including the nomination of Paul Atkins as SEC chairman. This shift fueled a bitcoin surge past $100,000. Experts predict that relaxed regulations could enable banks to enter the crypto space, potentially making the U.S. the global cryptocurrency capital.

Meanwhile, AI is becoming more integrated into our digital lives, with tech giants like Apple, Google, and Samsung launching services to manage tasks like photo editing and web searches. As AI tools become more personal, managing private data like diaries or medical records raises trust issues. Microsoft’s AI tool, Recall, faced controversy over privacy concerns, but the company believes personalized AI will shape the future. Experts predict that by 2025, AI will evolve to offer highly customized services, but trust in handling personal data will be crucial.

CRYPTO

Crypto’s Darkest Hour: The Impact of the Great Crash

Dennis Kelleher, president of Better Markets, warns that the countdown to the next major crash has already begun. Recently, economists, traders, and government officials have echoed this sentiment, especially with the incoming Trump administration's promises to pass crypto-friendly regulations and ease Wall Street restrictions. While some believe this will usher in an era of prosperity, Trump’s vision is for the U.S. to become the global leader in crypto and finance. However, financial experts predict a different outcome: a cycle of boom and bust, where cryptocurrencies experience rapid gains followed by devastating crashes, with many facing financial ruin.