Every portfolio benefits from bonds; they provide a cushion when the stock market hits a rough patch. But avoiding stocks completely could mean your investment won't grow any faster than the rate of inflation.

In 1987 Orman resigned from Prudential and founded the Suze Orman Financial Group in Emeryville California. Suze Orman's Will & Trust Kit – Introduced in 2005 with her personal trust attorney. Her mother worked as a secretary for a local rabbi while her Russian immigrant father worked in a chicken factory and managed a delicatessen in Hyde Park.

A. In 2006 Suze Orman won a Gracie Award for Outstanding Program Host on the The Suze Orman Show on CNBC. She has written several books on the topic of personal finance.