I upgraded my audio equipment, but unfortunately, this video's audio had some issues. I tried my best to make it sound decent, but if I sound extra nasally, that's why!
Sounds Great! First thing I noticed was how good and clear audio sounded . Great Info over all, definitely looking towards checking out some more content?
I'm uncertain if my 401(k) and IRA will secure a stable future. I'm looking for an investment strategy that aligns with my risk tolerance and financial goals. I've set aside $1 million for this purpose. Would you recommend investing in stocks or purchasing rental property?
You're right, I used a financial advisor. Approaching retirement, I've benefited greatly from their supervision. Starting late, I knew index fund compound interest wouldn't be enough. It's funny how I've outperformed peers with more years of investing experience.
I totally agree. Based on personal experience working with a financįal manager, I currently have ($2million) in a well-diversified portfolio that has experienced exponential growth from when i started. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
I've recently retired and am unsure if my 401(k) and IRA will provide a stable future. I've set aside $1 million and need an investment approach that aligns with my risk tolerance and financial goals. Should I invest in stocks or buy a rental property?
Look up dividend aristocrats. Pick six to ten from that list. Those companies have a track record of 25+ years of paying dividends. Also, its advisable you work with a financial advisor to help set up a well-structured portfolio.
I agree. Based on personal experience working with a financial advisor, I currently have $2 million in a well-diversified portfolio that has experienced exponential growth from when i started. It's not only about having money to invest, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
I work with Sharon Marissa Wolfe as my fiduciary advisor. Simply look up the name. You would discover the information you needed to schedule an appointment.
Sonya lee Mitchell is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I believe the retirement crisis will get even worse. Many struggle to save due to low wages, rising prices, and exorbitant rents. With homeownership becoming unattainable for middle-class Americans, they may not have a home to rely on for retirement either.
Got it! Buying stocks during a recession when prices are down could be a good move. You might get them at a lower price and sell later when they go up. Just do your homework and be aware of the risks before diving in!
@@WaynePhilip89 That's awesome! Investing in stocks with a reliable trading system can lead to great outcomes. It's fantastic that you've been working with a financial advisor for a year now. Starting with less than $200K and being just $19,000 away from making half a million in profit is impressive! Keep up the good work!
@@JacquelineTheresa VICTORIA CARMEN SANTAELLA Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
@@Richardnnabuikediyoke She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.
With Roth IRA, the money you are contributing has already been taxed. At any time for any reason, you can withdraw your contributions tax-free and penalty-free. Additionally, any earnings on investments can also be withdrawn tax-free and penalty-free, Not sure how much to contribute, I'm still at a crossroads deciding if to liquidate my $338k stock portfolio.
For the average person, the strategies are fairly demanding. In actuality, most professionals who have the necessary abilities and knowledge to complete such occupations do so successfully.
That's awesome! Investing in stocks with a reliable trading system can lead to great outcomes. It's fantastic that you've been working with a financial advisor for a year now. Starting with less than $200K and being just $19,000 away from making half a million in profit is impressive! Keep up the good work!
Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
I am 53 years old and consider myself to be a high earner. My job provides me the option to contribute the employer contributions to my Roth 401k. Should I do that or should I continue to direct that to my Traditional 401k ahead of retirement?
As a high income earner can you easily afford to contribute max of $22,500 to your traditional 401(k) and towards retirement? What is your Federal Tax Bracket and percentage of company match? I f you don't know all this then its best you consult with an advisor.
Myself and a few other employees work with Sharon Ann Meny . She helps me max out on the Roth 401k in the month of November each year. My company matches 6% and I think my tax bracket is 22%.
I grew up with parents who are not financially literate and for the majority of my upbringing we lived paycheck to paycheck. I don't blame them for this, but I'm glad they have given me this opportunity to discover the world of finance on my own. I'm only 17 and I still have so much to learn about money and finance in general, but UA-camrs like you have been helping immensely. For some reason I feel behind, but in reality I'm probably not. Thank you so much, sir. I greatly appreciate your content.
Please, save your money, be frugal but reward yourself sometimes with things you love and without going overboard, join and contribute to a 401K program, as soon as you start working. AND get a prenup, when the time comes. Don't take this the wrong way, these are the things I wished someone thought me when I was your age.
I just switched up my Roth IRA to 50% SCHD, 25% SCHX, 25% SCHG, and my Roth 401k is 70% vanguard S&P 500 index, 20% vanguard growth index, and 10% vanguard international index. Seeking best possible ways to grow $350k into $1m+ before retirement in 3 years.
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
It's true that many people underestimate the importance of advisers until their own feelings burn them out. A few summers ago, following an ongoing divorce, I needed a significant push to keep my company afloat. I looked for licensed advisors and found someone with outstanding qualifications. She has contributed to my reserve increasing from $275k to $850k regardless of inflation.
Engaging with books has significantly elevated my perspective on investing. True wealth isn't built through mere savings; financial freedom stems from strategic investments. I've learned that accumulating wealth hinges on making prudent investment decisions
Choose a reputable financial adviser like *Jenny Pamogas Canaya* for insurance, regardless of the firm. With her dedicated career in financial planning, you'll receive guidance for growth, better navigation, and secure task completion-|
Discovering your familiarity with her was a delightful surprise. Over the last few months, I've had the privilege of closely collaborating with Jenny Pamogas Canaya. She has not only facilitated significant profits but also served as an exceptional mentor and trader. Her remarkable skill in navigating diverse market situations leaves me thoroughly satisfied with our partnership!
I’d be retiring or working less in 5 years, and considering this financial recession, I’m curious to know best how people split their pay, how much of it goes into savings, spendings or investments, I earn around $250K per year but nothing to show for it yet.
Very true, I find myself lucky enough exposed to money management at an early age. Worked full time when I was 19, purchased first home at 28, fast forward time... I'm 50 now, got laid off March 2020 amidst lockdown, a blessing in disguise. At once, I consulted an advisor to stay afloat and with subsequent investments, I'm only 15% short of $1m as of today.
@@ClaudiaRom this is huge! would love to grow my reserve regardless of the economy situation, my 401k has lost everything accrued since early 2019, at this point, i'm in need of guidance, can you point me?
@@Javier_Rodri I’ve shuffled through a few experts in the past, but settled with ‘LOREN LENA WALKER’. The strategy they use is recession-proof, more specifically profit-oriented, and most likely, you'd find her basic info on the net, she's a renowned advisor.
Because ROTH IRAs are tax-free, you'll be able to keep more of the money you've worked so hard to earn.I want to invest more than $300k, but I'm not sure how to go.
Holding fixed-income assets in tax-deferred retirement funds as opposed to taxable accounts has additional advantages. If you don't know how to invest in the market, get some advice from a financial counselor.
Having an investment adviser is the best way to go about the stock market right now, especially for near retirees, I've been in touch with a coach for awhile now mostly and I made over $300K within a short time
@@lowcostfresh2266 My consultant is Vivian Carol Gioia. She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision. I basically follow her trade pattern and haven’t regretted doing so
THANK YOU. I searched and listened to so many others on UA-cam and was still left confused. You are extremely clear, straight to the point, and clarified EVERYTHING by showing real examples. You're amazing. THANK YOU.
@@angelsarah79 4:00 There's a maximum contribution amount per year. It's $7000 in 2024, plus an extra $1000 if you're age 50+. It increases every year to account for inflation. Importantly, it applies to all Roth and traditional IRA's you have collectively.
Thank you Joshua, I just set my Roth IRA with Fidelity for $1,000. I appreciate your explanations and advice on helping people get started. I'm a new subscriber and will always look at your videos for insight!
Great video. We all strive for financial independence and better life. It’s not difficult in achieving this through the right investment, living frugally, and budgeting. I’m glad I learned early in life to work hard for financial freedom
In my opinion, venturing into a good investment is not just a strategy for generating passive income but a profitable saving method for future expenses. Those who fail to make the right decisions early in life end up regretting it. Nevertheless, investing can be difficult and risky doing it solely, For this reason, I advise seeking help from professionals(financial advisors). It’s not just watching videos and reading investment books the challenge is using them well.
sincerely, I’m truly inspired by your words. I’m very interested in investing and I have got a good sum of money which I’m ready to put in with the right information. My biggest fear is losing my money on the wrong investment. For this reason, I’m willing to listen to your suggestions and ideas on how to invest wisely.
As an OAP with a lot of experience, I firmly believe that the success of any investment depends on having the right information, regardless of what others say, do whatever you set your mind to. Warren Buffer always says "be greedy when others are fearful and be fearful when others are greedy". This is certainly the trick to succeeding even when others fail. I made six figures working with *PRISCILLA DIANE AIVAZIAN* a licensed financial adviser . It’s been a promising experience so far with her.
If your situation allows it, max out your Roth and 401(k). As a suggestion: put the Roth into a mutual index fund that tracks the S&P 500. Rinse and repeat for 40 years.
I had to get an expert fiduciary, Sir Eric Arlo to manage my Stocks portfolio as I have no skills for that, my portfolio has been growing at 7% daily and this is the sixth month for me
Made my first £200 k from buying startup company’s Stocks over a year, I was able to generate good ROi monthly after tax, and ever since it’s been a great source of income for short and long term
Becoming a millionaire through a Roth IRA or a 401(k) involves different strategies for maximizing profits. A Roth IRA offers tax-free withdrawals in retirement, which can be advantageous if you expect to be in a higher tax bracket later in life. On the other hand, a 401(k) provides tax-deferred growth and potential employer contributions, boosting your savings. The optimal choice depends on factors like your current and future tax situation, employer match, and investment options. Consulting a financial advisor can help tailor a strategy that aligns with your financial goals and circumstances.
Prioritizing effective personal finance management holds greater significance than the sheer amount saved, irrespective of income source. Consulting a certified financial advisor can offer tailored strategies to optimize financial results by reducing expenses and enhancing income, regardless of whether it's earned through employment or investments.
I wholeheartedly concur. At 60 years old and newly retired, my external retirement funds total around One million two hundred fifty thousand dollars.. With no debt and minimal retirement fund allocation relative to my portfolio's value over the last three years, I recognize the importance of a financial advisor. Neglecting them isn't an option; however, thorough research is vital to find a trustworthy fiduciary advisor.
*@shirleygarland4766* This aligns perfectly with my desire to organize my finances prior to retirement. Could you provide me with access to your advisor?
I'm guided by "Camille Alicia Garcia" an experienced coach with extensive financial market knowledge. While you can consider other options, her strategy has yielded positive results for me. She offers valuable insights, including entry and exit points for the securities I concentrate on.
Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call. Her expertise is impressive, and I'm eagerly anticipating our conversation.
My advice is always to keep the majority in ETFs that cover multiple sectors. Then have a couple stocks, as a small percentage, picked out that you feel personally attached to or interested in. That way you can mitigate a lot of the risk but also have a personal touch to your portfolio. I feel this mitigates some of the emotional downsides or disinterest people have with investing. Also helps with the urge to constantly buy/sell with fluxes in the market. Grateful i have an adviser at this point. major Thanks to James Fletcher Brennan
ahhh this channel is going to help me out so much!! I just turned 25 which I know is still young however I feel like if I start this now vs 35 I know those 10 years can make a big difference. I do get overwhelmed by this stuff and the way you’re explaining everything is simple and easy for me to understand and doesn’t overwhelm and stress me out. thank you!!
Man you do a great job at explaining investing topics in simple and easy to understand way. I would have to agree that Fidelity and Vanguard are the best in the game right now.
Great stocks and I just bought in on them, but I'm interested in making short term profit, let say turn a $150K to $500k in 6months, I'd appreciate tips on how what stocks to buy to make this much profit.
EVERYONE under 30 should be doing this right NOW. If you aren't under 30, it isn't too late. I had to 'start over' when I was 38 and my net worth is now.... a lot. Start building good investment investment habits today, then you'll have WAY less stress down the road. BTW, to fully fund a Roth IRA for the year, ($6K) it will only cost you $115.38 per week. I can make that much in one day driving Uber, easy.
I don’t know how the hell you popped up in my recommendations but Ok you really explained a lot in a little time and helped me invest some money rather than spend it on dumb materialistic shit thanks you have a new subscriber
Young people, open your ROTH asap! Time is on your side. I am 52 finally getting around to this (I have a pension but it’s not gonna be enough). This was a good, clear explanation of the process 👏🏽👏🏽👏🏽
I don't know how my parents are doing it but they only receive ssi as they either didn't know about investing or just to poor to do so. May I ask if your house is paid off?
Kate Kayden says Hello. My guy and I are 46 and 52 we both have a 401k or 403b we are starting to invest together so we opened a Fidelity Account and will begin investing in Mutual Funds, EFTS, REITs and the like. Look forward to watching more of your videos and learning.
At my last job before I retired they added a Roth to the 401K so you could do both post tax and pre tax contributions. My personal suggestion is to take a 33/66% approach meaning for every 1% you put in a Roth you put 2% in a Traditional IRA or 401K. If you max out the Roth convert the remainder into a Traditional or 401K if possible. For investment and tax reasons you will never regret this approach.
Choosing a Roth IRA is advantageous as it uses after-tax funds and allows tax-free growth. When I retired, I had $3M million saved, and I won't be taxed on my withdrawals.
maybe i need to watch more videos but what i understood was - for an IRA go with Index, otherwise ETFs. So i should be able to use dividend ETFs for my IRA , but i wouldn't have access to the dividend without penalties. So my two choices would be: an IRA with growth or an ETF dividends with costs.
MISSING ADVICE: to select the broker and the fund that has a minimum Expense Ratio! Also, Roth IRA option with a good index fund and low expense ratio may already exist in your 401k, so you may not need a new broker.
@@decibella12 , an expense ratio (ER) describes management fees for owning a fund. For example, if management takes $30 per year for every $10K that you invest within fund, the expense ratio is 0.3%. This fee eats into your investment, so you should compare fees before investing. Anything under 0.1% is good, and Fidelity advertise even 0% ER index funds. I assume they are managed automatically without human involvement, so no service fees. Your 401k may allow you to invest in ROTH as well, so no separate IRA is needed. But again check ERs of all your investments to minimise service fees. In the distant future you will roll over your 401k to IRA before hitting age of 72.5 anyway since required minimum distributions do not touch Roth in your IRA, but do require from your Roth in 401k.
@@decibella12 If I'm understanding what they're saying correctly, in other words choose a broker/fund that you pay less money to annually. I believe FSKAX is 0.015% so for every $10,000 you invest, you'll pay $1.50 annually compared to Vanguard's equivalent which is 0.04% or $4 per year with that same amount.
I just wanted to take a moment to congratulate you on your amazing UA-cam channel! Your videos are truly inspiring and entertaining. You bring so much value to your viewers, and you do it with so much passion and dedication. Keep dazzling us with your exceptional content!
Wow I just opened a Roth IRA a couple days ago on fidelity and I contributed 1k but this video would have been nice when I was looking up tutorials lol, great vid ! And I also purchased the fskax fund too so great know that I’m the right track ! :)
@@potterylady44 If referring to your *2021* Roth IRA, you have until tax day (typically April 15) 2022 to contribute $6,000, so just over a 30 days. You should do that before starting your 2022 Roth IRA. If you can afford to contribute $6,000 to your 2022 Roth IRA all at one time or if not throughout the year. If you have a job that offers 401(k) with a company match you should contribute at least enough to get that match.
HANDS DOWN THE BEST VIDEOS I HAVE WATCHED ON UA-cam. I wanted to invest in stocks and a ROTH IRA for years and I never knew how to make that leap without spending money on a broker or trades. You explained it and keep explaining great things. I recommend your content to all my friends and family.
Good strategies, although there are still some gray areas. I think for someone like me who still finds trading on his own difficult, a professional broker will come in handy. Not planning to lose thousands as I did last year trying to figure it out on my own
I totally agree with you. Made lots of mistakes that cost me thousands but luckily one day I saw on a business evening show this professional trader ‘Donald Ben Taylor‘ so I had to search him up to help me trade. I made my first million after few months of him handling my trades for me
At the moment, there is no clear way to get unbiased advice on stocks. It's your money. You deserve to know that it's being invested in the best way possible. Donald Ben Taylor can provide you with the best advice on where to invest your money. He has a deep understanding of global markets and how they impact individual stocks, so you can be sure that your money is safe with him.
What is the best way to profit from the current market, meanwhile I'm still undecided about investing $400k in my stock portfolio to get some dvidends and minimize risk
Remember that investing in the stock market carries risks, and it’s important to do your own research and consult with a financial advisor before making any investment decisions.
With the help of an investment advisor, I was able to diversify my $550K portfolio across multiple markets, and in just a few months, I was able to earn over $950K in net profit from high dividend yielding stocks, ETFs, and bonds
NICOLE DESIREE SIMON is the Consultant that oversees my portfolio. She's been able to gain some reputation and online recognition with over 3 decades in service, so it shouldn't be a hassle to find basic info.
I just looked her up on the internet and found her webpage with her credentials. I wrote her a outlining my financial objectives and planned a call with her.
Remember a Roth 401K is similar to the Roth IRA except the employer’s contributions is pre-tax but the Secure Act 2.0 allows employer’s contributions go to Roth as well.
Thanks for the explanation that’s easy to understand. You make it understandable. Now I can take my contribution and start investing rather then let it sit in a savings account not earning anything.
Excellent video! This may be a dumb question, but is taking money from my regular savings considered post tax money or do they take additional taxes out when I open a Roth IRA?
I’m so glad you have the knack and expertise to explain investments in “layman’s terms”. You say you’re not a financial advisor but I disagree. You’re MY advisor. 👏🏾
Joshua thank you so much for breaking things down for us. I had most of my Roth IRA in a cash position until I finished your video. Now my account is earning while i sleep!!!
Thank you for this. Just took my money from Vanguard 401K and opened a Fidelity Roth IRA. This video was the push I needed to open this account. Thanks again!
So basically the amount you put in your Roth-IRA whenever you decide to put in you can take out and use. But if you go over the amount you yourself put in no matter how many times you put in your own money. You will be taxed is that what your saying? Or if you put in money and soon as it start growing gains and interest. You get taxed when you withdraw or use the money?
My first video that I watched all the way through on the subject. I got to admit, great job!!! I'm going to open my 6-year-old daughter's account in the next 30 minutes.
This video was so clear and simple. Thank you! I’m a Mom of 6. Can you please make a video on the easiest way to jumpstart savings for their future? Ages 14,11,8,7,1,8 months. I have no idea where to start!
Glad i came across your video, new Subscriber. Very helpful and so much easier to understand than so call " financial advisors" they just want you to sign up and like they don't have time to explain... To this day i undrlerstood very little( until i watched your video) how Roth works which i have an account with them vis employer. I started $800 from rolled over. It grew quite a lot within the last 1 years. I was shock when i saw the number from the last quarter, i thought i was seeing things lol. This is only what i contribute not including employer contributions. Thank you!
Thank you so much for showing the step-by-step! It's scary when I have no ideas what am I doing! I probably sign up and don't know where to add the money to. Thanks
Great explanation 👏🏽👏🏽👏🏽 Mo time is wasted. Beginning to end everything you need to know about a Roth IRA. Perfection! Sending this to my 18 year old sis to get her started. Thank you so much for this digestible video on investing
Thanks !!!!!!!!!!!!!!!!! just started my account with Fidelity will take a couple of days for money to transfer will return to your site for more advice. All your help is very much appreciated and needed, turning 50 and looking for retirement soon. Stay save and know you are helping others . God Bless
Question, money has been moved from my acct to IRA. I understand nothing will happen until 4pm Monday. I already have a 401K acct with fidelity from my job , can i move money from that acct to IRA or is it only from personal acct, again THANKS !!!!!!!!!!!!!!!!!
Thank you so much!!! I will Do this also and I remember Warren Buffet said “…choose the index fund.” Now I know why it’s called index fund, 8:16 the stocks look like their in an index of a book.
I upgraded my audio equipment, but unfortunately, this video's audio had some issues. I tried my best to make it sound decent, but if I sound extra nasally, that's why!
You sounded very professional and great!! You are very knowledgeable and you are my favorite UA-camr I go to for financial advice!!
Bro they’re just being picky. Great video!
Sounds Great! First thing I noticed was how good and clear audio sounded . Great Info over all, definitely looking towards checking out some more content?
Sounds fine to me. Great job and info
What happens to our money in a bank if there's a financial crash?
I'm uncertain if my 401(k) and IRA will secure a stable future. I'm looking for an investment strategy that aligns with my risk tolerance and financial goals. I've set aside $1 million for this purpose. Would you recommend investing in stocks or purchasing rental property?
You're right, I used a financial advisor. Approaching retirement, I've benefited greatly from their supervision. Starting late, I knew index fund compound interest wouldn't be enough. It's funny how I've outperformed peers with more years of investing experience.
I totally agree. Based on personal experience working with a financįal manager, I currently have ($2million) in a well-diversified portfolio that has experienced exponential growth from when i started. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
Your manager must be really good. How I can get in touch? My retirement portfolio's decline is a concern, and I could use some guidance.
Her name is. 'Sharon Marissa Wolfe” Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
I've recently retired and am unsure if my 401(k) and IRA will provide a stable future. I've set aside $1 million and need an investment approach that aligns with my risk tolerance and financial goals. Should I invest in stocks or buy a rental property?
Look up dividend aristocrats. Pick six to ten from that list. Those companies have a track record of 25+ years of paying dividends. Also, its advisable you work with a financial advisor to help set up a well-structured portfolio.
I agree. Based on personal experience working with a financial advisor, I currently have $2 million in a well-diversified portfolio that has experienced exponential growth from when i started. It's not only about having money to invest, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
Your advisor must be really good. How I can get in touch? My retirement portfolio's decline is a concern, and I could use some guidance.
I work with Sharon Marissa Wolfe as my fiduciary advisor. Simply look up the name. You would discover the information you needed to schedule an appointment.
Sonya lee Mitchell is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I believe the retirement crisis will get even worse. Many struggle to save due to low wages, rising prices, and exorbitant rents. With homeownership becoming unattainable for middle-class Americans, they may not have a home to rely on for retirement either.
Got it! Buying stocks during a recession when prices are down could be a good move. You might get them at a lower price and sell later when they go up. Just do your homework and be aware of the risks before diving in!
@@WaynePhilip89 That's awesome! Investing in stocks with a reliable trading system can lead to great outcomes. It's fantastic that you've been working with a financial advisor for a year now. Starting with less than $200K and being just $19,000 away from making half a million in profit is impressive! Keep up the good work!
@@Richardnnabuikediyoke Mind if I ask you to recommend this particular coach you using their service?
@@JacquelineTheresa VICTORIA CARMEN SANTAELLA Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
@@Richardnnabuikediyoke She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.
With Roth IRA, the money you are contributing has already been taxed. At any time for any reason, you can withdraw your contributions tax-free and penalty-free. Additionally, any earnings on investments can also be withdrawn tax-free and penalty-free, Not sure how much to contribute, I'm still at a crossroads deciding if to liquidate my $338k stock portfolio.
For the average person, the strategies are fairly demanding. In actuality, most professionals who have the necessary abilities and knowledge to complete such occupations do so successfully.
That's awesome! Investing in stocks with a reliable trading system can lead to great outcomes. It's fantastic that you've been working with a financial advisor for a year now. Starting with less than $200K and being just $19,000 away from making half a million in profit is impressive! Keep up the good work!
Mind if I ask you to recommend this particular coach you using their service?
Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.
I am 53 years old and consider myself to be a high earner. My job provides me the option to contribute the employer contributions to my Roth 401k. Should I do that or should I continue to direct that to my Traditional 401k ahead of retirement?
As a high income earner can you easily afford to contribute max of $22,500 to your traditional 401(k) and towards retirement? What is your Federal Tax Bracket and percentage of company match? I f you don't know all this then its best you consult with an advisor.
Typically you would do your employer match first, then max out your Roth then any excess goes into extra 401k
Thanks for replying, You seem to know much, How did you go about it and can you recommend an advisor like yours?
Myself and a few other employees work with Sharon Ann Meny . She helps me max out on the Roth 401k in the month of November each year. My company matches 6% and I think my tax bracket is 22%.
I just googled her now and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.
I grew up with parents who are not financially literate and for the majority of my upbringing we lived paycheck to paycheck. I don't blame them for this, but I'm glad they have given me this opportunity to discover the world of finance on my own. I'm only 17 and I still have so much to learn about money and finance in general, but UA-camrs like you have been helping immensely. For some reason I feel behind, but in reality I'm probably not. Thank you so much, sir. I greatly appreciate your content.
That’s a good thing you don’t blame them. Especially at 17. Kudos to you breaking generations of financially illiteracy.
You are actually ahead. Dont jump into investing feet first. Always read and read and read some more.
Investing is a marathon, not a.sprint
You could be 31 with kids learning this you are actually WAY ahead
Guess what yr not grown. Quit bashing yr poor parents.
Please, save your money, be frugal but reward yourself sometimes with things you love and without going overboard, join and contribute to a 401K program, as soon as you start working. AND get a prenup, when the time comes. Don't take this the wrong way, these are the things I wished someone thought me when I was your age.
I just switched up my Roth IRA to 50% SCHD, 25% SCHX, 25% SCHG, and my Roth 401k is 70% vanguard S&P 500 index, 20% vanguard growth index, and 10% vanguard international index. Seeking best possible ways to grow $350k into $1m+ before retirement in 3 years.
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
It's true that many people underestimate the importance of advisers until their own feelings burn them out. A few summers ago, following an ongoing divorce, I needed a significant push to keep my company afloat. I looked for licensed advisors and found someone with outstanding qualifications. She has contributed to my reserve increasing from $275k to $850k regardless of inflation.
This aligns perfectly with my desire to organize my finances prior to retirement. Could you provide me with access to your advisor?
Her name is ‘Sharon Marissa Wolfe’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thank you for this amazing tip. I just looked up sharon, wrote her explaining my financial market goals and scheduled a call
Engaging with books has significantly elevated my perspective on investing. True wealth isn't built through mere savings; financial freedom stems from strategic investments. I've learned that accumulating wealth hinges on making prudent investment decisions
Embarking on the investment journey at 40, I envision a triumphant testimony of significant success by the age of 55.
Choose a reputable financial adviser like *Jenny Pamogas Canaya* for insurance, regardless of the firm. With her dedicated career in financial planning, you'll receive guidance for growth, better navigation, and secure task completion-|
Discovering your familiarity with her was a delightful surprise. Over the last few months, I've had the privilege of closely collaborating with Jenny Pamogas Canaya. She has not only facilitated significant profits but also served as an exceptional mentor and trader. Her remarkable skill in navigating diverse market situations leaves me thoroughly satisfied with our partnership!
What books do you recommend
I’d be retiring or working less in 5 years, and considering this financial recession, I’m curious to know best how people split their pay, how much of it goes into savings, spendings or investments, I earn around $250K per year but nothing to show for it yet.
Do you have a 401k? you should contribute to your retirement diligently, or better still look into financial planning
Very true, I find myself lucky enough exposed to money management at an early age. Worked full time when I was 19, purchased first home at 28, fast forward time... I'm 50 now, got laid off March 2020 amidst lockdown, a blessing in disguise. At once, I consulted an advisor to stay afloat and with subsequent investments, I'm only 15% short of $1m as of today.
@@ClaudiaRom this is huge! would love to grow my reserve regardless of the economy situation, my 401k has lost everything accrued since early 2019, at this point, i'm in need of guidance, can you point me?
@@Javier_Rodri I’ve shuffled through a few experts in the past, but settled with ‘LOREN LENA WALKER’. The strategy they use is recession-proof, more specifically profit-oriented, and most likely, you'd find her basic info on the net, she's a renowned advisor.
@@ClaudiaRom thanks for info! curiously copied and pasted her full name on my browser, spotted her page easily, she actually looks very distinguished
Because ROTH IRAs are tax-free, you'll be able to keep more of the money you've worked so hard to earn.I want to invest more than $300k, but I'm not sure how to go.
Holding fixed-income assets in tax-deferred retirement funds as opposed to taxable accounts has additional advantages. If you don't know how to invest in the market, get some advice from a financial counselor.
Having an investment adviser is the best way to go about the stock market right now, especially for near retirees, I've been in touch with a coach for awhile now mostly and I made over $300K within a short time
@@hasede-lg9hj How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings
How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings
@@lowcostfresh2266 My consultant is Vivian Carol Gioia. She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision. I basically follow her trade pattern and haven’t regretted doing so
THANK YOU. I searched and listened to so many others on UA-cam and was still left confused. You are extremely clear, straight to the point, and clarified EVERYTHING by showing real examples. You're amazing. THANK YOU.
Glad to help!
So after he bought it with $1,000, do you watch it grow or can you add any amount?
@@angelsarah79 4:00 There's a maximum contribution amount per year. It's $7000 in 2024, plus an extra $1000 if you're age 50+. It increases every year to account for inflation. Importantly, it applies to all Roth and traditional IRA's you have collectively.
Thank you Joshua, I just set my Roth IRA with Fidelity for $1,000. I appreciate your explanations and advice on helping people get started. I'm a new subscriber and will always look at your videos for insight!
Fantastic! Glad I could help!
Very detailed explanation.
Hi, would you mind sharing how much gained from your $1000 investment after 8 months? Just curious to know if I should invest as well, thanks.
@@mashr4733 yeah i wanna know too @badasstweetyb
Would love to know how your investment has been since 1yr ago. Have just come across this video and looking at investing myself. Thanks
Great video. We all strive for financial independence and better life. It’s not difficult in achieving this through the right investment, living frugally, and budgeting. I’m glad I learned early in life to work hard for financial freedom
In my opinion, venturing into a good investment is not just a strategy for generating passive income but a profitable saving method for future expenses. Those who fail to make the right decisions early in life end up regretting it. Nevertheless, investing can be difficult and risky doing it solely, For this reason, I advise seeking help from professionals(financial advisors). It’s not just watching videos and reading investment books the challenge is using them well.
sincerely, I’m truly inspired by your words. I’m very interested in investing and I have got a good sum of money which I’m ready to put in with the right information. My biggest fear is losing my money on the wrong investment. For this reason, I’m willing to listen to your suggestions and ideas on how to invest wisely.
As an OAP with a lot of experience, I firmly believe that the success of any investment depends on having the right information, regardless of what others say, do whatever you set your mind to. Warren Buffer always says "be greedy when others are fearful and be fearful when others are greedy". This is certainly the trick to succeeding even when others fail. I made six figures working with *PRISCILLA DIANE AIVAZIAN* a licensed financial adviser . It’s been a promising experience so far with her.
Please, how do I connect with your financial planner?
quickly do a web check where you can connect with her, and do your research with her full name mentioned
I never make comments but you are so good for beginners.I learned a ton from you
If your situation allows it, max out your Roth and 401(k). As a suggestion: put the Roth into a mutual index fund that tracks the S&P 500. Rinse and repeat for 40 years.
☝️☝️Write directly for more profitable info and insight
I had to get an expert fiduciary, Sir Eric Arlo to manage my Stocks portfolio as I have no skills for that, my portfolio has been growing at 7% daily and this is the sixth month for me
Hi, what if I will like to give it a try with your pro too, since you are familiar with his abilities maybe you can connect me
Made my first £200 k from buying startup company’s Stocks over a year, I was able to generate good ROi monthly after tax, and ever since it’s been a great source of income for short and long term
Can a beginner also get on this? I am very curious
Thank u so much I am 12 and already stressing about my future and what to do in Roth ira.this video helps a lot
Becoming a millionaire through a Roth IRA or a 401(k) involves different strategies for maximizing profits. A Roth IRA offers tax-free withdrawals in retirement, which can be advantageous if you expect to be in a higher tax bracket later in life. On the other hand, a 401(k) provides tax-deferred growth and potential employer contributions, boosting your savings. The optimal choice depends on factors like your current and future tax situation, employer match, and investment options. Consulting a financial advisor can help tailor a strategy that aligns with your financial goals and circumstances.
Prioritizing effective personal finance management holds greater significance than the sheer amount saved, irrespective of income source. Consulting a certified financial advisor can offer tailored strategies to optimize financial results by reducing expenses and enhancing income, regardless of whether it's earned through employment or investments.
I wholeheartedly concur. At 60 years old and newly retired, my external retirement funds total around One million two hundred fifty thousand dollars.. With no debt and minimal retirement fund allocation relative to my portfolio's value over the last three years, I recognize the importance of a financial advisor. Neglecting them isn't an option; however, thorough research is vital to find a trustworthy fiduciary advisor.
*@shirleygarland4766* This aligns perfectly with my desire to organize my finances prior to retirement. Could you provide me with access to your advisor?
I'm guided by "Camille Alicia Garcia" an experienced coach with extensive financial market knowledge. While you can consider other options, her strategy has yielded positive results for me. She offers valuable insights, including entry and exit points for the securities I concentrate on.
Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call. Her expertise is impressive, and I'm eagerly anticipating our conversation.
My advice is always to keep the majority in ETFs that cover multiple sectors. Then have a couple stocks, as a small percentage, picked out that you feel personally attached to or interested in. That way you can mitigate a lot of the risk but also have a personal touch to your portfolio. I feel this mitigates some of the emotional downsides or disinterest people have with investing. Also helps with the urge to constantly buy/sell with fluxes in the market. Grateful i have an adviser at this point. major Thanks to James Fletcher Brennan
any recommendations ?
i'm happy there are lots of people doing so well...Love this channel for the transparency
So Do you recommend to don’t invest on index founds?
@@jaslineb2799 i recommend to invest in etfs
@@jaslineb2799 but use an advisor like i did to be safe
ahhh this channel is going to help me out so much!! I just turned 25 which I know is still young however I feel like if I start this now vs 35 I know those 10 years can make a big difference. I do get overwhelmed by this stuff and the way you’re explaining everything is simple and easy for me to understand and doesn’t overwhelm and stress me out. thank you!!
Hit me up 🖕🏿🖕🏿🖕🏿🖕🏿,,,..
I’m glad I found somebody who actually explains steps by steps without using complex words
U earned a sub from me keep it up
Same bro...he made it simple
Exactly all the complicated jargon makes no sense at all. Keep it simple is how I like it.
💯 %
Man you do a great job at explaining investing topics in simple and easy to understand way. I would have to agree that Fidelity and Vanguard are the best in the game right now.
Love it!
This is the video I've been waiting on! I just don't know where to start investing, until now! This seems to really help! Thank you
I'm happy to hear that Quillen! 🙌
Great stocks and I just bought in on them, but I'm interested in making short term profit, let say turn a $150K to $500k in 6months, I'd appreciate tips on how what stocks to buy to make this much profit.
@Johannes Buchanan That sounds great and how do i connect with her ?
@Johannes Buchanan Okay i just found her website and left a message for her. thanks.
@@bartoszdobroslaw9774 it’s a scam stop
This was E-X-A-C-T-L-Y what I needed... thank you! Excellent!!!
EVERYONE under 30 should be doing this right NOW. If you aren't under 30, it isn't too late. I had to 'start over' when I was 38 and my net worth is now.... a lot. Start building good investment investment habits today, then you'll have WAY less stress down the road. BTW, to fully fund a Roth IRA for the year, ($6K) it will only cost you $115.38 per week. I can make that much in one day driving Uber, easy.
I’m 29, am I too late.
@@zmarcusberry No, I had to 'start over at age 38 and I'm doing fine. I'll still be a millionaire when I'm 62, you can do it easily and make more.
@@SteelDoesMyWill do I need great credit to open one? Can I put more than 6k a year?
THANK YOU!! I WENT STEP-BY-STEP AND USED THE EXACT AMOUNT OF $1000 TO INVEST IN THE FSKAX MUTUAL FUND!!! GREAT TUTORIAL!!
seriously dude, thank you. this kind of information can change lives
I don’t know how the hell you popped up in my recommendations but Ok you really explained a lot in a little time and helped me invest some money rather than spend it on dumb materialistic shit thanks you have a new subscriber
Hit me up 🖕🏿🖕🏿🖕🏿🖕🏿🖕🏿🖕🏿
Young people, open your ROTH asap! Time is on your side. I am 52 finally getting around to this (I have a pension but it’s not gonna be enough). This was a good, clear explanation of the process 👏🏽👏🏽👏🏽
I don't know how my parents are doing it but they only receive ssi as they either didn't know about investing or just to poor to do so. May I ask if your house is paid off?
I knew most of this, but this was a very very very helpful video! Other creators should take note. Step by step is key to teaching some people.
Kate Kayden says Hello. My guy and I are 46 and 52 we both have a 401k or 403b we are starting to invest together so we opened a Fidelity Account and will begin investing in Mutual Funds, EFTS, REITs and the like. Look forward to watching more of your videos and learning.
At my last job before I retired they added a Roth to the 401K so you could do both post tax and pre tax contributions. My personal suggestion is to take a 33/66% approach meaning for every 1% you put in a Roth you put 2% in a Traditional IRA or 401K. If you max out the Roth convert the remainder into a Traditional or 401K if possible. For investment and tax reasons you will never regret this approach.
Thanks 🙏🏽
Thank bro got it all set up $300 monthly at 18👍
Hey it's been almost a year and wanted to know how much your portfolio has grown!
Literally nothing, ended up becoming homeless and had to pull it out to keep paying bills.
Choosing a Roth IRA is advantageous as it uses after-tax funds and allows tax-free growth. When I retired, I had $3M million saved, and I won't be taxed on my withdrawals.
Thank you for breaking this down in such a simple way !! Very helpful!
I have a Fidelity Roth IRA account for the past few years now 💰💰
Let’s try something new over there to help grow your FINANCE……
Get in touch…….❤
@@joshuamayo169Gmail.. ok how ?
maybe i need to watch more videos but what i understood was - for an IRA go with Index, otherwise ETFs. So i should be able to use dividend ETFs for my IRA , but i wouldn't have access to the dividend without penalties. So my two choices would be: an IRA with growth or an ETF dividends with costs.
This is God's work. Thank you. I needed this step by step and simple breakdown so bad.
I'm glad I could help!
Thank you bro you made it very simple and straight forward I’m about to turn 19 in 2 months gonna start mine
MISSING ADVICE: to select the broker and the fund that has a minimum Expense Ratio! Also, Roth IRA option with a good index fund and low expense ratio may already exist in your 401k, so you may not need a new broker.
can you elaborate on that?
@@decibella12 , an expense ratio (ER) describes management fees for owning a fund. For example, if management takes $30 per year for every $10K that you invest within fund, the expense ratio is 0.3%. This fee eats into your investment, so you should compare fees before investing. Anything under 0.1% is good, and Fidelity advertise even 0% ER index funds. I assume they are managed automatically without human involvement, so no service fees.
Your 401k may allow you to invest in ROTH as well, so no separate IRA is needed. But again check ERs of all your investments to minimise service fees. In the distant future you will roll over your 401k to IRA before hitting age of 72.5 anyway since required minimum distributions do not touch Roth in your IRA, but do require from your Roth in 401k.
@@decibella12 If I'm understanding what they're saying correctly, in other words choose a broker/fund that you pay less money to annually. I believe FSKAX is 0.015% so for every $10,000 you invest, you'll pay $1.50 annually compared to Vanguard's equivalent which is 0.04% or $4 per year with that same amount.
This was VERY helpful information Joshua! Please continue to educate us on more ways for financial freedom!
added this to my notes thank you
Let’s try something new over there to help grow your FINANCE……
Get in touch……❤
Thank you for Speaking simple English to help those of us who are beginners!:) I appreciate you✊🏽
☝️☝️Write directly for more profitable info and insight.
Thx again bro .. your saving my money from inflation. Your break down are simple enough that a child would understand. 💪🏾💪🏾
I just wanted to take a moment to congratulate you on your amazing UA-cam channel! Your videos are truly inspiring and entertaining. You bring so much value to your viewers, and you do it with so much passion and dedication. Keep dazzling us with your exceptional content!
In order to invest in Vanguard you need, a minimum amount of $3,000.
Wow I just opened a Roth IRA a couple days ago on fidelity and I contributed 1k but this video would have been nice when I was looking up tutorials lol, great vid ! And I also purchased the fskax fund too so great know that I’m the right track ! :)
If you can afford to do so contribute $6,000 to your *2021* Roth IRA.
Make sure you invested into lowest expense ratio fund.
@@alrocky at one time or threw out the year?
@@potterylady44 If referring to your *2021* Roth IRA, you have until tax day (typically April 15) 2022 to contribute $6,000, so just over a 30 days. You should do that before starting your 2022 Roth IRA. If you can afford to contribute $6,000 to your 2022 Roth IRA all at one time or if not throughout the year. If you have a job that offers 401(k) with a company match you should contribute at least enough to get that match.
HANDS DOWN THE BEST VIDEOS I HAVE WATCHED ON UA-cam. I wanted to invest in stocks and a ROTH IRA for years and I never knew how to make that leap without spending money on a broker or trades. You explained it and keep explaining great things. I recommend your content to all my friends and family.
Excellent information. Cleared my questions completely. Nice Job!
Tysm for this. As a 1st gen immigrant graduate, i found this extremely useful and setting myself up to be financially stable !
Boy! It's hard...I'm so lost lol, best of luck sister
Good strategies, although there are still some gray areas. I think for someone like me who still finds trading on his own difficult, a professional broker will come in handy. Not planning to lose thousands as I did last year trying to figure it out on my own
I totally agree with you. Made lots of mistakes that cost me thousands but luckily one day I saw on a business evening show this professional trader ‘Donald Ben Taylor‘ so I had to search him up to help me trade. I made my first million after few months of him handling my trades for me
At the moment, there is no clear way to get unbiased advice on stocks. It's your money. You deserve to know that it's being invested in the best way possible. Donald Ben Taylor can provide you with the best advice on where to invest your money. He has a deep understanding of global markets and how they impact individual stocks, so you can be sure that your money is safe with him.
What is the best way to profit from the current market, meanwhile I'm still undecided about investing $400k in my stock portfolio to get some dvidends and minimize risk
Remember that investing in the stock market carries risks, and it’s important to do your own research and consult with a financial advisor before making any investment decisions.
With the help of an investment advisor, I was able to diversify my $550K portfolio across multiple markets, and in just a few months, I was able to earn over $950K in net profit from high dividend yielding stocks, ETFs, and bonds
Pls who is this coach that guides you? I’m in dire need of one
NICOLE DESIREE SIMON is the Consultant that oversees my portfolio. She's been able to gain some reputation and online recognition with over 3 decades in service, so it shouldn't be a hassle to find basic info.
I just looked her up on the internet and found her webpage with her credentials. I wrote her a outlining my financial objectives and planned a call with her.
Won’t He do it!!!!🙌🏾🙌🏾🙌🏾🙌🏾
Joshua you just earned another subscriber.
Thank you so much. I appreciate your help.
Thanks for the sub!
Thank You , this helped a lot :)
Remember a Roth 401K is similar to the Roth IRA except the employer’s contributions is pre-tax but the Secure Act 2.0 allows employer’s contributions go to Roth as well.
Thanks for the explanation that’s easy to understand. You make it understandable. Now I can take my contribution and start investing rather then let it sit in a savings account not earning anything.
Excellent video! This may be a dumb question, but is taking money from my regular savings considered post tax money or do they take additional taxes out when I open a Roth IRA?
Everything i wanted, perfectly put together video brother
Thia is sooo clear to understand
Thank you so much!
I’m so glad you have the knack and expertise to explain investments in “layman’s terms”. You say you’re not a financial advisor but I disagree. You’re MY advisor. 👏🏾
Hit me up 🖕🏿🖕🏿🖕🏿🖕🏿🖕🏿
Joshua thank you so much for breaking things down for us. I had most of my Roth IRA in a cash position until I finished your video. Now my account is earning while i sleep!!!
Are you with fidelity?
Wow you are amazing how did you explain everything perfect. Thank you
the way this video was easy to follow and understand 👏🏼👏🏼👏🏼 thank you so much, this video truly helped me so much!
Thank you for this. Just took my money from Vanguard 401K and opened a Fidelity Roth IRA. This video was the push I needed to open this account. Thanks again!
Does Vanguard not have option for IRA?
@@ikeugbor9205 they do. I don't understand why they would do this
So basically the amount you put in your Roth-IRA whenever you decide to put in you can take out and use. But if you go over the amount you yourself put in no matter how many times you put in your own money. You will be taxed is that what your saying?
Or if you put in money and soon as it start growing gains and interest. You get taxed when you withdraw or use the money?
I really appreciate how simple and easy you make investing. Thank you.
My first video that I watched all the way through on the subject. I got to admit, great job!!! I'm going to open my 6-year-old daughter's account in the next 30 minutes.
?
Well said many people never heard of a Roth IRA and I'm like are you kidding me or they just put money and not invest it into a fund
This video was so clear and simple. Thank you! I’m a Mom of 6. Can you please make a video on the easiest way to jumpstart savings for their future? Ages 14,11,8,7,1,8 months. I have no idea where to start!
Hit me up 🖕🏿🖕🏿🖕🏿🖕🏿🖕🏿🖕🏿
Open a 529 account for the oldest one and regularly put in money.
Glad i came across your video, new Subscriber. Very helpful and so much easier to understand than so call " financial advisors" they just want you to sign up and like they don't have time to explain... To this day i undrlerstood very little( until i watched your video) how Roth works which i have an account with them vis employer. I started $800 from rolled over. It grew quite a lot within the last 1 years. I was shock when i saw the number from the last quarter, i thought i was seeing things lol. This is only what i contribute not including employer contributions. Thank you!
Thank you so much for showing the step-by-step! It's scary when I have no ideas what am I doing! I probably sign up and don't know where to add the money to. Thanks
Finally, someone actually explained it in an understandable way!
Great video .. one quick question.. should we reinvest the profits back into Roth IRA or not just keep the gains as it is ?? Thanks
Great explanation 👏🏽👏🏽👏🏽 Mo time is wasted. Beginning to end everything you need to know about a Roth IRA. Perfection! Sending this to my 18 year old sis to get her started. Thank you so much for this digestible video on investing
Thank you so much for explaining this so I can actually understand. I’ve been wanting to invest but didn’t know where to start. 😃
That's great, glad you found it helpful!
Great advice , I'll make sure to share it with my kids . Maybe they'll listen to you , because they don't listen to me lol.
Thanks !!!!!!!!!!!!!!!!! just started my account with Fidelity will take a couple of days for money to transfer will return to your site for more advice. All your help is very much appreciated and needed, turning 50 and looking for retirement soon. Stay save and know you are helping others . God Bless
So glad I can help Chris!
Question, money has been moved from my acct to IRA. I understand nothing will happen until 4pm Monday. I already have a 401K acct with fidelity from my job , can i move money from that acct to IRA or is it only from personal acct, again THANKS !!!!!!!!!!!!!!!!!
Precciate you bro I opened a roth ira account several months ago i just been contributing to it and havent invested, you have helped me with that 💪🏽🔥
Ill be in my 50s and I havent trust not even banks for my hard earned money. This seems secured.
Thank you VERY WELL EXPLAINED❤
No answer🤔 so that investmentbwill be lost🤔🤔
How would Roth IRAs compare with using apps such as webull,acorns, etc? Or should you do both?
Thank you !!!!! You speak so clearly which is so uncommon when explaining these types of things. Loving your content!
I been looking for you. Thank you thank you 🙏🏼 you are a blessing. Seriously thanks for being so detailed.
You can't teach what you're not fully conscious of, or what no one taught you. He passed no blame, but is on the right track.
Excellent material sir! Thank you for educating evertyone. This is very much needed.
ETF = Mutual fund that trades like a stock.
Why the f!!! didn’t I do this 10 years ago?!
Fabulous information! I’m going to pass along to my college kids since you explain it so much better.
Great video! When you transfer funds from your checking account to a Roth IRA , do you pay taxes on that money?
First-person I have seen actually show the steps on a brokerage website!!!
That was super helpful for me, thank you
Thank you! Jordan you have the best channel out know else shows how to or give detailed information you rock.
New sub here. This was MOST HELPFUL & INTERESTING INFO!! Excited about this channel & all there is to learn!! 💲
Hit me up 🖕🏿🖕🏿🖕🏿🖕🏿🖕🏿🖕🏿,,.
Love the way you explain each and every video. The insight and details you provide us with. Thank you JOSHUAAA
Thank You Joshua. You're a gem. Everything you explain is sooo clear and understandable. Love your content
I subscribe just because you went on and showed us all how to start a ROTH. Thank you
THANK YOU FOR THIS VIDEO!!!
Awesome video man!! I would love a video on your portfolio and how to diversify your portfolio the correct way.
I decided that S&P 500 with the lowest expense ratio IS the diversification.
Thank you so much!!! I will
Do this also and I remember Warren Buffet said “…choose the index fund.” Now I know why it’s called index fund, 8:16 the stocks look like their in an index of a book.
U made this make sooo much more sense and listed many options… cheers