Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks.
@@YinusaSaheed Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. *MARGARET MOLLI ALVEY* ..
So, if I open an IRA or single 401K and still have to pay self employment tax including that amount - why the contributions called Pre-Tax? Should not that move lower my business tax’s?
You know how UA-camrs are trying to get into the boxing ring? I think we should have the Dave Ramsey types vs. Anti Dave Ramsey's types UA-camrs in a ring punching it out.
If I am self employed in a partnership and already have a 401k that my employees participate and I contribute to can I still have a solo 401k tied to a different opportunity?
I put money into a ROTH funded by my employer. It wasn't deductible due to my income . Do I only backdoor when I've put the $6500 into that ROTH? Also does the income limit apply to total income with a business? I have both a 9 to 5 W2 job and an LLC. Can I contribute to my SEP via my business and my IRAs through work? Or is it all just assigned to me and my social security number?
If I am self employed in a partnership and already have a 401k that my employees participate and I contribute to can I still have a solo 401k tied to a different opportunity?
I don’t appreciate this guy taking about retirement plan for young people only what about the ones that have to play catch up ? The older people who don’t have much in their retro plans ?
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks.
@@YinusaSaheed Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. *MARGARET MOLLI ALVEY* ..
@@BinuDauti Oh please I’d love that. Thanks!
*MARGARET MOLLI ALVEY*
Lookup with her name on the webpage.
So, if I open an IRA or single 401K and still have to pay self employment tax including that amount - why the contributions called Pre-Tax? Should not that move lower my business tax’s?
You know how UA-camrs are trying to get into the boxing ring? I think we should have the Dave Ramsey types vs. Anti Dave Ramsey's types UA-camrs in a ring punching it out.
😂😂😂
If I am self employed in a partnership and already have a 401k that my employees participate and I contribute to can I still have a solo 401k tied to a different opportunity?
Hi im trying to join the discord to view the pdf but it says link invalid. Any idea on how i might be able to obtain the PDF? Thanks!
I just checked and it should be working. Which one are you looking for the retirement plan limits?
If your here for the Roth 401k, it doesn’t start til 26 minutes in. I wish there was a video on how to and where to open one up
Check solo 401k videos on the channel. It’s tricky to DIY it.
I should add chapters to this video
Get the PDF on our discord server here... Join Link discord.gg/enuJThjHJ9
I put money into a ROTH funded by my employer. It wasn't deductible due to my income . Do I only backdoor when I've put the $6500 into that ROTH?
Also does the income limit apply to total income with a business? I have both a 9 to 5 W2 job and an LLC. Can I contribute to my SEP via my business and my IRAs through work? Or is it all just assigned to me and my social security number?
workplace plans through work. Roth IRA, from your bank account and a self employed plan with your LLC.
If I am self employed in a partnership and already have a 401k that my employees participate and I contribute to can I still have a solo 401k tied to a different opportunity?
Yes, but it doesn’t change the limits.
Listened to a video from a year ago.......Nice mic lol
Thanks! Got a little help from some UA-cam audio engineers.
I don’t appreciate this guy taking about retirement plan for young people only what about the ones that have to play catch up ? The older people who don’t have much in their retro plans ?