Revealing My Roth IRA Portfolio + How To Pick Investments for YOUR Roth IRA (2022)
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- Опубліковано 28 чер 2024
- I reveal my entire Roth IRA portfolio and the passive investing strategy approach I use which includes ETFs. I also explain what is a Roth IRA and give you some beginner tips on how to choose what's in yours.
A Roth IRA is a tax free savings account (if you're not in the US - you can look up similar ones). Enjoy!
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1. What is a Roth IRA
The Roth IRA is an individual retirement account that anyone can start provided they have something called EARNED income. This means that you need to make wages/salaries/tips, so basically you need to have a pay stub or W2 or 1099 income.
You can open a Roth IRA at almost any brokerage firm, and the main advantage of having a Roth IRA is that your earnings and profits are growing tax free. That means when you retire, and you withdraw all the earnings on this account, you won't pay ANY taxes on it.
That's the biggest benefit of this account, so since all our earnings grow tax free - there are going to be some investing strategies that we can employ within the Roth IRA to really take advantage of this fact.
2. What's in MY Roth IRA?
My Roth IRA has around 29k invested and holds the following:
VTI, which is a Total Stock Market ETF - $13k
VEU - gives you broad access to international markets that are developing and emerging - about $8.8k
BNDW - 4k world bond ETF, this gives me access to bonds in the world
VOO - $3.3k S&P 500 ETF.
Now initially when I started my Roth IRA, I chose these three funds only, and the split at the time was 40% VTI, 40% VEU, and 20% BND.
Now at the time, the reasoning was pretty simple, I was in my late 20s, I wanted to have exposure to the US and International stock markets, which are riskier than bonds, but I didnt want to be 100% in equities - and I wanted a passive investment that I did not have to actively manage, hence why I chose ETFs.
Based on my risk tolerance at the time - which was moderate/moderately aggressive for the next 30+ years, I chose an 80/20 split of equities to bonds, and I wanted my equities to be hedged across US and emerging world, just in case something happened with the US market, I still had the international ones to bolster me up. This was diversifying not only with the ETFs, but with the international markets as well.
3. How should you pick investments for YOUR Roth IRA?
1. Assess your risk tolerance (conservative, aggressive, etc)
2. Identify the type of investor you are (passive vs active)
3. Pick investments that are beneficial for your Roth.
You can invest in:
ETFs like I do - these are great, passively managed, they also will pay dividends and those dividends won't be taxed in the tax sheltered Roth.
Individual Stocks - these are also great to hold in a Roth IRA since earnings are tax free, over a long term time horizon that could be amazing.
Bonds - since you cant reinvest interest payments from Bonds, having bonds in your roth IRA could be a good investment since the Roth IRA will protect you against taxes of those payments.
Real Estate Investment Trusts - Reits are especially good because they're required to pay 90% of their income as dividends to their shareholders, which are typically taxed in a normal account, but in a Roth the dividends will be tax sheltered so you get a ton of value.
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Timestamps:
0:00 - Start Here
1:28 - What is a Roth IRA?
4:03 - What's in MY Roth IRA?
6:12 - Investing for YOUR Roth IRA
I subscribed within the first minute. Love your transparency and clear iteration of what your going to talk about.
LOVE THIS COMMENT :) Thank you Tyler!
@@humphrey k
Same!
@@humphrey😊
The concept of mini-retirement changed my life. I'm no longer waiting for some retirement paradise when I'm 65. It helps to know how to fund the lifestyle. You know, making money while you sip that piña colada by the beach does help. I wouldn't have been able to do it otherwise.
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!
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.
While your 401k and IRA account would likely continue to grow even after you stop contributing to it, that growth might be limited by the Market, your personal plans and also other factors. For this I see need for annuities. I still will like to know how to compound $2m and above in retirement without holding cash.
Bond and other fixed income asset if properly managed could produce the yield needed to provide solid income for retirement. The importance of a continuous wealth accumulation and ensuring financial stability is why boomers turn to advisors in retirement planning.
Bond and other fixed income asset if properly managed could produce the yield needed to provide solid income for retirement. The importance of a continuous wealth accumulation and ensuring financial stability is why boomers turn to advisors in retirement planning.
It is important to consider a financial planner early, before the last year of retirement. I am currently working with a financial planner called Jason Herman Pierce. I really appreciate his cutting edge financial strategies. It really works for me. His vast knowledge of international market and tax implications allow us to moderately diversify my investment portfolios, minimize tax liabilities and access new markets with potential high returns. And I am two year from retirement and my financial goals is secured.
Please how can I get in touch with the advisor guiding you. I am close to retiring and I didn't make proper planning and investment for retirement. Thinking about now scares me. I have to start somewhere. It is better late than never.
His name is Jason Herman Pierce. You can google him via your search engin to get information about him. I am sure you will be fine.
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.
That’s crazy, I’m just doing everything wrong with my portfolio.
I believe that there are techniques that may be implemented for consistent gains regardless of the state of the economy or the market, but these executions are often made by investing professionals or advisors with expertise after the 2008 crash.
Same here, 75% of my portfolio is in the red and I really don’t know how long I can stomach the losses. I’m beginning to reach a breaking point.
wow ,that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio
The adviser I'm in touch with is *Jude Ryan Mcdonough* He works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else, for me his strategy works hence my result. He provides entry and exit point for the securities I focus on.
Investing in Roth IRA can be a good choice since they are funded with after tax dollars, so your contributions can grow tax-free over time. When you withdraw money from your Roth IRA in retirement, you won’t have to pay tax on it, which will help you keep more of your hard-earned money. I retired with 2 million dollars
I bet you didn't do that without a financial advisor. I’m also closing in on retirement, and I have benefitted much from using a financial advisor. I didn’t really start early, so I knew the compound interest of index fund investing would not work for me. Funny how I pulled in more profit than some of my peers who have been investing for many years.
Haha. I definitely didn't pull that in myself. I knew next to nothing in finance. A good financial advisor really does make a lot of difference.
@@victorlaranjahal I'm doubly impressed by this. Could you refer me to who you work with, please?
I have worked with a couple of financial advisors over the past few years. First started out with a guy that worked for Bridgewaters. Same wall street rippers. I then switched to an independent advisor, *Sharon Louise Count* and, I won't even deny it, she's been really extraordinary.
@@victorlaranjahal Thanks a lot for this. I just checked her out now and I sent her an email. I hope she gets back to me soon.
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.
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 $800K within a short time
That's impressive! I could really use the expertise of this advsors.
My advisor's name is KAITLIN ROSE STERNBERG, and she has years of experience in the financial market. You can simply search her name on the web
Found her online page by searching her full name, I wrote her an email and scheduled a call, hopefully she responds.
I thought you are penalized if you withdraw earnings before 59.5? You can withdraw your investments without problem, but any earnings will have to be after turning 59.5.
Everyone has been preaching "buy now, stocks are at a discount" but I've been buying stocks at a discount since the beginning of the year and yet the cycle continues with more losses, I know the idea is to hold long term but God I could really give anything to see some growth happen to my portfolio.
@Flora Quntinilla
@US ARMY Autumn Lynzi Smith is the analyst/investment-adviser. She has been of great help and her tutelage has brought me to a higher understanding of profit generation. You can look up her name on the net for her page and reach out. Understands the job perfectly
Well we are in an unexpected recession. Those lasts for a little over a year usually. Depressions lasts for a few years. Hold and keep putting in. The bottom will reveal itself and a boom will happen after. Bull markets make you money. Bear markets make you rich
Bots messaging each other, if you want to start up for real, then *Christy Vallen D'souza* is one of the best financial advisor and investments portfolio manager I know, plus you can withdraw from your portfolio at will. This is because I have tested her services firsthand. She has never failed. I recommend her to every beginner. She can be trusted. Just search her complete name on the web and yo will find her website.
Putting well-earned money into the stock market can be over emphasized for first-time investors, unlike a bank where interest is sure thing! Well, basically times are uncertain, the market is out of control, and banks are gradually failing. I am working on a ballpark estimate of $5M for retirement, and I have a good 6-figure loaded up for this, could there be any opportunity for a boomer like me? I'm nearly 60.
Nobody knows anything you need to create your own process, manage risk and stick to the plan, through thick or thin while also continuously learning from mistakes and improving.
I completely agree; I am 60 years old, recently retired, and have approximately $1,250,000 in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, the Fin-advisor can only be neglected, not rejected. Just do your due diligence to identify a fiduciary one.
my 401k has particularly lost everything gained since 2019, who is your coach if this is not too much i'm asking?Been doin sum research lately.
My advisor is Helene Claire Johnson , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
she actually appears to be well-read and educated. I just did a Google search for her name and found her webpage, I appreciate you sharing
Investors sent stocks soaring on Tuesday, cheering the October Consumer Price Index report that showed inflation slowed more than expected last month.What is the greatest strategy to take advantage of the current bull market while I'm still deciding whether to sell my $300k worth of stocks?
It's more challenging to create a strong financial portfolio, so I advise you to get help from a professional. You can then receive strategies that are specifically suited to your long-term objectives and financial aspirations.
Quite true! You don't necessarily need to be a flawless investor; all you need to do is seek advice from an expert. I began investing in 2020 and pulled a profit of roughly $900k that same year despite having no prior investment knowledge.
Due to the significant falls, I need advice on how to rebuild my portfolio and develop more successful tactics. Where can I find this coach?
SONYA LEE MITCHELL is the manager I use. Just research the name. You'd find necessary details to set up an appointment.
this Sonya looks the part but i'd do my due diligence. I set up a call, thanks.
Early retirement is the dream. I refuse to accept that I have to be at the end of my life to enjoy time freedom. Let's hustle to financial independence!
@@area_5791
I have the same fear too because I think I'll make a mistake
@@area_5791 If you are new to the markets, I'd advise you get some kind advise or assistance from a financial consultant or Investment coach. That’s the most ideal way to jump into the market in these uncertain times.
@@middaynap9240
I agree with this, Investment coaching sounds like a great idea, thought about it before but never knew how to go about it, Have you used a coach? what is the experience like?
@@teppertimmy1069 can’t disclose too much , but yea I’ve been using a coach since March 2020, growing my portfolio from $275k to $700k approx. It is pretty straightforward, not as complicated as it used to be.
@@middaynap9240 Would you mind sharing your coach's Info?
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.
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 am thrilled to have this opportunity, and I am delighted to share that I have discovered the professional's website. I have wasted no time and have already contacted her by sending a message.
21 years old and i got my tax return and decided to finally open a Roth IRA. So excited to see how much it grows. Thank you for all of the advice!
Wonderful! awesome to hear
Did you fund your *2020* IRA or 2021 IRA?
i just opened mine early June. I am 41 now so don't feel bad
Engaging the services of a professional stock broker in your trades is the best way to begin. As a beginner I made my first big millions in the stock market with no prior experience, I was introduced to an Expert broker/Financial advisor who assisted me in achieving so much. Her name is Suzanne Stephens Ellis, I recommend her to beginners for all types of investment, including retirements. Please avoid running losses trading on your own.
Just as I said, SUZANNE STEPHENS ELLIS is one of the best stock broker and investments portfolio manager I know. This is because I have tested her services first hand. She has never failed me or anyone I recommended to her. She can be trusted.
You saying that starting in your late 20s isn't too late realy helps. There are times where I feel like I don't have enough time but then I realize that I still have more income to earn and then that will change my contributions which whill in return increase my investment. Great video Humphrey!
I really appreciate seeing the perspective of someone who started later with investing. It’s very intimidating to see these type of videos from people well into their journey who started maxing out their Roth IRA at age 18. I’ve had my Roth for about five years now, but only started seriously contributing the past two years or so. This will be the first year that I finally max it out after slowly increasing my contributions each year. Thank you for sharing!
I am 50 with approx.$20k in my Roth and just now maxing my annual contributions. I crunched the numbers and could have $300k by 70 in it if I only get a meager 4% annual return on it as a worst case scenario.
I hope that helps.
Late 30s here. Just opened my Roth IRA this afternoon 😬
Already maxed out the contribution for 2020💪🏽
I’m 35 and watching this video so i can finally move forward on it mysefl I’m ready to max it out and invest. Any assistance would be greatly appreciated
@@brcleaningcompany2566 that’s awesome. I opened one with a Robo advisor through Betterment, and one I can use to manually select stocks through TD Ameritrade. I hear Fidelity and Vanguard are pretty good choices as well
@@alexm1841 sucks because it’s something I’m not grasping and I’m usually a fast learner lol,, am i suppose to open a Roth IRA add 6k to it, is that 6k inside the Roth IRA the same i use to buy stocks and index from it? Or do i max it out at 6k then use additional money for whatever stocks or index i want to add to it??? The whole average growth of 8-12% thing
@@brcleaningcompany2566 I had just recently opened mine as well. From what I learned is That yes you use this Roth IRA to buy or trade stocks. You don’t have to max it out and no you cannot add anymore once you max it out, but you can invest it to let it grow
Thank you Humphrey. I love how you’re so comfortable with sharing this with us. I love your videos.
thank you, Tyler :) I appreciate the comment
It's definitely a diversified portfolio, just way too conservative in my opinion. I would have more VOO and less VTI, and almost half of the thing is in international, I think that's way too high considering how much better the US stock market is compared to the world.
@@humphrey Hi humphery wich brokerage use for you roth ira?
@@jeffwvu4602 VOO and VTI are virtually the same fund, bro.
Are you not rotating out of VOO and VTI this year?
So much complexities. I think FX-Trading is just the simplest yet you make a very good passive income weekly.
Not a Pro. LoL. I work with "Sandra Yvonne Webster" in all honesty she is an Angel. Do your own research!
Sandra was here in Utah for a seminar. She spoke about Nft bubble Great speaker, full of humor and rhetorics too. Lol!
@@kathleenstoner.n7499 THE NAME DROP!
Man…now THIS is what should be taught in schools! If it wasn’t for just listening to other people around me talking about managing finances i never would have know what a Roth IRA was! Thank-you for your explanations!
Thanks Nicole!!!
I just wanna say how incredible this content is. Subscribed for life. You broke it down so simply and made it easy to understand man. Great visuals and actual numbers makes everything much easier. Thank you so much man
Glad it helped!
I am learning so much from your videos Humphrey! I think I found you from TikTok last year and I am really happy to have subscribed and starting the year learning about personal finance from you!
Thats awesome :)
Awesome video .. I’m new to investing and one big mistake I made was focusing more on my brokerage account than my Roth . Going to keep just one etf in my taxable account and focus more on the Roth with similar allocations you put up for your Roth 👍🏼👍🏼
This was so helpful and easily digestible! Thank you :)
you are welcome :)
Yes... the best explanation
Happy new year! Thank you again for all the info. My husband and I are so excited to start investing! Wish you nothing but tons of success, happiness and health :)
Thank you Molly!! Same to you
Best video I’ve seen on this subject so far. Breaks it down very well and simple.
Nice video very good information. I just started a Roth IRA and I'm in my mid 40s. You're absolutely correct you are never too late to start investing. Great tips thank you.
Thank you Humphrey, great video as always. Always learn something new from each video you post.
You’re welcome!
I subscribed to your channel a little over a week ago and I was watching fearless lyric videos with my mom until we decided to switch over to a finance video. Then I noticed the VIP reputation box on the background and I am SO happy I subscribed. Love your content!
LOL
You’re welcome!
This is best video on Roth IRA I’ve seen on UA-cam. Thank you for the information.
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....
@Christina-Gisela 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. Alice Marie Coraggio, a licensed fiduciary whom has made me over 5 figures in profit in less than seven months, handles my investments. I could leave you a lead if you need help.
@Christina-Gisela Alice Marie Coraggio
Lookup with her name on the webpage
@Christina-Gisela Alice Marie Coraggio her trading strategies is working for me for more than a year now and I’m making good profit from the stock market and she's 100% honest, reputable and trustworthy..
Found your video on my suggested front page and I appreciate this video so much! I'm trying to diversify my roth more and have been doing a lot of research and this video helped me a lot. your picks for my roth gave me some insight on how I want mine to look like
You're so welcome! I'm so happy to hear I was suggested! I've been trying to make more videos and increase my reach, yay!
Dump all your money into amc stocks. To the moon 🌙
love your videos, came from tiktok and theyre so informative and helpful, always look forward to your content
Thanks Humphrey! Truly appreciate your clarity, transparency, and honest desire to help others. For the wider community: I want to now convert all my Roth IRA vanguard mutual funds into ETF's. What's the best (aka least hassle with no taxes) way to do that? Some like VTSAX -> VTI are easy to do since they're equivalents
maxing out my roth today at 19 so proud of how far i’ve come
Smart man, doing the same.
Congrats!!
@@brockbuisker261 good luck homie, you got this 👊🏽
This was such a clear and transparent video esp for a new investor like myself. Subbed!
Great to hear :D
I paid my 16 year old child a $13k salary last year for helping me with work projects, tax free money for him and write off for my s-corp. Half the money went toward his vehicle and insurance, the other half in a Roth IRA. Will do the same next year. Tax free money is insanely awesome and putting it in a Roth IRA puts him on a prosperous path forward. Love the vid!
Super informative! Happy New Year!
Thx Sam! You too :)
This was awesome info!
Better late than never. I'm 28, I have Roth IRA but don't have enough money to max it out. Though I put money in whenever I can. 🙂
Same here, just opened it last month and I’m planning to put $200 a month atleast. 😅
Even if it’s $50 a month, that’s still great
setup automatic checking contributions weekly - even if it's $50 it will change your life. It literally changed my life. I dont even notice the money anymore. 1x a year or so I will increase the value 1% to 10%. Best of luck!
Im 22 and starting my first job out of college in a few months. These videos are very helpful and I am going to open an account this year. thank you!
First thing you should check is to see if your employer offers company matching in a 401K. Go for that first because that is FREE (nontaxable) money. Next, pay off your student debt, if any. And pay that off ASAP. Next, open an HSA through your employer (if they offer one) and start contributing. Everyone needs health/dentalcare at some point and you are no exception. It's nice that Uncle Sam pays a small part of that healthcare bill. Then if you have money, open a ROTH.
I’d be interested to see an update about this type of portfolio with the current decline in the markets. Maybe words of advice and adjustments that could be made as market continues to decline.
Great video! Personally, I am a huge fan of index funds and etfs for my roth IRA. Since I won't be accessing it until retirement, I am planning on putting money in there and forgetting about it.
Great Video . According to Robert Kiyosaki the best investment one can ever make is in taking the time to truly understand how one's finances work. Too many people are much more interested in the quick-hitting scheme, or trying to find a short-cut to real wealth.
There is never a short cut to destiny, a consistent effort bring about success.
Did you trade with Christine Lynn Saitta?
I have been hearing of her tireless effort in making profit for investors. How can i contact her?
Yes, I have been benefiting from her investment platform for good two years and three months.
Lookup with her name on the web, you will find everything you need to know about her service.
Thanks a lot I will do that immediately
I was looking for this earlier. Thank you!
Glad I could help!
Huge fan of the channel, i can add new index funds to my profilio every year, and still gain interest from the previous years wow
I’m 21 and I just started my account 🔥
My Roth IRA balance is currently about $100,000 and it's all held in one fund: The Fidelity 500 Index Fund (FXAIX).
I’ve found you on TikTok I wish I had found you sooner. Absolutely love your context.
i am watching this exactly one year later! thanks Humphrey! i am grateful you appeared on my tiktok feed
i just started and im turning 37 this year. but late than never. i contribute $500 per month
Same
I am 41 & just starting my ROTH. Thank you for these infos!
You are so welcome!
Which ETFs did you go with and what was your percentage allocation for each
Just do vti , schd and vxus
Me too, 41 and JUST getting setup! Wondering, what investments are you starting with? (thats now the hard part, lol).
I have VOO, VXUS & VTI.
39 I just opened a Roth last year, and just started fully funding last month.
Love this very helpful
Is there a penalty to sell stocks in order to get better ones? Do you have a video explaining rebalance?
I used 4 Vanguard ETF on my Roth IRA, 3 lazy investments. I'm on M1 Finance and these ETF's are VTI, VXUS, and for more exposure to Tech VGT and BND (60, 20, 10,10)
Great setup! Not overly exposed in any area, but enough exposure in all the right areas.
Mine's on M1 Finance as well and I have VTI, VXUS, and BND (70%, 20%, and 10%). I'm 30 years old and just started one this year with $1,000 in it. I plan to contribute the max ($6,000) every year. Would you recommend this portfolio at these percentages for a few years or rebalance it every year?
Thank you a lot!!! This in the future is going to help me with my investments. (I also just subscribed)
Nice content and well presented ..
29 and overwhelmed with terminology. Thank you for explaining things because i honestly was going to give up and just build on my savings which is great but the pressure of investing is always over my head....quick question can you withdraw what you put in? Not what you earned...so if things happen and I need my money back can I get it?
With your Roth IRA, you can withdraw what you put in, with NO penalty. Yes.
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $483k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.
Wow, that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.
I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?
Clean simple video, love it.
Thanks Andrew :)
I’m putting 100% of the money in my simple Ira in HNDL. And I’m putting 100% of the money in my Roth IRA in realty income
The Total stock market index fund and S&P 500 index fund has huge overlap and essentially cover mostly all the same stocks so having both funds is double exposure and just adds needless complication to your portfolio. The VTI fund is heavily tilted towards large cap stocks which is what comprises the S&P 500 index fund. This is why returns are so similar between these 2 funds.
I was thinking the exact same thing
S&p 500 cover the 500 biggest companies where as the total stock market cover the entire stock market not just 500 ....
@@leopoldpierre269 I know that. That still doesn't change the fact that the S&P 500 companies make up the vast majority of the total stock market index fund.
I believe that both funds are cap-weighted as well, so the majority of your money is definitely going to the same companies. Just buy the s&p (probably a tad lower er). Actually, most investors can buy an S%P index fund and be done with it. Don't need all of the other "exposure." That's just marketing.
Those companies are pretty much all over the globe, so there is your "international" exposure. I'd be 100% stocks if I were you until like 50 years old. That bond etf probably hasn't kept up with inflation, but haven't checked.
That said you are investing at your comfort level and that's the important thing. You are starting young and that is your greatest asset. Love the hustle and help you offer. Keep it up!
I feel like the fact that it’s tax free and probably the last of all your accounts you’d want to withdrawl from, I think it makes sense to be more aggressive than other investment accounts. Individual stocks, tech, etc.
Im still trying to figure it out as well. The difference being you have a 6k dollar limit annually and individual stocks are more volatile and you only make profit when you sell. Dividends are sheltered here which is why I have never been a dividend guy because I hate the thought of paying taxes of dividends. Our thought process is inverse of each other.
Super helpful! Thank you!
Nice video Mr. Yang. Thank you.
2021 goals will be to finally kickoff a channel to educate people on financial literacy! Also to max out that Roth IRA 😏
Boom! Love it man.
My style of investing is mostly what John Bogle preached. With that said I never thought of avoiding capital gains taxes by buying individual stocks within a Roth IRA. Thank you for that. I like to "play" with a small percentage of my investment money.
Got it! Nice!!
Happy new year!
thank you, you too :D
Thanks for the solid information!
You’re welcome 💎🙌
Great video! Why did you choose VOO instead of VFIAX in a Vanguard Roth IRA? Is there a benefit besides the slightly better expense ratio? I'm wondering because I have my Roth IRA with Schwab and am deciding between VOO and SWPPX (Schwab's S & P 500 index fund).
One is a good substitute for the other. Flip a coin and don't get hung up the negligible expense ratio difference et al.
I’m at 60/20/20 FZROX FNILX and FZILX. Good to know I’m not the only one who doesn’t have too much diff ETF in there. Any advantages or differences between Fidelity and Vanguard?
Awesome video! Keep it up!
Thanks Rafael!!
Great Video's Humphrey. Thank You
Please ignore bots/scam/spammers, I will never ask you for your number. Thanks for watching!
The thing is the future is not guaranteed, live your live to the fullest but dont go broke doing it!
Right I’m terrified to die before I get to touch my money
@@gabrielaolmedoalarcon4554 I think it was Mickey Mantle who said "Had I known I was going to live this long, I would have taken better care of myself." Apply that quote to not only your physical health, but your finances as well.
Hey, Humphrey, love your channel! I have a question that I hope you can help me make clear. If I invested in dividend paying stock or REIT through my IRA, are my dividends being automatically reinvested in my retirement account for compound interest or are they just being accumulated there until I reach the age of 59 1/2.
if you go into ur brokerage account settings and turn the "DRIP" feature on, the dividends will be reinvested
@@benkone420 what happens if you don't turn it on where do the dividends go?
@@HaiTharImDavid I’m not entirely sure, but my guess is that the dividends would be made to “cash” in your brokerage account. Then I assume you could withdrawal it to your bank account, or use it to buy other stock.
@@benkone420 thanks!
Really good info. Thank you
I'm wondering how you decided your stock allocation rebalance upon adding VOO?
If someone from outside the US were to invest in an S&P 500 ETF, would there be a risk of FX losses when withdrawing investments at retirement? Likewise, would you be susceptible to FX gains or losses when you invest in ETF's of stocks outwith the US in your own ROTH IRA? Good content by the way, keep it up :)
Great point, I think you may be susceptible to FX, you should look into your country's funds that allows you to invest in a US S&P500 etf without directly having to buy the US version.
@@humphrey thank you for replying :-)
Super video! Just to clarify something, where do the tax free dividends from a Roth IRA go? Straight to my account or back into the IRA?
Edit: Also is a Roth IRA a US only thing?
Back into the IRA. You can find a “tax free savings account” in your country as well.
Just google “tax free savings account + your country”
@@humphrey thanks man!
Thank you for the transparency and willingness to share your own account 😊 I’m new to investing just opened up my Roth IRA this year and I’m just super curious 😅
Question.. how long have you had you account opened? Also, how much have you invested vs how much have you earned?
Scammer
Great video dude 👍🏽
My Roth IRA is divided between the 5 ark etf , with different percentages.
smart
how is that going for you? im thinking about doing the same thing
"late 20's too late for starting a roth" I started mine last year at the age of 56 to suppliment my 401K and also possibly as a vehicle to help legally avoid some taxes in my retirement via rollovers.
people wanted him to start when he was 5 rofl... plus it has to be taxable income so you cannot be a young kid.
Thank You for all your help. God bless you sir!
What is your opinion on investing in Target Date Funds instead of ETFs ? Hope you can include this topic in one of your future videos!
Can you explain why you purchased ETFs as opposed to index funds?
Etfs are more tax efficient!!
@@humphrey does the tax efficiently matter when using a Roth IRA?
@@westonpetersring No
Are you me!? This is my exact story. SCARY 😅
LOL! Twins bro
Twinnnss and both of Yall's YT Channel is awesome and Informational
Lol
Hi Man thanks for the video! And happy new year! I have a question, do you have any recommendation of doing bitcoin Ira? Thanks!
Hello Humphrey, I recently opened up a Roth IRA. I'm utilizing the 3 fund portfolio method, with just a couple shares of 3 different stocks. Am I supposed to be realizing the gains or do I ignore that and just contribute money every month if I'm on a long-term growth strategy? Could you maybe do a video discussing unrealized gains/losses, the different types of trades, and how and when to rebalance your portfolio?
So if I contribute tomorrow Jan 2,2021 I can contribute to my 2019 year ? So technically I can dump 12k for my 2019 n 2020? Little confused
You can contribute to your 2020 Roth IRA up to April 15, 2021. It’s too late for 2019.
What’s your reasoning on ETFs vs index funds for your IRA?
I also want to know the answer to this question
ETFs are more tax efficient
@@steelersrulealot but taxes efficiency is irrelevant in a Roth IRA isn’t it?
It’s my understanding ETFs are more efficient in taxable accounts.
I think it comes down to fees, there are additional fees associated with an index fund
Thank you for this!
So quick question. With a RothIRA it doesn’t take off from earned income when doing taxes but a traditional IRA does ? Can I just start off with traditional IRA to lower my earned income then Backdoor to a RothIRA.
Q1 Contribution to traditional IRA *_reduces_* your *_taxable_* income while Roth IRA does not.
Q2 If you contribute to traditional IRA and then convert to Roth IRA you end up paying the same amount of tax as if you contributed to Roth IRA. There is no free lunch in your scenario.
I need the link to those Back to the Future posters 😍
It is by MONDO!
What would your percentage be now after you added stock to your list since you had it spread from 40% VTi, 40% Veu, and 20% BND? Thank you.
my Roth IRA still has around those splits. Are you talking about my full portfolio as a whole?
@@humphrey Yes if that makes sense but I think it's just me getting confused by the percentages and the etf names...
Don’t put bonds in a Roth…
@@aygwm I agree
Last year I put $200 in a couple ETFs and I had a 10% growth which was amazing. Just opened a Roth and thinking I'll follow your 40%/40%/20% style
great video dude
Thoughts for all in on VTWAX?
Wax on, never wax off
Too much international for me
Way to heavy in International.
This video is incredible! As someone that started investing into a Roth IRA this year, I got a lot out of this. I have 2 questions:
1. What platform/broker do you use for your Roth IRA?
2. How do you compare having ETFs vs Mutual Funds in your IRA? And which do you prefer?
What did you end up using as your platform for ROTH IRA???
I have my company 401k & Roth 401k going with 20% diversified in the options I have available. My company doesn’t offer a match but I am a union employee and I will qualify for the pension fund next year so it’s a loose match. Now if I become a corporate employee I could get a match. My traditional IRA I have it pretty well diversified now with several ETFs and a few company stocks. Hopefully with long term holding and dividends reinvesting I can build up this retirement egg quickly. I may look into converting my IRA into a Roth soon.