DON'T MAKE THIS COMMON MISTAKE‼️ Many people mistakenly believe that simply opening a Roth IRA will ensure their …
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DON'T MAKE THIS COMMON MISTAKE‼️ Many people mistakenly believe that simply opening a Roth IRA will ensure their …
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32 comments
Is this guy suppose to be "nerdy" looking😅. He succeeded!
My original retirement plan was to retire at 62, work part-time, and save diligently. However, rising costs have significantly disrupted this plan. I’m concerned about whether those who faced the 2008 financial crisis had an easier time compared to the challenges I'm facing now. With a shrinking income and the stock market's volatility, I'm worried about my future Medicare expenses and whether I’ll have enough savings for retirement, especially since I’m unable to contribute as much as I once did.
I made this mistake too! Glad I’m not the only one 😅
I'm 63 and retired with $2,000,000 in my 401(k). Should I convert to a Roth IRA? I’ve been thinking about this for a while, but I’m not sure if the tax hit now is worth the tax-free withdrawals later. It’s such a big decision, and I don’t want to mess it up.
Hi Steve, I made the same mistake. If I have $9,000 in my Traditional IRA and haven't purchased ETFs for 2024, (which I know the deadline is April 15th), can i purchased 9o worrh of SPDR at once?
I made this mistake as well!! Recently fixed it but thankfully didn't have much yet in my Roth.
I needed you 30 years ago, but this knowledge will help my Niece. Thank you
Im using fidelity roth ira account, is the best option for me to invest into the FXAIX or just keep it into the IRA account or have both? Thanks!
My biggest mistake was not opening a Roth IRA in the first place. Thank goodness I had the sense to contribute to a 401k and 457. Also having a pension helps.
Can I move the money that I put in an investment?
Don't most Roth IRA accounts invest for you?
I use roboadvising for investing.
I love you
Great information and thanks for enlightening us that follow you.
So invest the money that you put in the Roth IRA OR open a Roth IRA AND invest other funds in stocks?
Can you buy fractions on Roth Ira ?
How to calculate MAGI? Are there any program to help to do that? So we know how much money we can contribute to Roth IRA.
I think most know this 🙄
Hi Steve , what do think if i put in 7k to roth ira as 1 time and purchase Voo or better idea to put in roth ira monthly? Because base on my income i only can put in 7k max . Thank you Steve
omggg thank you! I did th same thing for the past two years! smh
I appreciate you sharing this. Its a common misconception a lot of people make.
getting a roth ira with a bank or insurance company?
🤣🤣🤣🤣 I did the same for the 1st 3 years! My money wasn't moving! That was in 1993! Since I have VGT/SCHD/JEPQ/SCHG!
Question. So you just buy the ETF and only sell when youre ready to withdraw? Or?
Thanks to you, I didn't make that mistake. The step by step video you posted was a great help.
The market is tough. Do your research or talk to an advisor. I made my first million after years of trying. Good luck!
Is it best to contribute monthly to the Roth IRA or just invest the entire yearly limit amount at once when the stock dips?
Seriously i never knew anyone did this of course you need to make choices about what it gets invested in?
Where should i keep my SCHG? ROTH IRA or Ind Brokerage Account?
Need a video please! I have a Target date fund in fidelity, but can I also buy additional index funds ugh, help!
I still dont get it, can you make video what to do, the baby steps.. pls
U r still young. That graph is an estimate. Market will crash again. Buy small gold bars or uncut diamonds.