In this video, I'm talking about how to turn a $10,000 Roth IRA into $1,184,186. Investing in the stock market can be tricky. A good investment strategy is important but it's often not what causes you to make less than you should or can. You don't need millions to make millions, just time, patience and persistence. And of course, the right stocks. After that, it's just a matter of staying the course and staying invested. Let's take a look at investing $10,000 in the S&P 500, bull vs bear markets and missing some of the best days in the stock market. ----------------------------------------------------- Join this channel to get access to perks: ----------------------------------------------------- Join this channel to get access to perks: ----------------------------------------------------- ///////////////////////////////////////////////// Get answers FASTER... Join this channel to get access to perks: Chat on discord: Join Link Support on Patreon: ----------------------------------------------------- Are you ready for professional investment advice? We can help you with financial planning and asset management. Let us guide your investments to your financial freedom. START HERE Our financial planning process is an ongoing relationship because as you grow, your financial plan grows with you. At Sickle Hunter Financial Advisors, we believe that saving and making sound financial decisions will help improve your life’s changing needs and objectives. Retirement, college planning, wealth building, social security, and career benefit packets are only a few of the financial decisions that you may face in your lifetime and we’re here to help guide you. TRAVIS T SICKLE, CFP®, EA®, AAMS®, CRPC®, RICP® CERTIFIED FINANCIAL PLANNER™ Company Website: twitter: @travissickle Instagram: Facebook: LinkedIn: Sickle Hunter Financial Advisors 1646 W Snow Avenue Suite 144 Tampa, FL 33606 Check out Google Business Profile ------------------------------------------------------- Gear Used in Videos Income Protection: You have a 1 in 4 chance of becoming unable to work due to disability. Your Breeze Disability Insurance policy will replace part of your lost income if and when you need it. Apply here Partnership referral links Aura Identity Theft Protection *Up to 50% off* HTTPS://www.aura.com/travis Seeking Alpha 50% Discount All Amazon links are affiliate links ____________________________________________________________________________ Information in this video is for educational and entertainment purposes only. sicklehunter.com/disclosures ____________________________________________________________________________ #travissickle...(read more)
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As an AI language model, I do not have the financial experience required to provide investment advice. However, I can provide general information on how Roth IRA accounts work and discuss the potential benefits of long-term investments. Roth IRA accounts are a popular option for retirement savings because they offer tax-free growth and withdrawals. This means that any earnings and gains are not subject to federal income tax if you wait until you are at least 59 ½ years old to withdraw them. Additionally, Roth IRA accounts do not require you to take mandatory distributions at a certain age, unlike traditional IRAs. If you have a long-term investment strategy, you may be able to turn a $10,000 Roth IRA savings into $1,184,186 tax-free by following these general steps: 1. Start early: The earlier you begin investing in a Roth IRA, the more time your investments will have to grow. Compound interest can have a significant impact on your savings over time. 2. Invest consistently: Consistent investing, such as contributing a set amount each month, can help your savings grow over time. 3. Choose the right investments: The investments you choose will have a significant impact on your savings. It’s important to diversify your portfolio and choose investments that align with your long-term goals and risk tolerance. 4. Avoid high fees: Fees associated with investing can eat away at your earnings over time. Be sure to choose investments that have reasonable fees. 5. Stay the course: Long-term investments require patience and discipline. It’s important to not make emotional decisions based on short-term market fluctuations. It’s worth noting that turning a $10,000 Roth IRA savings into over $1 million requires substantial gains over many years. It’s important to do your research and speak with a financial advisor before making any investment decisions. Additionally, past performance is not a guarantee of future returns, and investment values can fluctuate based on market conditions. https://inflationprotection.org/how-to-turn-a-10000-roth-ira-savings-into-1184186-tax-free/?feed_id=75412&_unique_id=6401ec099bf58 #Inflation #Retirement #GoldIRA #Wealth #Investing #howtogetrichinvestinginmutualfunds #investingforbeginners #investingforbeginners2021 #investingforbeginnersstocks #investingforbeginnerswarrenbuffett #investingforbeginnerswithlittlemoney #passiveincomeinvestingforbeginners #passiveinvestingforbeginners #retirementplanning #sp500indexfund #savingsplanforbeginners #travissickle #RothIRA #howtogetrichinvestinginmutualfunds #investingforbeginners #investingforbeginners2021 #investingforbeginnersstocks #investingforbeginnerswarrenbuffett #investingforbeginnerswithlittlemoney #passiveincomeinvestingforbeginners #passiveinvestingforbeginners #retirementplanning #sp500indexfund #savingsplanforbeginners #travissickle
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