Timothy Sumer

You'll often hear the phrase VOO and chill or sometimes VTI and chill. VOO is the ticker to Vanguard's S&P 500 index ETF (VTI is Vanguards total U.S. market ETF). The idea is to invest all of your money in the S&P 500 (or perhaps the total U.S. market) and just relax. After my video showing my 2021 portfolio tracked the performance of the S&P 500 (more or less), many asked why I bothered with multiple asset classes and individual stocks. Why not just VOO and chill? This video explains why, and more importantly, walks through some concepts that might help you decide what's best for your portfolio. Join the newsletter: ———————————— Investing Tools ———————————— My Book (Retire Before Mom and Dad): Personal Capital (Investment Tracking, retirement planning ): New Retirement (Retirement Planner): Stock Rover: M1 Finance $30 Bonus (IRA & Taxable Accounts): ———————————— Credit Cards & Banks ———————————— Wells Fargo Active Cash (Cash Back...

Invest your earned income to start your early retirement: the sooner you invest, the earlier you retire. Summary: Go to Fidelity.com "Open an Account" Under Roth IRA: "Open Now" Core Postion: FDIC Make Initial Deposit Invest monthly into VOO or FXAIX Get tax free earnings! -CAN ONLY CONTRIBUTE EARNED INCOME (TAXABLE INCOME, not from investments)... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERT IRA TO GOLD: Gold IRA Account CONVERT IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA Retirement is an important milestone in anyone's life. As you approach your golden years, it's vital to have a solid plan in place to ensure financial security in the long run. One such option for your retirement savings is the Fidelity Roth IRA, which has recently undergone some updates. A Roth IRA is a popular retirement savings account that allows you to make contributions with after-tax dollars. This means that whil...

In this series I will be going over how I utilize the Wheel Strategy in my Roth IRA account. This is not financial advice. I am sharing my thoughts and opinions and not providing recommendations on how someone should invest. Hope you find this useful! My Video on Index funds Great Book for starting with Options ... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: Gold IRA Account INVESTING IN A SILVER IRA: Silver IRA Account REVEALED: Best Gold Backed IRA Roth IRA Wheel Strategy Episode 1 is the first episode of a series of videos created to help individuals understand the basics of investing in a Roth IRA. The episode focuses on the basics of setting up a Roth IRA, including the types of investments allowed, contribution limits, and tax benefits. The video also explains the importance of diversifying investments within a Roth IRA and how to use the “wheel strategy” to maximize returns. The wheel strategy is a type of asset ...