I hear this question ALL THE TIME: "How do I open a Roth IRA?" People are becoming interested in investing due to the general hype around the stock market right now. So, how do you partake? How do you invest? How do you go about preparing for your future financially RIGHT NOW? Introducing my NEW video: How to Set Up a Roth IRA for Beginners. • Roth IRA vs. Traditional IRA • How does a Roth IRA differ from a 401k/403b • How Roth IRAs are different from individual stocks • Is a Roth IRA better than an HYSA (high yield savings account)? • Penalties with a Roth IRA • What order should I contribute to these investing accounts? • Max amounts you can contribute to • How do you actually set up an Roth IRA with an online broker? • Index Funds and Target Date Fund At the end of the day, don't be afraid to dig in and get your feet wet. Learn as you go, educate yourself and invest, invest, invest. Any questions? Ask in the comments below! MENTIONED LINKS Investopedia:
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)