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Showing posts with the label iraaccountexplained

Roth IRA Investing in 10 Simple Steps

The magical Roth IRA … You’ve heard that you need one. Or if you have one, you’ve heard that you should be taking full advantage of it. What is so excellent about a Roth IRA?! That's what I'm reviewing today ... let's start Roth IRA investing! INVESTING RESOURCES blooom (Free portfolio analysis): Fidelity (low-cost brokerage): Vanguard (low-cost brokerage): XY Planning Network (fee-only financial advisors): BUDGETING RESOURCES Mint: YNAB: SAVING RESOURCES Ally: CHAPTERS 0:00 - Intro: Roth IRA Investing 1:09 - 1. Make Sure You Are Eligible 2:03 - 2. Have an Emergency Fund 3:00 - 3. Save for the Minimum Investment 4:20 - 4. Choose Your Investment Partner 5:13 - 5. Understand Expense Ratios 6:00 - 6. Take Advantage of Index Funds 7:41 - 7. Diversify Your Portfolio 9:31 - 8. Consider a Financial Advisor 10:19 - 9. Invest for the Long Term 11:12 - 10. Rebalance Annually 13:14 - Final Thoughts on Roth IRA Investing 13:48 - What do you think? 14:08 -...

Roth IRA VS Traditional IRA︱What is an IRA?︱Investing Basics

Roth IRA VS Traditional IRA: which one is right for you? In this video I've explained what an IRA is, how it works and the two different kinds. Using simple examples I've made this complicated topic easy to understand! ─────────────────────────────────────────────── If you enjoyed the video please drop a 👍 If you have any questions or comments leave them bellow! SUBSCRIBE for more Investing, Educational and Personal Finance videos 😎 ─────────────────────────────────────────────── Disclaimer: This video is for educational and entertainment purposes only. I am NOT a financial advisor/tax professional; this video is not financial/tax advice. Investing involves risks including loss of your initial invested amount (principal) or any possible profits made from your investment. Please do you own research before investing. Please be aware that the information in this video might be outdated in the future. Responses to questions in the comment sect...