- 37
- 453 071
Alex Quinn
United States
เข้าร่วมเมื่อ 19 พ.ค. 2020
Welcome to my channel! I am a personal finance enthusiast. As part of Gen Z, I am passionate about making financial literacy accessible for the younger generations. My videos are focused on financial independence, early retirement, and the path to financial freedom.
~ Financial Literacy for the Next Generation ~
~ Financial Literacy for the Next Generation ~
Why You Suck At Investing
In this video, we cover why so many people struggle with investing and what you can do to get better results. We discuss some of the biggest traps investors fall into and share strategies to help you stay focused and avoid costly mistakes.
~~~~~~~~~~~~~~~~
✔️ WATCH NEXT! ✔️
► Avoid This 6-Figure Roth IRA Mistake: th-cam.com/video/Qlsb7lspdtQ/w-d-xo.html
► Automate Your Investments at Charles Schwab: th-cam.com/video/FoWmz8xxEvw/w-d-xo.html
► Three Fund Portfolio (The Easy Way to Invest!): th-cam.com/video/mz9_Q0wPZrQ/w-d-xo.html
👉 Follow me on Instagram! alexraefinance
🔴 Subscribe for more personal finance videos: th-cam.com/users/alexraepersonalfinance
~~~~~~~~~~~~~~~~
🕒 TIMESTAMPS 🕒
0:00 Investing mistakes
0:18 Reason #1
1:32 Reason #2
3:31 Reason #3
5:25 Reason #4
6:43 Exceptions to the rule
~~~~~~~~~~~~~~~~
Disclaimer: I am not a financial advisor nor a tax professional. The content presented in this video is for entertainment and educational purposes only.
~~~~~~~~~~~~~~~~
✔️ WATCH NEXT! ✔️
► Avoid This 6-Figure Roth IRA Mistake: th-cam.com/video/Qlsb7lspdtQ/w-d-xo.html
► Automate Your Investments at Charles Schwab: th-cam.com/video/FoWmz8xxEvw/w-d-xo.html
► Three Fund Portfolio (The Easy Way to Invest!): th-cam.com/video/mz9_Q0wPZrQ/w-d-xo.html
👉 Follow me on Instagram! alexraefinance
🔴 Subscribe for more personal finance videos: th-cam.com/users/alexraepersonalfinance
~~~~~~~~~~~~~~~~
🕒 TIMESTAMPS 🕒
0:00 Investing mistakes
0:18 Reason #1
1:32 Reason #2
3:31 Reason #3
5:25 Reason #4
6:43 Exceptions to the rule
~~~~~~~~~~~~~~~~
Disclaimer: I am not a financial advisor nor a tax professional. The content presented in this video is for entertainment and educational purposes only.
มุมมอง: 1 327
วีดีโอ
Fractional Shares Explained: How to Buy + Best Brokerages
มุมมอง 2.4K4 หลายเดือนก่อน
Fractional share investing allows you to invest in high-priced stocks and ETFs without needing to buy whole shares, ensuring every dollar in your portfolio is put to use. In this video, I take a detailed look at the major brokerages-Schwab, Vanguard, Fidelity, and M1 Finance-and how they handle fractional shares. From Schwab’s limitations with Stock Slices, to Fidelity’s flexibility with thousa...
Side Hustles Worth Your Time in 2024
มุมมอง 2.6K4 หลายเดือนก่อน
In this video, we’ll discuss 10 high-value side hustle ideas and how they can be a game-changer in achieving your financial goals. Instead of chasing low-paying opportunities, focus on side hustles that command a high hourly rate and are specific to your local area. These ventures can significantly boost your income, help you build new expertise, and set you on a path to greater financial freed...
Avoid This 6-Figure Roth IRA Mistake
มุมมอง 23K7 หลายเดือนก่อน
In this video, we cover 10 common mistakes investors make with their Roth IRAs that can cost you up to half a million dollars or more. Whether you're a seasoned investor or just starting out, understanding these pitfalls is crucial for maximizing your retirement savings. We'll walk you through each mistake, explaining why it's costly and how you can avoid it to ensure you're on the right path t...
Charles Schwab Mobile App 2024 (Complete Tutorial: Trade & Invest)
มุมมอง 42K9 หลายเดือนก่อน
In this video, we dive deep into the Charles Schwab mobile app, setting you up to successfully manage your investment portfolio entirely from your phone. Discover how to track investment income, manage positions, analyze gains and losses, and even set up personalized watchlists to keep tabs on your favorite securities. We also explore the Markets tab for broader market insights and delve into t...
The 5 Investment Fees Explained (For Stocks, Mutual Funds, Index Funds, ETFs)
มุมมอง 1.6K9 หลายเดือนก่อน
This video discusses the five main costs associated with investing in individual stocks, bonds, mutual funds, index funds, or ETFs. We start with trading commissions, which are flat fees charged by brokerages for buying or selling shares, although many brokerages now offer commission-free trading. Brokerage fees are typically charged annually for administrative purposes, with many brokerages no...
This Really Old Law Could Get You EU Citizenship (for free!)
มุมมอง 4.1K10 หลายเดือนก่อน
Discover how I obtained EU citizenship, all thanks to my great-great-grandfather and a teeny-tiny European country, and how you might be able to do the same! Luxembourg's unique citizenship laws, where descent restrictions don't apply, allow generations of descendants to reclaim their citizenship. With a bit of research and some paperwork, my family and I successfully reclaimed our Luxembourgis...
Roth IRA at Charles Schwab: 2024 UPDATED Guide (Open, Contribute, Invest)
มุมมอง 132K11 หลายเดือนก่อน
This step-by-step video covers how to open, contribute to, and invest in a Roth IRA at Charles Schwab, updated entirely for 2024. Getting started investing can be daunting, but Roth IRAs are a great option for beginners. They are accessible to nearly everyone with earned income and allow you to grow and invest your money completely tax-free. After opening and contributing to a Roth IRA, it is r...
10 Things To Do After Buying a Home
มุมมอง 776ปีที่แล้ว
You bought a house, yay! But don't celebrate too quick, because the fun is just getting started. Now that you don't have a landlord to call when things break, you need to be responsible for all repairs and home maintenance. Luckily, there are some things you can do to prevent problems before they happen. This video covers some of the most critical items you need to do immediately after purchasi...
The 3 Stock Order Types Explained (Market Order, Limit Order, Stop Order)
มุมมอง 18K2 ปีที่แล้ว
What are the differences between market orders, limit order, stop limit orders, stop loss orders, and stop orders? This video covers the stock order types in detail so you understand how your stock market transactions are executed. Market orders execute the transaction as soon as possible at the current market price, which may not reflect the price you see when you initiate the transaction due ...
What To Do With 401(k) After Leaving a Job? (401(k) Rollover, Roth/Traditional IRA Rollover)
มุมมอง 2.5K2 ปีที่แล้ว
This videos covers the 4 options you have with your 401(k) after leaving your job and the pros/cons of each. You can rollover your 401(k) to your new employer's plan, you can keep it where it is, you can rollover your 401(k) to a Roth IRA or Traditional IRA, or you can cash out your 401(k) (although this is not recommended). Your contributions are always yours to keep, but you might not keep yo...
I Was Forced to Quit YouTube (Explaining My Absence)
มุมมอง 2.4K2 ปีที่แล้ว
I'm so sorry I was gone for so long, and I'm so excited to be back! 🔴 Subscribe for more personal finance videos: th-cam.com/users/alexraepersonalfinance 👉 Follow me on Instagram! alexraefinance ✔️ WATCH NEXT! ✔️ ► Investing for Beginners 2021 (Step-by-Step) | How to Get Started - th-cam.com/video/0q3Y35Ao8g0/w-d-xo.html ► Roth IRA at Charles Schwab: How to Open, Contribute, and I...
Best Credit Cards for Beginners 2021 (NO CREDIT HISTORY!)
มุมมอง 4083 ปีที่แล้ว
What are the best starter credit cards for beginners with no credit history? Should you get a secured or unsecured credit card, and what's the difference? How do credit card deposits work? We'll cover all those questions and more in this video. First, you need to understand the difference between secured and unsecured credit cards. Secured credit cards require that you put up a deposit - usuall...
Three Fund Portfolio (The Easy Way to Invest!)
มุมมอง 12K3 ปีที่แล้ว
The Three Fund Portfolio is a common investment approach that is beginner-friendly and has a proven track record of success. With this investment approach, you get large amounts of diversification in the domestic and international stock markets the domestic bond market while holding only 3 index funds. It's simple, quick to set up, and low-cost. In this video, I explain the key benefits of the ...
Investing for Beginners (Step-by-Step) | How to Get Started
มุมมอง 7K3 ปีที่แล้ว
In this video, I will show you how to invest in the stock market in 5 beginner-friendly steps. Getting started investing in 2021 is easy if you follow this guide. We discuss how the stock market works, the questions you need to ask yourself before making your investment, how to choose an investment account type (Roth IRA, taxable brokerage, 401k, etc.), how to choose an investment brokerage, ho...
Automate Your Investments at Charles Schwab
มุมมอง 48K3 ปีที่แล้ว
Automate Your Investments at Charles Schwab
How to Buy Stocks on Charles Schwab (Beginner-Friendly!)
มุมมอง 20K3 ปีที่แล้ว
How to Buy Stocks on Charles Schwab (Beginner-Friendly!)
Average Income by Age, Gender, Race, and Education in the USA (How Do You Compare?)
มุมมอง 2.8K3 ปีที่แล้ว
Average Income by Age, Gender, Race, and Education in the USA (How Do You Compare?)
How to Check Your Credit Report (Free, No Negative Impact!)
มุมมอง 3.3K4 ปีที่แล้ว
How to Check Your Credit Report (Free, No Negative Impact!)
30 New Year's Resolutions that Will Make You Rich
มุมมอง 4044 ปีที่แล้ว
30 New Year's Resolutions that Will Make You Rich
Index Funds vs. Mutual Funds vs. ETFs (Differences + How to Choose!)
มุมมอง 12K4 ปีที่แล้ว
Index Funds vs. Mutual Funds vs. ETFs (Differences How to Choose!)
What School Doesn't Teach You About MONEY
มุมมอง 7984 ปีที่แล้ว
What School Doesn't Teach You About MONEY
Best Practical Gifts for People Who Don't Want Anything (College Students, Young Adults)
มุมมอง 6004 ปีที่แล้ว
Best Practical Gifts for People Who Don't Want Anything (College Students, Young Adults)
Why It's So Expensive to be Poor // Poverty Explained
มุมมอง 1.5K4 ปีที่แล้ว
Why It's So Expensive to be Poor // Poverty Explained
How to Manage Money as a Teenager (Before and After 18)
มุมมอง 2884 ปีที่แล้ว
How to Manage Money as a Teenager (Before and After 18)
Roth IRA at Charles Schwab: How to Open, Contribute, and Invest (GUIDE)
มุมมอง 104K4 ปีที่แล้ว
Roth IRA at Charles Schwab: How to Open, Contribute, and Invest (GUIDE)
Top 5 Mistakes College Grads Make After Leaving College
มุมมอง 4114 ปีที่แล้ว
Top 5 Mistakes College Grads Make After Leaving College
Debunking Early Retirement Myths // The FIRE Movement
มุมมอง 8414 ปีที่แล้ว
Debunking Early Retirement Myths // The FIRE Movement
How to Go From BROKE to RETIRED in 15 Years
มุมมอง 2.7K4 ปีที่แล้ว
How to Go From BROKE to RETIRED in 15 Years
STOP Hiding Money Under Your Mattress // How to Improve Your Savings
มุมมอง 6774 ปีที่แล้ว
STOP Hiding Money Under Your Mattress // How to Improve Your Savings
Thank you for taking the time to walk through the Schwab app. This definitely helped! 🙏
Thank you so much for all this helpful information, I just started with my Roth IRA and if I didn't watch your video just put the money and didn't do anything else but with your video could understand the next steps that I need to follow up
Thanks for making this.
I am trying to withdraw some money that I invested into my Schwab Roth IRA for some bills. But I am having some difficulties figuring out to transfer the money to my Schwab checking account.
Thank you for making this video! I didn’t know what to do with my ira but I followed your instructions and got it done!
This was super helpful even now in 2025! Every step was so easy to follow. I went from being overwhelmed and having no clue what to do after contributing money, to knowing how to invest it. Thank you so much for sharing!
Thanks Robinhood also does fractional share i hear
Super clear for a beginner like me -- Thank you! Do you have any tips/resources for picking stable ETFs to invest in for the long term?
Does schwab offer a money management portfolio?
Super helpful! Thank you❤
Can we automate the invesment on roth ira?
I’m just trying to invest in spy for my kids custodial accounts. Can someone recommend how to do that in fractional shares?
dude this channel is so underrated
Thanks for the help! Keep making good content like this!
Thank you so much! concise, informative, and very helpful. :)
Where are you at dm me
this is insanely helpful. Just got into the investing game myself and this simplifies everything so much. Thanks a ton! - Michael
Can you make a video of HYSA’s??
you didnt mention the five year rule...would you explain that?
What about the 5 year rule for withdrawal? Thank you!
I like her. I’d invest with confidence (I’m sure she obviously wants to make money, but I don’t believe she would do it at someone else’s peril)
Wow, you provided so much helpful information Alex. Thank you so much! I would love to know your thoughts on which is better- a Roth IRA or a high interest savings account?
Great video!
Very informative, you break investing down in a easy to understand presentation..thanks Alex!
Excellent video -- thank you!
Good job!
Please continue posting videos about investing in stocks, ETFs, and indexes. I appreciate and enjoy learning from your content. You have a remarkable skill for explaining concepts in simple language.
Do you have a recommendation on the split between US, International and bond? I’m 31 brand new to investing
Consider S&P 500 index fund / ETF as your core or majority holding. As default consider ~10% each to foreign and bonds. If 401(k) offers company match contribute enough to receive that match. Favor contributing to Roth while in relatively low tax bracket and favor contributing to traditional when in relatively high tax bracket. For various reasons including tax diversification, contribute $7k year to Roth IRA.
@@alrocky Thank you for taking the time to respond. Any input on a SEP IRA? I am self employed so I do not have a 401k.
@@paulpeters8819 Sep IRAs and solo 401(k) are bit more complicated than being employee of company with 401(k)s since you're the owner who must manage /navigate rules. Perhaps visit Bogleheads forum for information and feedback. Principles of investing remain same so invest as much as income and budget allows and for tax diversification include Roth IRA.
Good guide thx!
For my Roth IRA on SChwabb does it matter if it is a Limit order or Market order?
Just started investing thank you for the concise video
Solid information. Cute voice. 🤭😎
Your Step by Step instructions were right on time ! A well done video ! 😃👍🏽
Fantastic. Thank you so much for this information. Setting up my Roth IRA has been something I have put off for the past 5 years. This year in 2025 we will finally start!
Alex, you are awesome! Thanks for the info-I'm trying to get my son, who is 23, going on a Roth IRA and this is a great start!
I also would appreciate a Tutorial Video on the step-by-step process to roll an old 401(k) into an IRA. Also, thanks for all your videos. Those I have watched so far are a great help.
Thanks so much for this video! I made the same mistake you did by not investing in etfs after contributing lol. Luckily I've only had my roth IRA for less than a year but this video helped me understand it much better.
Im 38 and scared to start and lose my savings but I know I have to start sometime. So I’m doing research and learning as much as I can before I start as to minimize my mistakes. If anyone has any suggestion on where or how to start please lmk any help is fealty appreciated thank you!
Does your job offer a 401(k) with company match?
@ yes I believe they offer one with unión and one from the employer as well. But I was told you can only have one or the other
@@arey256 Many employers offer 401(k) or similar retirement plan. If your job has 401(k) that includes a company match you should contribute enough income to receive that company 401(k) match which typically represents a 100% return of your investment. You should confirm what if any benefits your union provides toward retirement.
Why can’t I reinvest dividends on the app?
How do you buy an ETF with a dollar amount? I don’t see that feature on my Schwab account. It’s weird!
Received my Luxembourg citizenship last Monday <3 Article 7!
I got mine in October !! Moien friend!!!
defaulting to market orders every time is not a good idea. look at your orders every time you place them and you will notice every time you setup a market order you lose money in the transaction. This is due to the supercomputers they use. Whenever you place the market order a much faster supercomputer knows the order is coming (from a person that is willing to pay whatever price a security costs) and places your purchase at the highest possible value that most time does not match the price you saw in the screen when you pushed the button. The best way to prevent this is to place a limit order instead because that forces them to give you the price you specified when you pushed the button. in summary when you tell a seller you would pay "whatever the price is" on any item why would they sell it to you for the lowers price possible, they are there to make money so of course they will sell you that item for a higher price and this is what happens every time you chose to place a the market price security purchase. you can look it up and inform yourself. at the market purchases are most def not the way to go, always always purchase securities with a limit order instead. * when placing a limit purchase do not forget to unlock the little "lock icon" button that will automatically update the price as it changes every second guaranteeing you the lowest possible price before placing your order.
They don’t show any details of , credit report like .. collections , etc ?
this was so helpful thank you for this series
How to come out on top: Be part of the elite in crowd or grift others into thinking you're an expert investor.
Who do file for a credit report after being turn down for a line of credit through company that turn you down
What concerns / suggestions do you have regarding the proposed tariffs ? How should we handle current investments.
Hi Alex did you need to travel to Luxembourg to obtain citizenship?
You do not. You can reclaim here in the US. Theres plenty of people who can help you do this, look into Kevin Wester. He's amazing! Theres multiple ways to claim citizenship with Luxembourg depending on your lineage, so I appreciated having help filing my papers. Its a small country, and I sent my papers in September, and got my nationality certificate a month later. It can take up to 6 months, but it being a smaller country makes it SO much faster.
@ thanks so much for the info!!!!!
Worst platform ever, fidelity makes it 100000000 times easier
Good job, Alex. Though there are now dozens of extremely popular daily covered-call ETFs offering weekly distributions, too. 😊