Thank you for actually showing how to buy! I’ve seen a million videos talk about how amazing this is, but never say hey if you put money in you need to buy the stocks or how to. So THANK YOU!
Hi Phillip ! This is my first time watching your TH-cam channel. But I really like your presentation, the way you explain how to do step by step is very clear. I never doing any investment.
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family...
I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks.
@@OnkelFrauenknecht Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. *MARGARET MOLLI ALVEY* , a licensed fiduciary whom has made me over 5 figures in profit in less than seven months, handles my investments. I could leave you a lead if you need help.
Great video! I have been investing in the stock market since early 2000 by contributingto a 401k. Currently I have 40% of my account balance is Roth and I plan on getting to 75% in Roth. I just opened a Roth IRA with Vanguard for more flexibility. You probably know this. But your viewers may not. Keep in mind that the five-year clock begins ticking on January 1st of the year you made your first contribution to the account. That means even if you made your first contribution on Dec. 31 of a given year, you get to count the full year toward the five-year rule.
I am 19 years old. Is it a good idea to open a Roth IRA this early? If the answer is yes, then should I invest 3,000 dollars immediately to buy and index fund if I have the money for it?
It is definitely a good idea to open a Roth IRA at 19!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! I have been investing in the stock market since early 2000 and I am 42 years old now. Do not pay attention to market downturns because you have a long time to retire. I know easier said than done. But take it from someone that have gone through some very difficult times investing in the stock market , specifically the years of 2000 , 2001 and 2008. I am forever thankful to my parents in telling me to just keep investing. I am glad that I listened to them. Because it has paid off enormously! Compounding interest is a beautiful thing!
After watching your channel, I would like to open the roth IRa & start investing. But I do have a couple question : I have 3000 dollar free to transfer from my bank account to the roth IRA, and would like to contribute 200 dollars every month to the s& p 500 coo ETF. Do I just set up the automatic investing in the vanguard account, then that 3000 dollars in the roth IRA will automatically put that 200 dollars to invest ? Or can you give advise how should I do ? Thank you so much!
Hello, I have a Vanguard Roth IRA where I have it set to auto - target age. Can I also open a Vanguard Roth IRA brokerage where I can buy and sell EFTs and have both? Thanks.
Thank you for actually showing how to buy! I’ve seen a million videos talk about how amazing this is, but never say hey if you put money in you need to buy the stocks or how to. So THANK YOU!
The best and easy-to-understand video I've come across for Roth IRA!
Thankyou for breaking it downing in layman terms, also your voice is so smoothly that it is easy to listen to!!!
Very informative video. Love the screenshots its very helpful.
Very informative and easy to understand
Thank you this was incredibly helpful 🙏
Hi Phillip ! This is my first time watching your TH-cam channel. But I really like your presentation, the way you explain how to do step by step is very clear. I never doing any investment.
Thank you for this amazing video!
Such a helpful video! Thank you!
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family...
I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks.
@@OnkelFrauenknecht Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. *MARGARET MOLLI ALVEY* , a licensed fiduciary whom has made me over 5 figures in profit in less than seven months, handles my investments. I could leave you a lead if you need help.
@@BinuDauti Oh please I’d love that. Thanks!
*MARGARET MOLLI ALVEY*
Lookup with her name on the webpage.
so helpful bro!
Why not the retirement option?? Why personal investors??
Great video! I have been investing in the stock market since early 2000 by contributingto a 401k. Currently I have 40% of my account balance is Roth and I plan on getting to 75% in Roth. I just opened a Roth IRA with Vanguard for more flexibility. You probably know this. But your viewers may not.
Keep in mind that the five-year clock begins ticking on January 1st of the year you made your first contribution to the account. That means even if you made your first contribution on Dec. 31 of a given year, you get to count the full year toward the five-year rule.
can you add recurring deposits? and also invest the money deposited automatically to whatever etfs we want?
I am 19 years old. Is it a good idea to open a Roth IRA this early? If the answer is yes, then should I invest 3,000 dollars immediately to buy and index fund if I have the money for it?
Yes , on avg your money will double every 7 yrs. I am 50 and wish i would have started in my teens. You will be a multi millionaire
It is definitely a good idea to open a Roth IRA at 19!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
I have been investing in the stock market since early 2000 and I am 42 years old now. Do not pay attention to market downturns because you have a long time to retire. I know easier said than done. But take it from someone that have gone through some very difficult times investing in the stock market , specifically the years of 2000 , 2001 and 2008. I am forever thankful to my parents in telling me to just keep investing. I am glad that I listened to them. Because it has paid off enormously! Compounding interest is a beautiful thing!
Hi! Loved your video! Would love some more insight on which mutual fund or index fund I should invest in! :)
After watching your channel, I would like to open the roth IRa & start investing. But I do have a couple question :
I have 3000 dollar free to transfer from my bank account to the roth IRA, and would like to contribute 200 dollars every month to the s& p 500 coo ETF. Do I just set up the automatic investing in the vanguard account, then that 3000 dollars in the roth IRA will automatically put that 200 dollars to invest ? Or can you give advise how should I do ? Thank you so much!
what kind of calculator are you using?
I have to call them to set up my account.... All that work and i need to call 😢
I don't have 2000 minimum atm. But can I transfer money every time I get paid till I do have enough?
What is gonna happen if for instance you’re unable to contribute sometime in the future?
Sorry, brand new to this. Should i just put my 7k into vti every year?
Hello, I have a Vanguard Roth IRA where I have it set to auto - target age. Can I also open a Vanguard Roth IRA brokerage where I can buy and sell EFTs and have both? Thanks.
Yayyy for Roth!
Mine doesn't ask me to wait for qualification
Can you still invest in the Roth IRA at the age of 52