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LEARN MORE ABOUT: IRA Accounts
INVESTING IN A GOLD IRA: Gold IRA Account
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I understand the concept of putting money into the Roth IRA and then after that investing in index funds, mutual funds, etc. My question is when does compound interest take place? Does the Roth IRA do it automatically? Whats the difference between these compound interest returns and dividends?
So how does it accrue interest if the money is invested into a fund?
I agree with all this except 100 % Tax free….the money you invest is tax free but not the interest earned.
Should i shop around and look for the best interest rate? Also, should i go 401k since i can invest more or take advantage of the after tax benefits of the roth. Im 21 so i want to save as much as i can since i have alot of time to compound it.
This was so clear and helpful. Thank you!
can someone explain to me how the interest work for roth ira? i just started mines and invested it in agnc and xom , but do i get interest for investments and dividends on top?
I didn’t know I had to invest either but I just found out a couple days ago I’m good because I just started my account so I went in and invested in some stocks and ETFs
love this guy, first video i've watched created by him. easy to listen, understand, and hits all points that people NEED to know for creating and leveraging compound interest in a roth IRA! subcribed 🙂
how will inflation affect the purchasing power?
Thank you! When I started my Roth IRA, I was under the same impression that I would add my money to the account and there was not a need to “invest”. I eventually figured it out, but it would of been great for that information to be clear when I opened my account.
I don’t think stocks have compound interest, does it?
Do you have to invest in stocks in a Roth IRA? Or I can just deposit money and leave it there
Very misleading. You are using an arbitrary return rate which I did not hear mentioned. Everyone's results will vary. You can withdraw your contributions at any time without penalty.
Jason, first of all, thank you for sharing this with us. And I have a question for you, can I invest my money on my Real Estate company? Meaning, can I use the money on my ROTH IRA account to fund my rehabs, and pay myself interest? Please let me know. Thank you Sr.
Jason do you ever answer any of your Facebook messages, I have asked questions about your course your selling and got no response…. Jay
Excellent video! Thank you!
Good stuff! wish i had already started my ira