I’m a Computer Scientist working in Artificial Intelligence (AI) who’s passionate about investing and in this video I go through a step-by-step guide in how to open a Vanguard Roth IRA and purchase stock / index funds. Vanguard’s website is not user friendly, and I’ll help you navigate through the site. The is the ultimate Vanguard Roth Ira Guide.
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Track your net worth + get $20 free:
0:00 Why Invest In A Vanguard Roth IRA
2:20 Opening a Vanguard Roth IRA Account
6:50 Add a Bank Account
7:17 How to Buy Stocks
12:28 Automatic Contributions and Investments
15:41 Set Up DRIP
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Can anyone give some testimonials "victories" while using Vanguard? I'm super hesitant to start using investment sites but I know my money is slowly using value as time goes on! Anyone have any noteworthy achievements while using Vanguard over the years?
This was EXCELLENT! THANK YOU!
So I buy etf from Roth IRA and then whatever it makes goes back into the Roth IRA account automatically? How many shares should I buy to start or per year?
I opened a roth ira and contributing what I can, right now I only have 300 in it, what stocks or mutual funds can I invest in? I wanted to start investing in the VFIAX but I need to have 3000 to start contributing so it denied me. I am very confused on where to begin.
Wait so can I buy fractional share of Vanguard index admiral funds ??? I know that when it comes to ETF's one has to buy it at full price but I wasn't aware that Vanguard allows one to purchase fractional share when it comes to their admiral index funds aside of dividends reinvestment.
I tried opening a Roth IRA but I keep getting the response "You don't have permission to transact on any accounts" and this is insanely frustrating. Any ideas on what's going on here?
YOU are the only man among the 1000s of money gurus that actually shows how to use the IRA settlement fund and purchasing the stocks. Everyone just screams to invest in a ROTH IRA and does NOTHING AFTER THAT. Your video was a godsend, i kid you not my Roth IRA has just been sitting for the past 5 years because i didnt know i had to trade the giant pile of money sitting in my account.
thank you so much brothere! very helpful
Hi do you know if it is possible set up automatic investing for etf in a Roth IRA? When I follow this process the only option for deposit that I am given is to the settlement fund. Thanks in advance!
This is the best video of Vanguard funds I've seen so for. I was given helpful information that I should have gotten 3 years ago. Please need more of these wonderful presentations.
Hello Sean, I had some money saved and set up for 2021 and 2022 and now it looks like a lump of money, wondering if this is going to be a problem on my taxes. What form do you use for taxes to report this investment? Thanks for the video!
Sean you need to make a more in detail video on limit order and stop order. The example you gave on this video was too short and a bit confusing. Will be looking forward to that.
Why didn’t you reinvest your settlement fund?
You’re right this site is not the most efficient. I have Vanguard right now through my job. I only have a 401k setup right now. I was hoping to enroll in the ROTH IRA tonight, but not sure where to start on the site.
Amazing video!! Thank youuu!
Hey Sean,
Great video! Quick question, though. Vanguard does not allow automatic investing on ETFs or Index Funds because they do not allow fractional shares. They say that we can only automate Mutual Funds. Does that mean we need to go in every month and manually invest these from our money market?
If so, do you have a suggestion on how to round about what you're buying when you're nearing the end of your 6k limit of the year?
Thanks!
Hey Sean, great vid, thanks for all the advice! I just opened my Roth IRA on Vanguard, and previously had a stock portfolio with vanguard. Upon opening, Vanguard asked me how much I planned to contribute for 2021 and 2022. I selected the max amount, but now it looks like they're going to draft my bank account for $12,000? I don't have that money in my bank account and was only planning on adding $500-$1,000 per month. Please advise. Thanks!!!
Hello Sean im from malaysia how to investment on vanguard ? thank you so much
I really love your videos, and thank you for the info. I would like to automatically reinvest my EFTs. on Vanguard, but I don't see that possibility. Is that possible, or do I have to go into the account each month and do it myself? Thank you.
DUDE! Great freaking video! You seriously saved me a huge headache! Thank you so much for making this video!
Question: i am a stay at home mom and currently not working. And not sure when i will want to start to work again but i have my 401k about $18k from my previous employer that is still sitting there and with a S&P 500, should i keep it with my previous employer still or is it better to rollover to the vanguard Roth IRA? Plz help
Hi Sean,
I opened vanguard Roth ira just 3 days ago. I trying to buy appl but can’t buy. Pop up shows..
‘This order can't be accepted because it would exceed your current available balance.’
I have 6000.00 in my account.
Thanks for this video. I just opened mine now from watching this, simple and straight to the point !!
This isn’t call of duty what the heck
So u can only automate mutual funds and not the etf?
Hi Sean. Thanks for the informative video. I opened my Roth IRA through Vanguard a few days ago now. I am definitely a novice investor, so I have a question: all of the money I contributed to the Roth IRA is currently sitting in the Vanguard Federal Money Market Fund (Settlement Fund). I am under the assumption that this does absolutely nothing, and the money just sits in that account not accruing interest or anything. Do I have to purchase other funds from that settlement fund? Could you shed some light on this? Thanks!
Regardless of how you'd want to look at it, trading with the assistance of a reliable expert is an unrivaled advantage, not everyone is built for these ups and down both emotionally and financially.
Hey Sean, thank you for clearing some things up. I just opened up my Roth IRA and deposited $100 to see how it works first. I tried to use those $100 to buy the VTSAX like in your video, buy it's showing that the $100 is in the Federal Money Market like the one on yours. How do I get it out of there and put it into the VTSAX? or is it already invested in whats called the Federal Money Market? I don't know what that is. Any help is appreciated brother, Thanks again.
I was saying yes when you said the website is terrible. That's why I am here lmao.
Which option do I choose to buy index funds?
Apple stock was worth 300?
Excellent video, I was confused but now finally opened my Roth after watching this. Thanks so much!
Hey! I am also a Computer Science student. I have thought about A.I and even did a course on it but I think I may swing over to cybersecurity. It would great if I could connect with you on linkedIn or another platform!
How do you put money from your bank into vanguard to buy things? Every video i see on this topic NEVER shows the exact steps from start to finish to put money into vanguard account. Like WTF? For example, i just set up my account with vanguard. My bank is linked and everything is completed. Now what good is all that if i have $0 on rhe account and cant figure out how to move my $100k from my bank into vanguard? The most important thing is the most confusing and hard thing to do. Everything else about setting up the account was easy AF.