When setting up an IRA (individual retirement account), there is one crucial step many people often forget that will ultimately cost you thousands. Whether you’ve opened a Traditional IRA or Roth IRA, you can still make the same mistake. Today I’ll be sharing that mistake and what you can do to set up your IRA for success.
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INVESTING IN A GOLD IRA: Gold IRA Account
INVESTING IN A SILVER IRA: Silver IRA Account
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I made this exact mistake. I had $10K hanging out doing nothing for a decade! I had no idea you could invest that. I opened it aged 22, and didn’t know you could invest it until I started listening to Dave Ramsey.
I’m so glad I watched this it came up on my feed I changed to a Roth IRA last year but even though my money was going in I notice it wasn’t collecting interest like my traditional 401K thanks so much!!
I made this mistake but realized the mistake in 2 weeks after watching your ETF/target date fund videos.
do you have any objections to adding growth stocks to your Roth Ira
I love your channel and I just subscribed to it.
Wise Advise Thank you.
Another great video. I do have one question though… Are we able to open Roth IRAs for children?
Your poor cousin! So glad you stepped in and saved the day. Great video!