Here is how (and why!) you should open a Fidelity Roth IRA – Enjoy!
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Opening A Fidelity Roth IRA // This video will be a full on Roth IRA tutorial. Whether you are opening a Fidelity Roth IRA or with any other online broker, this video will show you the advantages of a Roth IRA and how to open a Roth IRA and start investing today. Additionally, I will show you what is in my Fidelity Roth IRA, and what the interface looks like once you have opened your Fidelity Roth IRA.
By opening a Roth IRA account at a young age and understanding how they work, you set yourself up for massive advantages down the line. After opening my Roth IRA a few years ago it’s already worth over $30,000 and is on track to surpass $4 million by the time I retire!
This video is going to walk you through exactly how you can get started with a Roth IRA and fill you in on exactly how these accounts work so that you walk away feeling confident. Enjoy!
#rothira #investing #fidelity…(read more)
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I think anyone 10+ years out from retirement would benefit from the compounding interest from reinvesting their dividends. Obviously, the more years, the more you will see the power of the compounding interest effect.
Very nice video, got a sub from me.
While the information given is valuable, the actually tutorial on how to open up a Roth IRA does not begin until 10:46.
If you buy shares in a Roth, can you sell and move those gains to another stock?
awesome. super helpful. thank you!!!!
Awesome content. Thank you so much for sharing!
Best video I have seen so far. Thank you, I really appreciate it.
So, if I am a seasonal worker, I can still pay into it annually correct?
Cool! I know some of this information has changed over time, but the concept still the same! I am so thankful to find this! Thank you
Dang 2 years late but I did make my 2020 and 2021 max deposits this year!!
You mentioned reinvesting the dividends on a couple of your stocks… does Fidelity break that down for you, and just give you the option to do that?
I have a 20k Robinhood account. Am I able to transfer all those stocks and cash into a fidelity Roth IRA? Or do I have to cash everything out then start contributing. I’m tired of paying taxes on my dividends.
Lol the title says [2021] but it was clearly posted 2 years ago. Not mad at it. Respect bro
Can you make a video on Fidelity Go? They charge a fee to manage the account. Is it worth it?
I'm about to open my ROTH IRA but it gave me the option of FDIC or SPAXX? Do you know the difference between those?
Buddy, this is by far the best, most detailed, down to earth video on investing. Really a guide for the rest of us. Besides being knowledgeable you have a natural ability to explain complex material. Congratulations and keep up the amazing work.
Basically, we can get stolen from now or stolen from later?
nice simple explanation. thanks.. going to open a Roth right now
Thanks
What do you think about annunities
what core position should we choose? SPAXX or FDIC insured sweep
Does it matter what year you contribute to when starting?
With the Roth IRA do I have to invest for it to grow over the years? or does investing just makes it grow more over the years?
I want to have a Roth IRA and get mutual funds on s&p 500 is that a smart move? I’m 20 and I’m trying to start investing my money
Hi I hope you can reply to this! I just turned 18 and I want to create an account with them. What would happen if I create it and then get a job in the future that also offers their own Roth IRA? Would I be able to transfer fidelity into them?
I have a question, when you’re opening the account through fidelity, it asks for your core position and gives me the two options which are: SPAXX and FDIC.
Which would be a better option? Or can you explain each of them so I can understand the difference? And can this be changed later?
Best Roth IRA vid on youtube, thanks man!
Valuable info young man and I THANK YOU SOOOOO MUCH for helping me. Many times, I’d feel intimidated to sit with someone to ask questions when I know so little. This is helpful. THANK YOU.
So I used to put in $300 of money into long term stocks on robinhood. (ETFS) Should I now stop doing that and instead put the $300 into my new Roth IRA account? And continue to trade options on my robinhood?
Thank you so much!!!
says 2020 but uploaded in 2018