In this video I talk about my $2,000 contribution into my Roth IRA. I also discuss how I will be handling the next $4,000 investment. I know this video is a bit redundant to prior content but $6,000 is still a lot of money for me to invest so once that has been invested, more diverse content will come out! Let me know what you think about investing in a Roth IRA – I”ll be happy to answer any questions that may be out there.
Timestamps –
0:00 – 0:32 Intro
0:33 – 1:05 – 2 Important Notes
1:06 – 2:30 – Benefits of Investing in Roth IRA
2:31 – 3:36 My Roth IRA Investing Strategy
3:37 – 7:06 – My Roth IRA Inside M1 Finance
7:07 – 8:12 – Maximize Contributions to Roth IRA
8:13 – 8:51 Outro
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Tags – roth ira for beginners, roth ira investing, roth ira explained, how to invest into a roth ira, dlitztv, investing for beginners, m1 finance for beginners, how to use m1 finance, robinhood investing for beginners, robinhood investing, webull investing for beginners, webull investing,roth ira m1 finance, roth ira strategy, roth ira, how to invest, vanguard total stock market index, vanguard ira
*Disclaimer* I am not a financial advisor. Any and all investment decisions must be made at your discretion. These videos are for entertainment purposes only. Also, some links in the description are affiliate links. They help support my channel without costing you extra money. The promotions discussed in this video are valid as of the posting date. Make sure you check to see if the promotions are still running….(read more)
LEARN MORE ABOUT: IRA Accounts
INVESTING IN A GOLD IRA: Gold IRA Account
INVESTING IN A SILVER IRA: Silver IRA Account
REVEALED: Best Gold Backed IRA
I have a 401k with my job. Should I roll that into a Roth IRA or keep it and open a separate Roth IRA? Thanks!
I'm 51 and planning to do the Roth IRA what do you suggest I should have in my portfolio?
Tax Deadline has been moved to May
I did a very similar vanguard portfolio in a non ira a little over a year ago because the interest rates are terrible and it's part of my emergency fund account combined with a monthly CD ladder and checking and savings account from the same bank.
Hey man! Loving and learning a lot from your content. I have a question- Can I sell stocks within Roth IRA to buy different stocks ?
Hey I watched the video on you saying that you want to buy a house. I would recommend reading rich dad poor dad if you haven’t already. I’m not sure if you plan on renting out the house or flipping it but I wouldn’t buy a house right now. Housing marketing is at its peak and is going to get a correction.
Great video,My Roth I have Vtsax and VNQ for inflation and dividends!
Current positions in my Roth IRA: VTI, VXUS, T, and O. I hope to max out by the end of the year
Started my ROTH about a month ago with $500. Right now, I'm investing in a target date index fund but I'm open to more ideas and suggestions!
I put max contribution $6,000 usd on June 2020 . Can I put max contribution $6,000 this month on March or I have to wait until JUNE ?
Good stuff as always! Loving how much content you’ve been putting out.
nice video what about if the irs extended the tax deadline to may 17 does that mean you can put in until may 17 for 2020?
I was under the impression that you pay taxes now with a Roth and that's why it grows "tax free" where as a traditional IRA you defer to pay taxes later.
What happened to transferring out of robinhood? I was hoping to see how that process works. I miss the dividends videos.
Do you like SCHD?
Excellent stuff! Thanks.
Only tax free if you get your money at the age of 62.
Might not have been a bad day for a bond huh? Lotta red out there today for sure.. just means things are on sale right! Great vid as always.
Can you invest for 2020 although I did my taxes?
Nice video, hope your investment does well!
Roth IRA is for sure one of the best investment vehicles out there! Also, side note: what kind of lens do you use?? Love your video quality
Subscribed!! Great content for us beginners. Keep up with the good vids.
Nice video Dalton, love the Roth. What are your thoughts on SCHD etf?
Hey what's good Dalton? Btw, tax deadline is now May 17th iirc
I’m 18 and going to be opening a Roth IRA soon, thoughts on higher dividend paying etfs like SCHD, VYM, SPHD? I’m also going to be putting others, not just these.
Roth IRA is what everyone should do first and then invest in a brokerage account if you’ve got more to invest
Whats good Delton!
Amazing intro, great information and same strategy as I'm on as well.
History has proven, that Index Funds, in the long run always yield between 6 to 12%.
Greetings from Switzerland!
Ayy!!!
✅
Early squad rise up!