How To Invest with a Roth IRA 2021 [FULL TUTORIAL]

by | Aug 1, 2022 | Roth IRA | 46 comments

How To Invest with a Roth IRA 2021 [FULL TUTORIAL]




In this video, I am taking you step by step through how to open up a Roth IRA retirement account and start investing for beginners. A Roth IRA can be one of the smartest tax advantaged accounts to use, and I’ll give you actionable steps to get started today! This video will be life-changing if you implement the steps I go through.

►M1 Finance Roth IRA (free to open):

^I highly recommend using M1 Finance as a reliable and easy to use Roth IRA platform.

► Get 2 Free Stocks on WeBull when you deposit $5 (valued up to $2,300):

► Get a FREE Stock with Robinhood:

► Get $10 FREE Bitcoin on Coinbase:

► Get $25 of Bitcoin with Gemini:

If you want to retire a millionaire, investing can definitely help get you there. Though past performance doesn’t equate to future performance, any seasoned investor knows that the stock market has provided a lot of wealth for those who put their money into it in the past. I personally max out my retirement accounts because I love that they have such big tax benefits.

We’ll go through what these benefits are, who can open a Roth IRA in 2021, and the income limits. Then, I’ll take you through M1 Finance, which is one of my favorite platforms with a stellar Roth IRA account. I’ll do a walkthrough of the app and how you can use it. This will be a comprehensive tutorial on how to start a Roth IRA today.

I am not a financial advisor so please take this video for entertainment purposes only – invest at your own risk and do your own due diligence before investing in any stocks! Happy investing and I’m rooting for each and every one of you to build long term wealth.

See also  Discovering the Best Approach for Converting to a Roth IRA

If you enjoyed the video, please consider liking and subscribing for more videos like this. Also, consider using my links above if you’d like to support the channel. The whole point of this channel is to inspire and educate people to pursue non-traditional sources of income and build wealth. Thank you for watching!

-Charlie

And if you want a FULL beginner’s guide (this is a 1 hour long FREE course I made), watch it here:

My Investing Strategy For 2021:

My Journey from $800 to $86,000 per Month [Millennial Entrepreneur]:

#RothIRA #Tutorial #StepByStep…(read more)


LEARN MORE ABOUT: IRA Accounts

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REVEALED: Best Gold Backed IRA


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46 Comments

  1. Charlie Chang

    Who else thinks the Roth IRA is one of the greatest retirement accounts in the world?
    Links in the description to get M1 FInance and free stocks 🙂

  2. Davis J. Miller

    THE SECRETE TO MAKING MILLIONS IS SAVING FOR A BETTER INVESTMENT. I ALWAYS TOLD

    MYSELF, I DON'T NEED A NEW RIDE OR AN EXPENSIVE VACATION JUST YET. THAT MINDSET

    HELPED ME MAKE LOTS OF MONEY ON INVESTING. I MAKE STEADY WEEKLY PROFIT

    BY INVESTING THROUGH A PORTFOLIO MANAGER, SUZANNE STEPHENS ELLIS.

    IT IS GOOD TO HAVE JUST MORE THAN ONE GOOD SOURCE OF INCOME.

  3. AMC

    Hi I'm beginner. I want detail or simple explanation to make clear in my mind. What does you really mean when you said on the end "Just continually put money in"? you mean is continue investing buying more stock or whatever you have in your Pie?

  4. Fosyd Express

    <I look forward to your show more than any other. the content, analysis, and the way you present your content is fantastic. It's been pumping and dumping in this range for ages! It's technically just going sideways, sideways means generally stagnant. But could be worse could be stocks.I’m always in the game no matter what! I’m also steady DCAING. Whenever we have dips like this I buy extra of my top 3-5 projects. .Mr Sam Williams also has been doing an excellent job evaluating all charts, trades Signals on BTC, which has helped my portfolio grow to 5.7 BTC..

  5. Michelle Henson

    I wish I had this kind of information when I was young!!! I'm 50 now ☹️, But I guess it's never too late to start right?

  6. PharrelThirty

    Bout to start one turn 18 tm

  7. Adam White

    best video for roth accounts

  8. Foro OM

    What if you withdraw the money before you are 59yr old?

  9. Jason Davis

    Average annual income is $60k? Where do people come to with these numbers? I've heard the average is $40k to $75k and I don't believe any of those numbers are close. $40k is closest and probably higher than the true average.

  10. slap twin

    Can we have multiple IRA's

  11. Candice Ryan

    Excellent overview..thank you!

  12. RV VIDEOS TV

    do they have QYLD?

  13. sookyb

    Do you have tips for US citizens living abroad wanting to invest in a ROTH IRA with only foreign income?

  14. Allison Wright

    I have seen so many videos and I get confused even more, I wanna

    start my retirement plan and I clearly do not know how to

    go about it. I heard of Roth IRA but I need to know

    more. Any good advice/ideas will be great.

  15. John Jackson

    Could I trust M1 Finance with my Roth IRA? It seems sketchy but I like being able to allocate my money with the pie. And I don’t mean sketchy in the sense that they’re a scams or anything, but put up against Vanguard or Fidelity, M1 Finance seems more unstable

  16. visuals

    The government deff doesnt care about us

  17. chuck jordan

    Was thinking how would a covered call ETF like ryld do in a Roth IRA….?

  18. Jupiter G. Dickson

    Great content I must say. As a first time investor I started trading with Suzanne Stephens Ellis with $86,000 months ago, through her platform. Now I made over $236,000 trading with her just last month, Her professional strategies are excellent.

  19. Madmarcos

    Well explained ! Questions: if I’m a business owner, my contribution is determined of what I make grossly or after taxes ? Also, where is it noted the amount I have contributed for the year?

  20. Manny A

    Hey Charlie does m1 finance has index funds like vtsax or is it only etfs??

  21. Roony Devid

    So if this year i lost my job and no money to put into roth ira it is ok?Do I have to put money in my Roth IRA every year?

  22. Viri Del Rio

    What's the minimum amount you can deposit? Do you have to deposit 500 a month or can it be less

  23. Kitty Kat

    Which is better to do your Roth IRA? Vanguard or M1 ? I rather have one I can focus on then two

  24. kenny omega

    Can you have someone at a Fidelity or TD Ameritrade do the legwork and find the right stocks for you to put in your Roth IRA instead of trying to do it yourself?

  25. kenny omega

    Can you have someone at a Fidelity or TD Ameritrade do the legwork and find the right stocks for you to put in your Roth IRA instead of trying to do it yourself?

  26. HALILUL RAHAMANE

    Can married couples have two roth ira if both are earning.?

  27. Izik Ilyaguyev

    Great video! Can you please share your thoughts on my ROTH IRA portfolio? I am 38. Thank you and KEEP UP THE GREAT JOB!

  28. Booktok

    Question …. So let’s say you’ve opened an account and have been maxing it for a couple years and have quite a bit of money. Could you lose ALL of it based on a bad judgement call and then have no money for retirement ?

  29. Kennith Hamer

    Roth IRA and a Roth TSP are totally different correct?

  30. Nehmeh Wassel

    What if this app someday shuts downs after u put money into it. Do u lose ur Roth IRA account

  31. Lois Whitley

    Is the costs of the stocks part of the $6000? Or can I contribute $6000 one I purchase the stocks I want in my Roth IRA?

  32. Q D

    If you have a regular M1 account and you want to open a roth ira account with m1 can you transfer what's in your regular m1 into your m1 roth ira account??

  33. Susan Bradley

    Amazing Video, investing in the stocks market was my wisest decision before retirement and today i've really making good profit from it enough to get 2 new home and a car.

  34. Mark Zagata

    I love this Channel bro

  35. LordsGaming

    But tax free when 59 age…. U know the future? What are u talking about? U understand that? U know u alive when u cross 59 age?

  36. Andy Robles

    I just wanna say thank you! You’re vids are so easy to understand. When I learned how to invest and a lot I didn’t know about finance thanks to your videos.

  37. Meta Mask

    Hey charlie, I just turned 43, and I’ve decided to invest in the financial market, I have over $200k invested, I need tips on how to grow that’s to $1.5million in two years and retire at 45

  38. Louis

    Hello Charlie, I’m not a US citizen and i want to set up a Roth IRA account, is that possible?

  39. Anthony Nguyen

    Can u do one for those making over $140k, which is most of us now. On how we can get into Roth IRA?

  40. Izzy G

    Is it possible to transfer currently owned stocks to a new M1 finance account ?

  41. Jason Chong

    Is WealthFront a good place for a Roth IRA?

  42. DJ Cook

    What are your thoughts on people investing in these new coins worth 0.00000001?? Smart or nah

  43. ciera

    thanks Charlie! Gonna get on this ASAP

  44. Faye'sLoc'dLife

    I'm definitely about to do this right now! Thanks for the great information! 🙂

  45. Hemangini Pooja

    Always good watching your videos Chang, it enlightened me some more not to depends on just my salary earning. Ever considered making profits from trading and stock investments? My retirement got easy because I make thousands of dollars weekly on my investments.

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