Here’s how you can make $1 million and pay $0 in taxes by using a Roth IRA to invest in the stock market.
The Only 6 ETFs You’ll Ever Need To Invest In:
How To Open A Roth IRA Step-By-Step:
► FREE COURSES AND MONEY MAKING RESOURCES
– Mayo University:
► FREE STOCKS
– Get up to 12 free fractional shares valued up to $30,600 when you open and fund $100 with Webull:
– Get free stock up to $300 with Public:
► HOW I MAKE MY VIDEOS
– All of my equipment:
– My music:
– My title effects:
– My graphics + stock footage:
– How I make my thumbnails pop:
► OPEN A ROTH IRA AND START INVESTING
– M1 Finance:
► FOLLOW ME
– Instagram:
*None of this is meant to be construed as investment advice, it’s for entertainment purposes only. The links above include affiliate commission or referrals. I’m part of an affiliate network and I receive compensation from partner websites. The video is accurate as of the posting date but may not be accurate in the future….(read more)
LEARN MORE ABOUT: IRA Accounts
TRANSFER IRA TO GOLD: Gold IRA Account
TRANSFER IRA TO SILVER: Silver IRA Account
REVEALED: Best Gold Backed IRA
PSA: First of all, I like your shirt today, great choice :). Second, all those bots in the comments pretending to be me and asking you to message them on WhatsUp… yeah, surprisingly, those aren't ACTUALLY me. So please do not ever send them ANYTHING.
I didn't understand how $1M intro related to Roth IRA? You still will pay taxes on the income, but by putting those $500k after tax to Roth IRA you will eventually gain the paid taxes back? I mean, sure, but your money are going to be locked under 8% for 40 years? How much of a leverage $500k can be towards your business or even investing in more risky things?
a laptop
What if I want to give my mom some money to put toward her Roth
How would it work if when you start a Roth IRA the income is less than what it’s capped at, but over time your income increases above that amount?
I want to be stable and secure but happy and not just grinding. Waiting for things to move and more good people in my life, now when will you notify me about wish processing? Lol
Help please
No wish for me. Just thankful for sharing your wisdom.
If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you, prevent inflation from eroding your savings, build generational wealth, and cultivate good habits and financial knowledge, you must be in the market.
The Roth IRA is "tax free" after you pay the taxes up-front. The growth in the account is tax free but it compounds on a lesser amount since you already paid the tax and reduced the principal when you earned it.
A Traditional IRA is "tax free" on the front end but you pay taxes on the gains (and principal) on the back end.
If you do the math, (same earnings to start, same interest rate, same tax rate) the amount at then end is EXACTLY the same.
You are really just betting that your tax rate will either be lower in the future than it is now.
bro give me some app now that i can earn money in
how are you friend
What should I do with my $5000 to ensure my money triples
I'm about to receive a check for finders fee. How do i avoid paying taxes on it? I'm assuming they're going to 1099 me. BAck story, I have an LLC from my asset recovery side hustle.
It's important to note that allocations to your 401k of your gross income lowers your overall taxable income.
Thank you so much Joshua, you explained this very well.
The stock market has been a really tough one this past months, but I watched an interview on CNBC where the anchor ‘Jim Cramer’ kept mentioning "…KARINA MATTIS…". This prompted me to get in touch with her, and from October 2021 till now we have been working together, and I can now boast of $540k in my trading portfolio.
What really guarantees financial security is several income streams and returns from investment, they can serve as a reliable source of income. I earned over €60,000 since investing in the forex market under the analysis of an experienced trader, Mr Zachary Allen Mark. I'm sure to earn more as the market becomes bullish. It is really profitable if an expert takes care of your investment plan, you don't have to be afraid of losing your capital, as these experts work towards winning and not losing your invested capital
My wish is to be able to eat all the sweets that I want and never get f$^%t hahahahahaha sweet addictions. Back to the topic………
10 seconds in and already annoyed that using marginal tax rate instead of effective tax rate for $1M. I know it’s not really the point of the vid but still a pet peeve
Money
I'm 42, sad to say I made terrible money decisions growing up which I'm presently paying for, been dedicating every waking hours towards my retirement and I'd really love to retire to Portugal with atleast $2million by, the market up and down is not helping at all.
Even with the economic fluctuation, and the downfall of some vital crypt0's I'm so excited I've been earning $45,000 from my $10,000 lnvestment every 10days.
New subscriber here.
Can I start to invest at 16 years old?
you're not paying $0 in taxes you have already paid tax on the money before it goes into the account. So on your example of $216,000 in contributions most people probably pre-paid $30,000 to $40,000 in taxes. Still a great idea though but not tax free.
Make me a success story !!!
I wish to have a business that give me a chance to work anywhere and still earn a good passive income
Or buy crypto assets and never pay taxes when you take them out. Buy from an unreported trade account, plenty of them out.
Bro I actually understood everything you had to say if anyone else tried to explain to me this type content I would have been like hu ? But you make do it straight and to the point without condescending to the viewer bravo thank you for your time and hard work – thank you sincerely
You amazing I love the way you put so much content into your videos you speak fast but very clear and concise bravo my friend keep up the stellar videos I'd have to give this video a 100 + on the info
This Is the best time to buy …. Remember, you buy when the Price is low and you sell when the price comes up. Don’t wait for the bull run before you begin._ — TERESA JENSEN WHITE
What about europ, do you know somthing?
Great video Joshua love this info
Wish I had a million dollars
When it comes to investing, we want our money to grow with the highest rates of return, and the lowest risk possible. While there are no shortcuts to getting rich, but there are smart ways to go about it
Hey Joshua just stumbled on your channel, love the content you're making and love how you're talking about these "boring" but extremely effective investments. Cheers!
50.%.
VRAU.bani.mej.banka.data.4.sept.2022.