Opening A Fidelity Roth IRA Tutorial [2022]

by | Aug 25, 2022 | Fidelity IRA | 31 comments

Opening A Fidelity Roth IRA Tutorial [2022]




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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31 Comments

  1. Seraph

    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.

  2. Seraph

    Very nice video, got a sub from me.

  3. Nicole Cobb

    While the information given is valuable, the actually tutorial on how to open up a Roth IRA does not begin until 10:46.

  4. Josh Anderson

    If you buy shares in a Roth, can you sell and move those gains to another stock?

  5. boomchaka77

    awesome. super helpful. thank you!!!!

  6. Miriam Imperial

    Awesome content. Thank you so much for sharing!

  7. Alaska Pirates

    Best video I have seen so far. Thank you, I really appreciate it.

  8. Alaska Pirates

    So, if I am a seasonal worker, I can still pay into it annually correct?

  9. JasmineCB2013

    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

  10. ILL State Fishing

    Dang 2 years late but I did make my 2020 and 2021 max deposits this year!!

  11. Barry H

    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?

  12. Nicky Thao

    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.

  13. Luca Gonzalez

    Lol the title says [2021] but it was clearly posted 2 years ago. Not mad at it. Respect bro

  14. LadyD

    Can you make a video on Fidelity Go? They charge a fee to manage the account. Is it worth it?

  15. Von Kiss

    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?

  16. Eduardo Garza

    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.

  17. AJ Labbe

    Basically, we can get stolen from now or stolen from later?

  18. Vinoth Chandran

    nice simple explanation. thanks.. going to open a Roth right now

  19. Mez Zem

    What do you think about annunities

  20. Donald Taylor

    what core position should we choose? SPAXX or FDIC insured sweep

  21. Andrea Torres

    Does it matter what year you contribute to when starting?

  22. Luis Toribio

    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?

  23. jennifer doblado

    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

  24. ananda boateng

    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?

  25. Laysa Coronado

    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?

  26. Eli Lagacy

    Best Roth IRA vid on youtube, thanks man!

  27. Nicka B

    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.

  28. Jared Swit

    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?

  29. FalseInception

    says 2020 but uploaded in 2018

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