Here’s EXACTLY how you can become a tax free millionaire on just $16 per day by using a ROTH IRA! WeBull Roth IRA
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Today I’m showing you exactly how to build tax free wealth in your ROTH IRA.
Today’s video is designed for beginners and seasoned pros and when I’m done I think you are going to be blown away so stay with me to the very end.
And I want to state from the beginning that Roth IRAs are really easy to setup and there is nothing complicated about them.
And if you think you make too much money to have a ROTH IRA then stick around until the very end where I’ll cover the Backdoor Roth IRA.
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Disclosures: All opinions are my own. Sponsors are acknowledged. Some links in the description are affiliate links that if you click on one of the product links, I’ll receive a commission at no additional cost to you. As an Amazon Associate I earn a small commission from qualifying purchases. I am not a financial advisor. The ideas presented in this video are personal opinions and for entertainment purposes only. FAIR USE is permitted by copyright statute that might otherwise be infringing. You, and only you, are responsible for your financial decisions.
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STOCK TICKER SYMBOLS:
TECL Stock Direxion Shares ETF Trust – Direxion Daily Technology Bull 3X Shares
TQQQ Stock ProShares Trust – ProShares UltraPro QQQ
ROM Stock ProShares Trust – ProShares Ultra Technology
ARKW Stock Ark ETF Trust – ARK Next Generation Internet ETF
QLD Stock ProShares Trust – ProShares Ultra QQQ
ARKK Stock ARK ETF Trust – ARK Innovation ETF
PBW Stock Invesco Exchange-Traded Fund Trust – Invesco WilderHill Clean Energy ETF
TAN Stock Invesco Exchange-Traded Fund Trust II – Invesco Solar ETF
ARKG Stock ARK ETF Trust – ARK Genomic Revolution ETF
PALL Stock Aberdeen Standard Palladium ETF Trust – Aberdeen Standard Physical Palladium Shares ETF Millionaire…(read more)
LEARN MORE ABOUT: IRA Accounts
TRANSFER IRA TO GOLD: Gold IRA Account
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REVEALED: Best Gold Backed IRA
Thank You Jerry. Great content.
Thanks Jerry! I just started at 51!
is this a better investment than acorns?
Great info.
Isnt the average rate of return 7 percent?
Fantastic video
Stop with the dumbass phrase. This is the most common kind of stock channel there is. Your content is ok but nothing special. That phrase is annoying. What a hubris LOL you should feel bad
Muy bien loco!!! Aprendiste a tomar mate en Bolivia? Videos muy buenos!!! Viste la película diarios de motocicleta? Te va a gustar!!!
i was thinking of putting the majority of my roth ira investment into a index fund like fskax, but shoot looks like ARK is where its at
I feel a lot better bout the future and in general.
great analysis. I need the backdoor IRA like you have told me before…guess I'll get my accountant to work…Only have a traditional IRA and missed my chance on a pension for my workplace due to covid. Always envy, but admire those who get to retire with a pension. Unfortunately in Healthcare, their aren't many left. Need to become a patreon!
How can i set up a roth ira that i can choose the etfs?
I’d rather invest $500 a month into property, which will bring me regular income, instead of waiting till I’m a 67 year old with cancer and zero will to live.
Great points
Unfortunately, I am late in the game. I wonder if I should open Roth IRA account and feeds it monthly, or have that money deducted from my pay check automatically.
I cant buy tqqq on vanguard its so confusing. The error says buy orders are not permotted for leveraged or inverse products. So im assuming vanguard doesnt allow us to buy those type of etfs?
Hi Jerry, I just opened a Roth IRA today after watching your video and doing some research. I have learned so much in the last few months since I found your channel, it’s been amazingly eye-opening and educational. I know that the lessons I am learning from you will help me immensely throughout my life and I am super grateful for you and your videos, thanks a ton buddy!
Hi Jerry thank you so much for the info. I am 57, do I still have time to put money in Roth?
Very informative!
Is it possible for someone who lives off passive income though real estate property ownership to open a Roth?
Some who has no primary income.
Thanks!
Instead of ETFs can I just buy FAANG stocks? Will that also compound the same way? Thank you for your videos!
Quick question, i opened the Roth IRA through Webull but have not put anything in yet. Does it work the same as in regards to day trading & swing trading? As in i can buy/sell same day up to the PDT until I’m over $25k?
Thanks Jerry for your efforts & sharing your success & a bit of your life story & adventures.
Over 50 and maxed roth for 3 years, found out Vanguard does not allow leveraged products will stick to arc products but have way too much in Reits. Reits dropped during covid, I have less than I did in January 2020 (8 months later) so what to do with it? Should I open a new roth someplace else that will allow me growth like a fidelity, who will allow TQQQ and others? Thanks
The recent couple of years are crazy bull market. l felt like 20% is not going to happen every year. l would just be glad if l can have an average of 10% growth every year. I have a roth 401k account with my company but l don't see an option to contribute to roth IRA. Roth 401k is also after tax money/earnings tax free. The problem is that in my roth 401k fidelity account, l can't find ARK etfs lol. Do l have to open a Roth IRA and make the deposits myself every month with fidelity? Do they have an automatic deposits function? How are you doing it?
Quick question, Jerry.
If we sell our shares within the Roth at a capital gain, are those gains taxable?
Jerry, I became a Patreon Member. Your information is incredibly helpful. As a member, is there a way to communicate with you through email? I have some other questions.