Roth IRA Investing in 10 Simple Steps

by | Nov 19, 2022 | Simple IRA | 6 comments

Roth IRA Investing in 10 Simple Steps




The magical Roth IRA … You’ve heard that you need one. Or if you have one, you’ve heard that you should be taking full advantage of it.

What is so excellent about a Roth IRA?!

That’s what I’m reviewing today … let’s start Roth IRA investing!

INVESTING RESOURCES
blooom (Free portfolio analysis):
Fidelity (low-cost brokerage):
Vanguard (low-cost brokerage):
XY Planning Network (fee-only financial advisors):

BUDGETING RESOURCES
Mint:
YNAB:

SAVING RESOURCES
Ally:

CHAPTERS
0:00 – Intro: Roth IRA Investing
1:09 – 1. Make Sure You Are Eligible
2:03 – 2. Have an Emergency Fund
3:00 – 3. Save for the Minimum Investment
4:20 – 4. Choose Your Investment Partner
5:13 – 5. Understand Expense Ratios
6:00 – 6. Take Advantage of Index Funds
7:41 – 7. Diversify Your Portfolio
9:31 – 8. Consider a Financial Advisor
10:19 – 9. Invest for the Long Term
11:12 – 10. Rebalance Annually
13:14 – Final Thoughts on Roth IRA Investing
13:48 – What do you think?
14:08 – Close

#RothIRA #RetirementInvesting #TaxFree #PersonalFinance

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LEARN MORE ABOUT: IRA Accounts

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CONVERTING IRA TO SILVER: Silver IRA Account

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6 Comments

  1. Influential Finance

    Roth IRAs are awesome. Along with HSAs, Roth IRAs are one of the best financial tools to grow your wealth! I'm also all about Fidelity – they are great. Awesome tips Andy!

  2. David Bartsch

    Let’s say I have $20k cash I want to invest. Looks like an IRA only allows $6k max. What are my options there? Can I open multiple IRA accounts and combine them later?

  3. Wishful Thinking

    Can you have more than one retirement account?

  4. na

    Awesome share bro. Roth IRAs are must investments. People should invest more on this.

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