MEGA ROTH 2023: How To Make A Million Tax Free

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Mark J Kohler

Mark J Kohler

11 ай бұрын

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Пікірлер: 1 400
@AlfieArchiei
@AlfieArchiei 22 сағат бұрын
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
@GabrielAnthony-09
@GabrielAnthony-09 22 сағат бұрын
I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.
@AlfieArchiei
@AlfieArchiei 22 сағат бұрын
@@GabrielAnthony-09 That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well
@GabrielAnthony-09
@GabrielAnthony-09 22 сағат бұрын
@@AlfieArchiei My advisor is Victoria Carmen Santaella
@GabrielAnthony-09
@GabrielAnthony-09 22 сағат бұрын
You can look her up online
@GabrielAnthony-09
@GabrielAnthony-09 22 сағат бұрын
Nah I Can't say I can relate, Victoria Carmen Santaella charge is one-off and pretty reasonable when compared to what I benefit in returns.
@user-mz7md4mi1j
@user-mz7md4mi1j 2 ай бұрын
With the potential AMS89K has shown, I wouldn't be surprised if it surpasses even the most optimistic expectations
@obsidianlionthecodekeeper3431
@obsidianlionthecodekeeper3431 Ай бұрын
BOT
@RobertEarlis
@RobertEarlis Ай бұрын
Thanks for sharing FET and AMS89H. 💯
@fgghvcggvvb
@fgghvcggvvb Ай бұрын
AMS89H IS HUGEEEE!!!! 😎
@SonalMohite-hh5fd
@SonalMohite-hh5fd Ай бұрын
It will soon all over the news
@SandeepChauhan-mw6un
@SandeepChauhan-mw6un Ай бұрын
really good project
@madarsabjorammanavar6818
@madarsabjorammanavar6818 Ай бұрын
Why everyone is talking about AMS89H?
@Shubhamjadhav-ss3kp
@Shubhamjadhav-ss3kp Ай бұрын
When the world knows this, we already x50 🚀
@WestonScally7614
@WestonScally7614 Ай бұрын
I have two pensions. I would much rather have had a Roth 401k throughout my working lifetime. $500/month invested from 25 - 65 at 9% is $2.3mil. I have $100k that i like to invest in a non-retirement account, Where would you invest this as of now?
@FelineAirstrip
@FelineAirstrip Ай бұрын
I would avoid the index funds, mutual funds, or specific stocks for the time being. 5% fixed incomes are the safest bet for now. Save your cash for when the market actually shows signs of recovery.
@AddilynTuffin
@AddilynTuffin Ай бұрын
Working with a financial advisor has been a game-changer for me. They provided invaluable insights and tailored strategies that aligned perfectly with my risk tolerance and financial objectives. With their support, I've seen significant growth in my investments and gained confidence in my financial future.
@Ogden1
@Ogden1 Ай бұрын
I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help.
@AddilynTuffin
@AddilynTuffin Ай бұрын
*Jennifer Leigh Hickman* has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend her if you want excellent collaboration.
@CrystalJoy-32
@CrystalJoy-32 Ай бұрын
Wow, her track record looks really good from what I found online. I'll take a chance and see how it goes. Thanks for the info
@nataliexm80
@nataliexm80 Ай бұрын
Bought AMS120X at 1$, I will keep it until 2025 when it reach 250$
@yeddadzst
@yeddadzst Ай бұрын
AMS120X is still extremely undervalued
@JuanCarlos_J
@JuanCarlos_J 2 ай бұрын
I want to invest roughly $70,000 in stocks since I've heard that even in challenging times, investors may turn a profit. Any excellent ideas for stocks?.
@MiquelMorterero
@MiquelMorterero 2 ай бұрын
@_LauraRowley How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
@RicardoMontilla185
@RicardoMontilla185 Ай бұрын
I just looked her up on the internet and found her webpage with her credentials. I wrote her a outlining my financial objectives and planned a call with her
@Ardy9908
@Ardy9908 10 күн бұрын
Shhhh boomer be quiet
@matturner8
@matturner8 4 ай бұрын
Investing in Roth IRA can be a good choice since they are funded with after tax dollars, your contributions can grow tax-free over time. When you withdraw money from your Roth IRA in retirement, you won’t have to pay tax on it, which will help you keep more of your hard-earned money. I retired with 5 million dollars
@KevinClarke9
@KevinClarke9 4 ай бұрын
I bet you didn't do that without a financial advisor. I’m also closing in on retirement, and I have benefitted much from using a financial advisor. I didn’t really start early, so I knew the compound interest of index fund investing would not work for me. Funny how I pulled in more profit than some of my peers who have been investing for many years.
@matturner8
@matturner8 4 ай бұрын
Haha. I definitely didn't pull that in myself. I knew next to nothing in finance. A good financial advisor really does make a lot of difference.
@ScottArmstrong12
@ScottArmstrong12 4 ай бұрын
Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?
@matturner8
@matturner8 4 ай бұрын
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Carol Vivian Constable for about five years now, and her performance has been consistently impressive.
@ScottArmstrong12
@ScottArmstrong12 4 ай бұрын
I just googled her name and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a call.
@FennaVa
@FennaVa 5 ай бұрын
I am 53 years old and consider myself to be a high earner. My job provides me the option to contribute the employer contributions to my Roth 401k. Should I do that or should I continue to direct that to my Traditional 401k ahead of retirement?
@ralfbrown-kl1gp
@ralfbrown-kl1gp 5 ай бұрын
You're doing well for yourself but it is better to seek help from a professional. I am sure that an expert with experience provides more edge than a KZfaqr.
@marcellasilva4015
@marcellasilva4015 5 ай бұрын
As a high income earner can you easily afford to contribute max of $22,500 to your traditional 401(k) and towards retirement? What is your Federal Tax Bracket and percentage of company match? I f you don't know all this then its best you consult with an advisor.
@noahzimmerman-yg6qt
@noahzimmerman-yg6qt 5 ай бұрын
Mind if I ask you to recommend this particular coach you using their service?
@marcellasilva4015
@marcellasilva4015 Ай бұрын
The decision on when to pick an Adviser is a very personal one. I take guidance from Sharon Ann Meny, to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
@GeorgianaScallion
@GeorgianaScallion Ай бұрын
I just googled her now and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.
@tmer831
@tmer831 3 ай бұрын
The utilization of after-tax money and tax-free growth makes opening a Roth IRA very advantageous. Through a careful guidance of my FA, I did not pay taxes on my withdrawals of $730k when I retired.
@SteveDutton-v
@SteveDutton-v 3 ай бұрын
The utilization of after-tax money and tax-free growth makes opening a Roth IRA very advantageous. Through a careful guidance of my FA, I did not pay taxes on my withdrawals of $730k when I retired.
@DavidCovington-st2id
@DavidCovington-st2id 3 ай бұрын
Indeed, I did make use of a financial counselor. As I get closer to retirement, their advice has been really helpful. I thought compound interest on index funds wouldn't be sufficient because I started late. It's amusing how I've done better than colleagues who have more years of investment experience. I've profited more than $586k tax free.
@mikey43221
@mikey43221 3 ай бұрын
Please who is the consultant that assists you with your investment and if you don't mind, how do I get in touch with them?
@DavidCovington-st2id
@DavidCovington-st2id 3 ай бұрын
“Vivian Carol Gioia’’ You can easily look her up, she has years of financiaI market experience.
@mikey43221
@mikey43221 3 ай бұрын
I find this informative, curiously explored Vivian on the web, spotted her consulting page, and was able to schedule a call session with her, she shows quite a great deal of expertise from her resume.. very much appreciated
@MiquelMorterero
@MiquelMorterero 28 күн бұрын
I have savings of $1,000,000 and I'm ready for retirement, only concerned about the soaring inflation. Is this enough to retire comfortably, or do I need some sort of money management?
@JuanCarlos_J
@JuanCarlos_J 28 күн бұрын
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K
@SamanthaLyons_
@SamanthaLyons_ 28 күн бұрын
@@JuanCarlos_J How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
@SamanthaLyons_
@SamanthaLyons_ 28 күн бұрын
@@JuanCarlos_J How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
@JuanCarlos_J
@JuanCarlos_J 28 күн бұрын
@@SamanthaLyons_ Jennifer Lea Jenson is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
@RicardoMontilla185
@RicardoMontilla185 28 күн бұрын
Jennifer Lea Jenson is my financiall advsor too; I'm truly grateful for her dedication and transparency.
@cloudyblaze7916
@cloudyblaze7916 2 ай бұрын
This sounds big. I really want to profit from the market this year. I have about $40k I want to invest in the market. My brain doesn't do very well in understanding these things. How else could I utilise the market opportunity?
@mohican-jx6fx
@mohican-jx6fx 2 ай бұрын
I suggest you focus on two key objectives. Learn when to sell stocks to minimize losses and maximize gains to start protecting yourself. Second, prepare to make money when the market turns around. I advise speaking with a broker or financial counselor.
@ericmendels
@ericmendels 2 ай бұрын
This sounds like something I would want to do. When you say broker, do you refer to hedge funds?
@mohican-jx6fx
@mohican-jx6fx 2 ай бұрын
Hedge funds are good, but because of their scale, they are quite bureaucratic. The majority of independent financial advisors are available online. For example, Sharon Louise Count, with whom I collaborate, has a webpage. There must be more excellent ones. just do your research.
@gregorywhem
@gregorywhem 2 ай бұрын
I believe the market still has a long growth this year!
@undercoverpotential
@undercoverpotential Ай бұрын
Sharon Louise Count got addicted to crack
@LenaSchweizer-ff8xy
@LenaSchweizer-ff8xy 4 ай бұрын
Still with Tesla stock, investors can never be sure what will happen next, bearish periods ultimately establish a new set of stocks to buy and watch while setting the stage for a robust new uptrend. I have been reading articles of people that grossed profits up to $250k during this crash, what are the best stocks to buy now or put on a watchlist?
@ElliotFelix
@ElliotFelix 4 ай бұрын
For the average individual, the tactics are rather demanding. Actually, most of them are effectively completed by professionals who possess the necessary knowledge and skill sets to carry out such trades.
@AaronZak-js
@AaronZak-js 4 ай бұрын
Yes, I've been in constant touch with a Financial Analyst for approximately 8 months. You know, these days it's really easy to buy into trending stocks, but the task is determining when to sell or keep. That's where my manager comes in, to help me with entry and exit points in the industries I'm engaged in. Can’t say I regret it, I’m 40% up in profits just in 5months with my initial capital of $160k.
@Brennanoliver775
@Brennanoliver775 4 ай бұрын
I am saving money for retirement, and I lost nearly $9,000 this week. Who is this person who is advising you?
@AaronZak-js
@AaronZak-js 4 ай бұрын
@@Brennanoliver775 I work with Alicia Ann Jordan, a licensed fiduciary. Simply look up the name. The information you need to work with a letter to schedule an appointment would be included.
@AaronZak-js
@AaronZak-js 4 ай бұрын
@@Brennanoliver775 One of the fiduciaries I deal with is Alicia Ann Jordan. Just check the name. There would be a letter with the necessary information to set up an appointment.
@Greghilton3
@Greghilton3 7 ай бұрын
Becoming a millionaire through a Roth IRA or a 401(k) involves different strategies for maximizing profits. A Roth IRA offers tax-free withdrawals in retirement, which can be advantageous if you expect to be in a higher tax bracket later in life. On the other hand, a 401(k) provides tax-deferred growth and potential employer contributions, boosting your savings. The optimal choice depends on factors like your current and future tax situation, employer match, and investment options. Consulting a financial advisor can help tailor a strategy that aligns with your financial goals and circumstances.
@Elkemartin213
@Elkemartin213 7 ай бұрын
Prioritizing effective personal finance management holds greater significance than the sheer amount saved, irrespective of income source. Consulting a certified financial advisor can offer tailored strategies to optimize financial results by reducing expenses and enhancing income, regardless of whether it's earned through employment or investments.
@Davidstowe872
@Davidstowe872 7 ай бұрын
I wholeheartedly concur. At 60 years old and newly retired, my external retirement funds total around One million two hundred fifty thousand dollars.. With no debt and minimal retirement fund allocation relative to my portfolio's value over the last three years, I recognize the importance of a financial advisor. Neglecting them isn't an option; however, thorough research is vital to find a trustworthy fiduciary advisor.
@SteveEstrada-js9nu
@SteveEstrada-js9nu 7 ай бұрын
This aligns perfectly with my desire to organize my finances prior to retirement. Could you provide me with access to your advisor?
@Davidstowe872
@Davidstowe872 7 ай бұрын
I'm guided by “Vivian Carol Gioia” an experienced coach with extensive financial market knowledge. While you can consider other options, her strategy has yielded positive results for me. She offers valuable insights, including entry and exit points for the securities I concentrate on.
@SteveEstrada-js9nu
@SteveEstrada-js9nu 7 ай бұрын
Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call. Her expertise is impressive, and I'm eagerly anticipating our conversation.
@dianarabbanii2
@dianarabbanii2 3 ай бұрын
I agree that many people are considering NVDA as the "Stock of the year." However, I'm curious about which stocks could potentially become the next META in terms of growth over the next decade. I've allocated $200k for investment, aiming to retire comfortably.
@TariqSinghKhan
@TariqSinghKhan 3 ай бұрын
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective consider financial advisory for informed buying and selling decisions.
@NatalieFormor
@NatalieFormor 3 ай бұрын
Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?
@scottjuarez9549
@scottjuarez9549 3 ай бұрын
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
@andreayh6f
@andreayh6f Ай бұрын
Can anyone explain AMS120X?
@deepsixer2283
@deepsixer2283 10 күн бұрын
Ask one of the many bots...
@OliverTilney
@OliverTilney 19 күн бұрын
I usually look up your videos for updates! Our government has no idea how people are suffering these days. I feel for people with disabilities not getting the help they deserve. Thank you CMA, imagine investing $12,000 and received $305,500.
@KimberlyWillowWood
@KimberlyWillowWood 19 күн бұрын
I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks.I believe having 150K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities
@OliverTilney
@OliverTilney 19 күн бұрын
Cynthia Alexandra McClure, who also goes by Cynthia. A.Depken, Cynthia Alexandra Jackson, is a registered financial advisor currently at U.S. BANCORP INVESTMENTS, INC. located in Charlotte, North Carolina. I have use her for years and my investment has been profitable.
@OliverTilney
@OliverTilney 19 күн бұрын
Cynthia Mcclure Alexander .She is well known; you ought to look at her work.
@OliverTilney
@OliverTilney 19 күн бұрын
Cynthia Alexandra McClure, who also goes by Cynthia A Depken, Cynthia Alexandra Depken, Cynthia A Jackson, Cynthia Alexandra Jackson, is a registered financial advisor currently at U.S. BANCORP INVESTMENTS, INC. located in Charlotte, North Carolina.
@LeslieWagenheim
@LeslieWagenheim 19 күн бұрын
Helpful conversation! I'm a beginner in stock. Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
@nicolasbenson009
@nicolasbenson009 7 ай бұрын
Wealth/Success is dependent on the action or steps you take to achieve it. Show me a man who doesn't have an investment and I will tell you how soon he'll go broke. Investment is building a safe haven for the future: with the right choices of investment that has minimum risk and with an Expert guidance, profit and interest should be guaranteed.
@ScottKindle-bk3hx
@ScottKindle-bk3hx 5 ай бұрын
Exactly ! That's my major concern and what kind of profitable business or investment can someone do with the current rise in economic downturn.
@RaymondKeen.
@RaymondKeen. 5 ай бұрын
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
@DorathyJoy
@DorathyJoy 4 ай бұрын
Could you possibly recommend a CFA you've consulted with?
@RaymondKeen.
@RaymondKeen. 4 ай бұрын
My CFA ’Margaret Johnson Arndt’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
@KarenLavia
@KarenLavia 4 ай бұрын
I just looked her up on the internet and found her webpage with her credentials. I wrote her a outlining my financial objectives and planned a call with her
@Patriciacraig599
@Patriciacraig599 4 ай бұрын
As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
@Robertgriffinne
@Robertgriffinne 4 ай бұрын
It's best to seek an advisor right now, unless you're canny yourself. As a business owner in both the service industry and eBay reseller of all product categories, I can tell you we’re in a deep recession and everyone is running out of money.
@Christine-ce4xo
@Christine-ce4xo 4 ай бұрын
I agree, that's the more reason I prefer my day to day investment decisions being guided by a investment-advisor, seeing that their entire skill set is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using a investment-coach for over 2 years+ and I've netted over $900K.
@Patriciacraig599
@Patriciacraig599 4 ай бұрын
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
@Christine-ce4xo
@Christine-ce4xo 4 ай бұрын
She goes by 'Julia Hope Marble ''. I choose to delegate my excesses to her because of her great expertise. I suggest you look her up. To be honest, almost didn't buy the idea of letting someone handle growing my finance, but so glad I did!!
@PhilipMurray251
@PhilipMurray251 4 ай бұрын
Thank you for sharing, I must say, Linda appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive.
@velayuthman
@velayuthman 9 ай бұрын
There is also no earned income requirement to convert to a Roth. As long as you have a balance in an IRA, in theory, you can keep converting to a Roth as long as you like. so i can perceive the preference for 401(k)'s, I still want to know how best to compound at least $2m in retirement savings.
@colleen.odegaard
@colleen.odegaard 9 ай бұрын
That is exactly the reason I stopped taking advise from KZfaqrs; in the long run, I only end up with a jumbled collection of stocks and bonds. Whereas all I needed to earn over $350k in less than two years was guidance from a true market expert.
@colleen.odegaard
@colleen.odegaard 9 ай бұрын
I started out with a financial advisor called " *Monica Selena Park* ". Her honest approach gives me complete ownership and control of my positions, and her rates are incredibly affordable given my ROI. However, do your due diligence before contacting a financial advisor.
@WES_5150
@WES_5150 8 ай бұрын
$2M? For what? You plan on living the rockstar life when your retire??
@timsans1170
@timsans1170 7 ай бұрын
​@@WES_5150 You're kidding right?
@WES_5150
@WES_5150 7 ай бұрын
Im absolutely not kidding. If you need anywhere near that amount of money to retire, then you have 1. Set a lifestyle for yourself that you are not or can not back off on for some reason - and thats on you... and 2. you must not have been contributing to Social Security, or have a pension coming. @@timsans1170
@tommyers0
@tommyers0 7 ай бұрын
In my opinion, I'd say the IRS is a huge crime syndicate. They count on people folding when they see these bogus collection letters. Truth is that everyone is better off standing up and saying no rather than calling it what it is-illegal taxation. Since stock market appreciation is not taxed, I personally invest most of my money there. Thats how i made my first $1million.
@Bezosjesss
@Bezosjesss 7 ай бұрын
Exactly! And If we are being honest with ourselves, taxes may be a major pain, just like they are for the wealthy. Taxes on income, goods and services, real estate, etc. It's wonderful to pay taxes, but we may also establish our own tax havens.
@fredm1
@fredm1 7 ай бұрын
My wife and I have been doing this same thing. Can't get into trouble with the IRS when we have no income and all our money is in stocks. Personally, I don't like doing the work though. Lol. So we just invest through a licensed advisor who does the stock picking. Our money grows, and we are tax-free.
@debwes1
@debwes1 7 ай бұрын
@fredm My husband and I have been thinking of going this route of using a licensed advisor. We're not just sure which broker or firm to work with. We just moved to the UK. Could you recommend yours? And also, how do you prevent capital gain tax?
@fredm1
@fredm1 7 ай бұрын
Do you know who "HEATHER LEE LARIONI" is? She frequently appears on CNBC and FOX NEWS. We keep our investments in tax-deferred accounts. We can evade capital gains taxes in this method. Your advisor could brief you on further possibilities.
@roelzylstra
@roelzylstra 6 ай бұрын
"stock market appreciation is not taxed" Huh?? You mean if you don't sell or trade?
@genavazquez2943
@genavazquez2943 7 ай бұрын
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now the are multi millionaires. I pray that anyone who reads this will be successful in life
@ivymadanhennion8108
@ivymadanhennion8108 7 ай бұрын
I'm a beginner, How can I reach out to Mr Cioffibrown?
@ivymadanhennion8108
@ivymadanhennion8108 7 ай бұрын
Definitely contacting him, thank you...
@Fiammanapolitani
@Fiammanapolitani 7 ай бұрын
It's remarkable to have faith in someone who can consistently deliver profits under an circumstances, and they never disappoint. I trust Mr Cioffibrown, implicitly, and since trading with him, it's been nothing but victories...
@masontaghavi9430
@masontaghavi9430 7 ай бұрын
I recommend Cioffibrown Alison, he has an outstanding track record. I've worked with him for some time, and there are a lot of people investing with him, he’s the best among all. I hope he doesn't stop taking new comers any time soon because of the high number of applicants.
@SofiaAnsari-wb7gn
@SofiaAnsari-wb7gn 7 ай бұрын
I have traded with a lot of individuals but I had never came across anyone as good as this man, just by applying his strategies, I now trade independently. he is the best I'd advise any novice in investing to trade with him!
@godfreymashale9323
@godfreymashale9323 9 ай бұрын
Fortunately, I had a college economics teacher that taught me a lesson at 18. That lesson was: for every huge, frivoluos purchase you make, you need to have an investment double it's worth, this doesn't necessarily mean you should always invest when you make a purchase, it simply means living within your means. Varied sources of income is wise and especially like i said, living within your means. Whenever you're about to make a huge, dumb purchase that doesn't add value think about taxes and how you get your income. I made $272k combined net last year and paid no Federal taxes.
@tylerforeman667
@tylerforeman667 9 ай бұрын
Right there with you. I'm retiring early, no debt. Kids are taken care of. Building my dream home on 11 acres, looking over the river valley. there are loads of ways to make a killing right now, but such high-volume near impeccable trades can only be carried out by real-time experts.
@donaldlocher2537
@donaldlocher2537 9 ай бұрын
Inflation is over 10% here in the UK, but as we know it's definitely way more than the Government would like to admit. My plan is to earn more passive income and ride this out, can your Investment-adviser assist?
@tylerforeman667
@tylerforeman667 9 ай бұрын
@donaldlocher Sure, the Investment advisor that guides me is “Olivia Rene Reyes” and she's renowned and has quite a following. So it shouldn't be a hassle finding her. Just look her up.
@robinsonbaker1963
@robinsonbaker1963 9 ай бұрын
@@tylerforeman667 The lady really seems to know her stuff. I found her website, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I sent her a mail through her web
@taylorgreen5908
@taylorgreen5908 9 ай бұрын
impressive, would definitely work with her, just looked her up and reached her through her web
@johnnyfrancis3491
@johnnyfrancis3491 Күн бұрын
From $10K to $110K that's the minimum range of profit return every week I think it's not a bad one for me, now I have enough to pay bills and take care of my family.
@henryjeffrey7467
@henryjeffrey7467 Күн бұрын
Finding yourself a good broker is the same as finding a good wife, where you get less stress, you get just enough with so much little effort at things.
@henryjeffrey7467
@henryjeffrey7467 Күн бұрын
For me I would say give Mrs Bridget a try and you will be happy you did
@miacharlotte8563
@miacharlotte8563 Күн бұрын
Yeah, 253k from Mrs Bridget Denison, looking up to acquire a new House, blessings.
@miacharlotte8563
@miacharlotte8563 Күн бұрын
May God bless Mrs Bridget Denison services, she has changed thousands of lives globally.
@richardthygesen422
@richardthygesen422 Күн бұрын
Please how do I go about it, am still a newbie on investment trading and how can I make profit?
@Davidcoleman258
@Davidcoleman258 3 ай бұрын
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart.
@PhilipOrlick468
@PhilipOrlick468 3 ай бұрын
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
@LucasCruikshank337
@LucasCruikshank337 3 ай бұрын
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
@AndrewHolmes694
@AndrewHolmes694 3 ай бұрын
I'm new at this, please how can I reach her?
@Bryanwilliams397
@Bryanwilliams397 3 ай бұрын
The first time we had tried, we invested $1000 and after a week we received $4,830. That really helped us a lot to pay our bills.
@Davidcoleman258
@Davidcoleman258 3 ай бұрын
she's mostly on Telegrams, using the user name
@MarvishaN
@MarvishaN 8 ай бұрын
I have 35% of my capital investments in an IRA, 25% in index funds, and the balance spread across other investment accts totalling over $250k. I took a big hit in Q2, 2023. Right now i am just looking for ways to recover.
@georgeh.5126
@georgeh.5126 8 ай бұрын
Although I've made a lot of financial mistakes in the past, I don't regret them since I've learned from them. The most significant one was entering the market without experienced professional counsel.
@aureliobjm
@aureliobjm 8 ай бұрын
Think the best idea is to speak with a financial advsor. I also had a fair share of ups and downs when i first started investing, until I consulted a financial advsor in 2021, since then I've made over $670k in profits
@tommyers0
@tommyers0 8 ай бұрын
@aureliobjm Impressive! Please who assists you with your investment and if you don't mind, how do I get in touch with them?
@aureliobjm
@aureliobjm 8 ай бұрын
@tommyers I only work with 'HEATHER LEE LARIONI' who made the news a lot in 2020 for her works. Her approach gives me complete control of my positions and she is quite affordable. However, do your due diligence before contacting a financial advisor.
@tommyers0
@tommyers0 8 ай бұрын
@aureliobjm I just checked Heather up out of curiosity and must say, I'm impressed with her Credentials. I emailed her already, waiting on her response.
@ina-Marine902
@ina-Marine902 5 ай бұрын
Your videos has been great !! I am part of your viewers and i’ve been watching your videos lately. I’m interested in investing but I still can’t figure out the right investment to engage in . I’ll appreciate any help out here.
@Andres34566
@Andres34566 5 ай бұрын
Yes, it's true, there's been a lot of talk about investing lately, but I'm new and also curious how I can get started. Can anyone explain how to invest and how to get started ?
@GeorgeKevin840
@GeorgeKevin840 5 ай бұрын
In my opinion, investing is not about getting rich but about gaining financial independence. You need a financial planner to help you become a professional investor. I became successful by following the instructions of my financial planner (Shana Bielich). So far, I’ve no regrets.
@ina-Marine902
@ina-Marine902 5 ай бұрын
Amazing, such an amazing information you got. Can you share more details on how to get in touch with your Financial Adviser? Like I said , I’m very interested and will start if I can get help out here.
@GeorgeKevin840
@GeorgeKevin840 5 ай бұрын
she is on instagram
@GeorgeKevin840
@GeorgeKevin840 5 ай бұрын
Shanabielichtrading
@JosephReynolds522
@JosephReynolds522 9 ай бұрын
The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies.
@WilliamHarwoodx
@WilliamHarwoodx 9 ай бұрын
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading.
@ElizabethGalvin1
@ElizabethGalvin1 9 ай бұрын
Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again.
@ThomasHeintz
@ThomasHeintz 9 ай бұрын
@@ElizabethGalvin1 Who is your financial coach, do you mind hooking me up?
@ElizabethGalvin1
@ElizabethGalvin1 9 ай бұрын
The coach I use is actually quite known, Laura Marie Ray , she has a wide presence on the web, so you can just search her.
@JohnMoore1641
@JohnMoore1641 9 ай бұрын
@@ElizabethGalvin1 She really seem to know her stuff. I found her online-page, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her.
@martingainty9623
@martingainty9623 11 ай бұрын
Solid Advice Thanks Mark!
@FloraGEvans
@FloraGEvans 5 ай бұрын
I always like your content, I have been going from one video to another looking for the best way to INVEST and make more money, I tried investing last year, but I lost all my money. I want to begin again, but this time not by myself alone. Please I need advice on what I should do and how to go about it. I know there are good people here that can help me out.
@FloraGEvans
@FloraGEvans 5 ай бұрын
I have very little clue, but I need good advice and the best recommendation you can give me.
@andersonk.parker3486
@andersonk.parker3486 5 ай бұрын
What you need is a reliable financial advisor, to guild you throughout your investment journey. It looks simple but it is not, do not be deceived.
@FloraGEvans
@FloraGEvans 5 ай бұрын
Please what more can you tell me about her? How well do you know this Leticia Zavala Perkins?
@FloraGEvans
@FloraGEvans 5 ай бұрын
How do I get her contact information, I need to get in touch with her ASAP.
@FloraGEvans
@FloraGEvans 5 ай бұрын
I ran google search on her name, I found her web page. I sent her an email already. Thanks.
@blissds-gi3mb
@blissds-gi3mb 6 ай бұрын
This seems like the worst period. Even the markets are very unpredictable. started investing recently when the market prices were a bit high ,today i am more than 60% down
@PhilipMurray251
@PhilipMurray251 6 ай бұрын
Given the prevailing market conditions and the potential risks associated with the current economy, I would recommend refraining from investing in stocks for now. Instead, it would be prudent to consider retaining a portion of your assets in gold.
@dawsondanny990
@dawsondanny990 6 ай бұрын
The current situation is incredibly dire for people in the United States and other countries. The global economy is facing a significant downturn, with increasing inflation rates and unemployment figures.
@user-qx7td4oe7c
@user-qx7td4oe7c 6 ай бұрын
Right now the markets are going berserk right now. This is the best time to watch them, get to know them better, and strike when the opportunity presents itself. I learned that from my mentor, ’Betty Sue Blanchard’ she's seen dozens of market cycles over the past few decades, and she has a feel for how they move, why they move, and what comes next.
@blissds-gi3mb
@blissds-gi3mb 6 ай бұрын
Fantastic! can u share more details?
@MollyShorters
@MollyShorters 6 ай бұрын
it was easy to find your coach She seems proficient considering her résumé.I will write her an e-mail shortly
@kekuhi
@kekuhi 11 ай бұрын
aloha...LOVE LOVE LOVE your passion! Ive choosen to be ignorant of tax culture for too long. thank you for the education. AND thank you for being transparent in this "world".
@tahirisaid2693
@tahirisaid2693 9 ай бұрын
I've come to realize that the key to amassing wealth lies in making sound investments. I purchased my first home at the age of 21 for $87,000 and sold it for $197,000. My second home, acquired for $170,000, was later sold for $320,000, and my third property, purchased at $300,000, fetched $589,000, with buyers covering all closing costs and expenses. Not reaching a million before retirement feels like an unfulfilled goal...
@tahirisaid2693
@tahirisaid2693 9 ай бұрын
I initially started my investment journey with the guidance of a financial advisor named *Jenny Pamogas Canaya.* Her transparent approach granted me full control of my investments, and her fees are reasonable, considering my return on investment. Nonetheless, it's crucial to conduct thorough research before engaging with any financial advisor.
@chriswalter92
@chriswalter92 9 ай бұрын
"It's quite a surprise that you're acquainted with her as well. I've had the privilege of gaining significant profits while learning and investing under her guidance for the past few months. JENNY PAMOGAS CANAYA truly stands out as one of the most exceptional mentors and traders I've had the pleasure of collaborating with in recent years. Her expertise in navigating various market situations is truly remarkable."||
@timsans1170
@timsans1170 7 ай бұрын
Lol!! This is the worse kind of Spam! She should be ashamed of herself!
@Jack-id4qm
@Jack-id4qm 6 ай бұрын
​@timsans1170 honestly
@industrialpalletworx3548
@industrialpalletworx3548 5 ай бұрын
Not true. 99% of real estate sales the seller covers closing costs and more in some cases.
@catlinbrayan9404
@catlinbrayan9404 8 ай бұрын
I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.
@michaelsalinas5572
@michaelsalinas5572 8 ай бұрын
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
@BrittanyDoris
@BrittanyDoris 8 ай бұрын
@@michaelsalinas5572Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.
@RandyVincent808
@RandyVincent808 8 ай бұрын
@WilliamJames671Please who is the expert guiding you? I have lost so much as a beginner investing into stock without a proper guidance of an expert.
@berkymargin4611
@berkymargin4611 8 ай бұрын
@@RandyVincent808**The Fin-Advisor I'm in touch with "MICHAEL T ABAGNALE". He was interviewed on CNBC Television. You can use something else, but for me his strategy works hence my result is good. He provides entry and exit point for the securities that I focus on.+^
@iliketurtles536
@iliketurtles536 11 ай бұрын
For the backdoor roth IRA, there are a ton of videos on KZfaq that walk you through this for your specific company you have funds in (Vanguard, Fiedelity, etc)
@TheJakeRobinson
@TheJakeRobinson 9 ай бұрын
You can roll over your 401k while you are still with your company IF they allow "In-service" transfers... Many plans now allow for current employees to move their money out - need to check with employer benefits to see if they allow in-service rollovers... We have done many at our firm.
@smithlenn
@smithlenn 4 ай бұрын
Investing in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment.
@belljoe
@belljoe 4 ай бұрын
I thought about investing in the financial market, I heard that people make millions if you know the tricks of the trade, but I lack good knowledge and a strategy to outperform the market and generate good yields. I have $160,000 but it's hard to bite the bullet and do it.
@Alejandracamacho357
@Alejandracamacho357 4 ай бұрын
This seems like the worst period.Even the markets are very unpredictable.started investing recently when the market prices were a bit high,today i am more than 60% down
@rannyorton
@rannyorton 4 ай бұрын
Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2019, and I return at least $121k ROI, and this does not include capital gain.
@Alejandracamacho357
@Alejandracamacho357 4 ай бұрын
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same.
@rannyorton
@rannyorton 4 ай бұрын
-Have you heard of "Julia Hope marble? She gets featured regularly on CNBC. I myself use tax-deferred accounts to hold my investments. That way I avoid capital gains taxes. There are other options your advisor could brief you about....
@Omikoshi78
@Omikoshi78 10 ай бұрын
“We’re all gonna die”. Now I appreciate that kind of refreshing honesty when talking finance within a family. Keeps things in perspective and allows you to plan for multi-generational wealth without risking offending people.
@timsans1170
@timsans1170 7 ай бұрын
"AND IT'S OK!!!" LOL!
@freedomfamily1358
@freedomfamily1358 9 ай бұрын
Thank you sir at 40 I'm getting this handled for my kids!!
@LoyceLeeber
@LoyceLeeber 8 ай бұрын
Because ROTH IRAs are tax-free, you'll be able to keep more of the money you've worked so hard to earn.I want to invest more than $300k, but I'm not sure how to go.
@fadhshf
@fadhshf 8 ай бұрын
Holding fixed-income assets in tax-deferred retirement funds as opposed to taxable accounts has additional advantages. If you don't know how to invest in the market, get some advice from a financial counselor.
@TomD226
@TomD226 8 ай бұрын
Having an investment adviser is the best way to go about the stock market right now, especially for near retirees, I've been in touch with a coach for awhile now mostly and I made over $200K within a short time.
@lowcostfresh2266
@lowcostfresh2266 8 ай бұрын
@@TomD226 Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.
@lowcostfresh2266
@lowcostfresh2266 8 ай бұрын
@@TomD226 Please pardon me, who guides you on the process of it all?
@TomD226
@TomD226 8 ай бұрын
My consultant is Camille Alicia Garcia . She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision. I basically follow her trade pattern and haven’t regretted doing so
@user-xy6if8lt4s
@user-xy6if8lt4s 4 ай бұрын
I love your advice, simple but effective 😊
@SN-fl1qy
@SN-fl1qy 10 ай бұрын
Risk and return have a positive correlation. There’s a reason why syndications pay more than RR investments. No one ever brags about their losses, hence you rarely hear about em.
@user-hd7uh9ed8p
@user-hd7uh9ed8p 5 ай бұрын
Love the informtion, keep in mind for most of his examples he wants you to make $75~$80K year cash to contribute after taxes and paying all your bills for the year. Not sure how many of you would have that kind of money or even a job like that with the current inflation where you are left with $75~$80K after paying all your yearly bills .
@striperkid
@striperkid 5 ай бұрын
I was able to do just that for 3 years straight.
@kevinkelly1529
@kevinkelly1529 5 ай бұрын
​@@striperkid bully for you! Keep it up.
@mrsmc2612
@mrsmc2612 3 ай бұрын
Exactly! I only make 50,000 and that's before taxes!
@corndog8331
@corndog8331 Ай бұрын
Yeah the majority of people trying to learn about retirement options are not making enough to put 75k away a year and still pay all of our bills
@mrsmc2612
@mrsmc2612 Ай бұрын
@@corndog8331 100 percent! If I am being honest people in that income bracket already understand the nuances of investments and money.... from what I have seen...
@marcus00ize
@marcus00ize 10 ай бұрын
He is leaving out the part where you have to pay taxes on the converted funds from 401k that goes into Roth IRA
@torron111
@torron111 5 ай бұрын
You do a roll over IRA tax free
@RebeccaHarkness
@RebeccaHarkness 5 ай бұрын
Nope a backdoor is tax free
@brafi8987
@brafi8987 4 ай бұрын
Can you roll your entire 401k over to a Roth IRA without a tax penalty? @@RebeccaHarkness
@toyarj37
@toyarj37 3 ай бұрын
Only if you had pre tax money in it. That’s why most people that do this have two traditional IRAs. One for pre tax money and one where they don’t take the deduction on money put into the traditional so that it can be immediately rolled over once funds have settled. Also when you put money into the traditional ira that you are specifically going to rollover you put it into the holding account in the ira. DO NOT INVEST IT IN THE TRADITIONAL IRA. If you do, once you roll it over you will owe taxes on the gains. That’s why you want to put money into the traditional and immediately roll it over once funds have settled so it doesn’t really have a chance to grow. You might have made a few Pennie’s but the irs ain’t worried about that
@michaelkobulnicky3399
@michaelkobulnicky3399 11 күн бұрын
So it won't matter if you end up earning a lot!
@TerryCollinsP31Lifestyle
@TerryCollinsP31Lifestyle 8 ай бұрын
Great video. Thanks for doing this.
@Jrplantito
@Jrplantito 3 ай бұрын
Nice advice sir... thank you so much 💕
@lisapartynski1018
@lisapartynski1018 11 ай бұрын
If you already have traditional IRA how do you get around the 8606 form and have it still be 100 percent on the withdrawl side
@thaddeussmith8394
@thaddeussmith8394 11 ай бұрын
I have been doing these exact steps prior to seeing this video and it’s great to see that I have been correct all along. Thanks for the education and explanation
@RetiredR
@RetiredR 3 ай бұрын
Thanks Mark I’ve been preaching Roth & conversions for years!
@alfonsoramirez6415
@alfonsoramirez6415 9 ай бұрын
God bless you for giving us hope in the economy and something to strive for
@BrynnLarate66
@BrynnLarate66 3 ай бұрын
investing requires good experience and knowledge to carry out a good and successful trade, I have lost a lot trying to trade all by myself May I ask which investments are good??>>>>
@user-wi5ib5ji6k
@user-wi5ib5ji6k 3 ай бұрын
I understand your concerns, my friend. I recommend exploring passive index fund investing and expanding your knowledge in this area. Personally, I experienced both successes and challenges when initially seeking a reliable passive income......,
@BernardineRingwood77
@BernardineRingwood77 3 ай бұрын
how do I get in touch with this consultant that assist??......,,,
@user-wi5ib5ji6k
@user-wi5ib5ji6k 3 ай бұрын
STEPHANIE KOPP MEEKS, that's whom i work with look her.......,,
@BernardineRingwood77
@BernardineRingwood77 3 ай бұрын
Thanks for these recommendations.....,,,
@Jason-gp4hg
@Jason-gp4hg Ай бұрын
Investing only requires patience
@nbdysfool3
@nbdysfool3 11 ай бұрын
Over 50 starts at 17:40. You’re welcome
@alchaudhari
@alchaudhari 5 ай бұрын
Amazing Mark. Thank you.
@TerryCollinsP31Lifestyle
@TerryCollinsP31Lifestyle 8 ай бұрын
Thanks for these videos
@DeviJane-jp3xn
@DeviJane-jp3xn 8 ай бұрын
To be successful in markets, traders should understand the crossover between asset classes & liquidity flow. Paula David focuses on Multi-asset trading, a single strategy to manage risk, profit, and the code or the actual decision-making across multi-asset classes. Her skills set is top notch.
@daviesgriffiths5215
@daviesgriffiths5215 8 ай бұрын
You invest with Paula too? Wow that woman has been a blessing to me and my family.
@georgeheyden4524
@georgeheyden4524 8 ай бұрын
I'm surprised you know her too, I've been making a lot of profit investing with her for a few month now.
@tessbakker7549
@tessbakker7549 8 ай бұрын
I invested with Paula too, she understands every beginners intention and fix you to a trading plan that matches your capacity.
@klaasjohnsons1523
@klaasjohnsons1523 8 ай бұрын
Any information on how i can reach her, i'm new at this
@liamjones6540
@liamjones6540 8 ай бұрын
I was skeptical at first until i decided to try. Its huge returns are awesome, can't say much
@latinconnectionhi5338
@latinconnectionhi5338 11 ай бұрын
You will have to pay tax in any conversation or rollover from 401K or traditional IRA to Roth IRA. If you pay tax on your money by using the After-tax employee contribution the benefit here is: that you can move any amount of money into the Roth IRA in the back door, increasing your Roth account because the front door is limited to $6500 if you are 50 over.
@hermanchan6260
@hermanchan6260 11 ай бұрын
So you can set up a new traditional ira and put after-tax contributions in it and move it to Roth without limit? And you don't need to set up a solo401k account in that case?
@miketmentor3338
@miketmentor3338 11 ай бұрын
Human pinball machine
@latinconnectionhi5338
@latinconnectionhi5338 11 ай бұрын
Well my company will not allow after tax contributions any other way that you will advise
@Ctpa1
@Ctpa1 11 ай бұрын
@@latinconnectionhi5338that stinks. Your should talk to HR. My wife and I have both been maxing out this for years. It really ramps things up.
@gretchenbond784
@gretchenbond784 11 ай бұрын
Yep You'll have to pay taxes Unless you pay your 1 year old haha
@dancechicky2012
@dancechicky2012 11 ай бұрын
wow you are truly amazing. never knew this
@DB-xp9px
@DB-xp9px 11 ай бұрын
i've done this for years but it really only gets u around the Roth IRA contribution limits. i can make a strong argument they shouldn't exist anyway. the much bigger problem is no matter when u try to do Roth conversions, there's always competing interests, even if u wait until u leave your last job.
@TerenceYoung1
@TerenceYoung1 11 ай бұрын
I have a question. Is the $39,500 company match from your S-Corp tax deductible to the company?
@getinthespace7715
@getinthespace7715 9 ай бұрын
As soon as my daughter starts working I'm setting her up a Roth IRA and teaching her to max it out. I'll also set her up a brokerage account and teach her how to invest. For every dollar she saves and invests I'll match her. If she tries, she could get $200k invested before she gets out of college. Then she'll be on her own after that. She could be sitting at close to $1 million invested by her early 30's. Be 10-15 years ahead of me in her wealth building.
@meximelt4444
@meximelt4444 8 ай бұрын
Set up a trust to protect it from any future spouses, so it continues to help the future children.
@Aortadetroit
@Aortadetroit 4 ай бұрын
I put mine in Roths at age 7&8. Had them running small errands at a family business.
@getinthespace7715
@getinthespace7715 4 ай бұрын
@meximelt4444 , this money is for her retirement. It's about teaching her how to be responsible and manage it. She'll have to protect her assets and protect future inheritance with a pre-nup. By the time it gets to her marriage and potential grandkids, I'll be setting up their own stuff. My wife and I should be approaching $10 million invested. Once we have generational wealth created, we'll set up a family trust.
@getinthespace7715
@getinthespace7715 4 ай бұрын
@Aortadetroit , I might be able to do that for the grandkids. We don't have a small business to generate taxable income for young ones yet. But I will. I'm buying a couple of rental properties this year if things go well.
@seanfrye972
@seanfrye972 16 күн бұрын
Love this vibe
@miligu2580
@miligu2580 7 ай бұрын
where to find the investment that will have an annual return of 15% or higher mentioned in this talk. If you have such returns, it matters less if the money is in Roth or non-Roth accounts. The growth, appreciation, and dividend are the keys here to reach one M in 6-7 years.
@cameron9643
@cameron9643 10 ай бұрын
One of the biggest advantages of this is protection from lawsuit and bankruptcy.
@michaelkobulnicky3399
@michaelkobulnicky3399 11 күн бұрын
That's good to know!
@james5460
@james5460 11 ай бұрын
You'd better be making good six-figure money to take advantage of most of this. But max out your company 401k - do it as a Roth if you can - and also make the individual Roth on top of that - $6500 or $7500 depending on your age - and you're accumulating $30k+ per year just doing that. And that ain't beanbag, as Jack would say. It helps if you have extra money lying around. A lot.
@dademack3544
@dademack3544 10 ай бұрын
If you're making "good six figure" money you won't be able to contribute to a Roth IRA due to income limitations.
@ericrobison4560
@ericrobison4560 5 ай бұрын
You are the man!
@JayRay9999
@JayRay9999 5 ай бұрын
This is all true. And I have been doing all of this since 2010 (that is when I figured this out!). I have a TIP!! Regarding the Plain Back Door (the $7,500/$6,500 for 2023 in the example). I also had some Pretax IRAs (Pretax means you deducted them on your taxes). Before you do any conversion of your After-Tax IRAs, you need to get rid of your pretax IRAs; otherwise, your Back door Roths will be partially taxable. One way to do this is ask your employer if they allow Rollover contributions to the 401K. I rolled my Pretax IRAs into my 401K, problem solved!
@joeguerrero3465
@joeguerrero3465 10 ай бұрын
You touched on taxes in the beginning and using after-tax income. What if I use my VA disability income to invest in a back door Roth ira. VA disability income is tax-free income. How would the tax situations work with tax-free money? Thanks!
@cam-bot
@cam-bot 9 ай бұрын
I’m in the same situation, how would the VA dis. income work? Plus I’m not employed at the moment, I’m a student using the GI Bill. Thanks everyone!
@thescentsophisticate8865
@thescentsophisticate8865 11 ай бұрын
can you convert a 403B to a Roth IRA immediately or does it have to be placed in a traditional IRA first?
@RachelNdumia1
@RachelNdumia1 3 ай бұрын
Call your 403 b company.
@ROSADIANA-DSB
@ROSADIANA-DSB 4 ай бұрын
Thanks Mark❤
@guitarsz
@guitarsz 11 күн бұрын
Thank yo Mark!
@jefferyflett6938
@jefferyflett6938 11 ай бұрын
Can you guys take a look at the Government TSP (Thrift Savings Plan) and give advice?
@mrsmc2612
@mrsmc2612 3 ай бұрын
Please! I got penalized by the IRS when I did a Roth along with my regular TSP. THEY said I was saving too much. Ridiculous
@-edsense-rivera3716
@-edsense-rivera3716 3 ай бұрын
​@@mrsmc2612 so you are invested in a roth IRA and the roth tsp or the traditional tsp ? Im invested in the roth tsp and I have a second job that I'm invested in thier roth 401k I just hope I don't get penalized . What is the max that you can contribute for the year ?
@REInvestorDave
@REInvestorDave 11 ай бұрын
If you’re on a 1099 can you contribute to a solo 401k and a regular Roth IRA or would you need to pay yourself through a corporation/llc to do both ?
@MiguelGarcia-zr1mu
@MiguelGarcia-zr1mu 6 ай бұрын
I like this guy... thank you for advise
@tracistewart6775
@tracistewart6775 4 ай бұрын
Love this guy, speaks on a lower knowledge level
@kerrylim6058
@kerrylim6058 6 ай бұрын
@billysandoval3118
@billysandoval3118 6 ай бұрын
I would really love to know how much effort you put in,to get to this stage
@donnareynolds8649
@donnareynolds8649 6 ай бұрын
I'm from the UK 🇬🇧 please I just got recommended to her How was your experience trading with Maxine Kathleen?.
@martinjackson3194
@martinjackson3194 6 ай бұрын
When you see me use bitcoin, it also represents every other cryptocurrencies!
@kerrylim6058
@kerrylim6058 6 ай бұрын
@Maxinekathleen That's her username ✅
@Theresaa12
@Theresaa12 4 ай бұрын
Small taxes can affect investment decisions such as whether to choose tax-free municipal bonds over taxable bonds or do a Roth IRA conversion. I’ve been sitting on over $745K equity from a home sale and I want to invest on the stock market, how do I achieve this without being taxed twice?
@Debbie.Burton
@Debbie.Burton 4 ай бұрын
Holding fixed-income assets in tax-deferred retirement funds as opposed to taxable accounts has additional advantages. If you don't know how to invest in the market, get some advice from a financial counselor.
@HarrisRyan-oy8eo
@HarrisRyan-oy8eo 4 ай бұрын
Engaging an investment adviser is the optimal approach for navigating the current stock market, especially for those nearing retirement. I've been consulting with a coach and have seen my initial $450K grow to over $800K since Q2.
@MarkJKohler
@MarkJKohler 4 ай бұрын
To have a chance to get your question answered on a podcast, please submit it to podcast.mainstreetbusiness.com/ OR if you want to dive deeper into your question, please get connected with one of our Main Street Tax Pros at markjkohler.com/tax-advisor-network/ Thank you!
@TheALPod
@TheALPod 4 ай бұрын
phenomenal video
@oceanbreeze7777
@oceanbreeze7777 7 ай бұрын
Great information! How readily will banks offer non-recourse loans on multifamily investment property in order to use a self directed IRA since the borrowers income/credit score wont have a bearing on the approval?
@Scottweeier846
@Scottweeier846 2 ай бұрын
I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Gloria Robinson
@Rodriguezpaul-9
@Rodriguezpaul-9 2 ай бұрын
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.
@erikyanez5371
@erikyanez5371 2 ай бұрын
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
@Charlottehornets4
@Charlottehornets4 2 ай бұрын
You trade with Gloria Robinson too? Wow that woman has been a blessing to me and my family.
@Jessecote875
@Jessecote875 2 ай бұрын
I'm new at this, please how can I reach her?
@carolynvo7802
@carolynvo7802 2 ай бұрын
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
@Toneehulk504
@Toneehulk504 11 ай бұрын
When you say convert to Roth on day 2, can you keep converting on a bi weekly basis when you contribution are taken out of your paycheck?
@tiffanisanchez6951
@tiffanisanchez6951 11 ай бұрын
Yes, I would like to know this as well
@benh9371
@benh9371 5 ай бұрын
When you do it with a 401k this is called an in-plan conversion. You can do it as often as you put money into the account. In fact Fidelity offers this on auto pilot, they will instantly recharacterize your after tax contributions to Roth if you turn the setting on in your account. I am sure other brokerages do as well.
@robertdavis177
@robertdavis177 2 ай бұрын
My employer offered a ROTH 401k many years ago. The employer pays the tax on it up front but it is ROTH money and it can be rolled over into a ROTH IRA directly from the ROTH 401K. PERFECT!!
@thenext9537
@thenext9537 10 ай бұрын
Insane amount of information in 15 minutes. Most tech savvy or just detailed minds can do this. If you can’t, just buy your time back and get a consultation. When you are middle class, you try to do things on your own to “save money” but at the cost of time. My goal is to buy my time back, which I noticed is a common theme among more finally successful individuals.
@CliveBirse
@CliveBirse 8 ай бұрын
As a soon-to-be retiree, keeping my 401k on track after a bumpy 2022 is a high goal. I've read about investors generating up to $250k ROI in this present sinking market; any suggestions for increasing my ROI before retirement would be greatly appreciated.
@JulietKellyy
@JulietKellyy 8 ай бұрын
Yes, you are right. it's been a brisk tailwind for lnvestors in US stocks over the decades but it is still a delicate season now, so I advise you to consider the guidance of a financiaI advisor.
@mariaguerrero08
@mariaguerrero08 8 ай бұрын
Many downplay advisors until emotions lead to losses; after a divorce, I researched and found a highly qualified advisor who boosted my business, growing my reserve from $275k to $850k despite inflation.
@mikegarvey17
@mikegarvey17 8 ай бұрын
@@mariaguerrero08 Please can you leave the info of your lnvestment advsor here? I’m in dire need for one.
@mariaguerrero08
@mariaguerrero08 8 ай бұрын
CAMILLE ALICIA GARCIA maintains an online presence. just make a simple search for her name online.
@ConorBrews
@ConorBrews 8 ай бұрын
Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call. Her expertise is impressive, and I'm eagerly anticipating our conversation.
@chanhuang614
@chanhuang614 9 ай бұрын
Backdoor roth is only for people who does not have any rollover ira. Once ira has pretax savings, that move from rollover ira to roth ira has to be propotional between pretax amount and aftertax amount. It sucks that not every employers set up mega backdoor roth for their employees. Needs (being able to contribute to aftertax bucket + in-plan conversion.)
@fahlou2019
@fahlou2019 8 ай бұрын
i'm not sure I understand your comment. What do you mean by "proportional"?
@chanhuang614
@chanhuang614 8 ай бұрын
@@fahlou2019 let's say for backdoor roth, you want to put in $6k into your (traditional/roll over) IRA and move that $6k into roth IRA because you already paid income tax on that $6k. Let's assume your (traditional/roll over)IRA account already had $10k (pretax savings) from previous years. If you want to move your $6k (already paid income tax for it) from rollover IRA to roth IRA, you will also need to move 100% of that pre-existing $10k in your rollover IRA account to your roth IRA account and pay tax on that pre-existing $10k.
@chanhuang614
@chanhuang614 8 ай бұрын
If you only want to move 50% of that pre-existing $10k to roth IRA (just because you don't want to pay tax for all $10k this year, then you can only move 50% of the $6k (that is $3k) can be moved to roth IRA as a backdoor roth.
@chanhuang614
@chanhuang614 8 ай бұрын
So as long as you don't have any preexisting saving in your rollover IRA account from any previous year savings, you are free and clear to do that $6k bacl door roth move.
@DB-cm1fx
@DB-cm1fx 6 ай бұрын
Yep, this is exactly right. You can’t convert only the non-deductible portion if you already have pre-tax contributions. Therefore, you’re going to get hit with taxes.
@ThePhillyGeneral
@ThePhillyGeneral 5 ай бұрын
Wild this information is free😱😱😱😱! I'm so glade I came across this video.
@kenyascott5715
@kenyascott5715 4 ай бұрын
Thanks!
@RichardHowell-id6lc
@RichardHowell-id6lc 3 ай бұрын
I usually look up your videos for updates! Our government has no idea how people are suffering these days. I feel for people with disabilities not getting the help they deserve. Thank you mrs Lauren Hopkins, imagine investing $12,000 and received $305,500.
@AnitaRays
@AnitaRays 3 ай бұрын
Crypto Bull run is making waves everywhere and I have no idea on how it works. What is the best step to get started please?
@Chloe_emm
@Chloe_emm 3 ай бұрын
Wow, that's more than a mouthful of profits you're making. How do you achieve this feat consistently? You must be a genius in trading.
@RichardHowell-id6lc
@RichardHowell-id6lc 3 ай бұрын
Have you not heard of Mrs. Lauren Hopkins?
@RichardHowell-id6lc
@RichardHowell-id6lc 3 ай бұрын
She has this skill of making complex crypto concepts easy to understand and is truly commendable
@RosaMariadelosSantos-
@RosaMariadelosSantos- 3 ай бұрын
You know her too? I'm also a proud beneficiary of her superb platform.
@lk34786
@lk34786 5 ай бұрын
We love the Roth IRA! My brother in law who trades equities and options for a living had a sizeable IRA account that he opened up prior to marrying my sister. Back in 2010, Obama allowed ANYONE to do a conversion to a Roth IRA with no limitations, my B in Law did a Roth conversion and paid the max Fed rate at the time (35%) which had to come out of his regular taxable or savings acct and not his retirement acct and it has grown tax free ever since. He is limited to what he can trade inside the Roth when compared to a regular trading account. Although he wasn’t a fan of President Obama, he did praise him for allowing folks in his position to do the conversion. Back door IRA conversion that the OP is referencing is limited to what the contributions are while gains cannot be included in the conversion.
@rachelcolvard791
@rachelcolvard791 10 ай бұрын
Is it possible to follow these strategies while embedding the accounts in a trust account?
@_davidturner
@_davidturner 11 ай бұрын
My growth of 401k is 2.74% in the past year. In this environment does investing under a brokerage with a custodian outperform a 401k? should I seek a pro to grow my funds on brokerage acct or still hold? I have 5 years to retirement. Happy to discuss
@Javier_Rodri
@Javier_Rodri 11 ай бұрын
Mine was 8.16%, I used to dca into etfs but I reconsidered the strategy since I am still way behind after the massive downturn since Jan last year
@AanyaDarika_
@AanyaDarika_ 11 ай бұрын
Be careful not to be lured into the market too soon, this current situation has really opened my eyes to the importance of a good mentor on KZfaq or elsewhere knowing what he/she is doing .
@ClaudiaRom
@ClaudiaRom 11 ай бұрын
Private investing is the best way to go about the market right now, especially for near retirees, I've been in touch with a wealth manager for awhile now netted 370thousand this downturn, made it clear there's more to the markets than we average joes know.
@westgibbs
@westgibbs 11 ай бұрын
who is this manager you use? I lost over 50000 already this year on Vanguard. Im in need of guidance from a financial-planner going forward.
@ClaudiaRom
@ClaudiaRom 11 ай бұрын
@@westgibbs Our consultant is *Loren Lena Walker* , experienced and advanced and consults for many brokerages so is independent and can be a fiduciary to you.
@bengonzalez7777
@bengonzalez7777 8 ай бұрын
I’m under pressure to grow my reserve that currently holds about $500k. I’m down by 20% already following the crash and i fear i could lose more.
@osipsymon4168
@osipsymon4168 8 ай бұрын
Same here, the basic idea is to hold for long term, but I've only got 3years until my 50s are done, Im considering a sort of coach or an FA at this point.
@oliverlogan6023
@oliverlogan6023 8 ай бұрын
With the volatility of the market and inflation, I have been able to scale through the trends with the help of my FA, nothing beats proper guidance to avoid making the mistakes most newbies do.
@bengonzalez7777
@bengonzalez7777 8 ай бұрын
@@oliverlogan6023 well said, I actually signed for a few youtube courses but it didn't help much, a colleague suggested I use a proper financial advisor, how did you go about touching base with your adviser
@oliverlogan6023
@oliverlogan6023 8 ай бұрын
My advisor is actually quite known, so it was much easier for me to reach out, I'm in touch with Lisa Ann Moberly, she has a web presence, so you can simply just search her.
@osipsymon4168
@osipsymon4168 8 ай бұрын
@@oliverlogan6023 I usually don’t take online recommendations, but this Lisa advisor seem to know her stuff, just went through her website and I booked an appointment.
@johnandreae3246
@johnandreae3246 10 ай бұрын
Great information here thanks for the work you do, can you recommend what to do if you are 50% owner in an S corp and you would personally like to take advantage of the Mega Roth IRA and 401 K planning. Partner does not want to participate.
@laddcraner4170
@laddcraner4170 8 ай бұрын
Amazing content!!! I'll be calling, soon...
@michaelkobulnicky3399
@michaelkobulnicky3399 11 күн бұрын
Me too!
@user-fe9nv9lw9f
@user-fe9nv9lw9f 11 ай бұрын
How does this trading stuff work? Am really interested but i just don't know how it go about it. I heard people really make it huge trading
@dagame614
@dagame614 11 ай бұрын
Nancy Williams is the key to robust profits. I'm currently on my fourth trade. Started off with a low and now my wallet unbelievable!
@user-fe9nv9lw9f
@user-fe9nv9lw9f 11 ай бұрын
Please how do I get in touch with this Nancy Williams?
@user-fe9nv9lw9f
@user-fe9nv9lw9f 11 ай бұрын
Thanks for sharing her contact information. I really appreciate the information
@badassoptic
@badassoptic 11 ай бұрын
So basically, I had to put some of that take home money into the mega backdoor? But where do I get the money to live? For example, If I make $100K, I just live on $30K, and put $70K into retirement? Is this the after tax contribution you are talking about?
@rafiqtsm1451
@rafiqtsm1451 11 ай бұрын
It’s a mix according to this chart
@badassoptic
@badassoptic 10 ай бұрын
@@rafiqtsm1451 In this example, these oil workers didn't have expensive rent, so they can save up that to put back into their roth. For people who have to pay rent and food in major cities, and still want to max out this strategy, they may have to make like at least $200K a year
@ABCD-si7px
@ABCD-si7px 10 ай бұрын
Start a business.
@rkgunn
@rkgunn 11 ай бұрын
What if you have employees in your SCORP… you’d have to match any amount of after tax contributions because of ERISA rules?
@robertl6711
@robertl6711 4 ай бұрын
My 401k has been over 20% for the last 3 years and going. 15% totally doable.
@JohnSmith-mi8ov
@JohnSmith-mi8ov 11 ай бұрын
Not all employers allow after tax contributions due to some legal issues coming from different income levels within company. What to do then?
@headlibrarian1996
@headlibrarian1996 10 ай бұрын
You're screwed. My company doesn't allow after-tax contributions because they fear the plan would fail non-discrimination testing.
@marybethwilkins6071
@marybethwilkins6071 6 ай бұрын
Thank you
@southsidepr6573
@southsidepr6573 11 ай бұрын
Thanks
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