I’m in ireland ?can I do that I’m in ireland? Reply please
Annual 12% return on investment for decades is pie in the sky. S&P has averaged approximately 8-10% over time, with all dividends being reinvested.
Now he says if you are 50 years old and save $19800 per year in ira ?How are you going to put 20k in a year in ira if the limit per year is $6000?
Hey BroKo :3
Thank you for sharing, Mark. Great video with easy-to-understand about Roth IRA
I think it's because 90% of all traders and learning novices think they can make 20-40% monthly roi (or even more) and be able to sustain it long term.It is possible I suppose but you would need to have a lethal drawdown and I seriously don't think most traders have the stomach for it once you are trading for anything more than a small part of your monthly paycheck.
Go the self directed IRA route…you can grow it exponentially, but you do have to know how to invest.
I called Mark's office got charged $200 and got no information how to do it. You can only put in 7k a year in a Roth.
Which Roth IRA should I sign up for?
There will be tax on capital gains on Roth bro
This guy is selling a pie in the sky otherwise called a scam. He is pushing a self directed IRA that would most likely put you in the poor house faster that you can say IRA!!!
12%? you beat the s&P500 for so many years lol. go claim your million from Bufett
I started a Roth IRA at the age of 70 – I max it out each year! When I reach 90 …… I'LL BE A MILLIONAIRE !
who get's 12% as a norm??? Good video but is the a consistent percentage?
You do NOT get 10 – 12% in a S&P fund on Average over the last 50 years… also history is NOT an indicator of future returns… especially in this aging environment of Central Bank Manipulation. Take this strategy but be wary, this is a Best of the best estimates and not realistic.
maximum under age 50 is 6k per year , 7k if you're above 50. Am I wrong on this?
I currently have a self-directed vanguard but not a Roth: can I transfer my funds to this directed ROI? what do you charge for buying and se
Am I missing something….isn't the current maximum contribution limit for a Roth IRA $6,000 in 2019? How can one contribute $19,000?
enjoy now or enjoy later. u decide
This is incorrect. You can only contribute a max of $6000 per year into an IRA, and $7000 per year if you’re over 50 years old. And yes, you can have multiple ROTH IRAs but these numbers are the max per individual regardless of the amount of accounts.
Okay, but what’s the investment? What are we investing the money in so it gets to that 1million dollars
I'm about to turn 30 in a month … Last year I started saving weekly 300 dollars on January 1st and I broke my piggy on December 31 and I almost got 17k.. I wish I knew about this video since then. Next year I'm starting for sure .
Hey Mark. Love the video. I’m 48 years old and I currently have over $415K in my 401K. I have a $50K Annuity with New York Life. I love the investment strategy you showed for the different age groups to obtain a 1M portfolio via Roth IRA/Self-Direct IRA . Since I already have over 415K, how much can I start with now to obtain 1M or more by age 67.
Please advise. I have no house note, no car note and one credit card. I have a credit score of 800. I have approximately $200-$300 extra a month now to save. Please advise. I need a little direction.
lmao knew this was an ad HAHA, but it's honestly funny how older people buy this stuff up like candy. Ill be honest I respect the hustle but with so much information online this does not help specially because your assumptions are somewhat wrong
best video ever, this guy is legit!
Wait, can I pull it out after 5 years tax free?
Umm….I need a breakdown for the numbers in between. Like, how much should I invest to get to a million dollars if I am 35 and I want to retire at 65?
lol why would you want to? they are all going to ZERO in the not-too-distant future lol….
does this information benefit a 16 year old kid the same?
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