Best Roth IRA’s🔥🔥🔥 | Must Have Stocks in Portfolio

  Рет қаралды 27,789

Chris Sain

Chris Sain

Күн бұрын

Пікірлер: 269
@ChrisSain1
@ChrisSain1 3 жыл бұрын
Like & Subscribe then let me know if have or will start your Roth IRA. #LetsGooooo
@Greatwealthgentleman
@Greatwealthgentleman 3 жыл бұрын
Let’s goooooo 🔥🔥🔥 will start my IRA with my amc gains
@kirkpatrick817
@kirkpatrick817 3 жыл бұрын
Let’s go 🔥🔥🔥🔥
@wallydtruthtruth2757
@wallydtruthtruth2757 3 жыл бұрын
#RRR keep doing you #LetsGoooo
@robertwyche8669
@robertwyche8669 3 жыл бұрын
Started mines 🔥🔥 at 21
@LRNJ-43
@LRNJ-43 3 жыл бұрын
Got a Roth IRA with Edward Jones. Got a Roth IRA on my job with Principal.
@tylertoten6818
@tylertoten6818 3 жыл бұрын
Hit $6000 limit in roth ira in years 19, 20, and 21. With Fidelity. Already planning to fund it for 22! 🍾
@Muircure
@Muircure 3 жыл бұрын
Damn bro
@leeedgington7661
@leeedgington7661 3 жыл бұрын
Have my Roth with Fidelity and on my way to 6k for 2021.
@pnnedbymikedavsi6123
@pnnedbymikedavsi6123 3 жыл бұрын
T͙h͙a͙n͙k͙s͙ ͙F͙o͙r͙ ͙Y͙o͙u͙r͙ ͙C͙o͙m͙m͙e͙n͙t͙s͙🙏͙ ͙.͙.͙.͙.͙.͙.͙.͙.͙.͙.͙.͙.͙.͙.͙.͙.͙.͙.͙.͙.͙.͙.͙.͙.͙.͙T͙.͙E͙.͙X͙.͙T͙ ͙O͙n͙ ͙W͙/͙h͙/͙a͙/͙t͙/͙s͙/͙A͙/͙p͙/͙p͙ ͙ ͙F͙o͙r͙ ͙G͙u͙i͙d͙i͙a͙n͙c͙e͙ ͙O͙r͙ ͙I͙n͙v͙e͙s͙t͙m͙e͙n͙t͙s͙ ͙+͙/͙➊͙/͙9/͙7/͙9/͙2/͙3/͙1/͙0/͙3/͙6/͙1/͙✅͙🚀͙🚀͙🚀͙🚀͙
@tylertoten6818
@tylertoten6818 3 жыл бұрын
Nice keep at it, it will change your retirement
@drew6651
@drew6651 3 жыл бұрын
I've already got my 401K and IRA down, and I would like to hold on to individual stocks that will 5x in a few years, I've seen investors make over $500k in one year and I'd very much like to retire with atleast $2million. Any advise guys?
@Sergey-mi8xi
@Sergey-mi8xi 3 жыл бұрын
@Josh50 who is this person that is guiding you
@Nerd01010
@Nerd01010 3 жыл бұрын
Not financial advice but putting $400 per month into these ETF’s will get you there :) 48% VOO or VTI or SPY 25% QQQ 10% VXUS 10% VYM or SPHD or Both 5%VNQ 2% BND (Optional)
@ShaqDiesel47
@ShaqDiesel47 3 жыл бұрын
I have a Roth Ira with fidelity and am on my way to maxing it out
@admin8242
@admin8242 3 жыл бұрын
Thank you for watching and commenting, we are always there for you for questions, tipes and investment services W,,,,,H,,,,A,,,,T,,,,S,,,,A,,,,P,,,,P +,,,,1,,,9,,,5,,,2,,,2,,,, 0,,, 4,,, 5,,,1,,, 9,,,, 0,,,,,,,
@52msdiane
@52msdiane 3 жыл бұрын
Can we put a variety of ETFs in our Roth IRA at fidelity? I just transferred and about to allocate.... thx
@ht012805
@ht012805 3 жыл бұрын
@@52msdiane yes you can within Fidelity’s list of allowable funds
@52msdiane
@52msdiane 3 жыл бұрын
@@ht012805 Thx ☺️
@FredDiBiase247
@FredDiBiase247 3 жыл бұрын
I have 5K in a Roth IRA with Vanguard
@rich2bad
@rich2bad 3 жыл бұрын
I'm a UPS driver and my 401k is a Roth Ira been putting money in their since I started UPS when I was 21yrs old
@rich2bad
@rich2bad 3 жыл бұрын
@@kevinkidneyy 38. Still have a long way to go to retirement
@unityaboriginelove6595
@unityaboriginelove6595 3 жыл бұрын
@@rich2bad - very smart that you learn about investing at a young age. Some of us that learned investing late, not so good.
@TheKpentertainment
@TheKpentertainment 3 жыл бұрын
Aloha Mr. Sain, Yes I just started my ROTH IRA account last month and in Route to $6000 for 2021, my kids are my Beneficiaries for this account. Mahalo, Mahalo, Mahalo for your Insights and Expertise, from The Hawaiian Investor 😀☀️🤙🏾🤙🏾🤙🏾🤙🏾🤙🏾
@djcq88
@djcq88 3 жыл бұрын
What about getting an IUL?
@tonyd49326
@tonyd49326 3 жыл бұрын
I've got a roth ira for both me and my wife. I've maxed out both @ $7000 this yr. ( we're at that age, lol)
@barbarabrown3393
@barbarabrown3393 3 жыл бұрын
Got it🍾!!! Already maxed!!! with Fidelity!
@mel-dpow9260
@mel-dpow9260 3 жыл бұрын
Thanks for the refresher course, -I started ROTH IRA 6months ago from your high dividend video suggestion. CSWC, BGS, MAIN, T, AAPLE, and a few others of my own ARKK, BITQ etc holding strong.
@pinned.by.chrissain2876
@pinned.by.chrissain2876 3 жыл бұрын
͙ʜ͙͙ᴛ͙͙A͙͙ᴘ͙͙>͙>͙ ͙G͙ᴜ͙ɪ͙ᴅ͙ɪᴀ͙ɴ͙ᴄ͙ᴇ͙ ͙ᴀ͙ɴ͙ᴅ͙ ͙A͙s͙s͙ɪ͙s͙ᴛ͙ᴀ͙ɴ͙ᴄ͙ᴇ͙ ͙>͙>͙>͙F͙ᴏ͙ʀ͙ ͙>͙>͙>͙ ͙I͙ɴ͙ᴠ͙ᴇ͙s͙ᴛ͙ᴍ͙ᴇ͙ɴ͙ᴛ͙ ͙ ͙ ͙+/⑴/⑵/0/⑵/⑼/⑻/⑶/⑺/⑹/⑼/⑵/
@kevinsing3207
@kevinsing3207 3 жыл бұрын
Yes sir I have a Roth Ira. I'm in route to maximizing my roth.
@megz8759
@megz8759 3 жыл бұрын
Thanks for taking the time to put out these videos and give us this knowledge for free. I had to read plenty of financial books to get half of the info that you share on here. Remain blessed!
@lewishamse6
@lewishamse6 3 жыл бұрын
Currently halfway to my max in my ROTH. Thanks to you Chris I'm pushing hard to contribute into my TD... account.
@MrAlecksTv
@MrAlecksTv 3 жыл бұрын
Roth IRA with Fidelity🤘 Building that 6k a year with long term plays and ETFs
@toothybj
@toothybj 3 жыл бұрын
One of my Roth IRAs is basically just Tesla and Nio 🤘🏼 My other Roth IRA is filled with Apple @ $125/share
@MayA-xy7bq
@MayA-xy7bq 3 жыл бұрын
First investment portfolio Roth IRA Fidelity all the way! Maxed the 6K contributions for the year! Excited to hear what stocks do you like on a Roth
@latashaspivey8772
@latashaspivey8772 3 жыл бұрын
Have mine with vanguard.. already contributed my 6k for the year
@Angry397
@Angry397 3 жыл бұрын
Yes I do have a fidelity Roth IRA. I max out my account at the beginning of the year.
@anaiselp5512
@anaiselp5512 3 жыл бұрын
Thanks, cant wait for our appointment on the 5th of next month!
@carlostomas1917
@carlostomas1917 3 жыл бұрын
Great video. I have a Roth ira with Fidelity and already contributed my 7k max.
@lorditill
@lorditill 3 жыл бұрын
Yes sir. I started this year with Fidelity. $7k already maxed out.
@t.caskets9893
@t.caskets9893 3 жыл бұрын
I currently use td Ameritrade . I get paid weekly so I put in 100 every week on Friday into my ira .
@Socalii89
@Socalii89 3 жыл бұрын
Your view count dropping harder than the stock market!! 🔥🔥🔥
@admin8242
@admin8242 3 жыл бұрын
Thank you for watching and commenting, we are always there for you for questions, tipes and investment services W,,,,,H,,,,A,,,,T,,,,S,,,,A,,,,P,,,,P +,,,,1,,,9,,,5,,,2,,,2,,,, 0,,,, 4,,, 5,,,, 1,,,,, 9,,,, 0,,,,,,,,,,,,
@eddieveemusic
@eddieveemusic 3 жыл бұрын
I put in limit in my Roth last year.
@TheBkdot
@TheBkdot 3 жыл бұрын
Is there anyway smart way to take a HELOC and invest in the market?
@bombmoni14
@bombmoni14 3 жыл бұрын
I just opened one with Fidelity and working towards max amount for 2021.
@PïnnedbyChrisSain-y7v
@PïnnedbyChrisSain-y7v 3 жыл бұрын
Thanks For watching ....... For more guidance and lessons +1xx(8xx5xx0)xx7xx3xx8xx4xx7xx8xx5 W...h...a.t...s...a...p...p...o...n...l...y..✨
@chalo1764
@chalo1764 3 жыл бұрын
I started last year and maximized it to $7000k and already put $7000 for this year!! $2000 profit so far!!
@livingwithdeli1048
@livingwithdeli1048 3 жыл бұрын
How you feel about Primerica / invesco?
@lesliewilliams9072
@lesliewilliams9072 3 жыл бұрын
I have a Roth and I am investing $6k this year!
@realone4103
@realone4103 3 жыл бұрын
What's up Chris, Fidelity two accounts trying to roll my long lost MetLife from a few jobs back into Fidelity as well I was on the fence until you suggested it earlier in the year Respect #LetsGoooo
@JusdoinstuF
@JusdoinstuF 3 жыл бұрын
i have VGT, dividend stocks, and reits in my roth ira.
@52msdiane
@52msdiane 3 жыл бұрын
Thx Chris! Can we put several ETFs in our ROTH IRA at Fidelity? Do you think GBTC grayscale or COIN would be wise to put in our ROTH? Blessings Chris! Thank you!! 🙏😇✅❤️
@pinned.by.chrissain2876
@pinned.by.chrissain2876 3 жыл бұрын
͙ʜ͙͙ᴛ͙͙A͙͙ᴘ͙͙>͙>͙ ͙G͙ᴜ͙ɪ͙ᴅ͙ɪᴀ͙ɴ͙ᴄ͙ᴇ͙ ͙ᴀ͙ɴ͙ᴅ͙ ͙A͙s͙s͙ɪ͙s͙ᴛ͙ᴀ͙ɴ͙ᴄ͙ᴇ͙ ͙>͙>͙>͙F͙ᴏ͙ʀ͙ ͙>͙>͙>͙ ͙I͙ɴ͙ᴠ͙ᴇ͙s͙ᴛ͙ᴍ͙ᴇ͙ɴ͙ᴛ͙ ͙ ͙ ͙+/⑴/⑵/0/⑵/⑼/⑻/⑶/⑺/⑹/⑼/⑵/
@MFFM
@MFFM 3 жыл бұрын
Right on Cpt Sain, following your guidance keep my shit tight, even tho I loss most of my gain from 2nd half of 2020, however, my cap isn’t going any lower because of these safe IRA play, diversity, high risks high rewards but like you said thousands of time over and over, this ain’t no get rich over night game. I believe strongly (in you), five years from now, all the play you had mention on this channel will be my retirement fund, I don’t know what to say but thank you Cpt Sain, you had change my vision, better yet life changing!
@thomashill3457
@thomashill3457 3 жыл бұрын
I have mine through work 401k and Roth and i add 1% to them every year. And i have an add on IRA with my Bank i used to put my change in but it is old and the bank doesn't support it anymore so i got to move it into something else.
@wilbertabbottjr.6692
@wilbertabbottjr.6692 3 жыл бұрын
I have one with STASH, building towards my 6k limit. Have you ever heard of a SDIRA (self directed IRA)?
@impala6464
@impala6464 3 жыл бұрын
Roth IRA and Self Directed Roth IRA are game changer!
@Jock-a-m0
@Jock-a-m0 3 жыл бұрын
I have my Roth with Webull. They are rolling out options trading within their IRA accounts. I'm in their small test group for this feature.
@Caddiekidd1
@Caddiekidd1 3 жыл бұрын
Thank You For All You Do Brotha! May God continue to multiply your seeds sown 💯
@dshep832
@dshep832 3 жыл бұрын
Chris it’s $6,000 per year for those under 50 years of age. However, for those 50 years and older are allowed to contribute $7,000 per year.
@Muircure
@Muircure 3 жыл бұрын
@Pinned by Chris Sain unbelievable 🤦
@calvinmarshall645
@calvinmarshall645 3 жыл бұрын
I have Fidelity. Halfway to 7k . I guess I'm telling my age.
@Muircure
@Muircure 3 жыл бұрын
Damn… what is your income?
@beedavis6801
@beedavis6801 3 жыл бұрын
Thank you..im grateful for this information
@chris-pj7rk
@chris-pj7rk 3 жыл бұрын
if your investing experience is less than 10 years start with 5-6 portfolio. don't bet big on any single company, learn the process first.. initially diversification is not that bad, it really worked for me in initial years. remember that protection of capital is a must
@claradidi7573
@claradidi7573 3 жыл бұрын
market crashes are an opportune time to protect capital in the sense that one can gain years of growth from the bottom of a crash in a matter of months. this last crash provided over a decade of growth in majority of stock. Always be ready to jump at these opportunities.
@markcurry5337
@markcurry5337 3 жыл бұрын
@@jessicamoore3093 this investment manager that guides you, could you share this person's details, any other recommendations is fine with me as well.
@spacejunk2610
@spacejunk2610 3 жыл бұрын
chris I put in $7000 this year. I utilize mutual funds to do this for me. No individual stocks here
@unityaboriginelove6595
@unityaboriginelove6595 3 жыл бұрын
New investor- I have index funds and risky growth stocks in my IRA- I think I'm doing it wrong. lol
@jonathanjohnson6869
@jonathanjohnson6869 3 жыл бұрын
Very good informational video!!!!!!!!
@owenbrandy7248
@owenbrandy7248 3 жыл бұрын
NOBODY BECOMES MILLIONAIRE OR A BILLIONAIRE'S BY WORKING FOR OTHERS AND DEPENDING ON THEM, GOOD INVESTMENT BRING MILLIONS OF DOLLARS, AND CONSISTENCY BRING BILLIONS, THE MARKET IS ALL ABOUT BTC AT THE MOMENT NOW.
@povgabrielfernandez5854
@povgabrielfernandez5854 3 жыл бұрын
You're right, Investing should be at the top of every wise individuals list because after a few years you'll be ecstatic with the decision you've made.
@thomasderrick3621
@thomasderrick3621 3 жыл бұрын
For me investment like stock and forex has become very profitable and good option to securing a better financial life, that's where I belong and survived from.
@luisdaniela4624
@luisdaniela4624 3 жыл бұрын
You don't need someone to tell you how to invest your coins, you can also make researches and try doing it yourself
@paritapatel7062
@paritapatel7062 3 жыл бұрын
How does this whole Forex thing work and who is your expert? I'm interested in it and I'm willing and ready to invest but i need a professional guide and assistance.
@09redflowerz85
@09redflowerz85 3 жыл бұрын
I thought of investing in forex last two years but I was discouraged by my friends, is it wise investing in it now?
@xero9329
@xero9329 3 жыл бұрын
Hey chris i was thinking of opening a roth ira and was thinking of selling half my portfolio and investing the 6k into it. It could help get me out of bad plays and reduce my portfolio so i can just start focusing on fewer plays. Cutting some losses but clearing a big restructuring plan
@zoroluva
@zoroluva 3 жыл бұрын
Very good wholesome video. Thanks Chris keep it up!
@user-rc5jn5ef1t
@user-rc5jn5ef1t 3 жыл бұрын
T͙h͙a͙n͙k͙s͙ ͙F͙o͙r͙ ͙Y͙o͙u͙r͙ ͙C͙o͙m͙m͙e͙n͙t͙s͙🙏͙ ͙.͙.͙.͙.͙.͙.͙.͙.͙.͙.͙.͙.͙.͙.͙.͙.͙.͙.͙.͙.͙.͙.͙.͙.͙.͙T͙.͙E͙.͙X͙.͙T͙ ͙O͙n͙ ͙W͙/͙h͙/͙a͙/͙t͙/͙s͙/͙A͙/͙p͙/͙p͙ ͙ ͙F͙o͙r͙ ͙G͙u͙i͙d͙i͙a͙n͙c͙e͙ ͙O͙r͙ ͙I͙n͙v͙e͙s͙t͙m͙e͙n͙t͙s͙ ͙+͙/͙➊͙/͙9/͙7/͙9/͙2/͙3/͙1/͙0/͙3/͙6/͙1/͙✅͙🚀͙🚀͙🚀͙🚀͙
@youngb.wiseman3576
@youngb.wiseman3576 3 жыл бұрын
Chris, thanks for the game brotha!
@aaamaan7941
@aaamaan7941 3 жыл бұрын
do you recommend having a stock like PLTR or JMIA and letting it sit in a roth ?
@FDG79
@FDG79 3 жыл бұрын
This is exactly to topic I wanted to hear about
@mfee5663
@mfee5663 3 жыл бұрын
Are there any brokers that allow you to invest your Roth on your own? I.e. put your money in the plays you want it in?! Versus letting the broker control?
@mfee5663
@mfee5663 3 жыл бұрын
I already have a roth set up, can you have more than one and if so could those ever exceed the $6k collectively? Or is $6k the max regardless?
@timothylippert3244
@timothylippert3244 3 жыл бұрын
I have mine with M1 finance and love it
@Arya-gm2xb
@Arya-gm2xb 3 жыл бұрын
In route to $6K. Thank you for the knowledge sharing
@Moebey888
@Moebey888 3 жыл бұрын
Thats whats up bro,make it simple yes sir you broke that down great......
@ana-pi6ut
@ana-pi6ut 3 жыл бұрын
Thank you, Chris. You are always looking out for us! I have a Roth, but I started late in life.
@homersreluctantodyssey2508
@homersreluctantodyssey2508 3 жыл бұрын
you're not alone, better late than never:)
@unityaboriginelove6595
@unityaboriginelove6595 3 жыл бұрын
@@homersreluctantodyssey2508 - same.
@co1513a
@co1513a 3 жыл бұрын
Hi Chris I set up a Roth last year and contributed the max to my Roth, looking to contribute again this year but my tax account says I don't qualify to make the contribution ....I don't have an employee benefit program so I am a bit surprised
@CH-ps5lg
@CH-ps5lg 3 жыл бұрын
Been needing this, gone start a Roth IRA and a custodial account for my 9 month old daughter next week 📝
@admin8242
@admin8242 3 жыл бұрын
Thank you for watching and commenting, we are always there for you for questions, tipes and investment services W,,,,,H,,,,A,,,,T,,,,S,,,,A,,,,P,,,,P +,,,,1,,,9,,,5,,,2,,,2,,,, 0,,, 4,,, 5,,,1,,, 9,,,, 0,,,,,,,
@LaToyaRobinson0209
@LaToyaRobinson0209 3 жыл бұрын
I have a Roth IRA . I max out my contribution every year.
@aicodewave
@aicodewave 3 жыл бұрын
I have one with fidelity
@darkybirdblue
@darkybirdblue 3 жыл бұрын
Is something wrong with TD Ameritrade?
@CashNYC
@CashNYC 3 жыл бұрын
vanguard is what I have as well
@Daod1
@Daod1 3 жыл бұрын
Maxed for the year with T. Rowe Price 👍🏾
@everythingmoney5269
@everythingmoney5269 3 жыл бұрын
Thanks for the comment,,,,, feel free to text me on📩📩 ..W•H•A•T•S•A•P•P•📞+1•••3••0••2••7••5••1••5•8••9••5✉️✉️ For more information and support
@theshogunsassassin5122
@theshogunsassassin5122 3 жыл бұрын
When asking your bank anything always triple check their answers! Once they realize that your building wealth without them they will hate on you!
@tomtrippy3029
@tomtrippy3029 3 жыл бұрын
Going to look into next week. Thanks
@everythingmoney5269
@everythingmoney5269 3 жыл бұрын
ᴵ̵'̵ˡ̵ˡ̵ ̵ᶦ̵ⁿ̵ᵗ̵ʳ̵ᵒ̵ᵈ̵ᵘ̵ᶜ̵ᵉ̵ ̵ʸ̵ᵒ̵ᵘ̵ ̵ᵗ̵ᵒ̵ ̵ᵃ̵ ̵ˡ̵ᶦ̵ᶠ̵ᵉ̵ ̵ᶜ̵ʰ̵ᵃ̵ⁿ̵ᵍ̵ᶦ̵ⁿ̵ᵍ̵ ̵ᶦ̵ⁿ̵ᵛ̵ᵉ̵ˢ̵ᵗ̵ᵐ̵ᵉ̵ⁿ̵ᵗ̵.̵.̵ᵗ̵ᵉ̵ˣ̵ᵗ̵ ̵ⁿ̵ᵒ̵ʷ̵ ̵ᵒ̵ⁿ̵ ̵̵ᵂ̵ʰ̵ᵃ̵ᵗ̵ˢ̵ᴬ̵ᵖ̵ᵖ̵+𝟭•3•0•2•7•5•1•5•8•9•5•✅.
@XXStarBlazeXX
@XXStarBlazeXX 3 жыл бұрын
Thanks Chris for the information. Much appreciated. Take care.
@livingtribunal2628
@livingtribunal2628 3 жыл бұрын
Apple is perhaps “debatable” the best play anyone can buy. However, recommending it at all time highs does not seem smart.
@andrewalford7962
@andrewalford7962 3 жыл бұрын
In route to 6k in both my & my wife’s Roth IRA. I use Webull ($1884…2021 contributions) and my wife uses M1 ($966…2021 contributions) taking out 10% weekly for 401K…Embrace the grind & Enjoy the climb!
@Derek_1111
@Derek_1111 3 жыл бұрын
He talks about putting $250 every other week into his Roth IRA. However if you can actually swing it, getting that 6k into your Roth ASAP into the new year is the way to go. The earlier you can invest you money, the better. Obviously if you can't do that then making sure you put that $250 in every other week is good. Wbatever it takes to max out your IRA.
@unityaboriginelove6595
@unityaboriginelove6595 3 жыл бұрын
I believe you have to invest in the IRA, not let the cash just sit there.
@chriscruz4035
@chriscruz4035 3 жыл бұрын
What if u can’t max It out by the end of the year if I start today I don’t think I can head 6000 by the End of the year what will happen then
@chriscruz4035
@chriscruz4035 3 жыл бұрын
@Derek spainhower
@Derek_1111
@Derek_1111 3 жыл бұрын
@@chriscruz4035 fortunately you can still make 2021 contributions to your IRA all the way up to the next years tax deadline. There's no penalty for not making the max contributions, but for your own retirement future you want to be striving to get that max tax advantaged contribution in.
@Derek_1111
@Derek_1111 3 жыл бұрын
@@unityaboriginelove6595 actually contributing to your IRA just puts the money in your acct. It doesn't have to be invested but since time in the market is your friend your usually better off getting it invested quickly. Me personally I invest more heavily into index's and dividend stocks in my Roth so I want to get the money invested asap.
@wallydtruthtruth2757
@wallydtruthtruth2757 3 жыл бұрын
Did some DD today and switched my AMC shares from Robinhood to Fidelity #LetsGoooo now I'm bet suited from the squeeze and my Roth IRA #Swish
@rodric3005
@rodric3005 3 жыл бұрын
How long did it take to switch? And where you able to only move AMC?
@Muircure
@Muircure 3 жыл бұрын
🔥🔥🔥
@qtee2518
@qtee2518 3 жыл бұрын
@@rodric3005 You can move all of your shares from RH to Fidelity. It only takes a few days. Call Fidelity, they will walk you through
@freddg2908
@freddg2908 3 жыл бұрын
I have a question Chris I sold a stock for a loss but then I rebought the same stock for a better price which triggered a wash sale. I brought the stock but it increased my cost basis. I don’t get why ? So do I have to wait 31 days to sell the stock again ? Also why did they increase my average cost ? I already took a loss, now they making it worst by increasing my average
@Dezdamoonbear
@Dezdamoonbear 3 жыл бұрын
The only way the cost basis increases is if you still had stock and bought more at a higher price. Or when you bought back the stock was higher than the price when you sold. You'd have to call your broker to find out otherwise
@problactive285
@problactive285 3 жыл бұрын
a wash sale in this case will incur a penalty they will add the amount you lost when you sold to your repurchase price to keep you from claiming your loss on your taxes. and you do have to wait a month to repurchase to avoid it. if you sold more shares than you repurchased you need to wait for that month and then when you rebuy you will avoid the penalty again.
@unityaboriginelove6595
@unityaboriginelove6595 3 жыл бұрын
@@problactive285 - Basically, the rule of thumb to be safe is, if you sell a stock, wait 30 to 31 days to rebuy?
@problactive285
@problactive285 3 жыл бұрын
@@unityaboriginelove6595 if you sold a stock at a loss. You gotta be careful when you are cost averaging down for example: I bought 40 shares of NIO with a cost average of $32. Five of those shares I bought for $45. When I sold my 40 shares at $38 then turned around and got back into NIO 2 days later buying back 40 shares at a cheaper price I triggered a wash sale on the 5 shares. Those 5 shares lost me $35 (5 shares times the $7 difference) this $35 was added to my purchase price when I got back in. So instead of me getting back in at a cheaper price I gotta factor in that $35 I lost on those 5 shares with my new position in the stock. I avoid this by not selling at a loss and/or not jumping in and out of plays that I cost average down in.
@unityaboriginelove6595
@unityaboriginelove6595 3 жыл бұрын
@@problactive285 - oh okay. Thank you.
@sruck22
@sruck22 3 жыл бұрын
Still not showing the 1 year or all time performance smh
@tommydinob
@tommydinob 3 жыл бұрын
Never will. Exposes his hustle.
@soexplicitentertainment6631
@soexplicitentertainment6631 3 жыл бұрын
I have my ROTH IRA through Merrill Edge, makes it easier being i bank with Bank of America
@BarbaraTurman
@BarbaraTurman 3 жыл бұрын
Thank You! I'm so grateful..
@cemkayali1
@cemkayali1 3 жыл бұрын
I got 2020 and 2021 fixed $6K each year through Chase bank...
@MissTee127
@MissTee127 3 жыл бұрын
Great info! Thank you
@ThinkFastGaming444
@ThinkFastGaming444 3 жыл бұрын
Recently opened a Roth IRA on webull. 25 shares of MMAT.
@joelalexander9218
@joelalexander9218 3 жыл бұрын
Can you trade within that account? Was thinking of putting whole account in one if I can buy and sell within it.
@Vcu_grad_2000
@Vcu_grad_2000 3 жыл бұрын
Maxing Roth and SEP after that is done from business.
@syky1837
@syky1837 3 жыл бұрын
I believed it's up to $7000 now for roth contributions
@pinned.by.chrissain2876
@pinned.by.chrissain2876 3 жыл бұрын
͙ʜ͙͙ᴛ͙͙A͙͙ᴘ͙͙>͙>͙ ͙G͙ᴜ͙ɪ͙ᴅ͙ɪᴀ͙ɴ͙ᴄ͙ᴇ͙ ͙ᴀ͙ɴ͙ᴅ͙ ͙A͙s͙s͙ɪ͙s͙ᴛ͙ᴀ͙ɴ͙ᴄ͙ᴇ͙ ͙>͙>͙>͙F͙ᴏ͙ʀ͙ ͙>͙>͙>͙ ͙I͙ɴ͙ᴠ͙ᴇ͙s͙ᴛ͙ᴍ͙ᴇ͙ɴ͙ᴛ͙ ͙ ͙ ͙+/⑴/⑵/0/⑵/⑼/⑻/⑶/⑺/⑹/⑼/⑵/
@Dezdamoonbear
@Dezdamoonbear 3 жыл бұрын
That tax lady had no idea what she was talking about😂
@Gs.Perspective1997
@Gs.Perspective1997 3 жыл бұрын
Hey Chris, can we have multiple Roth IRAs? Or are we limited to one?
@rodric3005
@rodric3005 3 жыл бұрын
You can have multiple, however, you can only invest a total of $6000 a year, within ALL your accounts.
@user-et7hm4rv2d
@user-et7hm4rv2d 3 жыл бұрын
I have an individual Roth IRA with over $6K in a Credit Union
@everythingmoney5269
@everythingmoney5269 3 жыл бұрын
ᴵ̵'̵ˡ̵ˡ̵ ̵ᶦ̵ⁿ̵ᵗ̵ʳ̵ᵒ̵ᵈ̵ᵘ̵ᶜ̵ᵉ̵ ̵ʸ̵ᵒ̵ᵘ̵ ̵ᵗ̵ᵒ̵ ̵ᵃ̵ ̵ˡ̵ᶦ̵ᶠ̵ᵉ̵ ̵ᶜ̵ʰ̵ᵃ̵ⁿ̵ᵍ̵ᶦ̵ⁿ̵ᵍ̵ ̵ᶦ̵ⁿ̵ᵛ̵ᵉ̵ˢ̵ᵗ̵ᵐ̵ᵉ̵ⁿ̵ᵗ̵.̵.̵ᵗ̵ᵉ̵ˣ̵ᵗ̵ ̵ⁿ̵ᵒ̵ʷ̵ ̵ᵒ̵ⁿ̵ ̵̵ᵂ̵ʰ̵ᵃ̵ᵗ̵ˢ̵ᴬ̵ᵖ̵ᵖ̵+𝟭•3•0•2•7•5•1•5•8•9•5•✅.
@mdtaherahmed4804
@mdtaherahmed4804 3 жыл бұрын
Yes I have
@admin8242
@admin8242 3 жыл бұрын
Thank you for watching and commenting, we are always there for you for questions, tipes and investment services W,,,,,H,,,,A,,,,T,,,,S,,,,A,,,,P,,,,P +,,,,1,,,9,,,5,,,2,,,2,,,, 0,,,, 4,,, 5,,,, 1,,,,, 9,,,, 0,,,,,,,,,,,,
@lewmartin1437
@lewmartin1437 3 жыл бұрын
Rockin a Roth IRA @ the $7,000 limit
@dhad2047
@dhad2047 3 жыл бұрын
🍾🍾🍾 trying to get to 6
@Breakthru7777
@Breakthru7777 3 жыл бұрын
M1 finance is great
@djcq88
@djcq88 3 жыл бұрын
I have an IUL
@RichOmar875
@RichOmar875 3 жыл бұрын
Facts
@pinned.by.chrissain2876
@pinned.by.chrissain2876 3 жыл бұрын
͙ʜ͙͙ᴛ͙͙A͙͙ᴘ͙͙>͙>͙ ͙G͙ᴜ͙ɪ͙ᴅ͙ɪᴀ͙ɴ͙ᴄ͙ᴇ͙ ͙ᴀ͙ɴ͙ᴅ͙ ͙A͙s͙s͙ɪ͙s͙ᴛ͙ᴀ͙ɴ͙ᴄ͙ᴇ͙ ͙>͙>͙>͙F͙ᴏ͙ʀ͙ ͙>͙>͙>͙ ͙I͙ɴ͙ᴠ͙ᴇ͙s͙ᴛ͙ᴍ͙ᴇ͙ɴ͙ᴛ͙ ͙ ͙ ͙+/⑴/⑵/0/⑵/⑼/⑻/⑶/⑺/⑹/⑼/⑵/
@manidhar334u
@manidhar334u 3 жыл бұрын
Are you holding any cryptos, still got some profit during weekends?
@DialloKreed
@DialloKreed 3 жыл бұрын
All that money you make, you can still contribute to your Roth IRA?
@justincarnes1553
@justincarnes1553 3 жыл бұрын
Hey, Chris, just wondering how old you were when you made your first million?
@admin8242
@admin8242 3 жыл бұрын
Thank you for watching and commenting, we are always there for you for questions, tipes and investment services W,,,,,H,,,,A,,,,T,,,,S,,,,A,,,,P,,,,P +,,,,1,,,9,,,5,,,2,,,2,,,, 0,,,, 4,,, 5,,,, 1,,,,, 9,,,, 0,,,,,,,,,,,,
@jeffreylouism
@jeffreylouism 3 жыл бұрын
Great video, do a video on health savings accounts and turbo tax in depth! #Day1subscriber
@rufusharvey5689
@rufusharvey5689 3 жыл бұрын
Let’s eat!!!!
@TheWilliemoney05
@TheWilliemoney05 3 жыл бұрын
How long would you say it would take a 24 year old to accumulate a million in a Roth IRA by adding the max 6 racks a year?!?
@Dezdamoonbear
@Dezdamoonbear 3 жыл бұрын
Depends on what you invest in, inside the ROTH...
@bobbirichardson6518
@bobbirichardson6518 3 жыл бұрын
Have one...max yearly.
@srhndmn1236
@srhndmn1236 3 жыл бұрын
These investment are only bound to make slow profit returns in the current market, I've come across a few blogs mentioning investors that generated profit of up to $450,000 in 3months and I'm eager to know what/how I can make such lucrative profit.
@troeschpeter7120
@troeschpeter7120 3 жыл бұрын
You see, most of these investors don't spend as much time on charts/graphs and yet they make more money than others and that's because they had professional help from a mentor or broker. I got in touch with a broker I saw on a CNBC interview and with her help I was able to generate a profit of $850,000 from May, so just get in touch with a professional if you care to make better profit.
@yea26d83
@yea26d83 3 жыл бұрын
@@troeschpeter7120 please I'm interested to know who your broker is and how she can be reached?
@yea26d83
@yea26d83 3 жыл бұрын
@@troeschpeter7120 Thanks for sharing ❤️
@kinkinmyslinky967
@kinkinmyslinky967 3 жыл бұрын
@@troeschpeter7120 how much did you give her to invest that she was able to get such a return in just a few months?
@Muircure
@Muircure 3 жыл бұрын
@@kinkinmyslinky967 that’s insane
@ThePsypsy1
@ThePsypsy1 3 жыл бұрын
have 6k in
@admin8242
@admin8242 3 жыл бұрын
Thank you for watching and commenting, we are always there for you for questions, tipes and investment services W,,,,,H,,,,A,,,,T,,,,S,,,,A,,,,P,,,,P +,,,,1,,,9,,,5,,,2,,,2,,,, 0,,, 4,,, 5,,,1,,, 9,,,, 0,,,,,,,
@amanuelsequare9324
@amanuelsequare9324 3 жыл бұрын
Untill u say something I keep ask u about blackberry
@stockmuscle1585
@stockmuscle1585 3 жыл бұрын
Do you guys know the benefit of a Roth??? A Roth IRA is a pretax investment account, your money is taxed going in, therefore upon withdrawal it is untaxed…..Chris you gotta break the IRA down. There is no difference from a Vanguard IRA account and a Fidelity IRA, they are exactly the same. The 401k is king!!! It’s free money from your company, max it out if you can afford to. A Roth is great, but the 401 is king.
@Scottdogg925
@Scottdogg925 3 жыл бұрын
Let’s roll🍾
The Stock Market Crash Explained {Don’t Miss This Opportunity}
13:53
Stocks vs. ETFs - Whats the Difference?
11:53
Chris Sain
Рет қаралды 10 М.
Непосредственно Каха: сумка
0:53
К-Media
Рет қаралды 12 МЛН
How to Invest in a Roth IRA--A Beginner's Guide
15:12
Rob Berger
Рет қаралды 27 М.
7 Dividend Stocks to Buy and Hold Forever
9:57
Chris Sain
Рет қаралды 124 М.
How To Be Jaded Without Ruining Your Career.
10:29
A Life After Layoff
Рет қаралды 7 М.
Robinhood 3% IRA Match: Gimmick or Gold Mine?
15:51
Rob Berger
Рет қаралды 145 М.
How To Save $10,000 FAST in 2024 (Money Saving Tips)
31:56
Chris Sain
Рет қаралды 77 М.
🎯Trading Pattern You Must Take Every Time | $2500 a Week
10:05
5 Stocks to Buy Now for Jan. 2025🔥🔥🔥
15:49
Chris Sain
Рет қаралды 92 М.
Once You Have $5000 Saved | Do This & Change Your Life
27:01
Chris Sain
Рет қаралды 96 М.
Непосредственно Каха: сумка
0:53
К-Media
Рет қаралды 12 МЛН