How To Invest As A BEGINNER To $1M Using The "111 Method"

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Steve | Call to Leap

Steve | Call to Leap

Күн бұрын

In this video, I do a step-by-step tutorial on how to invest as a complete BEGINNER.
I talk about how to use the 111 Method to potentially grow your account to $1M by the time you retire.
Essentially you will be buying 1 share of an S&P 500 ETF, every 1 month, to get to $1M.
Remember, when you do this in your Roth IRA, all your earnings and dividends will be tax and penalty free at 59.5!
Make sure to watch this video to the end so you understand how all of this works and make sure to check everything off on the Money Cheat Sheet.
Let me know if you have questions!
I hope this video helps :)
-Steve
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Пікірлер: 244
@RedMoonRising24
@RedMoonRising24 4 ай бұрын
Dude, you're like the only KZbinr ever to share the goods right up front for those who "don't want to watch the entire video". I still want to watch the whole video but that's appreciated!
@ladykd2355
@ladykd2355 12 күн бұрын
I appreciate this too! He ACTUALLY helps you. So rare these days and it's why I watch everything he publishes
@Couchlnvestor
@Couchlnvestor 8 ай бұрын
One would agree it’s impossible to say no to an opportunity like the S&P ETFs. However, mixing in some other assets is how to do it in reality. The market has been great, I’m surfing the AI wave into the next few decades
@henrymitchell9717
@henrymitchell9717 8 ай бұрын
Love it! Keep it simple, buy things you understand, take some risk but don’t try to shoot the lights out.
@Couchlnvestor
@Couchlnvestor 8 ай бұрын
Great advice here. I just hit ~$1m in stock profits from finding inefficiently priced small cap companies to buy :)
@VanillaCherryBread
@VanillaCherryBread 8 ай бұрын
How do you do it? I put in a fair amount over a year ago but I’m barely breaking even, I am afraid my first attempts were kind of tentative
@shannonvelazquez7934
@shannonvelazquez7934 7 ай бұрын
What are some good AI investments you would recommend for someone in their 40's?
@Aussie.ln.a.T-shiRt
@Aussie.ln.a.T-shiRt 7 ай бұрын
New to investing, have done lots of research, wondering if you had/have an advisor when starting out. I am struggling to decide what to invest in with a fair capital. I am sticking to buy limits. However, getting tired of checking my phone everyday. I have cash to deploy but not sure whether to dollar-cost-average. Or go bullish on stocks I believe in. Any advice from anyone would be much appreciated.
@andreapiedmonte1954
@andreapiedmonte1954 9 ай бұрын
Steve! You are a wonderful teacher! I'm 82 years old. You've made investing sound simple. I'm in!
@Kristina-u5g
@Kristina-u5g 9 ай бұрын
Investing in AI trading has been a game-changer for me! I was skeptical at first, but once I saw the results, I was amazed. The AI algorithm has consistently outperformed my own trading decisions, and I've seen a significant increase in my profits. But it's not just about the money - it's about the freedom and peace of mind that comes with knowing my investments are being managed by a cutting-edge technology. I used to spend hours analyzing charts and news, trying to make sense of the markets. But now, I can focus on what matters most to me, while the AI takes care of my trading. I've gained more time, reduced my stress levels, and achieved financial stability. I'm so grateful for this technology, and I can't recommend it enough! If you're hesitant, I understand, but trust me, it's worth exploring. AI trading has truly changed my life, and I'm confident it can do the same for you!"
@4cuttime
@4cuttime 8 ай бұрын
I agree 💯
@marissaawesome2422
@marissaawesome2422 3 ай бұрын
Could you imagine if we had these stock platforms on our cellphone. All growing up I just did or took what my work offered for retirement, but now young kids can get started right away..I thought I had to pay a brokerage a ton of money to do this for me...We just didn't have it this easy...We would be Billionaires if we had this in the 80s..lol
@AGoldieDog32876
@AGoldieDog32876 9 ай бұрын
This has been the most comprehensive investing for beginners videos I have ever watched. Thank you for sharing this information and including tools for everyone to utilize for FREE!
@jamescrumpton8434
@jamescrumpton8434 7 ай бұрын
Good morning Steve I am 54 my wife is 53 we are starting our journey to wealth 🤑 freedom together. We like how you are teaching people in a very simplistic way. My wife says she likes you. We will be watching more videos and supporting your channel. Keep doing what you are doing you are really making a difference in those of us who listen to you teach on what you have been blessed 😇 to do. Glory be to God! Bless His Holy and Righteous name!
@CalltoLeap
@CalltoLeap 7 ай бұрын
Aw thanks James! This means a lot to me! I'm glad you and your wife are enjoying my videos. Thank you for the support!! :)
@Howtobetrulyrich
@Howtobetrulyrich 4 күн бұрын
Steve is super excellent! Everyone wants his guide but don't understand that's he's human and can't reach out to everyone. Please research and do more with the information he gives. That's the best way to go.
@trevorharmon1
@trevorharmon1 9 ай бұрын
Listen to this guy if you dont want to be poor
@Kristina-u5g
@Kristina-u5g 9 ай бұрын
Investing in AI trading has been a game-changer for me! I was skeptical at first, but once I saw the results, I was amazed. The AI algorithm has consistently outperformed my own trading decisions, and I've seen a significant increase in my profits. But it's not just about the money - it's about the freedom and peace of mind that comes with knowing my investments are being managed by a cutting-edge technology. I used to spend hours analyzing charts and news, trying to make sense of the markets. But now, I can focus on what matters most to me, while the AI takes care of my trading. I've gained more time, reduced my stress levels, and achieved financial stability. I'm so grateful for this technology, and I can't recommend it enough! If you're hesitant, I understand, but trust me, it's worth exploring. AI trading has truly changed my life, and I'm confident it can do the same for you!"
@maysun3345
@maysun3345 9 ай бұрын
Thanks!
@Lifeisgoodonearth
@Lifeisgoodonearth 9 ай бұрын
Can you make a video with this same concept for people in their 50s with limited funds. Thanks
@NANETTEMILLER-s8w
@NANETTEMILLER-s8w 9 ай бұрын
Love it my thoughts
@TheMtBaldy
@TheMtBaldy 9 ай бұрын
dont even try unless u wanna go bankrupt
@Kristina-u5g
@Kristina-u5g 9 ай бұрын
Investing in AI trading has been a game-changer for me! I was skeptical at first, but once I saw the results, I was amazed. The AI algorithm has consistently outperformed my own trading decisions, and I've seen a significant increase in my profits. But it's not just about the money - it's about the freedom and peace of mind that comes with knowing my investments are being managed by a cutting-edge technology. I used to spend hours analyzing charts and news, trying to make sense of the markets. But now, I can focus on what matters most to me, while the AI takes care of my trading. I've gained more time, reduced my stress levels, and achieved financial stability. I'm so grateful for this technology, and I can't recommend it enough! If you're hesitant, I understand, but trust me, it's worth exploring. AI trading has truly changed my life, and I'm confident it can do the same for you!"
@Kristina-u5g
@Kristina-u5g 9 ай бұрын
Investing in AI trading has been a game-changer for me! I was skeptical at first, but once I saw the results, I was amazed. The AI algorithm has consistently outperformed my own trading decisions, and I've seen a significant increase in my profits. But it's not just about the money - it's about the freedom and peace of mind that comes with knowing my investments are being managed by a cutting-edge technology. I used to spend hours analyzing charts and news, trying to make sense of the markets. But now, I can focus on what matters most to me, while the AI takes care of my trading. I've gained more time, reduced my stress levels, and achieved financial stability. I'm so grateful for this technology, and I can't recommend it enough! If you're hesitant, I understand, but trust me, it's worth exploring. AI trading has truly changed my life, and I'm confident it can do the same for you!"
@Optimus-Prime-Rib
@Optimus-Prime-Rib 7 ай бұрын
@@TheMtBaldyrubbish
@elri3543
@elri3543 9 ай бұрын
Great video. Please do one for the older folks.
@Thaysrc17
@Thaysrc17 6 ай бұрын
He has an video for 50+
@bebewillow
@bebewillow 9 ай бұрын
Thank you! I'm learning so much from your videos, I really appreciate you sharing your knowledge with us 🙏
@MsLiiaaa
@MsLiiaaa 6 ай бұрын
In my 20s. I’ve watched a lot of finance videos and I’m [almost] debt free. I paid to take another popular KZbinr’s investing course. & yet I still felt like I needed to know a little more before moving my money somewhere. After 2 videos you made me feel confident that I can get set up today! 🎉
@ladykd2355
@ladykd2355 12 күн бұрын
As a woman in her late 30's, GOOD JOB girlfriend!! You are wise beyond your years! 👏👏👏
@NadyaPalacios-f6c
@NadyaPalacios-f6c 9 ай бұрын
You are the best. Thank you! I just subscribed!
@CalltoLeap
@CalltoLeap 9 ай бұрын
Aww thank you!!
@Kaliposwife
@Kaliposwife 8 ай бұрын
Great video. I just sent it to my 28 year old son…thank you!
@cynsochic
@cynsochic 8 ай бұрын
This was excellent! Just what i needed to get started!
@CalltoLeap
@CalltoLeap 8 ай бұрын
Glad to help you get started! :)
@JM-eg5kn
@JM-eg5kn 8 ай бұрын
Hi Steve, what about the fees like expanse ratio that we need to pay annually after buying ETF? Thanks so much!
@vickygolovata4628
@vickygolovata4628 9 ай бұрын
Hello Steve, thank you for this info! Can we get dividends for owning SPY shares? How do we know which companies pay dividends? Many thanks!
@Kristina-u5g
@Kristina-u5g 9 ай бұрын
Investing in AI trading has been a game-changer for me! I was skeptical at first, but once I saw the results, I was amazed. The AI algorithm has consistently outperformed my own trading decisions, and I've seen a significant increase in my profits. But it's not just about the money - it's about the freedom and peace of mind that comes with knowing my investments are being managed by a cutting-edge technology. I used to spend hours analyzing charts and news, trying to make sense of the markets. But now, I can focus on what matters most to me, while the AI takes care of my trading. I've gained more time, reduced my stress levels, and achieved financial stability. I'm so grateful for this technology, and I can't recommend it enough! If you're hesitant, I understand, but trust me, it's worth exploring. AI trading has truly changed my life, and I'm confident it can do the same for you!"
@charletfoster8917
@charletfoster8917 9 ай бұрын
Thanks for the step by step breakdown 🙏🏿😊
@supalpatel6649
@supalpatel6649 20 күн бұрын
Very informative video.. ❤ thank you 🙏🏽
@fem.tompkins5732
@fem.tompkins5732 9 ай бұрын
Hi Steve, I am in my 60’s I want to get more advise in Increaymy retirement portfolio. Please advise. Thank you.
@Kristina-u5g
@Kristina-u5g 9 ай бұрын
Do you know about AI trading.
@bluerich_1986
@bluerich_1986 9 ай бұрын
AI trading investment changed my life literally
@Kristina-u5g
@Kristina-u5g 9 ай бұрын
Wow did you use it in investing?? Investing in AI trading has been a game-changer for me! I was skeptical at first, but once I saw the results, I was amazed. The AI algorithm has consistently outperformed my own trading decisions, and I've seen a significant increase in my profits. But it's not just about the money - it's about the freedom and peace of mind that comes with knowing my investments are being managed by a cutting-edge technology. I used to spend hours analyzing charts and news, trying to make sense of the markets. But now, I can focus on what matters most to me, while the AI takes care of my trading. I've gained more time, reduced my stress levels, and achieved financial stability. I'm so grateful for this technology, and I can't recommend it enough! If you're hesitant, I understand, but trust me, it's worth exploring. AI trading has truly changed my life, and I'm confident it can do the same for you!"
@samsantoyo7119
@samsantoyo7119 9 ай бұрын
I am 57 years old and I have a Charles Schwab account, but I don’t really do anything with it so can I get started with what you were talking about?
@ashokjaswani3066
@ashokjaswani3066 4 ай бұрын
How about investing in REIT shares? Or dividend paying stocks for long term
@ramezmasy5004
@ramezmasy5004 9 ай бұрын
Hi thank you for for the information What the difference between ira and taxable broker account?
@DamionHamilton1277
@DamionHamilton1277 8 ай бұрын
Excellent advice. Thank you. I am learning.
@laloteniente2442
@laloteniente2442 2 ай бұрын
Great information I'm learning about investing for the first time thank you.
@LenaLenton
@LenaLenton 9 ай бұрын
2:14 hello Steve! Thank you for all the valuable information. If I’m investing in my companies 401k with match would you suggest I also open a Roth IRA? I’m over 50, so I’m interested in investing maximum amount but I don’t have 30 yrs. If I only have about 15 yrs does that mean should have 500,000?
@Onurtime
@Onurtime 8 ай бұрын
Yes, once you've maxed out the 401k, max out your Roth IRA next, keep income limits in mind. Once you've maxed those, find a HYSA you like or lock some funds in high yield CDs.
@iamdivinelyabundant777
@iamdivinelyabundant777 4 ай бұрын
Steve you are sooo cool! Thank you! Im starting on my journey more confidently 🎉
@sushichefmike3533
@sushichefmike3533 28 күн бұрын
Question Steve How about at the end of the year how do I do my taxes? Any advices?
@YoungExpress-le6qp
@YoungExpress-le6qp 9 ай бұрын
Hi Steve. Hi everyone. Hope everyone has a great day.
@CalltoLeap
@CalltoLeap 9 ай бұрын
Hi! Hope everyone’s having a good one!
@tammylee4101
@tammylee4101 8 ай бұрын
Hi Steve, thanks for your lessons. Can you do a video on back door Roth IRA in the near future.
@CalltoLeap
@CalltoLeap 8 ай бұрын
Great suggestion!
@patriciaqueiroz6892
@patriciaqueiroz6892 8 ай бұрын
Best teacher ever! Thank you so much!!!!
@CalltoLeap
@CalltoLeap 8 ай бұрын
Thank you Patricia!
@user-hc8li3qn3d
@user-hc8li3qn3d 7 ай бұрын
Money 😊 thank you so much and have a great day
@playarabbit
@playarabbit 9 ай бұрын
Folks watching are more likely over 30, most young folks won't be worried about retirement til they feel old
@matthewjhenson8213
@matthewjhenson8213 7 ай бұрын
I’m 22 and started at 18
@reginatorres5386
@reginatorres5386 9 ай бұрын
Hi Steve! I bought my first 2 shares. 1 SPY and 1 VOO but after watching your video I didn’t realize I need to stick one S&P500. How do I sell or trade my VOO for a SPY to avoid being redundant. Please advise.
@binfig8810
@binfig8810 8 ай бұрын
Thanks so much. I just wish I learn about this when I was in my 20s. I am trying to convince my husband to invest too. Thanks for teaching us and helping us be educated in investing.
@CalltoLeap
@CalltoLeap 8 ай бұрын
Glad it was helpful!
@michaelcurry6420
@michaelcurry6420 9 ай бұрын
Steve what are all of the accts you have? Also My kids are 4 and 5 year old and I want to take they're money that's in a regular savings and put it in a acct where they're money will grow
@stephaniespeights8112
@stephaniespeights8112 2 ай бұрын
STEVE, YOU ARE WELL APPRECIATED 😊
@EspPeguero12
@EspPeguero12 8 ай бұрын
If we have enough in savings; would it be ok to max out the yearly maximum for Roth IRA. ?
@afihaileywibowo1095
@afihaileywibowo1095 8 ай бұрын
Really appreciate your beginner masterclass. Thank you🙏😊
@CalltoLeap
@CalltoLeap 8 ай бұрын
I'm glad you found it helpful!
@allsmiles3281
@allsmiles3281 9 ай бұрын
Can you explain? I have tsp, trowe price workplace 401k from past employer, and an employer 401k. Do I need to open a brokerage to do this strategy?
@Kristina-u5g
@Kristina-u5g 9 ай бұрын
You know AI trading investment can your finance life . Investing in AI trading has been a game-changer for me! I was skeptical at first, but once I saw the results, I was amazed. The AI algorithm has consistently outperformed my own trading decisions, and I've seen a significant increase in my profits. But it's not just about the money - it's about the freedom and peace of mind that comes with knowing my investments are being managed by a cutting-edge technology. I used to spend hours analyzing charts and news, trying to make sense of the markets. But now, I can focus on what matters most to me, while the AI takes care of my trading. I've gained more time, reduced my stress levels, and achieved financial stability. I'm so grateful for this technology, and I can't recommend it enough! If you're hesitant, I understand, but trust me, it's worth exploring. AI trading has truly changed my life, and I'm confident it can do the same for you!"
@Play-Time-HD
@Play-Time-HD 9 ай бұрын
Hi. If im from asia(Malaysia) can you recommend which broker is good?
@BlackODSTArmor
@BlackODSTArmor 9 ай бұрын
What about $SPLG? Would it be 4 shares of $SPLG per month to equal the amount of $VOO or $SPY?
@Edna-Rheiner
@Edna-Rheiner 5 ай бұрын
Great videos. I just found your channel mega like !!!
@FamiliaGuevara
@FamiliaGuevara 2 ай бұрын
Steave what would happen if we open a regular brokerage account with 100.000 and buy all to SPY can we transfer gains to Roth IRA account
@MommyandMelanie
@MommyandMelanie 9 ай бұрын
If I bought two stocks instead of just buying one a month like you said, could I have $1 million potentially in 15 years instead of 30?
@wynternorth5254
@wynternorth5254 9 ай бұрын
So, if you only have 15 - 18 years left to retirement and just starting to invest...do you buy two shares a month, to make up for lost time?
@ivanaruth2735
@ivanaruth2735 6 ай бұрын
Yes, you can buy as many shares as you want to make up for the missed years. I would buy more than 1 share a month if I could afford it.
@shannonvelazquez7934
@shannonvelazquez7934 9 ай бұрын
Hi Steve! I'm in my 40's, would the recommendation be the same to buy 1 share of S&P 500 per month? Also, do you ever sell these shares or just let them compound interest over the next 30 years?
@FEO538
@FEO538 9 ай бұрын
I have the same question.
@shannonvelazquez7934
@shannonvelazquez7934 8 ай бұрын
@calltoleap I wanted to follow up here :)
@Wearestarstuff84
@Wearestarstuff84 7 ай бұрын
Warren Buffet method: Never sell! Let it compound
@doriannemifsud8690
@doriannemifsud8690 Ай бұрын
Hi steve I live in Europe, Ihave some shares in voo and vgt but now its impossible for us to invest in these American etfs. Can you suggest a good ETF like voo for European pls?
@susann.
@susann. 8 ай бұрын
Steve, can you make a video about custodian Roth IRA? I want to open one for my young daughter but don't know what is required since she is too young to make income.
@robertallen4842
@robertallen4842 Ай бұрын
Another Awesome Video!
@Mona-s2e
@Mona-s2e 5 ай бұрын
I am not sure if you did a video about which dividend stocks are worth investing.
@tenzintseten2021
@tenzintseten2021 5 ай бұрын
Thanks for the video, Steve. Is FXAIX and SPY a same thing?
@mitchellchang9941
@mitchellchang9941 5 ай бұрын
Hello Steve, first of all, I really like your videos and they are very easy to understand. I do have a question though, why is it not a good idea to split up the money into a couple more ETFs? Is it a better idea when you are not putting all the eggs in one basket? Though like you said, they are essentially the same, but some returns are slightly higher than the others. I split my roth ira monthly buy in SCHD, VOO and QQQ, can you please help me to understand better? Thank you very much in advance!
@jasonpittman657
@jasonpittman657 9 ай бұрын
Hi Steve , I’m a beginner at this and I just opened fidelity account what is the best to invest in you said VOO, and then S&P 500 which one
@CaedenV
@CaedenV 8 ай бұрын
Generally they are all very similar. Pick the one native to your brokerage as it will likely have the smallest fees for you. Outside of that, they are all extremely similar.
@Optimus-Prime-Rib
@Optimus-Prime-Rib 7 ай бұрын
So for Fidelity its FXAIX
@appleztooranges
@appleztooranges 8 ай бұрын
I’m Currently debt free and would like to make money. Just started Voo in a Roth IRA and plan to do maximum a year into it. Debating on doing a taxable brokerage as well with it
@CalltoLeap
@CalltoLeap 8 ай бұрын
Awesome! I have a lot of friends and family that have a combination of both!
@Blanca-r9d
@Blanca-r9d Ай бұрын
Whats the difference between SPLG and SP500
@alvinplays4466
@alvinplays4466 7 ай бұрын
Hello! Just wanna know is it fine to deposit and invest around $100 a month? I know the invest amounts difference matters but wanna know what the invest amount difference can make any differences? Thanks
@axagirl2894
@axagirl2894 8 ай бұрын
Hi steve why do you not suggest a more diverse strategy? i.e bonds/ stocks
@beth4698
@beth4698 9 ай бұрын
I think U couldn’t open Roth IRA as I don’t have earned income but only disability benefits. Should I just open a regular account but be taxed at the end? Thanks
@RosarioBillingsley
@RosarioBillingsley 8 ай бұрын
I agree do a video for those of us that are older. I have a SEP IRA, individual stocks, mutual funds, real estate apt buildings, a home and a bunch of assets. Even so, I find your videos interesting. Can I find your book on Amazon?
@CalltoLeap
@CalltoLeap 8 ай бұрын
It's free in my description and on my website! Enjoy!
@monicagutierrez6197
@monicagutierrez6197 8 ай бұрын
Steve you are appreciated. QUESTIONS: I have a lump sittings in a rollover that has not been invested. Is it best practice to by invest the lump all at once or beak it up the investing over a period of time? Thanks 🤝
@CalltoLeap
@CalltoLeap 8 ай бұрын
Thanks Monica! It depends on your risk tolerance. Some people will invest the lump sum all at once because they don't mind the volatility of the markets in the long term. Some people may like to invest little by little (dollar cost average) because they want to average in the price as the markets fluctuate.
@raymunddevega
@raymunddevega 9 ай бұрын
I have been using betterment for my Roth IRA - my understanding is that they automatically buy assests and my only responsibility is my monthly contribution. Is that correct? Sorry, I'm a bit confused about whether or not I am using this account correctly. Hope you can clarify. Thanks!
@beSpiritfilled-w5w
@beSpiritfilled-w5w 4 ай бұрын
Hi Steve, what is the difference between FXAIX and SPY?
@scottiekato
@scottiekato 5 ай бұрын
Steve, absolutely love your channel. it's only a matter of time before i become a client! question, i opened my high yield savings with sofi. i noticed i can open a roth IRA with them too but they're not one of your recommendations for Roth IRA. i am a creature of habit and prefer to have one account but do you recommend i open my Roth with one of your favorites rather than sofi? Second question: when i fund my roth IRA with $7000, is that the money i am using to purchase my EFTs or is that an additional deposit to invest? TIA!
@AdelaidaGuarin
@AdelaidaGuarin 7 ай бұрын
Can i buy ETF for max of $200T at the start and 5T every month for the next 5 years and start withdrawing dividends from it. How much would that be? Thank you Steve. I am so proud of you. Your mom and I have the same age.
@rubengh777
@rubengh777 9 ай бұрын
I can do the buying myself, I supposed. Is it better to get an investment broker for advice and do the buying for me?
@guidenext2204
@guidenext2204 9 ай бұрын
Thank you for the great information sir.
@bluerich_1986
@bluerich_1986 9 ай бұрын
Wow I'm really glad people are tapping from this new AI algorithm investment.
@Kristina-u5g
@Kristina-u5g 9 ай бұрын
@guidenext2204 what are you investing in stocks,crypto or currencies??
@lovellaluab4934
@lovellaluab4934 5 ай бұрын
How about SPLG? Is it a good buy?
@atiffarooq373
@atiffarooq373 5 ай бұрын
Hi Steve, do you recommend buying SPY every month using Robinhood? Please advise
@andrewbrooks2001
@andrewbrooks2001 10 күн бұрын
I have chosen sector etfs and one S&P 500 etf. Then, I picked a handful of companies that are dividends aristocrats and kings.
@AngellaBell
@AngellaBell 9 ай бұрын
Hi, what about SPLG as the fund to purchase
@lovelleabernardo2386
@lovelleabernardo2386 9 ай бұрын
Could you please give an example for Canadians?
@fem.tompkins5732
@fem.tompkins5732 7 ай бұрын
Hi Steve, I contribute to a 403 B at my work. Will it be better to invest in an individual brokerage account since I don’t qualify to a Roth IRA? Thank you.
@WaynePyrzewski
@WaynePyrzewski 9 ай бұрын
Thoughts on SPUS ETF? (Shariah-compliant S&P 500). Thanks in advance.
@ashokjaswani3066
@ashokjaswani3066 4 ай бұрын
How can I get your book, or where can I buy one
@Blanca-r9d
@Blanca-r9d Ай бұрын
What’s the difference between QQQM and just QQQ.
@davidnobile2735
@davidnobile2735 9 ай бұрын
If I have access to contribute to an employer Roth 403b should I still open my own Roth IRA? Already contributing 20% to my employer sponsored 401k as well.
@392starsnstripes
@392starsnstripes 9 ай бұрын
Hi Steve great video for beginners, im ready to start but i have a question I have 150k in stocks in my old company i used to work for how do i move that over to a roth ira or should i leave it in because i get divideds from it every 3 months Thank you
@Neetu1100
@Neetu1100 9 ай бұрын
Can you make a video on different etf’s with different dividends? Also, can we sell covered calls on SPY?
@momapanda
@momapanda 8 ай бұрын
How do i sign up to open the account for my kids?
@CalltoLeap
@CalltoLeap 8 ай бұрын
You can look into them in different brokerages, like Fidelity and Schwab.
@jeremynguyen216
@jeremynguyen216 8 ай бұрын
Hi love your content. I have a question regarding ETF. Is it better to pick 1-2 ETF to invest? I currently have 4 and I feel like it will take a longer time to grow all 4.
@CalltoLeap
@CalltoLeap 8 ай бұрын
Hi Jeremy! You can keep it simple and start with 1-2 ETFs and slowly build your position from there. A lot of these ETFs have overlapping components (ex. MSFT, AAPL, AMZN, GOOGL) and you can see what companies or sectors you would like to have a larger allocation in based on your comfort level.
@chucalissa9231
@chucalissa9231 9 ай бұрын
Another Great lesson * from a former school 🏫🎒 teacher 🎉🎉🎉
@DusseDom
@DusseDom 4 ай бұрын
I have a VOO & VTI do i keep both?
@pnvsatya
@pnvsatya 8 ай бұрын
Great video… can you do a compare on SPY vs. SPLG
@CalltoLeap
@CalltoLeap 8 ай бұрын
Sure!
@floating1351
@floating1351 8 ай бұрын
Hi Steve, could there be an error in your ebook and money cheat sheet link"? The link isn't working for me. I have a question as well. I'm 47 and need to get started. I like the idea of a Roth but some years I make more than 161 and others less than 161. Therefore, could it make sense to have both an Individual and Roth for the years I make less than 161? Also, sort of curious how I should go about figuring when to purchase assets. Meaning, could purchasing 12 shares of SPY (for example) once a year after knowing my income for that year create less wealth or is okay to use the monthly auto invest in a Roth and somehow correct it after knowing what I made that year? Thanks in advance, very happy to have come across your teachings!
@CalltoLeap
@CalltoLeap 8 ай бұрын
I usually like to dollar cost average and buy a couple of shares at the beginning of each month.
@petermilwaukee8184
@petermilwaukee8184 8 ай бұрын
Explain to me please why you prefer spy over voo. They seem exactly the same except voo charges less so is better.
@CalltoLeap
@CalltoLeap 8 ай бұрын
Hi Peter! Both are great! SPY has higher liquidity/volume than VOO.
@magicprincesslive
@magicprincesslive 9 ай бұрын
Here to learn!
@CalltoLeap
@CalltoLeap 9 ай бұрын
Here to share! 🙂
@AngeloDJ
@AngeloDJ 8 ай бұрын
What if i started opening a brokerage account and I have only $50 in there initially and i set a recurring $50 every 2 weeks. Can I buy 1 share of SPY with that amount? I see that SPY is 505.3 per share. Can you guide me here please.
@jamesellis5301
@jamesellis5301 3 ай бұрын
This is a great video.
@CalltoLeap
@CalltoLeap 3 ай бұрын
Glad you think so!
@ivankamande6522
@ivankamande6522 8 ай бұрын
Wow. Thanks for sharing this great information with us
@CalltoLeap
@CalltoLeap 8 ай бұрын
You got it Ivan!
@Allthatwethink
@Allthatwethink 8 ай бұрын
Can we double this? So buy two assets a month and make the million in 15 years instead of 30? Or does it not work like that? Thank you.
@CalltoLeap
@CalltoLeap 8 ай бұрын
It doesn't work that way since this is based on an exponential function. However, you can invest in two assets a month and have double in 30 years. Does that make sense?
@nicolleesaysxo
@nicolleesaysxo 8 ай бұрын
How do you rec differentiating between different brokerage equivalents (ie. FXIAX as opposed to VOO/VTI)?
@CalltoLeap
@CalltoLeap 8 ай бұрын
A lot of these funds have overlapping components (ex. MSFT, AAPL, COST, AMZN, GOOGL). You just want to see how much of an emphasis you want within different companies or sectors in the market.
@Optimus-Prime-Rib
@Optimus-Prime-Rib 7 ай бұрын
If you use Fidelity go with FXAIX. Its expense ratio is crazy low. 0.01 i believe.
@tube2dend
@tube2dend 9 ай бұрын
Can I choose Webull as a brokerage? Thanks.
@Kristina-u5g
@Kristina-u5g 9 ай бұрын
Investing in AI trading has been a game-changer for me! I was skeptical at first, but once I saw the results, I was amazed. The AI algorithm has consistently outperformed my own trading decisions, and I've seen a significant increase in my profits. But it's not just about the money - it's about the freedom and peace of mind that comes with knowing my investments are being managed by a cutting-edge technology. I used to spend hours analyzing charts and news, trying to make sense of the markets. But now, I can focus on what matters most to me, while the AI takes care of my trading. I've gained more time, reduced my stress levels, and achieved financial stability. I'm so grateful for this technology, and I can't recommend it enough! If you're hesitant, I understand, but trust me, it's worth exploring. AI trading has truly changed my life, and I'm confident it can do the same for you!"
@kjb6749
@kjb6749 6 ай бұрын
I don't get it. If one pays the max per month for the IRA, why is it necessary to buy a share every month?
@lirnerpublishingnotes
@lirnerpublishingnotes 9 ай бұрын
Awesome value
@surinderratra7457
@surinderratra7457 9 ай бұрын
On the Roth IRA - is that ok for students that don't have an income but are receiving a stipend from a college savings account? Won't they have to pay taxes ok their contributions? (Even still with paying taxes, isn't it the best option?)
@maymurphy763
@maymurphy763 9 ай бұрын
What if I dont make much like 583, how much do I put in, I only have about 400 per paycheck every 2 weeks
@bluerich_1986
@bluerich_1986 9 ай бұрын
Have you tried using AI for your investment trust me is life changing experience
@ruthdove2071
@ruthdove2071 8 ай бұрын
If we buy 1 share of SPY per month using a brokerage account, how much capital gain tax do I have to pay if I withdraw the fund after 30 years? Is it wise for people who are over 50 to use this 1-1-1 method? Thank you.
@CalltoLeap
@CalltoLeap 8 ай бұрын
If you invest in a Roth IRA, it will be tax and penalty free at 59.5.
@jorgermaldonadobestard5195
@jorgermaldonadobestard5195 7 ай бұрын
Can you automate buying the ETF at the beginning of every month?
@CalltoLeap
@CalltoLeap 7 ай бұрын
For most brokerages, you can't do that. You can do this with some mutual funds, but they sometimes get a little pricey.
@Jawad.dbysndbbz
@Jawad.dbysndbbz 8 ай бұрын
What do you think of spus
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