You’ll read a lot in the personal finance community about the perfect ordering of how you should invest your money in investments. Such investing strategies typically goes like the following: If your employer has a 401(k), invest in that first. Next, put you money in either a Roth or Traditional IRA. Finally, open a regular… Continue reading Your First Investment Should Be Fun And Exciting!
Tag: Roth IRA
Roth IRA Discussion Overcoming Fears Part 1
Do you have a Roth IRA, yet? If not, today I’m going to try to convince you to both open up a Roth IRA and to start contributing to it! But before I start my discussion, do you meet the following basic requirements? Did you have earned income this year? If you are single was… Continue reading Roth IRA Discussion Overcoming Fears Part 1
Roth IRA Benefits for Kids
Because of the wonderful Roth IRA benefits for kids, once my kids start to earn some income (aka get a job), I’m going to have them open a Roth IRA. A small problem is that currently my kids are ages 7 and 11, so I many have to come up with a clever way for… Continue reading Roth IRA Benefits for Kids
Roth IRA Contributions versus Roth Investment Gains
Roth IRA Contributions versus Roth Investment Gains I have some friends at work that don’t understand what I believe are some very important aspects of a Roth IRA. Some I’m going to identify an overlooked aspect of Roth Ira because of the unusual word “Contributions”. Yes we all know the definition of the word contribution, but it’s still… Continue reading Roth IRA Contributions versus Roth Investment Gains