Investing in stocks may appear simple, but selecting the appropriate stock without a proven strategy can be tough. I've been trying to develop my $210,000 portfolio for a while, but the biggest hurdle is a lack of a clear entrance and exit strategy. Any feedback on this topic would be greatly welcomed.
Investing in multiple asset classes can mitigate risk more effectively than placing all of your capital in one. See a financial consultant if you don't comprehend finances well enough.
Several individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
NICOLE ANASTASIA PLUMLEE is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
You make an excellent case! . I’ll add 1 more point… Seeing my monthly dividend income grow is EXTREMELY motivating to continue investing . Buying growth makes sense intellectually, but during a bear market, watching my growth portfolio shrink…the motivation isn’t as high as it is for dividend investing. A lot of this is psychological!
It's crucial to have a well-thought-out strategy and not make impulsive moves based on short-term market fluctuations. Patience and a long-term perspective are key. You should consider a market expert to guide you.
If you lack market knowledge, your best bet is to seek advice or support from a consultant or investing coach. Contacting a consultant may sound simple, but it's how I've managed to stay afloat in the market and increase my portfolio to roughly 65% since January. It is, in my opinion, the best way to get started in the industry right now.
There are many financial coaches who excel in their profession, but for the time being, I employ Sonya Lee Mitchell because I adore her methods. You can make research and find out more
It just shows how sucky American education system really is. Teaching you complicated math but nothing on personal finance. Americans are in debts or bad with their finance because education failed them
You are amazing. I can finally found someone that actually explains how to invest in Vanguard. I have had the account for over a year and I never bought anything thinking it was already taking care. Thank you for going step by step for those that are new in this.
Like Warren Buffet said, dividends are only good if the business you’re investing into can’t make good use of that capital. So if you’re trying to invest into businesses with actual growth, looking at dividends is a waste of time. Why are you investing into a company if they’re returning capital to you because they think you can make better use if it than they can. It’s not much different from bond investing. The way I see it if you have a $1 million at some point, that’d be enough to create a portfolio that would pay you between 50k-70k in dividend income...
Nobody knows anything, you need to create your own process, manage risk and stick to the plan, through thick or thin while also continuously learning from mistakes and improving
@@user-3456rtu A lot of folks downplay the role of advisors 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 license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.
@@loud9090 The thing is that I really don't like making such recommendations. But there are many freelance wealth managers you could check out. I have been working with "NICOLE DESIREE SIMON" for about three years now, and she's made decent returns. If she meets your discretion, then you could go ahead.
Thank you thank you thank you for this! Every time I look for how to invest it’s just “invest with vanguard, fidelity, etc.” but I had yet to find a step by step guide like this until now. This is sooo helpful!
Thank you for putting together this walk through video. I have been trying to actually learn HOW to setup and get into index funds and this is the first video that I feel like I actually am not left with more questions than answers. Again, thank you and keep up the helpful work! I just subscribed!
I like how you added the expense ratio. I think it’s really important to try to keep the expense ratio below or on the dot of 0.03 if possible. Similar funds have an average ratio of around 0.82!!
I have been doing Decentralized finance for a long time and that has given me a life. I really wish I understood how Index Funds works so I could have another source of income but the videos I see online don't help a lot🤦♂🤦♂💔
Though it made me some money in the past I would say for one to make the most of it you have to be patient. There is not enough volatility to make money. That's literally the reason why I prefer Cryspto, you have a number of choices like trading, staking, arbitrage, and the rest.
DeFi is what got me my dream house, it's literally freedom and the fact so many people don't know about it is crazy. From lending, staking and providing liquidity. The benefit is just endless.
These things take time, my friend. You can't to get enough knowledge from watching videos only. And I'd advice you make research before you buy or get a professional
I love that I can hear about Jennine here. I don't do so much of index anymore since I met here... So far I have been able to make 150k from just providing liquidity. But there are still people who are making it big with index though.
So if I was going to simplify this entire process, I should open up a vanguard account. Choose ETF. Select the S&P 500 and contribute the max amount every year for the next 30 yrs and in theory, based on the usual returns, be sitting pretty when year 30 comes around?
Very informative! Follow up question: how does it look when you contribute a monthly portion of your paycheck into your Roth ira vs doing what you did in this video? Can we simply automate what you did with vanguard's s&p 500 with monthly paycheck contributions?
This is hands down the best financial video I have ever seen! You were so clear and knowledgeable about investing with Vanguard! Plus, you actually showed us how to invest! Amazing work! can you please talk about fee when investing with Vanguard?
Thank you! I'm a newb and still quite young and I work around a lot of people who are within 5 years of retirement. There's only such much they can tell me about how to invest when we're generations apart and how they did it 30+ years ago compared to now.
Another great Video!!! I would like to rollover over my retirement fund with vanguard. Would you suggest rolling over a 100k to one fund like VTSAX? Or should I structure it differently due to current market situations? Appreciate your suggestions!
Hi Charlie! I have a question. Let's say I have a Roth IRA account now but next year I will not qualify for Roth IRA. Should I open another vanguard account to buy regular IRA stocks? Or can I roll over to the new account?
Thank you! Should ALL of your Roth IRA vanguard investment be used to purchase investments (via ETF's etc?), or should you leave some of it alone and not invested?
Good day had a quick question what if you wanted to invest in vanguard but you are not an american citizen or resident. Is the investments the same or are there differences, and where to create the accounts if your are in fact a foreigner. Thanks
AI stocks are expected to lead the market in 2024. My top choice is NVIDIA, as they're in a strong position for sustained growth and play a key role in supporting other AI companies. A person I know saw returns of over 200% with NVIDIA. I'm also open to exploring the other recommendations you provided.
I agree. Even with great opportunities, we should proceed cautiously. Seeking market analysis or advice from certified market strategists is important.
Good explained video 👍 But I have a question...Once you add money to your account, where’s the option to buy “index funds”? i can only see three options: invest with Vanguard mutual funds; Trade ETF or stocks; Transfer money to/from your Vanguard settlement fund... Maybe are mutual funds and index funds the same thing?
Finally I answered myself: all index funds are mutual funds but not all mutual funds are index funds, so you’ll find vanguard index funds in the first option: “invest with vanguard mutual funds” :) Now I have another question... once you decide to invest in one of those, do you have to keep some cash on your account in case the fund goes down? Or is it enough to deposit the required 3000dlls amount and never have to worry about how’s the market going until I decide to withdraw 5 years later??
I don’t have an answer for you but I appreciate reading you questions. How are you making out? Has it been as simple as you hoped or does managing an account take a lot of hands-on time? Thank you for your time!
How much money should I invest in order to see reasonable results? I'm learning from zero about all of this stuff and I want to know exactly how much money I need.
Thank you for this video! If you're planning to invest for the long-term does it matter when you purchase the ETF, or is it ok to buy new shares every month, let's say I want to use a certain % of my income to do so. Or do I need to still watch the market and find the right time to buy the share?
You guys want to hear something goofy. The index fund holds Berkshire Hathway stock and Berkshire Hathaway holds the Vanguard SaP 500 index fund in its portfolio.
Hi guys! I am New in this investment world... i have a question. Can i invest in vanguard index found if i am not american and i do not live in us ? ( spain actually )
Hey I opened a Roth account but now there’s a hold on my account. Forgot my ass couple times but I checked then retyped it - I just don’t know what to do everytime i try it keeps saying there’s a hold - security has been disabled but I don’t know what to do
Hello! I have a question. I'm living and working in a foreign country. I am not sure how long I'll be here for. I assume I'd have to make an account based on where my money is coming from (in my case S.Korea) but what happens if I move to another country?
Does Vanguard have a feature where I can select a handful of ETFs and/or stocks and then autoinvest a certain percentage into all those ETFs? For an example, wanting to invest 25% into AAPL, 25% into VOO, 25% into TSLA, 25% into VYM all at one time and automatically each week?
Can you take your money out whenever or only when it reach how many years you put like If I put 40 years I can only take it out when that 40 year mark us up ?
might be a stupid question.. you mentioned to put money to a roth ira. but you gotta use the money in your roth ira to buy etf's? cant you just but etf's without the ira? sorry, noob here
Hi! While making my account there is a question about the settlement fund options: vanguard federal money market fund or vanguard cash deposit? I don’t know which one should I go to.
Sir, i already have a 401k where i work atm. I just want to invest in vtsax for a long term, which acc should i pick when opening an acc : retirement IRAS or GENERAl INVESTiNG .?
Great video Charlie! I been following you for a while now(before you blew up), you have inspired me to start my own RUclips channel and share my own journey. Keep you the great work, I hope we meet one day 😁
Video seems pretty helpful i just have couple questions cause im pretty dumb. 1. If i were to buy 5 shares would i have to keep buying shares every month or can i just hold on to those 5 shares for couple years? 2. How long do i have to wait to cash out those funds so it can be tax free?
In your Roth IRA account, each year you have contribution limit for upto $6000 or $7000 if age 50 or older. You could set up an automatic investment plan on your Roth IRA account and maximize your contribution, make lump sum contribution or a specific dollar amount per month, biweekly etc. When you put money in your Roth if the intention is to buy ETFs or stocks it would need to go to the settlement fund first, then only can it be used to purchase securities. Hope that makes sense
Thank you for another great content! I have a question I am in my mid 40s and just opened a new ROTH IRA. This is what I came up with: VTI 50% SCHD 15% (added for dividend purposes) VXUS 15% REITs 10% (custom portfolio with about 1o reits) BND 10% Please let me know what you think of this. Do I need SCHD/REITS? Allocation %? Thank you so much for all your videos!!!
Dude, thank you so much. I was on the fence as far as investing and you pushed me over. I don't know if you got paid, but you should have. Once again thank you.
I have $147.79 in my balance on Vanguard but when I click preview order it says trade cannot be completed because it will exceed my current available balance. What does that even mean? I assumed if I put just enough above the amount price that I am buying would be a safe bet so I would not have some kind of issue like not having enough for what I am buying since the price is always changing. Any advice is greatly appreciated.
Investing in stocks may appear simple, but selecting the appropriate stock without a proven strategy can be tough. I've been trying to develop my $210,000 portfolio for a while, but the biggest hurdle is a lack of a clear entrance and exit strategy. Any feedback on this topic would be greatly welcomed.
Investing in multiple asset classes can mitigate risk more effectively than placing all of your capital in one. See a financial consultant if you don't comprehend finances well enough.
Several individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
That makes perfect sense; you seem to have a better understanding of the market than we do. The coach is who?
NICOLE ANASTASIA PLUMLEE is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
I just Googled her name and her website came up right away. It looks interesting so far. I sent her an email and i hope she responds soon. Thanks
You make an excellent case! . I’ll add 1 more point… Seeing my monthly dividend income grow is EXTREMELY motivating to continue investing . Buying growth makes sense intellectually, but during a bear market, watching my growth portfolio shrink…the motivation isn’t as high as it is for dividend investing. A lot of this is psychological!
It's crucial to have a well-thought-out strategy and not make impulsive moves based on short-term market fluctuations. Patience and a long-term perspective are key. You should consider a market expert to guide you.
If you lack market knowledge, your best bet is to seek advice or support from a consultant or investing coach. Contacting a consultant may sound simple, but it's how I've managed to stay afloat in the market and increase my portfolio to roughly 65% since January. It is, in my opinion, the best way to get started in the industry right now.
hello , Where can I find this coach?
There are many financial coaches who excel in their profession, but for the time being, I employ Sonya Lee Mitchell because I adore her methods. You can make research and find out more
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
you're helping a lot of people who didn't grow up with access to financial literacy 😭 seriously, thank you so much
I just want to know best how people split their pay, how much of it goes into savings, spendings or investments.
@@waltermartinelli8384 isn’t investing and saving the same thing if you’re going for a long term goal
Exactly I appreciate it
It just shows how sucky American education system really is. Teaching you complicated math but nothing on personal finance. Americans are in debts or bad with their finance because education failed them
I like how you show and walk us through the process on the computer. It’s easier to understand this way. Thank you
There's alot of vids on here like this but this is the most helpful by far. Very detailed with advices thrown in
Props for actually showing ppl how to set up the accounts. Sometimes that's the part that ppl have a problem with.
You are amazing. I can finally found someone that actually explains how to invest in Vanguard. I have had the account for over a year and I never bought anything thinking it was already taking care. Thank you for going step by step for those that are new in this.
Like Warren Buffet said, dividends are only good if the business you’re investing into can’t make good use of that capital. So if you’re trying to invest into businesses with actual growth, looking at dividends is a waste of time. Why are you investing into a company if they’re returning capital to you because they think you can make better use if it than they can. It’s not much different from bond investing. The way I see it if you have a $1 million at some point, that’d be enough to create a portfolio that would pay you between 50k-70k in dividend income...
Nobody knows anything, you need to create your own process, manage risk and stick to the plan, through thick or thin while also continuously learning from mistakes and improving
@@user-3456rtu A lot of folks downplay the role of advisors 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 license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.
@@devereauxjnr How do I meet this Person?
@@loud9090 The thing is that I really don't like making such recommendations. But there are many freelance wealth managers you could check out. I have been working with "NICOLE DESIREE SIMON" for about three years now, and she's made decent returns. If she meets your discretion, then you could go ahead.
@@devereauxjnr Thank you for this amazing tip. I just looked the name up, wrote her and scheduled a call
Thank you thank you thank you for this! Every time I look for how to invest it’s just “invest with vanguard, fidelity, etc.” but I had yet to find a step by step guide like this until now. This is sooo helpful!
I'm hoping I can learn this stuff. I'm starting from zero so I know nothing about investing at all
thats the best way to learn. and we have all this knowledge at our fingertips now with the internet :)
same, just started learning a few months ago. gotta start early
Just wanted to check in. How's it going?
You and me both 😕
I’m also just learning how to invest and it’s really helpful watching RUclips videos$$$$$
Thank you for putting together this walk through video. I have been trying to actually learn HOW to setup and get into index funds and this is the first video that I feel like I actually am not left with more questions than answers. Again, thank you and keep up the helpful work! I just subscribed!
Hi, did you setup index fund aaa count ?
I just open a Roth IRA with Vanguard. I'm excited lol
Did you buy index funds, mutual funds, or etfs?
how is it going?
How’s it going bro?
Who's started investing this year? 💃
@Henry harry Reed how do I get started?
@Henry harry Reed Really? That's great. I'd check them out.
2021
@Henry harry Reed Did you just follow autocoiners steps from there videos on instagram to get started. I'm new to this
I like how you added the expense ratio. I think it’s really important to try to keep the expense ratio below or on the dot of 0.03 if possible. Similar funds have an average ratio of around 0.82!!
I’m so nervous about investing and this was SO helpful, thank you!
Have you invested yet? Please tell me how it’s going!
I have been doing Decentralized finance for a long time and that has given me a life. I really wish I understood how Index Funds works so I could have another source of income but the videos I see online don't help a lot🤦♂🤦♂💔
Though it made me some money in the past I would say for one to make the most of it you have to be patient. There is not enough volatility to make money. That's literally the reason why I prefer Cryspto, you have a number of choices like trading, staking, arbitrage, and the rest.
DeFi is what got me my dream house, it's literally freedom and the fact so many people don't know about it is crazy. From lending, staking and providing liquidity. The benefit is just endless.
These things take time, my friend. You can't to get enough knowledge from watching videos only. And I'd advice you make research before you buy or get a professional
I love that I can hear about Jennine here. I don't do so much of index anymore since I met here... So far I have been able to make 150k from just providing liquidity. But there are still people who are making it big with index though.
@M. Downing She will break things down for better... That's her Telegam-user below👇
So if I was going to simplify this entire process, I should open up a vanguard account. Choose ETF. Select the S&P 500 and contribute the max amount every year for the next 30 yrs and in theory, based on the usual returns, be sitting pretty when year 30 comes around?
Very informative! Follow up question: how does it look when you contribute a monthly portion of your paycheck into your Roth ira vs doing what you did in this video? Can we simply automate what you did with vanguard's s&p 500 with monthly paycheck contributions?
Love Index Funds, great stuff as usual Charlie
Short and straight to the point. Great for someone like me who has ADD.. thank you! 💕
Thank you so much for explaining this! This was so helpful, Vanguard should pay you to make tutorials!
Did you open anything up with Vanguard? :)
Charlie is this for US-people only?
This is hands down the best financial video I have ever seen! You were so clear and knowledgeable about investing with Vanguard! Plus, you actually showed us how to invest! Amazing work! can you please talk about fee when investing with Vanguard?
How do you know which stock/ETF to invest?
VTI is my fav! 280 shares!
Thank you! I'm a newb and still quite young and I work around a lot of people who are within 5 years of retirement. There's only such much they can tell me about how to invest when we're generations apart and how they did it 30+ years ago compared to now.
Is there a way to invest in vanguard index funds from India 🇮🇳?
Thank You for this video I just open my Vanguard account following your video I have to admit I know nothing about investing but I want to learn
Me too.
One of the best ways to invest! Thanks for putting this guide together!
This is the most educated tutorial I’ve ever seen thank you so much .
Thank you for going step by step. God bless you.
How much is the min to start investing? Thank you for the information
Another great Video!!! I would like to rollover over my retirement fund with vanguard. Would you suggest rolling over a 100k to one fund like VTSAX? Or should I structure it differently due to current market situations? Appreciate your suggestions!
Vanguard funds are one of the best ways to build long term wealth! Great video as always Charlie. 🙏
What is a good amount to start with?
@@thatstrengthcoachrichie6747 I’m starting with 500, I’d say that is a solid starting figure
@@jacobstaton99 Is 200 too little?
@@smurf1578 nothing is ever too little, better in a trust account than in your hands easily wasted
Hi Charlie! I have a question. Let's say I have a Roth IRA account now but next year I will not qualify for Roth IRA. Should I open another vanguard account to buy regular IRA stocks? Or can I roll over to the new account?
Why choosing Retirement investing instead of General investing. I'm mainly looking to buy into index funds like VTSAX
Thank you so much for breaking This down! Currently 24 but man I wished I would’ve known about this stuff at 18 but better late than never.
VTI for the win 🚀
is there a minimum age to open up an account?
Can you invest in Roth IRAs in the UK? Also how do they work?
Because I wanna start is it safe
I am very newb about investing. I have a question about taxes, how does that work when u are investing in places like that?
VOO is def my go-to S&P 500 index fund! Its dividends happen to be decent too! Been buying it through Robinhood though 😁
How much monthly fees?
How come you didn't buy through vanguard website?
Why would I? It's more convenient to have a lot of my stocks in the same places!
Watching his videos puts me in the best of moods!
Thank you! Should ALL of your Roth IRA vanguard investment be used to purchase investments (via ETF's etc?), or should you leave some of it alone and not invested?
is now a safe time to start investing in ETF's ? Thank you for the video!
How to account vanguard?
Please Link
Good day had a quick question what if you wanted to invest in vanguard but you are not an american citizen or resident. Is the investments the same or are there differences, and where to create the accounts if your are in fact a foreigner. Thanks
AI stocks are expected to lead the market in 2024. My top choice is NVIDIA, as they're in a strong position for sustained growth and play a key role in supporting other AI companies. A person I know saw returns of over 200% with NVIDIA. I'm also open to exploring the other recommendations you provided.
I agree. Even with great opportunities, we should proceed cautiously. Seeking market analysis or advice from certified market strategists is important.
thank you for the info!!!
I planned on opening a vanguard account & you just gave me a huge head start on what to put my money into!! thank you!!!!!
If I already have an account through my employer, do I need to make a new account?
Good explained video 👍 But I have a question...Once you add money to your account, where’s the option to buy “index funds”? i can only see three options: invest with Vanguard mutual funds; Trade ETF or stocks; Transfer money to/from your Vanguard settlement fund... Maybe are mutual funds and index funds the same thing?
Finally I answered myself: all index funds are mutual funds but not all mutual funds are index funds, so you’ll find vanguard index funds in the first option: “invest with vanguard mutual funds” :)
Now I have another question... once you decide to invest in one of those, do you have to keep some cash on your account in case the fund goes down? Or is it enough to deposit the required 3000dlls amount and never have to worry about how’s the market going until I decide to withdraw 5 years later??
I don’t have an answer for you but I appreciate reading you questions. How are you making out? Has it been as simple as you hoped or does managing an account take a lot of hands-on time? Thank you for your time!
How much money should I invest in order to see reasonable results? I'm learning from zero about all of this stuff and I want to know exactly how much money I need.
Is it also possible to open an account if you are in the Philippines?
Thanks Charlie, the screen record of you going through it is very helpful!
Thank you for this video! If you're planning to invest for the long-term does it matter when you purchase the ETF, or is it ok to buy new shares every month, let's say I want to use a certain % of my income to do so. Or do I need to still watch the market and find the right time to buy the share?
Why do you need employment details? Can you only invest with vanguard if you’re employed then?
You said once it's in the account it earns O$. What about the Roth IRA-isn't it earning money there? How much % does it earn in the Roth? TIA :)
With vanguard do you have to buy whole etfs or an you buy fractional etfs?
Love how you showed how to do everything! Thank you so much!
What if u are outside usa and not usa citizen--- how the tax system will work? -- also how to take back your money and how to sell ? And when
Thank you Charlie just subscribed enjoyed the video.
You guys want to hear something goofy. The index fund holds Berkshire Hathway stock and Berkshire Hathaway holds the Vanguard SaP 500 index fund in its portfolio.
Hi guys! I am New in this investment world... i have a question.
Can i invest in vanguard index found if i am not american and i do not live in us ? ( spain actually )
Vanguard site > Personal Investors > Non US Investors > Europe > Spain
Hey I opened a Roth account but now there’s a hold on my account. Forgot my ass couple times but I checked then retyped it - I just don’t know what to do everytime i try it keeps saying there’s a hold - security has been disabled but I don’t know what to do
Hello! I have a question. I'm living and working in a foreign country. I am not sure how long I'll be here for. I assume I'd have to make an account based on where my money is coming from (in my case S.Korea) but what happens if I move to another country?
What if I’m not from the US, Im European, Can I still invest in index funds through a vanguard account?
Does Vanguard have a feature where I can select a handful of ETFs and/or stocks and then autoinvest a certain percentage into all those ETFs? For an example, wanting to invest 25% into AAPL, 25% into VOO, 25% into TSLA, 25% into VYM all at one time and automatically each week?
Thank you so much! I also made the same mistake as you, and I’m so glad I was able to correct my mistake!
Can I open a Vanguard account and invest in S&P 500 from Australia???
I'm frm Sweden, can i still do this???
I bought VOO ETFs on robinhood, does it matter if they're not purchased under a roth IRA?
Extremely helpful, thank yooouuu!! Been dying to get into ETF's 🙏🏾🖤💰
Thx u charlie for ur explanation.
Can you take your money out whenever or only when it reach how many years you put like If I put 40 years I can only take it out when that 40 year mark us up ?
THANK YOU! No one talks about HOW to invest in index funds
might be a stupid question.. you mentioned to put money to a roth ira. but you gotta use the money in your roth ira to buy etf's? cant you just but etf's without the ira? sorry, noob here
Thank you for creating this video, very informative. You addressed every question I was having.
Hi! While making my account there is a question about the settlement fund options: vanguard federal money market fund or vanguard cash deposit? I don’t know which one should I go to.
Sir, i already have a 401k where i work atm. I just want to invest in vtsax for a long term, which acc should i pick when opening an acc : retirement IRAS or GENERAl INVESTiNG .?
Is this still applicable for anyone who is working outside US, but would like to invest in s&p500?
I really appreciate your feedback and thank you for making this video.
what if you want to withdraw before you're retire? you just pay taxes on the amount?
This honestly helped out so much
Super glad to hear that :)
Great video Charlie! I been following you for a while now(before you blew up), you have inspired me to start my own RUclips channel and share my own journey. Keep you the great work, I hope we meet one day 😁
Video seems pretty helpful i just have couple questions cause im pretty dumb.
1. If i were to buy 5 shares would i have to keep buying shares every month or can i just hold on to those 5 shares for couple years?
2. How long do i have to wait to cash out those funds so it can be tax free?
So are you transferring money into your settlement fund each month and THEN buying ETFs? Or do you only put money into the Roth when you buy stocks?
In your Roth IRA account, each year you have contribution limit for upto $6000 or $7000 if age 50 or older. You could set up an automatic investment plan on your Roth IRA account and maximize your contribution, make lump sum contribution or a specific dollar amount per month, biweekly etc. When you put money in your Roth if the intention is to buy ETFs or stocks it would need to go to the settlement fund first, then only can it be used to purchase securities.
Hope that makes sense
Could you compare the benefits of investing as an Individual (with Roth) VS a small business on the Vanguard platform? Or is roughty the same?
What should I put for contribution amount??
You referring to taxable brokerage account or an IRA?
Great info as always! I need this in my upcoming vids. 🙂
Thank you for another great content! I have a question I am in my mid 40s and just opened a new ROTH IRA. This is what I came up with:
VTI 50%
SCHD 15% (added for dividend purposes)
VXUS 15%
REITs 10% (custom portfolio with about 1o reits)
BND 10%
Please let me know what you think of this. Do I need SCHD/REITS? Allocation %? Thank you so much for all your videos!!!
I am confused about expense ratios. Do they take that money out of the dividends?
-I haven't finished the video yet so he might explain it later.
Hello this is really helpful! With the Roth IRA account can you pull out the money whenever you want?
Thx for the video! I was wondering how the expense ratio is charged? Does that go from ur bank account or the investment?
Thank you Charlie.
Is there a way to open a vanguard account outside the US?
Struggling to invest in Vanguard being not American. Seems impossible doing it without some middleman local bank
Dude, thank you so much. I was on the fence as far as investing and you pushed me over. I don't know if you got paid, but you should have. Once again thank you.
Investing has left me no choice but to keep investing cause it's makes so much profits for me
@@jackmugan5531 what do you define as profit? How much?
@@OffSonic47 I can show you some of the prove if you want
@@OffSonic47 Profit is calculated as total revenue less total expenses and I mostly make $10,000 on a weekly trade. I basically live off trading
I’m in Japan. Can I open a Vanguard account?
This was extremely helpful!
oh wow i just checked my vanguard account and all the money i thought I was investing was actually just sitting in the account
I have $147.79 in my balance on Vanguard but when I click preview order it says trade cannot be completed because it will exceed my current available balance. What does that even mean? I assumed if I put just enough above the amount price that I am buying would be a safe bet so I would not have some kind of issue like not having enough for what I am buying since the price is always changing. Any advice is greatly appreciated.