How a Self-Directed IRA Can Take Your Investments Beyond Stocks and Bonds

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  • Опубликовано: 24 дек 2024

Комментарии • 9

  • @kimtreasa
    @kimtreasa 10 месяцев назад +5

    As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. I do have a significant amount of capital that is required to start up but I have no idea what strategies and direction I need to approach to help me make decent returns

    • @keithfletcheer2156
      @keithfletcheer2156 10 месяцев назад

      that requires a fair amount of research and good market timing

    • @emmapriscilla6132
      @emmapriscilla6132 10 месяцев назад

      Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again.

    • @kimtreasa
      @kimtreasa 10 месяцев назад

      I really acknowledge your comment, i have been trading stocks for a while now but i have not been able to make much. how do you achieve this feat?

    • @emmapriscilla6132
      @emmapriscilla6132 10 месяцев назад

      Determine your risk tolerance first and foremost.
      Be aware that it costs money every time you buy and sell a stock. A lot of people think they can make a nice profit by buying a stock when it dips down a little and then dumping it when it recovers but they fail to factor in the considerable fees the brokers charge you to place your orders
      Also be aware that it's basically gambling, it shouldn't be done with money you're going to need in the future, consider whatever you invest already lost

    • @emmapriscilla6132
      @emmapriscilla6132 10 месяцев назад

      hername is Monica Lisa Payne, cant divulge much. Most likely, the internet should have her basic info, you can research if you like

  • @candacestevens4446
    @candacestevens4446 11 месяцев назад +1

    Our financial advisor won’t respond to our request for BTC etfs.. I think we need to move our retirement to someone else