In this video, I go over Robinhood's new IRA's. They're offering a 1% match, which is unheard of!
They also have custom prebuilt portfolios, and in this video, I get into how important investing into an IRA can be, especially if you are young, and much more!
Subscribe for more personal finance content. Thank you for watching!
#money #investing #robinhood #financialfreedom #retirement @RobinhoodApp
Timeline:
0:00-Intro
0:40-Why IRA's?
1:00-Importance of IRA's
1:16-Compound Interest Scenario
1:48-IRA rules
2:14-1% Match
2:45-How will they fund matches?
3:07-Compound Interest Scenario
3:57-Match as Interest
4:13-Early withdrawal
4:41-Prebuilt Portfolios
5:30-My fund selection
6:00-Conclusion
Robinhood link:
https://join.robinhood.com/christh2105
-----------------------------------------------------------------------------------------
Check out my Instagram for more personal finance content: @chris.holloway_fi
----------------------------------------------------------
♪ Lakey Inspired - Warm Nights
----------------------------------------------------------
♪ Lakey Inspired - Chill Day
----------------------------------------------------------
DISCLAIMER: Christian Holloway, including but not limited to any guests appearing in his videos, are not financial/investment advisors, brokers, or dealers. They are solely sharing their personal experience and opinions; therefore, all strategies, tips, suggestions, and recommendations shared are solely for entertainment purposes. For investment advice please seek the counsel of a financial/investment advisor(s); and conduct your own due diligence.
Тэги:
##commonsenseinvesting ##easymoney ##financialeducation ##financialfreedom ##financialindependenceretireearly ##financialliteracy ##firemovement ##indexfundinvesting ##indexfunds ##investing101 ##investingforbeginners ##investingmadeeasy ##robinhood ##money ##moneytips