#  @retireamillionaire Connor | Financial Freedom Connor | Financial Freedom posts on TikTok about money, if you, stocks, investment the most. They currently have [------] followers and [---] posts still getting attention that total [---] engagements in the last [--] hours. ### Engagements: [---] [#](/creator/tiktok::7114661496483218478/interactions)  - [--] Week [-----] +18% - [--] Month [------] +3.90% - [--] Months [------] +44% - [--] Year [------] +63% ### Mentions: [--] [#](/creator/tiktok::7114661496483218478/posts_active)  - [--] Week [--] no change - [--] Month [--] +5.30% - [--] Months [--] -20% - [--] Year [--] +117% ### Followers: [------] [#](/creator/tiktok::7114661496483218478/followers)  - [--] Week [------] -0.03% - [--] Month [------] -0.24% - [--] Months [------] -1.10% - [--] Year [------] -2.30% ### CreatorRank: [---------] [#](/creator/tiktok::7114661496483218478/influencer_rank)  ### Social Influence **Social category influence** [finance](/list/finance) [stocks](/list/stocks) [financial services](/list/financial-services) #1348 [technology brands](/list/technology-brands) [social networks](/list/social-networks) **Social topic influence** [money](/topic/money), [if you](/topic/if-you), [stocks](/topic/stocks), [investment](/topic/investment), [retirement](/topic/retirement), [stable](/topic/stable), [what is](/topic/what-is), [up to](/topic/up-to), [vanguard](/topic/vanguard) #271, [in a](/topic/in-a) **Top accounts mentioned or mentioned by** [@ashtynpowell](/creator/undefined) [@thislifeilead1996](/creator/undefined) [@sosaditslovelyx](/creator/undefined) [@noprobllama24](/creator/undefined) [@chunkychickennugget](/creator/undefined) [@mytiktokadrian](/creator/undefined) [@andrianawhite](/creator/undefined) [@sofybrim](/creator/undefined) [@lizholder81](/creator/undefined) [@tomche36](/creator/undefined) [@tiffvu](/creator/undefined) [@maguireemily](/creator/undefined) [@jack](/creator/undefined) [@nserra30](/creator/undefined) [@naraseeps](/creator/undefined) [@carisatiktokfinds](/creator/undefined) [@user4765381897585](/creator/undefined) [@ms220220](/creator/undefined) [@yazo](/creator/undefined) [@user1000241688](/creator/undefined) **Top assets mentioned** [Robinhood Markets, Inc. (HOOD)](/topic/$hood) [Charles Schwab Corporation (SCHW)](/topic/charles-schwab) [Costco Wholesale Corporation (COST)](/topic/costco) ### Top Social Posts Top posts by engagements in the last [--] hours "Replying to @lizholder81 What is a money market account and why do you need it #investing #passiveincome #financialfreedom #personaltrainer What is a Money Market account for It holds the money in your investing account until you invest it in stocks. You put the money there first and then buy stocks What is a Money Market account for It holds the money in your investing account until you invest it in stocks. You put the money there first and then buy stocks" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7138964529404349742) 2022-09-03T01:48Z 37.8K followers, [----] engagements "Replying to @tomche36 Top [--] Fidelity Index Funds #indexfunds #investing #passiveincome #financialfreedom Top [--] Fidelity Funds to Own (you can even set up automatic investments in these) 1) FXAIX (S&P 500) 2) FTIHX (International) 3) FRESX (Real Estate) Top [--] Fidelity Funds to Own (you can even set up automatic investments in these) 1) FXAIX (S&P 500) 2) FTIHX (International) 3) FRESX (Real Estate)" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7138522989070454059) 2022-09-01T21:15Z 37.8K followers, 32.4K engagements "Replying to @tiffvu the [--] stocks I would own if I used Charles Schwab Which stocks would I own if I used Charles Schwab Which stocks would I own if I used Charles Schwab" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7143237333981170990) 2022-09-14T14:09Z 37.8K followers, 43.5K engagements "The earlier you start the more money you will have And its tax free #investingforbeginners #whowantstobeamillionaire #investingforteens #imvestingformillenials #millionaire #invest #investingforkids #investingforwomen #investforthefuture #investforus #wealth #investforyourself #personalfinance #financeforyou #finances #financesforwomen #financestrategist #financialliteracy #millionaireseries #rothira #roth #millionairesteps #millionairemindset #millionairesoon #millionairewealth #becomeamillionaire [--] Steps to Retire with a Million Dollars (easily) [--]. Open a Roth IRA with either Fidelity or" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7124491941907107118) 2022-07-26T01:47Z 37.8K followers, 450.2K engagements "Both of these are ZERO fee index funds which give you high earning diverse exposure to the markets #investingforbeginners #whowantstobeamillionaire #investingforteens #imvestingformillenials #millionaire #invest #investingforkids #investingforwomen #investforthefuture #investforus #wealth #investforyourself #personalfinance #financeforyou #finances #financesforwomen #financestrategist #financialliteracy #millionaireseries #rothira #roth #millionairesteps #millionairemindset #millionairesoon #millionairewealth #becomeamillionaire [--] Index Funds you should own in your Fidelity Roth IRA: 1) FZROX" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7127316986211913006) 2022-08-02T16:30Z 37.8K followers, [----] engagements "Replying to @maguire.emily FBGRX fund review Is FBGRX in Fidelity a good fund Its the Blue Chip Growth Fund FXAIX holdings *the fees are also a lot higher (0.79% v 0.015%) and its more volatile Is FBGRX in Fidelity a good fund Its the Blue Chip Growth Fund FXAIX holdings *the fees are also a lot higher (0.79% v 0.015%) and its more volatile" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7142936652317609259) 2022-09-13T18:42Z 37.8K followers, [----] engagements "Replying to @Jack FSKAX is a great choice for an index fund FSKAX should be like your dog in your bed when you are trying to sleep it takes up all of your space Follow for more FSKAX should be like your dog in your bed when you are trying to sleep it takes up all of your space Follow for more" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7135264603474431278) 2022-08-24T02:30Z 37.8K followers, [---] engagements "Replying to @nserra30 My two favorite index funds on Fidelity #personalfinance #investing #financialfreedom #passiveincome My two favorite funds on Fidelity (and automatic investments) FXAIX - S&P [---] FTIHX - S&P [---] My two favorite funds on Fidelity (and automatic investments) FXAIX - S&P [---] FTIHX - S&P 500" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7142497180400618795) 2022-09-12T14:17Z 37.8K followers, 233.5K engagements "Replying to @naraseeps #greenscreen Step-by-step for how to buy a stock on the Vanguard app #investing *not a swipe youll just click the submit button again *not a swipe youll just click the submit button again" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7142524842665921835) 2022-09-12T16:04Z 37.8K followers, 80.2K engagements "Replying to @carisatiktokfinds Acorns Investing app review. Is Acorns a good brokerage #financialfreedom #passiveinvesting Is Acorns a good investing app (1 good thing and [--] bad things) Bad: Good: - Round up feature (automatic investing) - Really High Fees - Dont know what you are investing in *couple dollars in ETF fees in Vanguard or Fidelity Is Acorns a good investing app (1 good thing and [--] bad things) Bad: Good: - Round up feature (automatic investing) - Really High Fees - Dont know what you are investing in *couple dollars in ETF fees in Vanguard or Fidelity" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7147460685486853422) 2022-09-25T23:18Z 37.8K followers, 234.8K engagements "Replying to @thislifeilead1996 you only need a couple of index funds because they are already diverse. Here is what Id do Buy fewer index funds *not financial advice ** do whatever you want Buy fewer index funds *not financial advice ** do whatever you want" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7192396525199183150) 2023-01-25T01:32Z 37.8K followers, 24.6K engagements "Index Funds let you easily invest in the market ecen if you sont know anything about stocks #PersonalFinance #finance #fintok #stocks #stockmarket #stockinvesting #investing #indexfunds #retirement Index Funds Explained š§ (how to invest in the stock market š ) Follow Me š *more info in comments * more info in comments Index Funds Explained š§ (how to invest in the stock market š ) Follow Me š *more info in comments * more info in comments" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7121140354803420462) 2022-07-17T01:01Z 37.9K followers, [---] engagements "We had record high inflation last month which means the stuff you buy every month got more expensive.What is inflation / what is CPI- Inflation simply means that the things you buy are getting more expensive- CPI is the consumer price index which represents how much it costs to buy a basket of the most important good (things like food rent and clothes). When the CPI rises that means we have inflationWhat causes inflation- Inflation is caused by demand for goods being greater than supply or because the price of goods increases due to more expensive materials and/or labor. Demand can increase" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7125099970545356075) 2022-07-27T17:06Z 37.9K followers, [---] engagements "School really didnt teach us anything abiut investing. So I will try to do that (more info below)How a Roth IRA works:- You can put up to $6k per year into your Roth IRA- You must be working to invest your income into your Roth IRA- You can withdraw your contributions at any time- You must invest the money into the stock market (like index funds) after putting it in your Roth IRA- All the gains you make from the stock market in your Roth IRA are tax freeHow to setup a Roth IRA (open a Roth IRA):- Go to Vanguard or Fidelity and choose to create a Roth IRA account (its free)- Put in the basic" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7126014302271589678) 2022-07-30T04:14Z 37.9K followers, [----] engagements "Replying to @user4765381897585 VOO is one of the best index funds for your Roth IRA because of the low fees VOO is a great index fund because Follow for more :) VOO is a great index fund because Follow for more :)" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7135399188262849838) 2022-08-24T11:13Z 38K followers, 11.3K engagements "Replying to @ms220220 Roth IRA and 403b are both awesome options for retirement investing. If you get a match on your 403b definitely do that first and then invest into index funds in your Roth IRA for tax free gains You basically like them equally but you actually like the 403b (or 401k) a little more because of the match Follow for more You basically like them equally but you actually like the 403b (or 401k) a little more because of the match Follow for more" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7135418378310733099) 2022-08-24T12:27Z 38K followers, [----] engagements "Replying to @yazo #greenscreen How to buy your first index fund on Vanguard #financetips #rothira #howtoinvest No looking Follow for more :) Follow for more :) No looking Follow for more :) Follow for more :)" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7135995997515238699) 2022-08-26T01:49Z 37.8K followers, 61.8K engagements "Replying to @user1000241688 Index Fund explained #indexfund #financialfreedom Imagine there was a way for you to buy [---] stocks at one time with just the click of a button. Thats basically an index fund. You can buy just one stock (like VOO) and it is like buying all of the stocks in that index (like the S&P 500). Buying VOO is like buying all of the stocks in the S&P [---] Follow to learn more :) Imagine there was a way for you to buy [---] stocks at one time with just the click of a button. Thats basically an index fund. You can buy just one stock (like VOO) and it is like buying all of the" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7137839800412949803) 2022-08-31T01:03Z 38K followers, [----] engagements "Replying to @Marissa The best stock trading platforms if you want to start investing in stocks #financialfreedom #passiveincome If you want to start investing and buying index funds to hold for the long term these are the best platforms: Vanguard Fidelity Schwab If you want to become an active trader that trades lots of stocks these are the best platforms: ThinkOrSwim Robinhood Webull Interactive Brokers If you want to start investing and buying index funds to hold for the long term these are the best platforms: Vanguard Fidelity Schwab If you want to become an active trader that trades lots" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7137981746477288750) 2022-08-31T10:14Z 38K followers, [----] engagements "Replying to @casper2338 If I could only buy [--] stock this is what it would be and why #investing #financialfreedom #personalfinance #passiveincome If I could only buy [--] single stock what would I buy VOO you get a piece of the [---] biggest companies in the US If I could only buy [--] single stock what would I buy VOO you get a piece of the [---] biggest companies in the US" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7138554628324592939) 2022-09-01T23:17Z 37.9K followers, 34.1K engagements "How to make money in the easiest way possible Just start investing in index funds through your Roth IRA #rothira #financialfreedom #passiveincome #personalfinance How to make $1000000 in the laziest way possible (and tax free) 1) Open a Roth IRA with Vanguard or Fidelity 2) Every time you get a paycheck buy $250 of VOO (an index fund) 3) Just wait. Compounding will get you over a million dollars (if you dont have an extra $500/month to invest thats totally fine Take care of your priorities first and if you have any little bit left over start investing it) How to make $1000000 in the laziest" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7138594356419710251) 2022-09-02T01:52Z 37.9K followers, 325.2K engagements "Replying to @psylenton3 The entire stock market is down 18% so you are doing alright Just stay the course #financialfreedom #recession #passiveincome #investing When you realize that the entire stock market is down 18% this year so most everyone is negative. But in the long-term the market always recovers and its actually a great time to keep buying more when the market is down (its super important to not get scared and start selling. Remember we are in it for the long-run) When you realize that the entire stock market is down 18% this year so most everyone is negative. But in the long-term" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7138965960505052462) 2022-09-03T01:54Z 37.9K followers, 28.8K engagements "Replying to @swaydiggity My top [--] investments in my Roth IRA #rothira #investing My top [--] investments 2) VXUS (15%) 3) VNQ (optional - 10% or less) 1) VTI / VOO (most money) My top [--] investments 2) VXUS (15%) 3) VNQ (optional - 10% or less) 1) VTI / VOO (most money)" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7142528473339366699) 2022-09-12T16:18Z 37.9K followers, 74.5K engagements "Replying to @cheepcheepmeep #greenscreen How much money I made when I was [--] #firstjob #personalfinance #financialfreedom Me at [--] *chocolate factory incoming What was your first job Me at [--] *chocolate factory incoming What was your first job" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7143593391933230379) 2022-09-15T13:11Z 37.9K followers, [----] engagements "Make sure you are taking advantage of all of the free money your company offers. Company benefits like 401k ESPP Profit Sharing HSA and tuition reimbursement are all free money #companybenefits #personalfinance #financialfreedom #passiveincome (make sure you are taking advantage of these if your company offers them Its free money) If you work at a job that offers all of these they are top tier 1) 401k match 2) ESPP or Profit Sharing 3) HSA (through their health insurance benefit) 4) Tuition Reimbursement (make sure you are taking advantage of these if your company offers them Its free money)" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7144369862964481326) 2022-09-17T15:24Z 37.9K followers, [----] engagements "Heres how long it will take to have one million dollars if you save $100 per month Heres how long it would take to become a millionaire by saving $100 per month. The S&P [---] historically has about a 10% yearly return. So with a 10% return it would take [--] years to have $1000000 (and you would only have invested $56500). $100 / month = $1200 / year = $56.5k after 47yrs = $1M with 10% returns Heres how long it would take to become a millionaire by saving $100 per month. The S&P [---] historically has about a 10% yearly return. So with a 10% return it would take [--] years to have $1000000 (and you" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7169025662668377386) 2022-11-23T02:01Z 38K followers, [----] engagements "Replying to @hadoopmr 401k caps explained. The $20500 cap for you as an employee is your total cap 401k caps explained: - $20500 is your full cap (pre-tax and post-tax) as an employee ($27k if youre [--] and over) - This cap is for ALL your 401ks combined if you have more than one - The cap for your employers contributions is $40500 - The total cap is either $61000 (or $67500 if you are [--] and over) or 100% of your salary if its less than that cap 401k caps explained: - $20500 is your full cap (pre-tax and post-tax) as an employee ($27k if youre [--] and over) - This cap is for ALL your 401ks" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7171273744894184747) 2022-11-29T03:24Z 38K followers, [----] engagements "Replying to @amberaustin711 VTI v VOO. Should you own both VTI actually owns all the stocks that VOO owns plus about [----] more. Since they are market cap weighted they will also have fairly similar returns. So you dont need both Should you buy both VTI and VOO VTI is a Total Market Index Fund (they own a small piece of basically all the stocks) and VOO is an S&P [---] Index Fund (they own a small piece of all stocks on the S&P 500). VTI actually owns all of the stocks that VOO owns plus about [----] more. Since they are market cap weighted they will actually have pretty similar returns. So just" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7172767592078232878) 2022-12-03T04:01Z 38K followers, [----] engagements "Replying to @kaymfo High Yield Savings Account explanation A high yield savings account is simply a savings account (like the one you have at your bank) but it pays a higher interest rate. They currently pay 3% (compared to like 0.3% for normal checking accounts). The only catch is that you can normally only take money out of that account a handful of times a month. So it needs to be money you wont need regularly (like for paying bills) A high yield savings account is simply a savings account (like the one you have at your bank) but it pays a higher interest rate. They currently pay 3%" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7175531827996790059) 2022-12-10T14:48Z 38K followers, [----] engagements "How Venture Capital works This is how venture capital works: One year ago you had an idea for Twitter but for stocks where you can see what other stocks people are trading. Its been a year and you are growing fast and need money to hire more engineers. So you go pitch your startup to Venture Capitalists which are a group of investors that that raised money from rich people and organizations (like colleges) and they invest that money into startups. They love your idea and will give you $1M for 10% of your company. [--] years later you sell your company for $100M and you get $90M and the Venture" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7176261238769437998) 2022-12-12T13:58Z 37.9K followers, [---] engagements "Replying to @melanne0605 The best cash back credit cards with no fees Credit cards are super specific to your spending habits but you typically want to pair cards that gets you the most cash back for categories you spend a lot on with a general 2% cash back card. Some great options are the Citi Custom Cash Card (groceries) Amazon Prime Rewards Visa (Amazon purchases - if you have Prime) Costco Anywhere Visa (restaurants and gas - if you have Costco membership) and any of the free 2% cash back cards for all general purchases (Citi Double Cash WF Active Cash etc) The best cash back credit cards" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7177842717555248427) 2022-12-16T20:15Z 38.7K followers, [----] engagements "How a professional financial advisor invests their money How a professional financial advisor (*not me) invests their own money: 1) Max out Simple IRA match through work (100% invested in VOO) 2) Max out the wifes 401k match through her work (100% in FXAIX) 3) Max out Roth IRA for him and his wife (100% in VOO) 4) Max out HSA (invest all but the $1000 minimum in VFIAX) 5) Replenish High Yield Savings account or invest in VOO in a taxable account How a professional financial advisor (*not me) invests their own money: 1) Max out Simple IRA match through work (100% invested in VOO) 2) Max out" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7179318319110065454) 2022-12-20T19:41Z 37.9K followers, 45.5K engagements "Replying to @rileyjaensch FXAIX or FSKAX Most recommend FSKAX but both are great FSKAX is typically more recommended than FXAIX just because you get a little more diversication since its a total market fund verses just S&P [---] but either is great You also dont need to add any diversity if you own either one they are plenty diverse. (you can obviously add another fund if you want but you dont need to) FSKAX is typically more recommended than FXAIX just because you get a little more diversication since its a total market fund verses just S&P [---] but either is great You also dont need to add any" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7183398497880902958) 2022-12-31T19:35Z 37.9K followers, [----] engagements "Replying to @omnibar Real estate is a separate discussion and the 401k does have the downside of your money locked up but I still think its better than a brokerage account 401Ks are absolutely not a scam and definitely better than a normal brokerage account. The employer match is free money and you dont pay capital gains. You do have to pay income tax when you retire but many people have lower income taxes in retirement. *real estate investing is a totally separate discussion unrelated to stocks/retirement funds 401Ks are absolutely not a scam and definitely better than a normal brokerage" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7187154875845823787) 2023-01-10T22:31Z 37.9K followers, [----] engagements "Replying to @kylorensparkly ETFs v Mutual Funds. Which is better and why Vanguard ETF (like VOO) v the equivalent Mutual Fund (like VFIAX). Generally speaking ETFs are better than Mutual Funds. They are more convenient (trade like a stock easily transferred between brokerages etc) typically have lower expenses (not always) dont have minimums and are often a little better for taxes (though not much nowadays). However if you can afford the Vanguard mutual fund the benefit is that you can set up automatic investments Vanguard ETF (like VOO) v the equivalent Mutual Fund (like VFIAX). Generally" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7190832251892927787) 2023-01-20T20:21Z 37.9K followers, [----] engagements "Replying to @sosaditslovelyx you can buy any funds you want but its probably easiest to just stick with Fidelity funds because they have a lot of great funds If you use Fidelity you can buy pretty much any fund you want (it doesnt have to be Fidelity). However Fidelity has enough really good funds (and even some zero fee funds) that you probably wont need to buy any non-Fidelity funds If you use Fidelity you can buy pretty much any fund you want (it doesnt have to be Fidelity). However Fidelity has enough really good funds (and even some zero fee funds) that you probably wont need to buy any" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7191909849360485678) 2023-01-23T18:03Z 38K followers, 10.2K engagements "Replying to @smdumf_ A high yield savings account is just a normal savings account but better A High Yield Savings account is just a normal savings account that pays a way higher interest rate than the one you currently have with your bank does. They can do this because they often are online only so they dont have to pay for physical bank branches and whatnot. The best HYSA are Ally SoFi Citi Marcus Amex and Discover (I personally like Ally) A High Yield Savings account is just a normal savings account that pays a way higher interest rate than the one you currently have with your bank does." [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7193010525876276526) 2023-01-26T17:14Z 38.1K followers, 19.3K engagements "Why tax returns are not a good thing #taxtips #taxreturn Tax tip: getting a tax-return is typically not a flex. It means you paid too much money to the government and they are now just giving you your money back. You literally gave the government an interest-free loan with money you couldve invested or spent on things you need. Its often worth trying to adjust your tax withholdings to get as close to a $0 refund as possible Tax tip: getting a tax-return is typically not a flex. It means you paid too much money to the government and they are now just giving you your money back. You literally" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7193445867142024491) 2023-01-27T21:24Z 38.4K followers, 922.3K engagements "Just changing the rules on us now. below)What is a Recession- Typically defined by two periods of negative GDP growth- It means the US economy is shrinking which is generally bad for citizens because more of us lose our jobs and see our income decrease. This leads to a spiral where we have less money to spend at businesses so businesses have to shut down or cut costs by firing employees but now people dont have jobs so they have even less to spend and it spirals negatively out of control. #recession When GDP growth is negative for [--] quarters in a row but the White House randomly decides that" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7125515044049194283) 2022-07-28T19:57Z 37.8K followers, [----] engagements "What is an index fund An index fund lets you own a small piece of all the companies in a certain index #whatisanindexfund #indexfund #howindexfundworks #investing #stocks Follow What is an index fund An index fund lets you own a piece of ALL of the companies in an index VOO is an S&P [---] index fund. Buying [--] share of VOO gets you a small piece of all [---] companies in the S&P [---] Follow What is an index fund An index fund lets you own a piece of ALL of the companies in an index VOO is an S&P [---] index fund. Buying [--] share of VOO gets you a small piece of all [---] companies in the S&P 500" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7135962957732891950) 2022-08-25T23:40Z 37.8K followers, [---] engagements "Replying to @Josh Index fund [---] Index Fund [---] Index Fund 101" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7137428619231694126) 2022-08-29T22:28Z 37.8K followers, 11.3K engagements "Replying to @user5764062575083 Most financial advisors just put your money into index funds anyway Do you need a financial advisor Well it depends Do you need a financial advisor Well it depends" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7137431615428513066) 2022-08-29T22:39Z 37.8K followers, [----] engagements "Replying to @honestjohn3 When inflation is high you definitely dont want to be holding cash. Since the market is bad I Bonds or at least a High Yield Savings account are better bets #inflation #investing #ibonds #financialfreedom #passiveincome With the stock market down 20% it may seem like just having cash in your bank account is the best move but it is still losing 8.5% of value due to inflation right now. Putting that money in I Bonds would get you 9.62% interest right now (for the next [--] months) or putting in a high yield savings would at least get you 2%+ With the stock market down 20%" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7140784042152250670) 2022-09-07T23:29Z 37.8K followers, 20K engagements "Replying to @stephsklanks In theory I think robo-advisors could be cool but in practice Im not typically a big fan and think you would be better off investing yourself into an index fund like VTI. But if you really like the ease of using it thats totally fine. Are robo-advisors worth it Are robo-advisors worth it" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7142884195520597290) 2022-09-13T15:18Z 37.8K followers, [----] engagements "Long term capital gains tax rate is 0% if you are married and jointly make under $83350 Did you know that if you are married and you make under $83350 then your long term capital gains tax rate is 0% So if you invested in stocks more than a year ago you can sell them and not pay a single penny* in taxes on the profits *as long as the profits still keep your total income under $83350 Did you know that if you are married and you make under $83350 then your long term capital gains tax rate is 0% So if you invested in stocks more than a year ago you can sell them and not pay a single penny* in" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7178953953374227755) 2022-12-19T20:08Z 37.8K followers, 25.3K engagements "Do you agree that this is the best way to invest your Roth IRA (more info below)How a Roth IRA works:- You can put up to $6k per year into your Roth IRA- You must be working to invest your income into your Roth IRA- You can withdraw your contributions at any time- You must invest the money into the stock market (like index funds) after putting it in your Roth IRA- All the gains you make from the stock market in your Roth IRA are tax freeHow to setup a Roth IRA (open a Roth IRA):- Go to Vanguard or Fidelity and choose to create a Roth IRA account (its free)- Put in the basic info (will only" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7125611352923819310) 2022-07-29T02:11Z 38.9K followers, 46.3K engagements "A new job (full-time) comes with all kinds of fun investmemts you can take advantage of to make more money. (more info below)How a Roth IRA works:- You can put up to $6k per year into your Roth IRA- You must be working to invest your income into your Roth IRA- You can withdraw your contributions at any time- You must invest the money into the stock market (like index funds) after putting it in your Roth IRA- All the gains you make from the stock market in your Roth IRA are tax freeHow to setup a Roth IRA (open a Roth IRA):- Go to Vanguard or Fidelity and choose to create a Roth IRA account" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7127413950303636782) 2022-08-02T22:46Z 38.9K followers, [----] engagements "Replying to @Michael Tortorella Yep Fidelity Vanguard and Schwab are the best brokerages to open a roth ira #rothira #PersonalFinance They are the [--] musketeers of brokerages Vanguard Schwab Fidelity They are the [--] musketeers of brokerages Vanguard Schwab Fidelity" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7135548775350717739) 2022-08-24T20:53Z 38.4K followers, 27K engagements "The skills/habits you developed translate perfectly to investing to build long term wealth. The best option is to start investing into index funds in your Roth IRA #ira #studentdebt #studentloans #rothira #investing Follow me to retire a millionaire :) Shoutout to the college grads that diligently worked and paid off their student debts while everyone else is getting theirs paid by the government. You clearly have the diligence and money management skills required to build wealth because all you need to do is start investing your money monthly instead of paying down loans Follow me to retire" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7135603466411461934) 2022-08-25T00:25Z 38.1K followers, [----] engagements "Replying to @pj151592 $40k is way above the poverty line and youd have other income/investments The average 60yr old has $170k saved for retirement. $1M is way ahead of the game The average 60yr old has $170k saved for retirement. $1M is way ahead of the game" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7137273052621983019) 2022-08-29T12:24Z 38.9K followers, [----] engagements "Replying to @L This is an awesome amount. Probably not quite enough to retire at [--] (unless you wanted to live Uber cheap) If this is true If this is true" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7137297063301172526) 2022-08-29T13:57Z 38.1K followers, 13.7K engagements "Replying to @:) How to start investing if you are a teacher Are you a teacher that wants to start investing 1) Get the match from your 403b plan 2) Start investing into index funds inside your Roth IRA Are you a teacher that wants to start investing 1) Get the match from your 403b plan 2) Start investing into index funds inside your Roth IRA" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7137426585531010346) 2022-08-29T22:20Z 38.7K followers, [----] engagements "Replying to @dyl_pick1 The differences between a Roth IRA and a 401k Everything you need to know about a Roth IRA and 401k #rothira #401k #personalfinance #financialfreedom" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7137757524027116843) 2022-08-30T19:44Z 38.6K followers, 102.8K engagements "Replying to @justsuzq My stock market investing returns in my Roth IRA with this allocation What are my Roth IRA returns VOO - 80% VXUS - 10% VNQ - 10% (this is a little lower than what it would be if I only bought VOO but this makes me a little more diversified and may perform better in the future. I also have other stock accounts where I invest in individual stocks) 11.7% (per year) What are my Roth IRA returns VOO - 80% VXUS - 10% VNQ - 10% (this is a little lower than what it would be if I only bought VOO but this makes me a little more diversified and may perform better in the future. I" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7138399054374964526) 2022-09-01T13:14Z 38.9K followers, [----] engagements "Replying to @artvandelay321 #greenscreen Negative. You can buy VTI on any brokerage #financialfreedom #passiveincome" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7138423543892708654) 2022-09-01T14:49Z 38.2K followers, [----] engagements "Replying to @liveitup831_ How to invest money for a grandchild (529 plan or UTMA account) #personalfinance #financialfreedom #passiveincome If you want to invest some money for your grandchildren that they can have when they become an adult you have a few options. 1) A [---] college savings plan (the money must be used for education). Many states will also give you a tax benefit if you do this 2) UTMA account (invest that money in VOO). This is basically an investment account that will transfer to the grandchild when they are old enough If you want to invest some money for your grandchildren" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7138746942540057899) 2022-09-02T11:44Z 38.9K followers, [----] engagements "Replying to @rvm3400 here are some of my favorite places to buy index funds #indexfunds #investingforbeginners #financialfreedom #passiveincome #personalfinance You can buy index funds at basically any brokerage. My favorite index fund is VOO (S&P [---] index fund) and some of my favorite brokerages are Fidelity Vanguard and Robinhood (they dont have Roth IRAs though) (but you can use whichever brokerage you want) You can buy index funds at basically any brokerage. My favorite index fund is VOO (S&P [---] index fund) and some of my favorite brokerages are Fidelity Vanguard and Robinhood (they" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7139260668796079406) 2022-09-03T20:57Z 38.7K followers, [----] engagements "Replying to @tiffanylynneh [--] is still super young and definitely not too late to start investing #investing #financialfreedom #passiveincome #personalfinance When you realize that [--] years old is still super young and definitely not too late to start investing Assuming you arent planning on retiring soon (like the next ten years) and dont have any unusual financial situations I would just invest in index funds like VOO and then start looking for a financial advisor over the next few years that can help you get ready for retirement (historically the stock market has done very well on any 20" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7140406962835033390) 2022-09-06T23:05Z 38.9K followers, [----] engagements "Replying to @khadejia19 What you should invest in #financialfreedom #investingforbeginners #PersonalFinance #passiveincome When you realize that you can invest in the [---] biggest stocks in the US at one time by just buying an S&P [---] index fund and this way you dont have to try to pick stocks. My favorite is VOO (you dont even have to invest in anything else if you dont want) When you realize that you can invest in the [---] biggest stocks in the US at one time by just buying an S&P [---] index fund and this way you dont have to try to pick stocks. My favorite is VOO (you dont even have to invest" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7140582398001040686) 2022-09-07T10:26Z 38.5K followers, [----] engagements "Replying to @avuong31 Great choice You can even set up automatic investments into it #personalfinance #financialfreedom #passiveincome When you realize you can buy over [----] US stocks at one time so you can have a diverse portfolio without doing any work. By buying the VTSAX from Vanguard it automatically invests your money in over [----] US stocks but you only have to buy VTSAX. And since its a mutual fund you can set it up to automatically buy a little bit more for you every month - great choice (it does have a $3000 minimum since its a mutual fund. If you dont have $3000 you can always buy" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7140671758398590254) 2022-09-07T16:13Z 38.7K followers, [----] engagements "Replying to @tyler.rieland I am pretty indifferent between VOO and VTI. Either is great VOO v VTI - S&P [---] Index Fund - Get a piece of the [---] largest US stocks - Been around [--] years - 13.04% annual returns over the last decade - 0.03% expense ratio - Total Market Index Fund - Get a piece of every company in the US - Been around [--] years - 12.71% returns over the last decade - 0.03% expense ratio VTI VOO VOO has performed a tiny bit better but either one is perfectly fine and they have very similar performances VOO v VTI - S&P [---] Index Fund - Get a piece of the [---] largest US stocks - Been" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7141136633377606955) 2022-09-08T22:17Z 38.6K followers, [----] engagements "Replying to @thislifeilead1996 Where is the best place to buy index funds The [--] best brokerages to buy index funds #financialfreedom #indexfunds #investing #passiveincome Where can you buy index funds like VOO Vanguards index fund ETFs like VOO can be bought on any investing platform. Some of the most popular are 1) Fidelity 2) Vanguard 3) Robinhood Robinhood doesnt have a Roth IRA account but if you are just buying it in a normal investing account its really easy to use Where can you buy index funds like VOO Vanguards index fund ETFs like VOO can be bought on any investing platform. Some of" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7141148423243353390) 2022-09-08T23:03Z 38.3K followers, [----] engagements "HSA accounts are one of the best investing accounts (especially for women) because you get a ton of tax advantages and can spend the money on stuff you are already buying regularly #hsa #personalfinance #financialfreedom #passiveincome If you are a woman you can buy all the things you already spend money on (feminine products birth control certain lotions medication pregnancy tests etc) using tax-free money You just need an HSA which you can get through your health insurance (if you qualify) and start investing that money and getting triple tax advantages (no taxes on contributions investment" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7141468528711912747) 2022-09-09T19:45Z 38.7K followers, 201.2K engagements "Replying to @anywhichbutlose There are a whole lot of things you can buy with money from your HSA #hsa Common items you can buy with an HSA Other things you can buy: first aid stuff bandages athletic wrap sunscreen certain lotions Common items you can buy with an HSA Other things you can buy: first aid stuff bandages athletic wrap sunscreen certain lotions" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7142968639212293418) 2022-09-13T20:46Z 38.6K followers, [----] engagements "Replying to @theloniusbunk The base case for the US economy is that it will continue to grow as it did in the past and we should invest using that base case. There is a chance it may not but that is much less probable #investing #economy The incorrect base case for the US economy Make sure to follow :) drop a follow :) The incorrect base case for the US economy Make sure to follow :) drop a follow :)" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7143245283013561643) 2022-09-14T14:40Z 38.3K followers, [----] engagements "Replying to @emilyblackstone17 Here is what Id do with money in my savings and investing account #financialfreedom #passiveincome #investing What I would do if I had $10k in my investing account and $9k in savings 1) $9k in savings - high yield savings account for an emergency fund 2) $10k in Fidelity - dollar cost average into $FXAIX (make sure you are willing to hold the stock in Fidelity for a long time) What I would do if I had $10k in my investing account and $9k in savings 1) $9k in savings - high yield savings account for an emergency fund 2) $10k in Fidelity - dollar cost average into" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7143303523915025710) 2022-09-14T18:26Z 38.9K followers, 26.6K engagements "Replying to @friv1021 Safe harbor in the 401k means you get that match immediately with no vesting. [--] year vest is the max they can do. Example in the video #401k #safeharbor Example 6% match with 4% safe harbor and 6yr vest for the last 2% - If you put 6% of your paycheck into 401k your employer will immediately match 4% - The last 2% will vest over [--] years. They will take away up to 2% of their match if you leave before [--] years Safe Harbor - no vesting. You get it immediately [--] year vest is the max the company is allowed to do (its normal) Example 6% match with 4% safe harbor and 6yr vest" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7143672323332246827) 2022-09-15T18:17Z 38.6K followers, [----] engagements "Investing terms in plain English Learn some of the most common investing terms and what they mean #investing #retireamillionaire #PersonalFinance" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7143990354302209326) 2022-09-16T14:51Z 38.4K followers, 37.7K engagements "Dont worry about the stock price of a company. The share price is not how valuable a company is and most platforms let you buy fractional shares now. #investingforbeginners Stock Price v Market Cap (value of the company) Stock Price v Market Cap (value of the company)" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7144173618874862894) 2022-09-17T02:42Z 38.8K followers, [----] engagements "Replying to @snypretz3 The best mutual funds / ETFs / index funds to buy on fidelity If you use Fidelity for investing and want to buy some good index funds then here are there best ones: FSKAX (total market) FXAIX (S&P 500) FTIHX (international). You dont need both FXAIX and FSKAX because they own a lot of the same stocks so just pick one and make that your main holding (I like FSKAX). Then you can put like 15% of your money in FTIHX If you use Fidelity for investing and want to buy some good index funds then here are there best ones: FSKAX (total market) FXAIX (S&P 500) FTIHX" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7145538643686444334) 2022-09-20T18:59Z 38.9K followers, 11.9K engagements "Replying to @starah2345 The best index funds for every brokerage (Vanguard Fidelity Schwab)" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7146747312466021678) 2022-09-24T01:09Z 38.9K followers, 113.7K engagements "Replying to @bw_davis Is VTSAX or VTI better If you can afford the $3000 minimum then VTSAX is probably better because you dont need to buy an entire share (you could just buy $5 at a time after you have put in the minimum). If you cant afford that then VTI is great until you can Is VTSAX (a total market mutual fund) better than VTI (a total market ETF). These are both Vanguard total market funds but there is [--] advantage and [--] disadvantage to VTSAX. The advantage is that mutual funds dont require you to buy a whole share (you could just buy $5 worth if you wanted) whereas VTI requires you to" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7148524001655115051) 2022-09-28T20:04Z 38.9K followers, [----] engagements "Replying to @lazyadulting The differences between VOO and FXAIX. The main difference is that FXAIX is a mutual fund whereas VOO is an ETF. Mutual Funds are typically worse for taxes but allow you make automatic investments and you dont have to buy a full share (you could only buy $5 at a time if you wanted) The differences between VOO and FXAIX: VOO FXAIX Mutual Fund Managed by Fidelity 0.01% expense ratio ETF 0.03% expense ratio Managed by Vanguard If you are in a tax-advantaged account (like a Roth IRA) FXAIX is most likely the better choice. If in a normal brokerage account then VOO is" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7148588538114755886) 2022-09-29T00:14Z 38.9K followers, 19.8K engagements "Replying to @martha_kane The best stock to buy (in my opinion) is an index fund that tracks all the stocks in the stock market instead of trying to pick individual stocks. An example is VTI which is a total market index fund The best stock to buy* is a Total Market Index Fund (like $VTI) so that you can get a small piece of [----] different companies instead of trying to just pick [--]. The stock market has returned 10% per year historically so buying a Total Market Index Fund also returns 10% and you only have to buy one thing *just my opinion not financial advice Best stock to buy What stock" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7150047562731441451) 2022-10-02T22:36Z 38.1K followers, [----] engagements "Replying to @lisak065 The main benefits of an ETF over a mutual fund is that your tax burden is typically lower and they trade more similarly to stocks. The benefits of a mutual fund like VTSAX is that you dont have to buy whole shares and you can set up automatic investments into them. If you are investing in a tax-advantages account (like an IRA) then mutual funds are perfectly fine. If not an ETF is typically preferred. Is VTI (Vanguards Total Market ETF) better than VTSAX (Vanguards Total Market Index Fund) ETFs are a newer type of investment fund that are typically preferred to Mutual" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7150684658106207534) 2022-10-04T15:48Z 38.1K followers, [----] engagements "Replying to @danielle_rom FZROX v FSKAX. FZROX is a great choice. The only thing to watch out for is that you cant transfer it to a different brokerage Which is better: FZROX or FSKAX FZROX is Fidelitys Zero Fee Total Market Index Fund and FSKAX is their Total Market Index Fund. While FZROX does have lower fees (free v 0.03%) Fidelity doesnt let you transfer it if you switch to a different brokerage (which means you will have to sell it and pay taxes if not in a tax-advantaged account). But its a great fund if you will be with Fidelity long-term Is FZROX a good index fund FZROX v FSKAX Which" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7153735399871876395) 2022-10-12T21:07Z 38.9K followers, [----] engagements "Replying to @ek22220 Selling your company stock immediately when it vests is smart so that all of your net worth isnt in just one company. You can diversify so if your company does poorly you arent as affected If you work at a tech company that pays you a lot in stock then a large amount of your net worth is tied up in that one company. If things go bad (like this year) you can lose a TON of money. It can be smart to immediately sell stock when it vests (yes you pay higher taxes) so you can invest that money somewhere else so all of your money isnt in [--] company If you work at a tech company" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7161879378815716651) 2022-11-03T19:50Z 38.1K followers, 23.8K engagements "Never pay a commission for financial products because then some of your money is used to pay this persons commission. If you have a financial advisor they should be fee-based Quick tip: if the person giving you financial advice makes a commission from whatever they are trying to get you to invest in its probably not a good investment (whole life insurance some financial advisors etc). If they make a commission that means part of your money literally has to pay that persons commission instead of being used for investments. Quick tip: if the person giving you financial advice makes a commission" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7166772170134195499) 2022-11-17T00:16Z 38.8K followers, [----] engagements "Replying to @tiktokdcmeam My thoughts on Robinhood Investing Robinhood App Review This may surprise some people but I actually dont hate RH They are free and easy to use. They also just added IRAs. They do make it really easy to invest in risky things like options so you need to control the temptations but I have no issue with them (and even use them for my fun trading account) Robinhood App Review This may surprise some people but I actually dont hate RH They are free and easy to use. They also just added IRAs. They do make it really easy to invest in risky things like options so you need to" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7174511244135894318) 2022-12-07T20:48Z 38.7K followers, [----] engagements "Make sure to use your FSA money before the year ends Almost half of all people with FSA accounts lose money Did you know that almost half of all people that fund an FSA end up losing money because they dont spend the money in the FSA before the end of the year If you fund an FSA make sure you are submitting claims and actually using that money. If you dont use it you may want to lower how much you put in Did you know that almost half of all people that fund an FSA end up losing money because they dont spend the money in the FSA before the end of the year If you fund an FSA make sure you are" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7179682462119791918) 2022-12-21T19:15Z 38.9K followers, 19.1K engagements "Replying to @jammanthaaa Here are the three best companies to open a Roth IRA with The best companies to open a Roth IRA with. They are all super trustworthy have good index funds and are free: 1) Fidelity 2) Vanguard 3) Charles Schwab *you can also still put money in your Roth IRA for [----] The best companies to open a Roth IRA with. They are all super trustworthy have good index funds and are free: 1) Fidelity 2) Vanguard 3) Charles Schwab *you can also still put money in your Roth IRA for 2022" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7184551029747322158) 2023-01-03T22:07Z 38.8K followers, 44.5K engagements "Replying to @xxlucerox Market v limit orders. Market orders are typically fine When buying stocks should you do market or limit orders You will hear old sophisticated investors tell you to never use market orders because you might get a worse price but if you are buying big index funds or popular stocks the bid/ask spread will be close enough that market orders are totally fine. The only thing you *may* want to watch out for is if you are placing the order when the market isnt open. When buying stocks should you do market or limit orders You will hear old sophisticated investors tell you to" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7188881705871281454) 2023-01-15T14:13Z 38.9K followers, [----] engagements "Replying to @cheska__kian You can pick your own funds in your 401k Typically if you dont pick your own funds your 401k automatically will put you in a target date retirement fund (basically a mix of bonds and index funds) which is a decent option. Or you can pick your own funds from the available options. So you dont have to worry about your company investing your money poorly in your 401k Typically if you dont pick your own funds your 401k automatically will put you in a target date retirement fund (basically a mix of bonds and index funds) which is a decent option. Or you can pick your own" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7189613667170716971) 2023-01-17T13:33Z 38.9K followers, 14.8K engagements "Apply the 80/20 rule to your finances How to stay poor AND miserable Trying to save money by cutting out your small enjoyable expenses like: - Coffee ($3/day) - Netflix ($15/month) - Saturday morning bagels ($10/week) How to be richer and happier Focus on cutting your big expenses or making more money: - Negotiate your salary ($1000s/$10000s per year) - Negotiate a raise ($1000s/$10000s per year) - Improve your car payments or buy a cheaper car ($100s per month) - Improve your rent ($100s/month) How to stay poor AND miserable Trying to save money by cutting out your small enjoyable expenses" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7190834480658058538) 2023-01-20T20:30Z 38.6K followers, [----] engagements "Replying to @sosaditslovelyx No catch really Fidelity offers zero fee funds as a loss leader Fidelity offers zero-fee index funds for two reasons: 1) As a loss leader to get more people to use Fidelity (like how Costco sells their Hot Dog Meal for $1.50 or Rotisserie Chicken for $5 to get you in the store) 2) So that you dont leave Fidelity. You cant transfer those funds to a different brokerage Fidelity offers zero-fee index funds for two reasons: 1) As a loss leader to get more people to use Fidelity (like how Costco sells their Hot Dog Meal for $1.50 or Rotisserie Chicken for $5 to get you" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7191932045071863082) 2023-01-23T19:29Z 38.4K followers, [----] engagements "Stop saving money in your bank Save it in a high yield savings account instead When you finally open a High Yield Savings Account When you finally open a High Yield Savings Account" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7192557813812514094) 2023-01-25T11:58Z 38.9K followers, 341.3K engagements "How to get free/cheap tampons (and other healthcare products) using an HSA: 1) Open an HSA (if you are eligible 2) Invest that money into index funds 3) Use the investment gains (tax free) to buy tampons (or other eligible products) #freetampons #womeninfinance #financialfreedom #personalfinance #financialliteracy #finance101 #beginnerfinance #financetips Free tampon hack Free tampon hack" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7193179981944556843) 2023-01-27T04:12Z 38.9K followers, [----] engagements "Replying to @ch.eyenee Owing taxes is better than getting a tax refund. Why tax refunds are bad #taxes #taxrefund #taxreturn #taxtips *financially speaking and if you know what you are doing Owing taxes is better than getting a tax return* If you owed $10000 in taxes at the end of the year but put that money in a High Yield Savings Account throughout the year youd make $150 in interest on it by the time you had to pay taxes. Free money *financially speaking and if you know what you are doing Owing taxes is better than getting a tax return* If you owed $10000 in taxes at the end of the year" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7193708535727901995) 2023-01-28T14:23Z 38.9K followers, 326.4K engagements "What is a Roth IRA Why do you need one How does it work - Its a tax-advantaged retirement account that you buy stocks/index funds inside of (you HAVE TO buy stocks inside of it) - You put in post-tax money but all your investment gains are totally tax free (thats huge) - You can put in up to $6500 per year. If you do that for [--] years youll have $1.75M AND you dont have to pay taxes on it - A Roth IRA is different than a 401k. You open a Roth IRA on your own whereas a 401k is through your employer. You can (and should) have both - You MUST invest the money inside of your Roth IRA into" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7195680869539974443) 2023-02-02T21:56Z 38.3K followers, [----] engagements "What is a Roth IRA Why do you need one How does it work (part 4) - Its a tax-advantaged retirement account that you buy stocks/index funds inside of (you HAVE TO buy stocks inside of it) - You put in post-tax money but all your investment gains are totally tax free (thats huge) - You can put in up to $6500 per year. If you do that for [--] years youll have $1.75M AND you dont have to pay taxes on it - A Roth IRA is different than a 401k. You open a Roth IRA on your own whereas a 401k is through your employer. You can (and should) have both - You MUST invest the money inside of your Roth IRA" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7195900477207285034) 2023-02-03T12:09Z 38.3K followers, [----] engagements "Stop using your banks savings account You should be saving in a High Yield Savings Account #hysa #highyieldsavings #highyieldsavingsaccount #savingmoney #bankaccount #PersonalFinance #finance101 #beginnerfinance #financialfreedom #financialliteracy When you move your savings account to a High Yield Savings Account so you get more than $0.02 in interest Follow for $$ tips When you move your savings account to a High Yield Savings Account so you get more than $0.02 in interest Follow for $$ tips" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7195981790702505258) 2023-02-03T17:24Z 38.3K followers, [----] engagements "This is over 5x what the average 60yr old has saved and it takes 30-seconds each paycheck. Start investing to set yourself free financially. #financialfreedom #passiveincome When your whole friend group has been putting $250 from each paycheck into index funds in your Roth IRA which means you will all retire with over $1M (and over $800k in profits totally tax free) Make investing a habit and become financially free :) When your whole friend group has been putting $250 from each paycheck into index funds in your Roth IRA which means you will all retire with over $1M (and over $800k in profits" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7136949723109330219) 2022-08-28T15:30Z 37.8K followers, 4.8M engagements "Replying to @user6610762030552 The best index funds to start investing into Want to start investing but dont know where to start Vanguard has some great index funds that can give you a diversified holding. You could do something like: 80% of your money into VOO (S&P [---] index fund) 10% into VXUS (International index fund) and 10% into VNQ (Real Estate index fund) Want to start investing but dont know where to start Vanguard has some great index funds that can give you a diversified holding. You could do something like: 80% of your money into VOO (S&P [---] index fund) 10% into VXUS" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7137841146373557550) 2022-08-31T01:09Z 37.8K followers, [----] engagements "Replying to @sar_sarah_k You can still buy VOO You can buy Vanguard funds even if you dont have a Vanguard account and vanguard funds are normally better You can buy Vanguard funds even if you dont have a Vanguard account and vanguard funds are normally better" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7138167813734288683) 2022-08-31T22:16Z 37.8K followers, [----] engagements "Replying to @rayb1988 Here is my preference for investing in VTI and VXUS instead of VT" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7138170587649821995) 2022-08-31T22:27Z 37.8K followers, 10.1K engagements "Replying to @l_gaitan.tx Yep You can just keep buying more of the same funds Index funds are already diversified so you can just keep buying more of the same index funds every time you invest. Makes it easy Index funds are already diversified so you can just keep buying more of the same index funds every time you invest. Makes it easy" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7138508889846205742) 2022-09-01T20:20Z 37.8K followers, [----] engagements "ALWAYS get your free money from your 401k Its the best kind of passive income because its free money and it compounds by being invested in the stock market. #401k #passiveincome #financialfreedom #personalfinance When youve been maxing your companys 6% match in your 401k which means you are getting $4500 in free money every year invested into the stock market which will grow to over $850000 total in free money throughout your working career (now this is the best kind of passive income AND the easiest way to invest) When youve been maxing your companys 6% match in your 401k which means you are" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7138573865424342315) 2022-09-02T00:32Z 37.8K followers, 144.9K engagements "Replying to @tickertinker I think VOO is the best index fund #indexfund #passiveincome #financialfreedom Should you invest in $VOO or $VTI - S&P [---] Index Fund - 12.92% annual returns over the last [--] years VOO VTI - Total Market Index Fund - 12.52% annual returns over the last [--] years Both of them are great but I prefer VOO because it only has the [---] largest US companies which tend to be higher quality than some of the smaller US companies VTI has Should you invest in $VOO or $VTI - S&P [---] Index Fund - 12.92% annual returns over the last [--] years VOO VTI - Total Market Index Fund - 12.52%" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7138871451259702574) 2022-09-02T19:47Z 37.8K followers, 33.3K engagements "Replying to @aregee408 I choose VOO for a few reasons shown here #indexfunds #vanguard #etf #mutualfund #financialfreedom #passiveincome VOO v VTSAX mostly comes down to personal preference and how much money you have. VOO tracks the S&P [---] while VTSAX tracks the total stock market. VOO is an ETF so its a little easier to trade and its free to trade on basically all platforms. VTSAX only trades [--] time per day and you may have to pay a fee if you dont use Vanguard VTSAX has a $3000 minimum but VOO doesnt VTSAX you can set up automatic investments if you use Vanguard. VOO you cant VOO v VTSAX" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7139244442279660846) 2022-09-03T19:54Z 37.8K followers, [----] engagements "Been a pretty good decade for investing in index funds. Lets hope the next decade is as good #indexfunds #investing When you started investing $500/month into VOO [--] years ago When you started investing $500/month into VOO [--] years ago" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7143019557010083115) 2022-09-14T00:04Z 37.8K followers, 52.1K engagements "Start working on your credit score ASAP If you dont have a credit card get one opened and start paying it off. Itll help you out a ton when you take out loans #creditscore #creditcard #credit #PersonalFinance #retireamillionaire Your credit score after you open a credit card pay it off each month and dont exceed 30% utilization Your credit score after you open a credit card pay it off each month and dont exceed 30% utilization" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7143371737168678186) 2022-09-14T22:50Z 37.8K followers, 28.2K engagements "Replying to @princesstna The best stock and index funds to buy if you invest at Merrill Edge If you have an investing account at Merrill Edge you can buy Vanguards low fee index fund ETFs. My personal favorite is VTI which is Vanguards Total Market Index Fund which gives you a small piece of over [----] stocks. Its a great way to essentially buy the entire stock market by just buying one stock Best stocks at Merrill Edge What to buy at Merrill Edge If you have an investing account at Merrill Edge you can buy Vanguards low fee index fund ETFs. My personal favorite is VTI which is Vanguards Total" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7150082773259226410) 2022-10-03T00:53Z 37.8K followers, 27.7K engagements "Replying to @troll_puppet FZROX v VTI. Which one is better and which should you buy FZROX v VTI If you invest using Fidelity and plan to stay at Fidelity forever (or are investing in tax-advantages accounts) then FZROX is a perfect Total Market Index Fund. The only real downside is that you cant transfer it to other brokerages so youd have to sell it which could cause you to pay taxes. Is FZROX or VTI better FZROX v VTI Should I buy FZROX or VTI FZROX v VTI If you invest using Fidelity and plan to stay at Fidelity forever (or are investing in tax-advantages accounts) then FZROX is a perfect" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7150084907304308010) 2022-10-03T01:01Z 37.8K followers, [----] engagements "How Venture Capital works. A venture capital firm is a company whose job is to go raise money from rich people and organizations and invest that money into startups This is how venture capital works: One year ago you had an idea for Twitter but for stocks where you can see what other stocks people are trading. Its been a year and you are growing fast and need money to hire more engineers. So you go pitch your startup to Venture Capitalists who are a group of investors that work together and raised money from rich people and organizations (like colleges) and they invest that money into" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7161232673518882094) 2022-11-02T02:00Z 37.8K followers, [----] engagements "Some of the best investing options are limited by the government. Roth IRA 401k HSA I Bonds etc Quick tip: if the government limits the amount of money you are allowed to invest into something its often a good way to invest. - Roth IRA ($6k limit per year) - 401k ($20500 limit) - HSA ($3650 limit) - I Bond ($10k limit) Quick tip: if the government limits the amount of money you are allowed to invest into something its often a good way to invest. - Roth IRA ($6k limit per year) - 401k ($20500 limit) - HSA ($3650 limit) - I Bond ($10k limit)" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7163437221348068654) 2022-11-08T00:35Z 37.8K followers, 1.5M engagements "What is a Roth IRA Why do you need one How does it work - Its a tax-advantaged retirement account that you buy stocks/index funds inside of (you HAVE TO buy stocks inside of it) - You put in post-tax money but all your investment gains are totally tax free (thats huge) - You can put in up to $6500 per year. If you do that for [--] years youll have $1.75M AND you dont have to pay taxes on it - A Roth IRA is different than a 401k. You open a Roth IRA on your own whereas a 401k is through your employer. You can (and should) have both - You MUST invest the money inside of your Roth IRA into" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7195536937367915822) 2023-02-02T12:38Z 37.8K followers, 854.2K engagements "What is a Roth IRA Why do you need one How does it work - Its a tax-advantaged retirement account that you buy stocks/index funds inside of (you HAVE TO buy stocks inside of it) - You put in post-tax money but all your investment gains are totally tax free (thats huge) - You can put in up to $6500 per year. If you do that for [--] years youll have $1.75M AND you dont have to pay taxes on it - A Roth IRA is different than a 401k. You open a Roth IRA on your own whereas a 401k is through your employer. You can (and should) have both - You MUST invest the money inside of your Roth IRA into" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7196293455973338411) 2023-02-04T13:34Z 37.8K followers, [----] engagements "What is a Roth IRA Why do you need one How does it work (Roth IRA megavid) - Its a tax-advantaged retirement account that you buy stocks/index funds inside of (you HAVE TO buy stocks inside of it) - You put in post-tax money but all your investment gains are totally tax free (thats huge) - You can put in up to $6500 per year. If you do that for [--] years youll have $1.75M AND you dont have to pay taxes on it - A Roth IRA is different than a 401k. You open a Roth IRA on your own whereas a 401k is through your employer. You can (and should) have both - You MUST invest the money inside of your" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7196660380028947755) 2023-02-05T13:18Z 37.8K followers, [----] engagements "Here are some better places to save/invest your money instead of in a banks savings account #finance101 #beginnerfinance #financialfreedom #financialliteracy #beginnerinvesting #savemoney Financially stable adults dont gatekeep financial tips The bank is stealing your money Financially stable adults dont gatekeep financial tips The bank is stealing your money" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7197028135928384811) 2023-02-06T13:05Z 37.8K followers, 18.9K engagements "Do not come to me and ever suggest selling off investments to pay off manageable loans instead (this only makes sense if your interest rates arent super high) #studentloans #payingoffdebt #payingoffstudentloans #investing #studentdebt #finance101 #PersonalFinance #beginnerfinance #financialfreedom #financialliteracy Listening to my wife tell me her plan to pay off our student loans faster (shes a Doctor of Physical Therapy so the loans be large) that involves selling some of our long-term stock investments Listening to my wife tell me her plan to pay off our student loans faster (shes a" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7197175891196284206) 2023-02-06T22:38Z 37.8K followers, [----] engagements "The three best ways to set your kids up financially #financialfreedom #finance101 #PersonalFinance #beginnerfinance #beginnerinvesting #financialliteracy Financially stable adults dont gatekeep finance tips Make your kids rich Financially stable adults dont gatekeep finance tips Make your kids rich" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7197406067163155755) 2023-02-07T13:31Z 37.8K followers, [----] engagements "Replying to @noprobllama.24 [--] best ways to set up your children financially for the future #financialfreedom #finance101 #PersonalFinance #beginnerfinance #beginnerinvesting Make your kid a millionaire The [--] best ways to help your kids grow up to be financially stable: 1) [---] plan. Only for education for right now but they are probably loosening those restrictions 2) UTMA account 3) Teach them about investing/saving/budgeting when they are young Make your kid a millionaire The [--] best ways to help your kids grow up to be financially stable: 1) [---] plan. Only for education for right now but" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7197964397342477611) 2023-02-09T01:38Z 37.8K followers, [----] engagements "Top [--] Myths about a Roth IRA #rothiraexplained #rothira #rothiratips #rothiraforbeginners #howtoinvest #financialfreedom #finance101 #PersonalFinance #beginnerfinance #financialliteracy Financially stable adults dont gatekeep financial tips Roth IRA Myths Financially stable adults dont gatekeep financial tips Roth IRA Myths" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7198505762434551086) 2023-02-10T12:39Z 37.8K followers, [----] engagements "Long-term investing is the secret to building wealth. You can literally set it and forget it. #howtoinvest #financialfreedom #finance101 #PersonalFinance #beginnerfinance #financialliteracy #beginnerfinance #beginnerinvesting #longterminvesting Did you know that if you invested $10000 in the stock market on the absolute worst day of the last [---] years (during the peak in September [----] before the Great Depression) but waited for [--] years before selling your $10000 STILL turned into $95000. Thats right the absolute WORST case scenario and you still are up 850% Did you know that if you invested" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7198758847060856110) 2023-02-11T05:01Z 37.8K followers, 335K engagements "You should be saving your money in a High Yield Savings Account instead of your normal bank account. The interest rates are literally 300x higher or more (currently 3.3%) Follow for more finance tips :) #financialfreedom #financialliteracy #PersonalFinance #finance101 #hysa #earninterest #savemoney #savings Your bank is stealing your money Your bank is stealing your money" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7199282898636262698) 2023-02-12T14:54Z 37.8K followers, [----] engagements "Replying to @chunkychicken.nugget What are better investing options than a Roth IRA or 401k If you believe a Roth IRA or 401k isnt a good option what do you think are better risk/return opportunities for most people If you believe a Roth IRA or 401k isnt a good option what do you think are better risk/return opportunities for most people" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7200000762079055150) 2023-02-14T13:20Z 37.8K followers, [----] engagements "Replying to @mytiktokadrian If you want to add real estate to your portfolio FSRNX is a good choice If you want to add real estate exposure to your portfolio FSRNX from Fidelity is a great choice. You (typically) cant go wrong with Fidelity or Vanguard funds (or even Schwab). The vast majority of your portfolio should be in a total market fund (like VTI or FSKAX) but real estate can be a great addition (remember that if you own a house that is also real estate exposure) If you want to add real estate exposure to your portfolio FSRNX from Fidelity is a great choice. You (typically) cant go" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7200860067078442286) 2023-02-16T20:54Z 37.8K followers, [----] engagements "Replying to @andrianawhite Can you have both a Roth IRA and a 401k #financialfreedom #rothira #401k #passiveincome When you realize that you can invest in both a 401k and a Roth IRA. If your company gives you a match on your 401k thats the best thing to do (its free money) Then you want to invest in your Roth IRA (if you are able to get your 401k match and max out your Roth IRA then you should put more of your paycheck in your 401k) When you realize that you can invest in both a 401k and a Roth IRA. If your company gives you a match on your 401k thats the best thing to do (its free money)" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7202799419538951466) 2023-02-22T02:20Z 37.8K followers, 13.8K engagements "Stock market explanations for beginners. What is an index fund What is a brokerage account What are capital gains #financialfreedom #stockmarketforbeginners #investingforbeginners #stockmarketexplained #PersonalFinance #personalfinancetips Financially Stable Adults dont Gatekeep Stock Market Info Stock Market Explanations Financially Stable Adults dont Gatekeep Stock Market Info Stock Market Explanations" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7205567223954541866) 2023-03-01T13:21Z 37.8K followers, [----] engagements "Replying to @ashtynpowell My preference for maxing out 401k is to get the employee match then max out Roth IRA then go back to adding more to 401k Why you shouldnt max out your 401kšØ DEFINITELY get the employee match (its free money). But then I like to max out the Roth IRA next because its more flexible (can take out contributions anytime) has more investing options and has lower fees (401ks tend to have fees). Then once the Roth IRA is maxed out I like to go back to investing more in the 401k Why you shouldnt max out your 401kšØ DEFINITELY get the employee match (its free money). But then" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7205940347015269674) 2023-03-02T13:29Z 37.8K followers, 34.6K engagements "Replying to @ashtynpowell Married couples can each have their own Roth IRA that they each can put up to $6500/yr into #financialfreedom #investingforbeginners #rothira #PersonalFinance Did you know that if you are married you can put double the amount of money into Roth IRAs Married couples can each have their own Roth IRA that they can put up to $6500 each into. Even if one spouse doesnt work at all you can still each have a Roth IRA account that you each put $6500/yr in Did you know that if you are married you can put double the amount of money into Roth IRAs Married couples can each have" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7212240850213014830) 2023-03-19T12:58Z 37.8K followers, [----] engagements "How mich money you would make by saving money in a High Yield Savings Account #financialfreedom #PersonalFinance #personalfinancetips #financialliteracy How much money youd earn each MONTH in a high yield savings account (totally risk free) If you have $1000 saved = $3 If you have $10k saved = $30 If you have $25k saved = $75 If you have $50k saved = $150 If you have $100k saved = $300 How much money youd earn each MONTH in a high yield savings account (totally risk free) If you have $1000 saved = $3 If you have $10k saved = $30 If you have $25k saved = $75 If you have $50k saved = $150 If" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7212758418187210026) 2023-03-20T22:26Z 37.8K followers, 30.7K engagements "Replying to @sofybrim Roth IRA withdrawal rules. When can you take money out of your roth IRA Can you take money out of your Roth IRA Yes and no: - Yes you can take your contributions (ie the money you put in) out any time with no taxes or fees - No* you cannot take your profits out without paying taxes and a fee until you are [----] and the account has been open for [--] years *there are a few exceptions Can you take money out of your Roth IRA Yes and no: - Yes you can take your contributions (ie the money you put in) out any time with no taxes or fees - No* you cannot take your profits out" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7225240090493160746) 2023-04-23T13:42Z 37.8K followers, 11.8K engagements "What is a Roth IRA Why do you need one How does it work - Its a tax-advantaged retirement account that you buy stocks/index funds inside of (you HAVE TO buy stocks inside of it) - You put in post-tax money but all your investment gains are totally tax free (thats huge) - You can put in up to $6500 per year. If you do that for [--] years youll have $1.75M AND you dont have to pay taxes on it - A Roth IRA is different than a 401k. You open a Roth IRA on your own whereas a 401k is through your employer. You can (and should) have both - You MUST invest the money inside of your Roth IRA into" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7195536937367915822) 2023-02-02T12:38Z 37.8K followers, 854.2K engagements "Some of the best investing options are limited by the government. Roth IRA 401k HSA I Bonds etc Quick tip: if the government limits the amount of money you are allowed to invest into something its often a good way to invest. - Roth IRA ($6k limit per year) - 401k ($20500 limit) - HSA ($3650 limit) - I Bond ($10k limit) Quick tip: if the government limits the amount of money you are allowed to invest into something its often a good way to invest. - Roth IRA ($6k limit per year) - 401k ($20500 limit) - HSA ($3650 limit) - I Bond ($10k limit)" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7163437221348068654) 2022-11-08T00:35Z 37.8K followers, 1.5M engagements "This is over 5x what the average 60yr old has saved and it takes 30-seconds each paycheck. Start investing to set yourself free financially. #financialfreedom #passiveincome When your whole friend group has been putting $250 from each paycheck into index funds in your Roth IRA which means you will all retire with over $1M (and over $800k in profits totally tax free) Make investing a habit and become financially free :) When your whole friend group has been putting $250 from each paycheck into index funds in your Roth IRA which means you will all retire with over $1M (and over $800k in profits" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7136949723109330219) 2022-08-28T15:30Z 37.8K followers, 4.8M engagements "Replying to @sofybrim Roth IRA withdrawal rules. When can you take money out of your roth IRA Can you take money out of your Roth IRA Yes and no: - Yes you can take your contributions (ie the money you put in) out any time with no taxes or fees - No* you cannot take your profits out without paying taxes and a fee until you are [----] and the account has been open for [--] years *there are a few exceptions Can you take money out of your Roth IRA Yes and no: - Yes you can take your contributions (ie the money you put in) out any time with no taxes or fees - No* you cannot take your profits out" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7225240090493160746) 2023-04-23T13:42Z 37.8K followers, 11.8K engagements "How mich money you would make by saving money in a High Yield Savings Account #financialfreedom #PersonalFinance #personalfinancetips #financialliteracy How much money youd earn each MONTH in a high yield savings account (totally risk free) If you have $1000 saved = $3 If you have $10k saved = $30 If you have $25k saved = $75 If you have $50k saved = $150 If you have $100k saved = $300 How much money youd earn each MONTH in a high yield savings account (totally risk free) If you have $1000 saved = $3 If you have $10k saved = $30 If you have $25k saved = $75 If you have $50k saved = $150 If" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7212758418187210026) 2023-03-20T22:26Z 37.8K followers, 30.7K engagements "Replying to @ashtynpowell Married couples can each have their own Roth IRA that they each can put up to $6500/yr into #financialfreedom #investingforbeginners #rothira #PersonalFinance Did you know that if you are married you can put double the amount of money into Roth IRAs Married couples can each have their own Roth IRA that they can put up to $6500 each into. Even if one spouse doesnt work at all you can still each have a Roth IRA account that you each put $6500/yr in Did you know that if you are married you can put double the amount of money into Roth IRAs Married couples can each have" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7212240850213014830) 2023-03-19T12:58Z 37.8K followers, [----] engagements "Replying to @ashtynpowell My preference for maxing out 401k is to get the employee match then max out Roth IRA then go back to adding more to 401k Why you shouldnt max out your 401kšØ DEFINITELY get the employee match (its free money). But then I like to max out the Roth IRA next because its more flexible (can take out contributions anytime) has more investing options and has lower fees (401ks tend to have fees). Then once the Roth IRA is maxed out I like to go back to investing more in the 401k Why you shouldnt max out your 401kšØ DEFINITELY get the employee match (its free money). But then" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7205940347015269674) 2023-03-02T13:29Z 37.8K followers, 34.6K engagements "Stock market explanations for beginners. What is an index fund What is a brokerage account What are capital gains #financialfreedom #stockmarketforbeginners #investingforbeginners #stockmarketexplained #PersonalFinance #personalfinancetips Financially Stable Adults dont Gatekeep Stock Market Info Stock Market Explanations Financially Stable Adults dont Gatekeep Stock Market Info Stock Market Explanations" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7205567223954541866) 2023-03-01T13:21Z 37.8K followers, [----] engagements "Replying to @andrianawhite Can you have both a Roth IRA and a 401k #financialfreedom #rothira #401k #passiveincome When you realize that you can invest in both a 401k and a Roth IRA. If your company gives you a match on your 401k thats the best thing to do (its free money) Then you want to invest in your Roth IRA (if you are able to get your 401k match and max out your Roth IRA then you should put more of your paycheck in your 401k) When you realize that you can invest in both a 401k and a Roth IRA. If your company gives you a match on your 401k thats the best thing to do (its free money)" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7202799419538951466) 2023-02-22T02:20Z 37.8K followers, 13.8K engagements "Replying to @mytiktokadrian If you want to add real estate to your portfolio FSRNX is a good choice If you want to add real estate exposure to your portfolio FSRNX from Fidelity is a great choice. You (typically) cant go wrong with Fidelity or Vanguard funds (or even Schwab). The vast majority of your portfolio should be in a total market fund (like VTI or FSKAX) but real estate can be a great addition (remember that if you own a house that is also real estate exposure) If you want to add real estate exposure to your portfolio FSRNX from Fidelity is a great choice. You (typically) cant go" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7200860067078442286) 2023-02-16T20:54Z 37.8K followers, [----] engagements "Replying to @chunkychicken.nugget What are better investing options than a Roth IRA or 401k If you believe a Roth IRA or 401k isnt a good option what do you think are better risk/return opportunities for most people If you believe a Roth IRA or 401k isnt a good option what do you think are better risk/return opportunities for most people" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7200000762079055150) 2023-02-14T13:20Z 37.8K followers, [----] engagements "You should be saving your money in a High Yield Savings Account instead of your normal bank account. The interest rates are literally 300x higher or more (currently 3.3%) Follow for more finance tips :) #financialfreedom #financialliteracy #PersonalFinance #finance101 #hysa #earninterest #savemoney #savings Your bank is stealing your money Your bank is stealing your money" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7199282898636262698) 2023-02-12T14:54Z 37.8K followers, [----] engagements "Long-term investing is the secret to building wealth. You can literally set it and forget it. #howtoinvest #financialfreedom #finance101 #PersonalFinance #beginnerfinance #financialliteracy #beginnerfinance #beginnerinvesting #longterminvesting Did you know that if you invested $10000 in the stock market on the absolute worst day of the last [---] years (during the peak in September [----] before the Great Depression) but waited for [--] years before selling your $10000 STILL turned into $95000. Thats right the absolute WORST case scenario and you still are up 850% Did you know that if you invested" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7198758847060856110) 2023-02-11T05:01Z 37.8K followers, 335K engagements "Top [--] Myths about a Roth IRA #rothiraexplained #rothira #rothiratips #rothiraforbeginners #howtoinvest #financialfreedom #finance101 #PersonalFinance #beginnerfinance #financialliteracy Financially stable adults dont gatekeep financial tips Roth IRA Myths Financially stable adults dont gatekeep financial tips Roth IRA Myths" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7198505762434551086) 2023-02-10T12:39Z 37.8K followers, [----] engagements "Replying to @noprobllama.24 [--] best ways to set up your children financially for the future #financialfreedom #finance101 #PersonalFinance #beginnerfinance #beginnerinvesting Make your kid a millionaire The [--] best ways to help your kids grow up to be financially stable: 1) [---] plan. Only for education for right now but they are probably loosening those restrictions 2) UTMA account 3) Teach them about investing/saving/budgeting when they are young Make your kid a millionaire The [--] best ways to help your kids grow up to be financially stable: 1) [---] plan. Only for education for right now but" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7197964397342477611) 2023-02-09T01:38Z 37.8K followers, [----] engagements "The three best ways to set your kids up financially #financialfreedom #finance101 #PersonalFinance #beginnerfinance #beginnerinvesting #financialliteracy Financially stable adults dont gatekeep finance tips Make your kids rich Financially stable adults dont gatekeep finance tips Make your kids rich" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7197406067163155755) 2023-02-07T13:31Z 37.8K followers, [----] engagements "Do not come to me and ever suggest selling off investments to pay off manageable loans instead (this only makes sense if your interest rates arent super high) #studentloans #payingoffdebt #payingoffstudentloans #investing #studentdebt #finance101 #PersonalFinance #beginnerfinance #financialfreedom #financialliteracy Listening to my wife tell me her plan to pay off our student loans faster (shes a Doctor of Physical Therapy so the loans be large) that involves selling some of our long-term stock investments Listening to my wife tell me her plan to pay off our student loans faster (shes a" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7197175891196284206) 2023-02-06T22:38Z 37.8K followers, [----] engagements "Here are some better places to save/invest your money instead of in a banks savings account #finance101 #beginnerfinance #financialfreedom #financialliteracy #beginnerinvesting #savemoney Financially stable adults dont gatekeep financial tips The bank is stealing your money Financially stable adults dont gatekeep financial tips The bank is stealing your money" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7197028135928384811) 2023-02-06T13:05Z 37.8K followers, 18.9K engagements "What is a Roth IRA Why do you need one How does it work (Roth IRA megavid) - Its a tax-advantaged retirement account that you buy stocks/index funds inside of (you HAVE TO buy stocks inside of it) - You put in post-tax money but all your investment gains are totally tax free (thats huge) - You can put in up to $6500 per year. If you do that for [--] years youll have $1.75M AND you dont have to pay taxes on it - A Roth IRA is different than a 401k. You open a Roth IRA on your own whereas a 401k is through your employer. You can (and should) have both - You MUST invest the money inside of your" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7196660380028947755) 2023-02-05T13:18Z 37.8K followers, [----] engagements "What is a Roth IRA Why do you need one How does it work - Its a tax-advantaged retirement account that you buy stocks/index funds inside of (you HAVE TO buy stocks inside of it) - You put in post-tax money but all your investment gains are totally tax free (thats huge) - You can put in up to $6500 per year. If you do that for [--] years youll have $1.75M AND you dont have to pay taxes on it - A Roth IRA is different than a 401k. You open a Roth IRA on your own whereas a 401k is through your employer. You can (and should) have both - You MUST invest the money inside of your Roth IRA into" [TikTok Link](https://www.tiktok.com/@retireamillionaire/video/7196293455973338411) 2023-02-04T13:34Z 37.8K followers, [----] engagements Limited data mode. Full metrics available with subscription: lunarcrush.com/pricing
@retireamillionaire Connor | Financial Freedom
Connor | Financial Freedom posts on TikTok about money, if you, stocks, investment the most. They currently have [------] followers and [---] posts still getting attention that total [---] engagements in the last [--] hours.
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Social Influence
Social category influence finance stocks financial services #1348 technology brands social networks
Social topic influence money, if you, stocks, investment, retirement, stable, what is, up to, vanguard #271, in a
Top accounts mentioned or mentioned by @ashtynpowell @thislifeilead1996 @sosaditslovelyx @noprobllama24 @chunkychickennugget @mytiktokadrian @andrianawhite @sofybrim @lizholder81 @tomche36 @tiffvu @maguireemily @jack @nserra30 @naraseeps @carisatiktokfinds @user4765381897585 @ms220220 @yazo @user1000241688
Top assets mentioned Robinhood Markets, Inc. (HOOD) Charles Schwab Corporation (SCHW) Costco Wholesale Corporation (COST)
Top Social Posts
Top posts by engagements in the last [--] hours
"Replying to @lizholder81 What is a money market account and why do you need it #investing #passiveincome #financialfreedom #personaltrainer What is a Money Market account for It holds the money in your investing account until you invest it in stocks. You put the money there first and then buy stocks What is a Money Market account for It holds the money in your investing account until you invest it in stocks. You put the money there first and then buy stocks"
TikTok Link 2022-09-03T01:48Z 37.8K followers, [----] engagements
"Replying to @tomche36 Top [--] Fidelity Index Funds #indexfunds #investing #passiveincome #financialfreedom Top [--] Fidelity Funds to Own (you can even set up automatic investments in these) 1) FXAIX (S&P 500) 2) FTIHX (International) 3) FRESX (Real Estate) Top [--] Fidelity Funds to Own (you can even set up automatic investments in these) 1) FXAIX (S&P 500) 2) FTIHX (International) 3) FRESX (Real Estate)"
TikTok Link 2022-09-01T21:15Z 37.8K followers, 32.4K engagements
"Replying to @tiffvu the [--] stocks I would own if I used Charles Schwab Which stocks would I own if I used Charles Schwab Which stocks would I own if I used Charles Schwab"
TikTok Link 2022-09-14T14:09Z 37.8K followers, 43.5K engagements
"The earlier you start the more money you will have And its tax free #investingforbeginners #whowantstobeamillionaire #investingforteens #imvestingformillenials #millionaire #invest #investingforkids #investingforwomen #investforthefuture #investforus #wealth #investforyourself #personalfinance #financeforyou #finances #financesforwomen #financestrategist #financialliteracy #millionaireseries #rothira #roth #millionairesteps #millionairemindset #millionairesoon #millionairewealth #becomeamillionaire [--] Steps to Retire with a Million Dollars (easily) [--]. Open a Roth IRA with either Fidelity or"
TikTok Link 2022-07-26T01:47Z 37.8K followers, 450.2K engagements
"Both of these are ZERO fee index funds which give you high earning diverse exposure to the markets #investingforbeginners #whowantstobeamillionaire #investingforteens #imvestingformillenials #millionaire #invest #investingforkids #investingforwomen #investforthefuture #investforus #wealth #investforyourself #personalfinance #financeforyou #finances #financesforwomen #financestrategist #financialliteracy #millionaireseries #rothira #roth #millionairesteps #millionairemindset #millionairesoon #millionairewealth #becomeamillionaire [--] Index Funds you should own in your Fidelity Roth IRA: 1) FZROX"
TikTok Link 2022-08-02T16:30Z 37.8K followers, [----] engagements
"Replying to @maguire.emily FBGRX fund review Is FBGRX in Fidelity a good fund Its the Blue Chip Growth Fund FXAIX holdings *the fees are also a lot higher (0.79% v 0.015%) and its more volatile Is FBGRX in Fidelity a good fund Its the Blue Chip Growth Fund FXAIX holdings *the fees are also a lot higher (0.79% v 0.015%) and its more volatile"
TikTok Link 2022-09-13T18:42Z 37.8K followers, [----] engagements
"Replying to @Jack FSKAX is a great choice for an index fund FSKAX should be like your dog in your bed when you are trying to sleep it takes up all of your space Follow for more FSKAX should be like your dog in your bed when you are trying to sleep it takes up all of your space Follow for more"
TikTok Link 2022-08-24T02:30Z 37.8K followers, [---] engagements
"Replying to @nserra30 My two favorite index funds on Fidelity #personalfinance #investing #financialfreedom #passiveincome My two favorite funds on Fidelity (and automatic investments) FXAIX - S&P [---] FTIHX - S&P [---] My two favorite funds on Fidelity (and automatic investments) FXAIX - S&P [---] FTIHX - S&P 500"
TikTok Link 2022-09-12T14:17Z 37.8K followers, 233.5K engagements
"Replying to @naraseeps #greenscreen Step-by-step for how to buy a stock on the Vanguard app #investing *not a swipe youll just click the submit button again *not a swipe youll just click the submit button again"
TikTok Link 2022-09-12T16:04Z 37.8K followers, 80.2K engagements
"Replying to @carisatiktokfinds Acorns Investing app review. Is Acorns a good brokerage #financialfreedom #passiveinvesting Is Acorns a good investing app (1 good thing and [--] bad things) Bad: Good: - Round up feature (automatic investing) - Really High Fees - Dont know what you are investing in *couple dollars in ETF fees in Vanguard or Fidelity Is Acorns a good investing app (1 good thing and [--] bad things) Bad: Good: - Round up feature (automatic investing) - Really High Fees - Dont know what you are investing in *couple dollars in ETF fees in Vanguard or Fidelity"
TikTok Link 2022-09-25T23:18Z 37.8K followers, 234.8K engagements
"Replying to @thislifeilead1996 you only need a couple of index funds because they are already diverse. Here is what Id do Buy fewer index funds *not financial advice ** do whatever you want Buy fewer index funds *not financial advice ** do whatever you want"
TikTok Link 2023-01-25T01:32Z 37.8K followers, 24.6K engagements
"Index Funds let you easily invest in the market ecen if you sont know anything about stocks #PersonalFinance #finance #fintok #stocks #stockmarket #stockinvesting #investing #indexfunds #retirement Index Funds Explained š§ (how to invest in the stock market š ) Follow Me š *more info in comments * more info in comments Index Funds Explained š§ (how to invest in the stock market š ) Follow Me š *more info in comments * more info in comments"
TikTok Link 2022-07-17T01:01Z 37.9K followers, [---] engagements
"We had record high inflation last month which means the stuff you buy every month got more expensive.What is inflation / what is CPI- Inflation simply means that the things you buy are getting more expensive- CPI is the consumer price index which represents how much it costs to buy a basket of the most important good (things like food rent and clothes). When the CPI rises that means we have inflationWhat causes inflation- Inflation is caused by demand for goods being greater than supply or because the price of goods increases due to more expensive materials and/or labor. Demand can increase"
TikTok Link 2022-07-27T17:06Z 37.9K followers, [---] engagements
"School really didnt teach us anything abiut investing. So I will try to do that (more info below)How a Roth IRA works:- You can put up to $6k per year into your Roth IRA- You must be working to invest your income into your Roth IRA- You can withdraw your contributions at any time- You must invest the money into the stock market (like index funds) after putting it in your Roth IRA- All the gains you make from the stock market in your Roth IRA are tax freeHow to setup a Roth IRA (open a Roth IRA):- Go to Vanguard or Fidelity and choose to create a Roth IRA account (its free)- Put in the basic"
TikTok Link 2022-07-30T04:14Z 37.9K followers, [----] engagements
"Replying to @user4765381897585 VOO is one of the best index funds for your Roth IRA because of the low fees VOO is a great index fund because Follow for more :) VOO is a great index fund because Follow for more :)"
TikTok Link 2022-08-24T11:13Z 38K followers, 11.3K engagements
"Replying to @ms220220 Roth IRA and 403b are both awesome options for retirement investing. If you get a match on your 403b definitely do that first and then invest into index funds in your Roth IRA for tax free gains You basically like them equally but you actually like the 403b (or 401k) a little more because of the match Follow for more You basically like them equally but you actually like the 403b (or 401k) a little more because of the match Follow for more"
TikTok Link 2022-08-24T12:27Z 38K followers, [----] engagements
"Replying to @yazo #greenscreen How to buy your first index fund on Vanguard #financetips #rothira #howtoinvest No looking Follow for more :) Follow for more :) No looking Follow for more :) Follow for more :)"
TikTok Link 2022-08-26T01:49Z 37.8K followers, 61.8K engagements
"Replying to @user1000241688 Index Fund explained #indexfund #financialfreedom Imagine there was a way for you to buy [---] stocks at one time with just the click of a button. Thats basically an index fund. You can buy just one stock (like VOO) and it is like buying all of the stocks in that index (like the S&P 500). Buying VOO is like buying all of the stocks in the S&P [---] Follow to learn more :) Imagine there was a way for you to buy [---] stocks at one time with just the click of a button. Thats basically an index fund. You can buy just one stock (like VOO) and it is like buying all of the"
TikTok Link 2022-08-31T01:03Z 38K followers, [----] engagements
"Replying to @Marissa The best stock trading platforms if you want to start investing in stocks #financialfreedom #passiveincome If you want to start investing and buying index funds to hold for the long term these are the best platforms: Vanguard Fidelity Schwab If you want to become an active trader that trades lots of stocks these are the best platforms: ThinkOrSwim Robinhood Webull Interactive Brokers If you want to start investing and buying index funds to hold for the long term these are the best platforms: Vanguard Fidelity Schwab If you want to become an active trader that trades lots"
TikTok Link 2022-08-31T10:14Z 38K followers, [----] engagements
"Replying to @casper2338 If I could only buy [--] stock this is what it would be and why #investing #financialfreedom #personalfinance #passiveincome If I could only buy [--] single stock what would I buy VOO you get a piece of the [---] biggest companies in the US If I could only buy [--] single stock what would I buy VOO you get a piece of the [---] biggest companies in the US"
TikTok Link 2022-09-01T23:17Z 37.9K followers, 34.1K engagements
"How to make money in the easiest way possible Just start investing in index funds through your Roth IRA #rothira #financialfreedom #passiveincome #personalfinance How to make $1000000 in the laziest way possible (and tax free) 1) Open a Roth IRA with Vanguard or Fidelity 2) Every time you get a paycheck buy $250 of VOO (an index fund) 3) Just wait. Compounding will get you over a million dollars (if you dont have an extra $500/month to invest thats totally fine Take care of your priorities first and if you have any little bit left over start investing it) How to make $1000000 in the laziest"
TikTok Link 2022-09-02T01:52Z 37.9K followers, 325.2K engagements
"Replying to @psylenton3 The entire stock market is down 18% so you are doing alright Just stay the course #financialfreedom #recession #passiveincome #investing When you realize that the entire stock market is down 18% this year so most everyone is negative. But in the long-term the market always recovers and its actually a great time to keep buying more when the market is down (its super important to not get scared and start selling. Remember we are in it for the long-run) When you realize that the entire stock market is down 18% this year so most everyone is negative. But in the long-term"
TikTok Link 2022-09-03T01:54Z 37.9K followers, 28.8K engagements
"Replying to @swaydiggity My top [--] investments in my Roth IRA #rothira #investing My top [--] investments 2) VXUS (15%) 3) VNQ (optional - 10% or less) 1) VTI / VOO (most money) My top [--] investments 2) VXUS (15%) 3) VNQ (optional - 10% or less) 1) VTI / VOO (most money)"
TikTok Link 2022-09-12T16:18Z 37.9K followers, 74.5K engagements
"Replying to @cheepcheepmeep #greenscreen How much money I made when I was [--] #firstjob #personalfinance #financialfreedom Me at [--] *chocolate factory incoming What was your first job Me at [--] *chocolate factory incoming What was your first job"
TikTok Link 2022-09-15T13:11Z 37.9K followers, [----] engagements
"Make sure you are taking advantage of all of the free money your company offers. Company benefits like 401k ESPP Profit Sharing HSA and tuition reimbursement are all free money #companybenefits #personalfinance #financialfreedom #passiveincome (make sure you are taking advantage of these if your company offers them Its free money) If you work at a job that offers all of these they are top tier 1) 401k match 2) ESPP or Profit Sharing 3) HSA (through their health insurance benefit) 4) Tuition Reimbursement (make sure you are taking advantage of these if your company offers them Its free money)"
TikTok Link 2022-09-17T15:24Z 37.9K followers, [----] engagements
"Heres how long it will take to have one million dollars if you save $100 per month Heres how long it would take to become a millionaire by saving $100 per month. The S&P [---] historically has about a 10% yearly return. So with a 10% return it would take [--] years to have $1000000 (and you would only have invested $56500). $100 / month = $1200 / year = $56.5k after 47yrs = $1M with 10% returns Heres how long it would take to become a millionaire by saving $100 per month. The S&P [---] historically has about a 10% yearly return. So with a 10% return it would take [--] years to have $1000000 (and you"
TikTok Link 2022-11-23T02:01Z 38K followers, [----] engagements
"Replying to @hadoopmr 401k caps explained. The $20500 cap for you as an employee is your total cap 401k caps explained: - $20500 is your full cap (pre-tax and post-tax) as an employee ($27k if youre [--] and over) - This cap is for ALL your 401ks combined if you have more than one - The cap for your employers contributions is $40500 - The total cap is either $61000 (or $67500 if you are [--] and over) or 100% of your salary if its less than that cap 401k caps explained: - $20500 is your full cap (pre-tax and post-tax) as an employee ($27k if youre [--] and over) - This cap is for ALL your 401ks"
TikTok Link 2022-11-29T03:24Z 38K followers, [----] engagements
"Replying to @amberaustin711 VTI v VOO. Should you own both VTI actually owns all the stocks that VOO owns plus about [----] more. Since they are market cap weighted they will also have fairly similar returns. So you dont need both Should you buy both VTI and VOO VTI is a Total Market Index Fund (they own a small piece of basically all the stocks) and VOO is an S&P [---] Index Fund (they own a small piece of all stocks on the S&P 500). VTI actually owns all of the stocks that VOO owns plus about [----] more. Since they are market cap weighted they will actually have pretty similar returns. So just"
TikTok Link 2022-12-03T04:01Z 38K followers, [----] engagements
"Replying to @kaymfo High Yield Savings Account explanation A high yield savings account is simply a savings account (like the one you have at your bank) but it pays a higher interest rate. They currently pay 3% (compared to like 0.3% for normal checking accounts). The only catch is that you can normally only take money out of that account a handful of times a month. So it needs to be money you wont need regularly (like for paying bills) A high yield savings account is simply a savings account (like the one you have at your bank) but it pays a higher interest rate. They currently pay 3%"
TikTok Link 2022-12-10T14:48Z 38K followers, [----] engagements
"How Venture Capital works This is how venture capital works: One year ago you had an idea for Twitter but for stocks where you can see what other stocks people are trading. Its been a year and you are growing fast and need money to hire more engineers. So you go pitch your startup to Venture Capitalists which are a group of investors that that raised money from rich people and organizations (like colleges) and they invest that money into startups. They love your idea and will give you $1M for 10% of your company. [--] years later you sell your company for $100M and you get $90M and the Venture"
TikTok Link 2022-12-12T13:58Z 37.9K followers, [---] engagements
"Replying to @melanne0605 The best cash back credit cards with no fees Credit cards are super specific to your spending habits but you typically want to pair cards that gets you the most cash back for categories you spend a lot on with a general 2% cash back card. Some great options are the Citi Custom Cash Card (groceries) Amazon Prime Rewards Visa (Amazon purchases - if you have Prime) Costco Anywhere Visa (restaurants and gas - if you have Costco membership) and any of the free 2% cash back cards for all general purchases (Citi Double Cash WF Active Cash etc) The best cash back credit cards"
TikTok Link 2022-12-16T20:15Z 38.7K followers, [----] engagements
"How a professional financial advisor invests their money How a professional financial advisor (*not me) invests their own money: 1) Max out Simple IRA match through work (100% invested in VOO) 2) Max out the wifes 401k match through her work (100% in FXAIX) 3) Max out Roth IRA for him and his wife (100% in VOO) 4) Max out HSA (invest all but the $1000 minimum in VFIAX) 5) Replenish High Yield Savings account or invest in VOO in a taxable account How a professional financial advisor (*not me) invests their own money: 1) Max out Simple IRA match through work (100% invested in VOO) 2) Max out"
TikTok Link 2022-12-20T19:41Z 37.9K followers, 45.5K engagements
"Replying to @rileyjaensch FXAIX or FSKAX Most recommend FSKAX but both are great FSKAX is typically more recommended than FXAIX just because you get a little more diversication since its a total market fund verses just S&P [---] but either is great You also dont need to add any diversity if you own either one they are plenty diverse. (you can obviously add another fund if you want but you dont need to) FSKAX is typically more recommended than FXAIX just because you get a little more diversication since its a total market fund verses just S&P [---] but either is great You also dont need to add any"
TikTok Link 2022-12-31T19:35Z 37.9K followers, [----] engagements
"Replying to @omnibar Real estate is a separate discussion and the 401k does have the downside of your money locked up but I still think its better than a brokerage account 401Ks are absolutely not a scam and definitely better than a normal brokerage account. The employer match is free money and you dont pay capital gains. You do have to pay income tax when you retire but many people have lower income taxes in retirement. *real estate investing is a totally separate discussion unrelated to stocks/retirement funds 401Ks are absolutely not a scam and definitely better than a normal brokerage"
TikTok Link 2023-01-10T22:31Z 37.9K followers, [----] engagements
"Replying to @kylorensparkly ETFs v Mutual Funds. Which is better and why Vanguard ETF (like VOO) v the equivalent Mutual Fund (like VFIAX). Generally speaking ETFs are better than Mutual Funds. They are more convenient (trade like a stock easily transferred between brokerages etc) typically have lower expenses (not always) dont have minimums and are often a little better for taxes (though not much nowadays). However if you can afford the Vanguard mutual fund the benefit is that you can set up automatic investments Vanguard ETF (like VOO) v the equivalent Mutual Fund (like VFIAX). Generally"
TikTok Link 2023-01-20T20:21Z 37.9K followers, [----] engagements
"Replying to @sosaditslovelyx you can buy any funds you want but its probably easiest to just stick with Fidelity funds because they have a lot of great funds If you use Fidelity you can buy pretty much any fund you want (it doesnt have to be Fidelity). However Fidelity has enough really good funds (and even some zero fee funds) that you probably wont need to buy any non-Fidelity funds If you use Fidelity you can buy pretty much any fund you want (it doesnt have to be Fidelity). However Fidelity has enough really good funds (and even some zero fee funds) that you probably wont need to buy any"
TikTok Link 2023-01-23T18:03Z 38K followers, 10.2K engagements
"Replying to @smdumf_ A high yield savings account is just a normal savings account but better A High Yield Savings account is just a normal savings account that pays a way higher interest rate than the one you currently have with your bank does. They can do this because they often are online only so they dont have to pay for physical bank branches and whatnot. The best HYSA are Ally SoFi Citi Marcus Amex and Discover (I personally like Ally) A High Yield Savings account is just a normal savings account that pays a way higher interest rate than the one you currently have with your bank does."
TikTok Link 2023-01-26T17:14Z 38.1K followers, 19.3K engagements
"Why tax returns are not a good thing #taxtips #taxreturn Tax tip: getting a tax-return is typically not a flex. It means you paid too much money to the government and they are now just giving you your money back. You literally gave the government an interest-free loan with money you couldve invested or spent on things you need. Its often worth trying to adjust your tax withholdings to get as close to a $0 refund as possible Tax tip: getting a tax-return is typically not a flex. It means you paid too much money to the government and they are now just giving you your money back. You literally"
TikTok Link 2023-01-27T21:24Z 38.4K followers, 922.3K engagements
"Just changing the rules on us now. below)What is a Recession- Typically defined by two periods of negative GDP growth- It means the US economy is shrinking which is generally bad for citizens because more of us lose our jobs and see our income decrease. This leads to a spiral where we have less money to spend at businesses so businesses have to shut down or cut costs by firing employees but now people dont have jobs so they have even less to spend and it spirals negatively out of control. #recession When GDP growth is negative for [--] quarters in a row but the White House randomly decides that"
TikTok Link 2022-07-28T19:57Z 37.8K followers, [----] engagements
"What is an index fund An index fund lets you own a small piece of all the companies in a certain index #whatisanindexfund #indexfund #howindexfundworks #investing #stocks Follow What is an index fund An index fund lets you own a piece of ALL of the companies in an index VOO is an S&P [---] index fund. Buying [--] share of VOO gets you a small piece of all [---] companies in the S&P [---] Follow What is an index fund An index fund lets you own a piece of ALL of the companies in an index VOO is an S&P [---] index fund. Buying [--] share of VOO gets you a small piece of all [---] companies in the S&P 500"
TikTok Link 2022-08-25T23:40Z 37.8K followers, [---] engagements
"Replying to @Josh Index fund [---] Index Fund [---] Index Fund 101"
TikTok Link 2022-08-29T22:28Z 37.8K followers, 11.3K engagements
"Replying to @user5764062575083 Most financial advisors just put your money into index funds anyway Do you need a financial advisor Well it depends Do you need a financial advisor Well it depends"
TikTok Link 2022-08-29T22:39Z 37.8K followers, [----] engagements
"Replying to @honestjohn3 When inflation is high you definitely dont want to be holding cash. Since the market is bad I Bonds or at least a High Yield Savings account are better bets #inflation #investing #ibonds #financialfreedom #passiveincome With the stock market down 20% it may seem like just having cash in your bank account is the best move but it is still losing 8.5% of value due to inflation right now. Putting that money in I Bonds would get you 9.62% interest right now (for the next [--] months) or putting in a high yield savings would at least get you 2%+ With the stock market down 20%"
TikTok Link 2022-09-07T23:29Z 37.8K followers, 20K engagements
"Replying to @stephsklanks In theory I think robo-advisors could be cool but in practice Im not typically a big fan and think you would be better off investing yourself into an index fund like VTI. But if you really like the ease of using it thats totally fine. Are robo-advisors worth it Are robo-advisors worth it"
TikTok Link 2022-09-13T15:18Z 37.8K followers, [----] engagements
"Long term capital gains tax rate is 0% if you are married and jointly make under $83350 Did you know that if you are married and you make under $83350 then your long term capital gains tax rate is 0% So if you invested in stocks more than a year ago you can sell them and not pay a single penny* in taxes on the profits as long as the profits still keep your total income under $83350 Did you know that if you are married and you make under $83350 then your long term capital gains tax rate is 0% So if you invested in stocks more than a year ago you can sell them and not pay a single penny in"
TikTok Link 2022-12-19T20:08Z 37.8K followers, 25.3K engagements
"Do you agree that this is the best way to invest your Roth IRA (more info below)How a Roth IRA works:- You can put up to $6k per year into your Roth IRA- You must be working to invest your income into your Roth IRA- You can withdraw your contributions at any time- You must invest the money into the stock market (like index funds) after putting it in your Roth IRA- All the gains you make from the stock market in your Roth IRA are tax freeHow to setup a Roth IRA (open a Roth IRA):- Go to Vanguard or Fidelity and choose to create a Roth IRA account (its free)- Put in the basic info (will only"
TikTok Link 2022-07-29T02:11Z 38.9K followers, 46.3K engagements
"A new job (full-time) comes with all kinds of fun investmemts you can take advantage of to make more money. (more info below)How a Roth IRA works:- You can put up to $6k per year into your Roth IRA- You must be working to invest your income into your Roth IRA- You can withdraw your contributions at any time- You must invest the money into the stock market (like index funds) after putting it in your Roth IRA- All the gains you make from the stock market in your Roth IRA are tax freeHow to setup a Roth IRA (open a Roth IRA):- Go to Vanguard or Fidelity and choose to create a Roth IRA account"
TikTok Link 2022-08-02T22:46Z 38.9K followers, [----] engagements
"Replying to @Michael Tortorella Yep Fidelity Vanguard and Schwab are the best brokerages to open a roth ira #rothira #PersonalFinance They are the [--] musketeers of brokerages Vanguard Schwab Fidelity They are the [--] musketeers of brokerages Vanguard Schwab Fidelity"
TikTok Link 2022-08-24T20:53Z 38.4K followers, 27K engagements
"The skills/habits you developed translate perfectly to investing to build long term wealth. The best option is to start investing into index funds in your Roth IRA #ira #studentdebt #studentloans #rothira #investing Follow me to retire a millionaire :) Shoutout to the college grads that diligently worked and paid off their student debts while everyone else is getting theirs paid by the government. You clearly have the diligence and money management skills required to build wealth because all you need to do is start investing your money monthly instead of paying down loans Follow me to retire"
TikTok Link 2022-08-25T00:25Z 38.1K followers, [----] engagements
"Replying to @pj151592 $40k is way above the poverty line and youd have other income/investments The average 60yr old has $170k saved for retirement. $1M is way ahead of the game The average 60yr old has $170k saved for retirement. $1M is way ahead of the game"
TikTok Link 2022-08-29T12:24Z 38.9K followers, [----] engagements
"Replying to @L This is an awesome amount. Probably not quite enough to retire at [--] (unless you wanted to live Uber cheap) If this is true If this is true"
TikTok Link 2022-08-29T13:57Z 38.1K followers, 13.7K engagements
"Replying to @:) How to start investing if you are a teacher Are you a teacher that wants to start investing 1) Get the match from your 403b plan 2) Start investing into index funds inside your Roth IRA Are you a teacher that wants to start investing 1) Get the match from your 403b plan 2) Start investing into index funds inside your Roth IRA"
TikTok Link 2022-08-29T22:20Z 38.7K followers, [----] engagements
"Replying to @dyl_pick1 The differences between a Roth IRA and a 401k Everything you need to know about a Roth IRA and 401k #rothira #401k #personalfinance #financialfreedom"
TikTok Link 2022-08-30T19:44Z 38.6K followers, 102.8K engagements
"Replying to @justsuzq My stock market investing returns in my Roth IRA with this allocation What are my Roth IRA returns VOO - 80% VXUS - 10% VNQ - 10% (this is a little lower than what it would be if I only bought VOO but this makes me a little more diversified and may perform better in the future. I also have other stock accounts where I invest in individual stocks) 11.7% (per year) What are my Roth IRA returns VOO - 80% VXUS - 10% VNQ - 10% (this is a little lower than what it would be if I only bought VOO but this makes me a little more diversified and may perform better in the future. I"
TikTok Link 2022-09-01T13:14Z 38.9K followers, [----] engagements
"Replying to @artvandelay321 #greenscreen Negative. You can buy VTI on any brokerage #financialfreedom #passiveincome"
TikTok Link 2022-09-01T14:49Z 38.2K followers, [----] engagements
"Replying to @liveitup831_ How to invest money for a grandchild (529 plan or UTMA account) #personalfinance #financialfreedom #passiveincome If you want to invest some money for your grandchildren that they can have when they become an adult you have a few options. 1) A [---] college savings plan (the money must be used for education). Many states will also give you a tax benefit if you do this 2) UTMA account (invest that money in VOO). This is basically an investment account that will transfer to the grandchild when they are old enough If you want to invest some money for your grandchildren"
TikTok Link 2022-09-02T11:44Z 38.9K followers, [----] engagements
"Replying to @rvm3400 here are some of my favorite places to buy index funds #indexfunds #investingforbeginners #financialfreedom #passiveincome #personalfinance You can buy index funds at basically any brokerage. My favorite index fund is VOO (S&P [---] index fund) and some of my favorite brokerages are Fidelity Vanguard and Robinhood (they dont have Roth IRAs though) (but you can use whichever brokerage you want) You can buy index funds at basically any brokerage. My favorite index fund is VOO (S&P [---] index fund) and some of my favorite brokerages are Fidelity Vanguard and Robinhood (they"
TikTok Link 2022-09-03T20:57Z 38.7K followers, [----] engagements
"Replying to @tiffanylynneh [--] is still super young and definitely not too late to start investing #investing #financialfreedom #passiveincome #personalfinance When you realize that [--] years old is still super young and definitely not too late to start investing Assuming you arent planning on retiring soon (like the next ten years) and dont have any unusual financial situations I would just invest in index funds like VOO and then start looking for a financial advisor over the next few years that can help you get ready for retirement (historically the stock market has done very well on any 20"
TikTok Link 2022-09-06T23:05Z 38.9K followers, [----] engagements
"Replying to @khadejia19 What you should invest in #financialfreedom #investingforbeginners #PersonalFinance #passiveincome When you realize that you can invest in the [---] biggest stocks in the US at one time by just buying an S&P [---] index fund and this way you dont have to try to pick stocks. My favorite is VOO (you dont even have to invest in anything else if you dont want) When you realize that you can invest in the [---] biggest stocks in the US at one time by just buying an S&P [---] index fund and this way you dont have to try to pick stocks. My favorite is VOO (you dont even have to invest"
TikTok Link 2022-09-07T10:26Z 38.5K followers, [----] engagements
"Replying to @avuong31 Great choice You can even set up automatic investments into it #personalfinance #financialfreedom #passiveincome When you realize you can buy over [----] US stocks at one time so you can have a diverse portfolio without doing any work. By buying the VTSAX from Vanguard it automatically invests your money in over [----] US stocks but you only have to buy VTSAX. And since its a mutual fund you can set it up to automatically buy a little bit more for you every month - great choice (it does have a $3000 minimum since its a mutual fund. If you dont have $3000 you can always buy"
TikTok Link 2022-09-07T16:13Z 38.7K followers, [----] engagements
"Replying to @tyler.rieland I am pretty indifferent between VOO and VTI. Either is great VOO v VTI - S&P [---] Index Fund - Get a piece of the [---] largest US stocks - Been around [--] years - 13.04% annual returns over the last decade - 0.03% expense ratio - Total Market Index Fund - Get a piece of every company in the US - Been around [--] years - 12.71% returns over the last decade - 0.03% expense ratio VTI VOO VOO has performed a tiny bit better but either one is perfectly fine and they have very similar performances VOO v VTI - S&P [---] Index Fund - Get a piece of the [---] largest US stocks - Been"
TikTok Link 2022-09-08T22:17Z 38.6K followers, [----] engagements
"Replying to @thislifeilead1996 Where is the best place to buy index funds The [--] best brokerages to buy index funds #financialfreedom #indexfunds #investing #passiveincome Where can you buy index funds like VOO Vanguards index fund ETFs like VOO can be bought on any investing platform. Some of the most popular are 1) Fidelity 2) Vanguard 3) Robinhood Robinhood doesnt have a Roth IRA account but if you are just buying it in a normal investing account its really easy to use Where can you buy index funds like VOO Vanguards index fund ETFs like VOO can be bought on any investing platform. Some of"
TikTok Link 2022-09-08T23:03Z 38.3K followers, [----] engagements
"HSA accounts are one of the best investing accounts (especially for women) because you get a ton of tax advantages and can spend the money on stuff you are already buying regularly #hsa #personalfinance #financialfreedom #passiveincome If you are a woman you can buy all the things you already spend money on (feminine products birth control certain lotions medication pregnancy tests etc) using tax-free money You just need an HSA which you can get through your health insurance (if you qualify) and start investing that money and getting triple tax advantages (no taxes on contributions investment"
TikTok Link 2022-09-09T19:45Z 38.7K followers, 201.2K engagements
"Replying to @anywhichbutlose There are a whole lot of things you can buy with money from your HSA #hsa Common items you can buy with an HSA Other things you can buy: first aid stuff bandages athletic wrap sunscreen certain lotions Common items you can buy with an HSA Other things you can buy: first aid stuff bandages athletic wrap sunscreen certain lotions"
TikTok Link 2022-09-13T20:46Z 38.6K followers, [----] engagements
"Replying to @theloniusbunk The base case for the US economy is that it will continue to grow as it did in the past and we should invest using that base case. There is a chance it may not but that is much less probable #investing #economy The incorrect base case for the US economy Make sure to follow :) drop a follow :) The incorrect base case for the US economy Make sure to follow :) drop a follow :)"
TikTok Link 2022-09-14T14:40Z 38.3K followers, [----] engagements
"Replying to @emilyblackstone17 Here is what Id do with money in my savings and investing account #financialfreedom #passiveincome #investing What I would do if I had $10k in my investing account and $9k in savings 1) $9k in savings - high yield savings account for an emergency fund 2) $10k in Fidelity - dollar cost average into $FXAIX (make sure you are willing to hold the stock in Fidelity for a long time) What I would do if I had $10k in my investing account and $9k in savings 1) $9k in savings - high yield savings account for an emergency fund 2) $10k in Fidelity - dollar cost average into"
TikTok Link 2022-09-14T18:26Z 38.9K followers, 26.6K engagements
"Replying to @friv1021 Safe harbor in the 401k means you get that match immediately with no vesting. [--] year vest is the max they can do. Example in the video #401k #safeharbor Example 6% match with 4% safe harbor and 6yr vest for the last 2% - If you put 6% of your paycheck into 401k your employer will immediately match 4% - The last 2% will vest over [--] years. They will take away up to 2% of their match if you leave before [--] years Safe Harbor - no vesting. You get it immediately [--] year vest is the max the company is allowed to do (its normal) Example 6% match with 4% safe harbor and 6yr vest"
TikTok Link 2022-09-15T18:17Z 38.6K followers, [----] engagements
"Investing terms in plain English Learn some of the most common investing terms and what they mean #investing #retireamillionaire #PersonalFinance"
TikTok Link 2022-09-16T14:51Z 38.4K followers, 37.7K engagements
"Dont worry about the stock price of a company. The share price is not how valuable a company is and most platforms let you buy fractional shares now. #investingforbeginners Stock Price v Market Cap (value of the company) Stock Price v Market Cap (value of the company)"
TikTok Link 2022-09-17T02:42Z 38.8K followers, [----] engagements
"Replying to @snypretz3 The best mutual funds / ETFs / index funds to buy on fidelity If you use Fidelity for investing and want to buy some good index funds then here are there best ones: FSKAX (total market) FXAIX (S&P 500) FTIHX (international). You dont need both FXAIX and FSKAX because they own a lot of the same stocks so just pick one and make that your main holding (I like FSKAX). Then you can put like 15% of your money in FTIHX If you use Fidelity for investing and want to buy some good index funds then here are there best ones: FSKAX (total market) FXAIX (S&P 500) FTIHX"
TikTok Link 2022-09-20T18:59Z 38.9K followers, 11.9K engagements
"Replying to @starah2345 The best index funds for every brokerage (Vanguard Fidelity Schwab)"
TikTok Link 2022-09-24T01:09Z 38.9K followers, 113.7K engagements
"Replying to @bw_davis Is VTSAX or VTI better If you can afford the $3000 minimum then VTSAX is probably better because you dont need to buy an entire share (you could just buy $5 at a time after you have put in the minimum). If you cant afford that then VTI is great until you can Is VTSAX (a total market mutual fund) better than VTI (a total market ETF). These are both Vanguard total market funds but there is [--] advantage and [--] disadvantage to VTSAX. The advantage is that mutual funds dont require you to buy a whole share (you could just buy $5 worth if you wanted) whereas VTI requires you to"
TikTok Link 2022-09-28T20:04Z 38.9K followers, [----] engagements
"Replying to @lazyadulting The differences between VOO and FXAIX. The main difference is that FXAIX is a mutual fund whereas VOO is an ETF. Mutual Funds are typically worse for taxes but allow you make automatic investments and you dont have to buy a full share (you could only buy $5 at a time if you wanted) The differences between VOO and FXAIX: VOO FXAIX Mutual Fund Managed by Fidelity 0.01% expense ratio ETF 0.03% expense ratio Managed by Vanguard If you are in a tax-advantaged account (like a Roth IRA) FXAIX is most likely the better choice. If in a normal brokerage account then VOO is"
TikTok Link 2022-09-29T00:14Z 38.9K followers, 19.8K engagements
"Replying to @martha_kane The best stock to buy (in my opinion) is an index fund that tracks all the stocks in the stock market instead of trying to pick individual stocks. An example is VTI which is a total market index fund The best stock to buy* is a Total Market Index Fund (like $VTI) so that you can get a small piece of [----] different companies instead of trying to just pick [--]. The stock market has returned 10% per year historically so buying a Total Market Index Fund also returns 10% and you only have to buy one thing *just my opinion not financial advice Best stock to buy What stock"
TikTok Link 2022-10-02T22:36Z 38.1K followers, [----] engagements
"Replying to @lisak065 The main benefits of an ETF over a mutual fund is that your tax burden is typically lower and they trade more similarly to stocks. The benefits of a mutual fund like VTSAX is that you dont have to buy whole shares and you can set up automatic investments into them. If you are investing in a tax-advantages account (like an IRA) then mutual funds are perfectly fine. If not an ETF is typically preferred. Is VTI (Vanguards Total Market ETF) better than VTSAX (Vanguards Total Market Index Fund) ETFs are a newer type of investment fund that are typically preferred to Mutual"
TikTok Link 2022-10-04T15:48Z 38.1K followers, [----] engagements
"Replying to @danielle_rom FZROX v FSKAX. FZROX is a great choice. The only thing to watch out for is that you cant transfer it to a different brokerage Which is better: FZROX or FSKAX FZROX is Fidelitys Zero Fee Total Market Index Fund and FSKAX is their Total Market Index Fund. While FZROX does have lower fees (free v 0.03%) Fidelity doesnt let you transfer it if you switch to a different brokerage (which means you will have to sell it and pay taxes if not in a tax-advantaged account). But its a great fund if you will be with Fidelity long-term Is FZROX a good index fund FZROX v FSKAX Which"
TikTok Link 2022-10-12T21:07Z 38.9K followers, [----] engagements
"Replying to @ek22220 Selling your company stock immediately when it vests is smart so that all of your net worth isnt in just one company. You can diversify so if your company does poorly you arent as affected If you work at a tech company that pays you a lot in stock then a large amount of your net worth is tied up in that one company. If things go bad (like this year) you can lose a TON of money. It can be smart to immediately sell stock when it vests (yes you pay higher taxes) so you can invest that money somewhere else so all of your money isnt in [--] company If you work at a tech company"
TikTok Link 2022-11-03T19:50Z 38.1K followers, 23.8K engagements
"Never pay a commission for financial products because then some of your money is used to pay this persons commission. If you have a financial advisor they should be fee-based Quick tip: if the person giving you financial advice makes a commission from whatever they are trying to get you to invest in its probably not a good investment (whole life insurance some financial advisors etc). If they make a commission that means part of your money literally has to pay that persons commission instead of being used for investments. Quick tip: if the person giving you financial advice makes a commission"
TikTok Link 2022-11-17T00:16Z 38.8K followers, [----] engagements
"Replying to @tiktokdcmeam My thoughts on Robinhood Investing Robinhood App Review This may surprise some people but I actually dont hate RH They are free and easy to use. They also just added IRAs. They do make it really easy to invest in risky things like options so you need to control the temptations but I have no issue with them (and even use them for my fun trading account) Robinhood App Review This may surprise some people but I actually dont hate RH They are free and easy to use. They also just added IRAs. They do make it really easy to invest in risky things like options so you need to"
TikTok Link 2022-12-07T20:48Z 38.7K followers, [----] engagements
"Make sure to use your FSA money before the year ends Almost half of all people with FSA accounts lose money Did you know that almost half of all people that fund an FSA end up losing money because they dont spend the money in the FSA before the end of the year If you fund an FSA make sure you are submitting claims and actually using that money. If you dont use it you may want to lower how much you put in Did you know that almost half of all people that fund an FSA end up losing money because they dont spend the money in the FSA before the end of the year If you fund an FSA make sure you are"
TikTok Link 2022-12-21T19:15Z 38.9K followers, 19.1K engagements
"Replying to @jammanthaaa Here are the three best companies to open a Roth IRA with The best companies to open a Roth IRA with. They are all super trustworthy have good index funds and are free: 1) Fidelity 2) Vanguard 3) Charles Schwab *you can also still put money in your Roth IRA for [----] The best companies to open a Roth IRA with. They are all super trustworthy have good index funds and are free: 1) Fidelity 2) Vanguard 3) Charles Schwab *you can also still put money in your Roth IRA for 2022"
TikTok Link 2023-01-03T22:07Z 38.8K followers, 44.5K engagements
"Replying to @xxlucerox Market v limit orders. Market orders are typically fine When buying stocks should you do market or limit orders You will hear old sophisticated investors tell you to never use market orders because you might get a worse price but if you are buying big index funds or popular stocks the bid/ask spread will be close enough that market orders are totally fine. The only thing you may want to watch out for is if you are placing the order when the market isnt open. When buying stocks should you do market or limit orders You will hear old sophisticated investors tell you to"
TikTok Link 2023-01-15T14:13Z 38.9K followers, [----] engagements
"Replying to @cheska__kian You can pick your own funds in your 401k Typically if you dont pick your own funds your 401k automatically will put you in a target date retirement fund (basically a mix of bonds and index funds) which is a decent option. Or you can pick your own funds from the available options. So you dont have to worry about your company investing your money poorly in your 401k Typically if you dont pick your own funds your 401k automatically will put you in a target date retirement fund (basically a mix of bonds and index funds) which is a decent option. Or you can pick your own"
TikTok Link 2023-01-17T13:33Z 38.9K followers, 14.8K engagements
"Apply the 80/20 rule to your finances How to stay poor AND miserable Trying to save money by cutting out your small enjoyable expenses like: - Coffee ($3/day) - Netflix ($15/month) - Saturday morning bagels ($10/week) How to be richer and happier Focus on cutting your big expenses or making more money: - Negotiate your salary ($1000s/$10000s per year) - Negotiate a raise ($1000s/$10000s per year) - Improve your car payments or buy a cheaper car ($100s per month) - Improve your rent ($100s/month) How to stay poor AND miserable Trying to save money by cutting out your small enjoyable expenses"
TikTok Link 2023-01-20T20:30Z 38.6K followers, [----] engagements
"Replying to @sosaditslovelyx No catch really Fidelity offers zero fee funds as a loss leader Fidelity offers zero-fee index funds for two reasons: 1) As a loss leader to get more people to use Fidelity (like how Costco sells their Hot Dog Meal for $1.50 or Rotisserie Chicken for $5 to get you in the store) 2) So that you dont leave Fidelity. You cant transfer those funds to a different brokerage Fidelity offers zero-fee index funds for two reasons: 1) As a loss leader to get more people to use Fidelity (like how Costco sells their Hot Dog Meal for $1.50 or Rotisserie Chicken for $5 to get you"
TikTok Link 2023-01-23T19:29Z 38.4K followers, [----] engagements
"Stop saving money in your bank Save it in a high yield savings account instead When you finally open a High Yield Savings Account When you finally open a High Yield Savings Account"
TikTok Link 2023-01-25T11:58Z 38.9K followers, 341.3K engagements
"How to get free/cheap tampons (and other healthcare products) using an HSA: 1) Open an HSA (if you are eligible 2) Invest that money into index funds 3) Use the investment gains (tax free) to buy tampons (or other eligible products) #freetampons #womeninfinance #financialfreedom #personalfinance #financialliteracy #finance101 #beginnerfinance #financetips Free tampon hack Free tampon hack"
TikTok Link 2023-01-27T04:12Z 38.9K followers, [----] engagements
"Replying to @ch.eyenee Owing taxes is better than getting a tax refund. Why tax refunds are bad #taxes #taxrefund #taxreturn #taxtips financially speaking and if you know what you are doing Owing taxes is better than getting a tax return If you owed $10000 in taxes at the end of the year but put that money in a High Yield Savings Account throughout the year youd make $150 in interest on it by the time you had to pay taxes. Free money financially speaking and if you know what you are doing Owing taxes is better than getting a tax return If you owed $10000 in taxes at the end of the year"
TikTok Link 2023-01-28T14:23Z 38.9K followers, 326.4K engagements
"What is a Roth IRA Why do you need one How does it work - Its a tax-advantaged retirement account that you buy stocks/index funds inside of (you HAVE TO buy stocks inside of it) - You put in post-tax money but all your investment gains are totally tax free (thats huge) - You can put in up to $6500 per year. If you do that for [--] years youll have $1.75M AND you dont have to pay taxes on it - A Roth IRA is different than a 401k. You open a Roth IRA on your own whereas a 401k is through your employer. You can (and should) have both - You MUST invest the money inside of your Roth IRA into"
TikTok Link 2023-02-02T21:56Z 38.3K followers, [----] engagements
"What is a Roth IRA Why do you need one How does it work (part 4) - Its a tax-advantaged retirement account that you buy stocks/index funds inside of (you HAVE TO buy stocks inside of it) - You put in post-tax money but all your investment gains are totally tax free (thats huge) - You can put in up to $6500 per year. If you do that for [--] years youll have $1.75M AND you dont have to pay taxes on it - A Roth IRA is different than a 401k. You open a Roth IRA on your own whereas a 401k is through your employer. You can (and should) have both - You MUST invest the money inside of your Roth IRA"
TikTok Link 2023-02-03T12:09Z 38.3K followers, [----] engagements
"Stop using your banks savings account You should be saving in a High Yield Savings Account #hysa #highyieldsavings #highyieldsavingsaccount #savingmoney #bankaccount #PersonalFinance #finance101 #beginnerfinance #financialfreedom #financialliteracy When you move your savings account to a High Yield Savings Account so you get more than $0.02 in interest Follow for $$ tips When you move your savings account to a High Yield Savings Account so you get more than $0.02 in interest Follow for $$ tips"
TikTok Link 2023-02-03T17:24Z 38.3K followers, [----] engagements
"This is over 5x what the average 60yr old has saved and it takes 30-seconds each paycheck. Start investing to set yourself free financially. #financialfreedom #passiveincome When your whole friend group has been putting $250 from each paycheck into index funds in your Roth IRA which means you will all retire with over $1M (and over $800k in profits totally tax free) Make investing a habit and become financially free :) When your whole friend group has been putting $250 from each paycheck into index funds in your Roth IRA which means you will all retire with over $1M (and over $800k in profits"
TikTok Link 2022-08-28T15:30Z 37.8K followers, 4.8M engagements
"Replying to @user6610762030552 The best index funds to start investing into Want to start investing but dont know where to start Vanguard has some great index funds that can give you a diversified holding. You could do something like: 80% of your money into VOO (S&P [---] index fund) 10% into VXUS (International index fund) and 10% into VNQ (Real Estate index fund) Want to start investing but dont know where to start Vanguard has some great index funds that can give you a diversified holding. You could do something like: 80% of your money into VOO (S&P [---] index fund) 10% into VXUS"
TikTok Link 2022-08-31T01:09Z 37.8K followers, [----] engagements
"Replying to @sar_sarah_k You can still buy VOO You can buy Vanguard funds even if you dont have a Vanguard account and vanguard funds are normally better You can buy Vanguard funds even if you dont have a Vanguard account and vanguard funds are normally better"
TikTok Link 2022-08-31T22:16Z 37.8K followers, [----] engagements
"Replying to @rayb1988 Here is my preference for investing in VTI and VXUS instead of VT"
TikTok Link 2022-08-31T22:27Z 37.8K followers, 10.1K engagements
"Replying to @l_gaitan.tx Yep You can just keep buying more of the same funds Index funds are already diversified so you can just keep buying more of the same index funds every time you invest. Makes it easy Index funds are already diversified so you can just keep buying more of the same index funds every time you invest. Makes it easy"
TikTok Link 2022-09-01T20:20Z 37.8K followers, [----] engagements
"ALWAYS get your free money from your 401k Its the best kind of passive income because its free money and it compounds by being invested in the stock market. #401k #passiveincome #financialfreedom #personalfinance When youve been maxing your companys 6% match in your 401k which means you are getting $4500 in free money every year invested into the stock market which will grow to over $850000 total in free money throughout your working career (now this is the best kind of passive income AND the easiest way to invest) When youve been maxing your companys 6% match in your 401k which means you are"
TikTok Link 2022-09-02T00:32Z 37.8K followers, 144.9K engagements
"Replying to @tickertinker I think VOO is the best index fund #indexfund #passiveincome #financialfreedom Should you invest in $VOO or $VTI - S&P [---] Index Fund - 12.92% annual returns over the last [--] years VOO VTI - Total Market Index Fund - 12.52% annual returns over the last [--] years Both of them are great but I prefer VOO because it only has the [---] largest US companies which tend to be higher quality than some of the smaller US companies VTI has Should you invest in $VOO or $VTI - S&P [---] Index Fund - 12.92% annual returns over the last [--] years VOO VTI - Total Market Index Fund - 12.52%"
TikTok Link 2022-09-02T19:47Z 37.8K followers, 33.3K engagements
"Replying to @aregee408 I choose VOO for a few reasons shown here #indexfunds #vanguard #etf #mutualfund #financialfreedom #passiveincome VOO v VTSAX mostly comes down to personal preference and how much money you have. VOO tracks the S&P [---] while VTSAX tracks the total stock market. VOO is an ETF so its a little easier to trade and its free to trade on basically all platforms. VTSAX only trades [--] time per day and you may have to pay a fee if you dont use Vanguard VTSAX has a $3000 minimum but VOO doesnt VTSAX you can set up automatic investments if you use Vanguard. VOO you cant VOO v VTSAX"
TikTok Link 2022-09-03T19:54Z 37.8K followers, [----] engagements
"Been a pretty good decade for investing in index funds. Lets hope the next decade is as good #indexfunds #investing When you started investing $500/month into VOO [--] years ago When you started investing $500/month into VOO [--] years ago"
TikTok Link 2022-09-14T00:04Z 37.8K followers, 52.1K engagements
"Start working on your credit score ASAP If you dont have a credit card get one opened and start paying it off. Itll help you out a ton when you take out loans #creditscore #creditcard #credit #PersonalFinance #retireamillionaire Your credit score after you open a credit card pay it off each month and dont exceed 30% utilization Your credit score after you open a credit card pay it off each month and dont exceed 30% utilization"
TikTok Link 2022-09-14T22:50Z 37.8K followers, 28.2K engagements
"Replying to @princesstna The best stock and index funds to buy if you invest at Merrill Edge If you have an investing account at Merrill Edge you can buy Vanguards low fee index fund ETFs. My personal favorite is VTI which is Vanguards Total Market Index Fund which gives you a small piece of over [----] stocks. Its a great way to essentially buy the entire stock market by just buying one stock Best stocks at Merrill Edge What to buy at Merrill Edge If you have an investing account at Merrill Edge you can buy Vanguards low fee index fund ETFs. My personal favorite is VTI which is Vanguards Total"
TikTok Link 2022-10-03T00:53Z 37.8K followers, 27.7K engagements
"Replying to @troll_puppet FZROX v VTI. Which one is better and which should you buy FZROX v VTI If you invest using Fidelity and plan to stay at Fidelity forever (or are investing in tax-advantages accounts) then FZROX is a perfect Total Market Index Fund. The only real downside is that you cant transfer it to other brokerages so youd have to sell it which could cause you to pay taxes. Is FZROX or VTI better FZROX v VTI Should I buy FZROX or VTI FZROX v VTI If you invest using Fidelity and plan to stay at Fidelity forever (or are investing in tax-advantages accounts) then FZROX is a perfect"
TikTok Link 2022-10-03T01:01Z 37.8K followers, [----] engagements
"How Venture Capital works. A venture capital firm is a company whose job is to go raise money from rich people and organizations and invest that money into startups This is how venture capital works: One year ago you had an idea for Twitter but for stocks where you can see what other stocks people are trading. Its been a year and you are growing fast and need money to hire more engineers. So you go pitch your startup to Venture Capitalists who are a group of investors that work together and raised money from rich people and organizations (like colleges) and they invest that money into"
TikTok Link 2022-11-02T02:00Z 37.8K followers, [----] engagements
"Some of the best investing options are limited by the government. Roth IRA 401k HSA I Bonds etc Quick tip: if the government limits the amount of money you are allowed to invest into something its often a good way to invest. - Roth IRA ($6k limit per year) - 401k ($20500 limit) - HSA ($3650 limit) - I Bond ($10k limit) Quick tip: if the government limits the amount of money you are allowed to invest into something its often a good way to invest. - Roth IRA ($6k limit per year) - 401k ($20500 limit) - HSA ($3650 limit) - I Bond ($10k limit)"
TikTok Link 2022-11-08T00:35Z 37.8K followers, 1.5M engagements
"What is a Roth IRA Why do you need one How does it work - Its a tax-advantaged retirement account that you buy stocks/index funds inside of (you HAVE TO buy stocks inside of it) - You put in post-tax money but all your investment gains are totally tax free (thats huge) - You can put in up to $6500 per year. If you do that for [--] years youll have $1.75M AND you dont have to pay taxes on it - A Roth IRA is different than a 401k. You open a Roth IRA on your own whereas a 401k is through your employer. You can (and should) have both - You MUST invest the money inside of your Roth IRA into"
TikTok Link 2023-02-02T12:38Z 37.8K followers, 854.2K engagements
"What is a Roth IRA Why do you need one How does it work - Its a tax-advantaged retirement account that you buy stocks/index funds inside of (you HAVE TO buy stocks inside of it) - You put in post-tax money but all your investment gains are totally tax free (thats huge) - You can put in up to $6500 per year. If you do that for [--] years youll have $1.75M AND you dont have to pay taxes on it - A Roth IRA is different than a 401k. You open a Roth IRA on your own whereas a 401k is through your employer. You can (and should) have both - You MUST invest the money inside of your Roth IRA into"
TikTok Link 2023-02-04T13:34Z 37.8K followers, [----] engagements
"What is a Roth IRA Why do you need one How does it work (Roth IRA megavid) - Its a tax-advantaged retirement account that you buy stocks/index funds inside of (you HAVE TO buy stocks inside of it) - You put in post-tax money but all your investment gains are totally tax free (thats huge) - You can put in up to $6500 per year. If you do that for [--] years youll have $1.75M AND you dont have to pay taxes on it - A Roth IRA is different than a 401k. You open a Roth IRA on your own whereas a 401k is through your employer. You can (and should) have both - You MUST invest the money inside of your"
TikTok Link 2023-02-05T13:18Z 37.8K followers, [----] engagements
"Here are some better places to save/invest your money instead of in a banks savings account #finance101 #beginnerfinance #financialfreedom #financialliteracy #beginnerinvesting #savemoney Financially stable adults dont gatekeep financial tips The bank is stealing your money Financially stable adults dont gatekeep financial tips The bank is stealing your money"
TikTok Link 2023-02-06T13:05Z 37.8K followers, 18.9K engagements
"Do not come to me and ever suggest selling off investments to pay off manageable loans instead (this only makes sense if your interest rates arent super high) #studentloans #payingoffdebt #payingoffstudentloans #investing #studentdebt #finance101 #PersonalFinance #beginnerfinance #financialfreedom #financialliteracy Listening to my wife tell me her plan to pay off our student loans faster (shes a Doctor of Physical Therapy so the loans be large) that involves selling some of our long-term stock investments Listening to my wife tell me her plan to pay off our student loans faster (shes a"
TikTok Link 2023-02-06T22:38Z 37.8K followers, [----] engagements
"The three best ways to set your kids up financially #financialfreedom #finance101 #PersonalFinance #beginnerfinance #beginnerinvesting #financialliteracy Financially stable adults dont gatekeep finance tips Make your kids rich Financially stable adults dont gatekeep finance tips Make your kids rich"
TikTok Link 2023-02-07T13:31Z 37.8K followers, [----] engagements
"Replying to @noprobllama.24 [--] best ways to set up your children financially for the future #financialfreedom #finance101 #PersonalFinance #beginnerfinance #beginnerinvesting Make your kid a millionaire The [--] best ways to help your kids grow up to be financially stable: 1) [---] plan. Only for education for right now but they are probably loosening those restrictions 2) UTMA account 3) Teach them about investing/saving/budgeting when they are young Make your kid a millionaire The [--] best ways to help your kids grow up to be financially stable: 1) [---] plan. Only for education for right now but"
TikTok Link 2023-02-09T01:38Z 37.8K followers, [----] engagements
"Top [--] Myths about a Roth IRA #rothiraexplained #rothira #rothiratips #rothiraforbeginners #howtoinvest #financialfreedom #finance101 #PersonalFinance #beginnerfinance #financialliteracy Financially stable adults dont gatekeep financial tips Roth IRA Myths Financially stable adults dont gatekeep financial tips Roth IRA Myths"
TikTok Link 2023-02-10T12:39Z 37.8K followers, [----] engagements
"Long-term investing is the secret to building wealth. You can literally set it and forget it. #howtoinvest #financialfreedom #finance101 #PersonalFinance #beginnerfinance #financialliteracy #beginnerfinance #beginnerinvesting #longterminvesting Did you know that if you invested $10000 in the stock market on the absolute worst day of the last [---] years (during the peak in September [----] before the Great Depression) but waited for [--] years before selling your $10000 STILL turned into $95000. Thats right the absolute WORST case scenario and you still are up 850% Did you know that if you invested"
TikTok Link 2023-02-11T05:01Z 37.8K followers, 335K engagements
"You should be saving your money in a High Yield Savings Account instead of your normal bank account. The interest rates are literally 300x higher or more (currently 3.3%) Follow for more finance tips :) #financialfreedom #financialliteracy #PersonalFinance #finance101 #hysa #earninterest #savemoney #savings Your bank is stealing your money Your bank is stealing your money"
TikTok Link 2023-02-12T14:54Z 37.8K followers, [----] engagements
"Replying to @chunkychicken.nugget What are better investing options than a Roth IRA or 401k If you believe a Roth IRA or 401k isnt a good option what do you think are better risk/return opportunities for most people If you believe a Roth IRA or 401k isnt a good option what do you think are better risk/return opportunities for most people"
TikTok Link 2023-02-14T13:20Z 37.8K followers, [----] engagements
"Replying to @mytiktokadrian If you want to add real estate to your portfolio FSRNX is a good choice If you want to add real estate exposure to your portfolio FSRNX from Fidelity is a great choice. You (typically) cant go wrong with Fidelity or Vanguard funds (or even Schwab). The vast majority of your portfolio should be in a total market fund (like VTI or FSKAX) but real estate can be a great addition (remember that if you own a house that is also real estate exposure) If you want to add real estate exposure to your portfolio FSRNX from Fidelity is a great choice. You (typically) cant go"
TikTok Link 2023-02-16T20:54Z 37.8K followers, [----] engagements
"Replying to @andrianawhite Can you have both a Roth IRA and a 401k #financialfreedom #rothira #401k #passiveincome When you realize that you can invest in both a 401k and a Roth IRA. If your company gives you a match on your 401k thats the best thing to do (its free money) Then you want to invest in your Roth IRA (if you are able to get your 401k match and max out your Roth IRA then you should put more of your paycheck in your 401k) When you realize that you can invest in both a 401k and a Roth IRA. If your company gives you a match on your 401k thats the best thing to do (its free money)"
TikTok Link 2023-02-22T02:20Z 37.8K followers, 13.8K engagements
"Stock market explanations for beginners. What is an index fund What is a brokerage account What are capital gains #financialfreedom #stockmarketforbeginners #investingforbeginners #stockmarketexplained #PersonalFinance #personalfinancetips Financially Stable Adults dont Gatekeep Stock Market Info Stock Market Explanations Financially Stable Adults dont Gatekeep Stock Market Info Stock Market Explanations"
TikTok Link 2023-03-01T13:21Z 37.8K followers, [----] engagements
"Replying to @ashtynpowell My preference for maxing out 401k is to get the employee match then max out Roth IRA then go back to adding more to 401k Why you shouldnt max out your 401kšØ DEFINITELY get the employee match (its free money). But then I like to max out the Roth IRA next because its more flexible (can take out contributions anytime) has more investing options and has lower fees (401ks tend to have fees). Then once the Roth IRA is maxed out I like to go back to investing more in the 401k Why you shouldnt max out your 401kšØ DEFINITELY get the employee match (its free money). But then"
TikTok Link 2023-03-02T13:29Z 37.8K followers, 34.6K engagements
"Replying to @ashtynpowell Married couples can each have their own Roth IRA that they each can put up to $6500/yr into #financialfreedom #investingforbeginners #rothira #PersonalFinance Did you know that if you are married you can put double the amount of money into Roth IRAs Married couples can each have their own Roth IRA that they can put up to $6500 each into. Even if one spouse doesnt work at all you can still each have a Roth IRA account that you each put $6500/yr in Did you know that if you are married you can put double the amount of money into Roth IRAs Married couples can each have"
TikTok Link 2023-03-19T12:58Z 37.8K followers, [----] engagements
"How mich money you would make by saving money in a High Yield Savings Account #financialfreedom #PersonalFinance #personalfinancetips #financialliteracy How much money youd earn each MONTH in a high yield savings account (totally risk free) If you have $1000 saved = $3 If you have $10k saved = $30 If you have $25k saved = $75 If you have $50k saved = $150 If you have $100k saved = $300 How much money youd earn each MONTH in a high yield savings account (totally risk free) If you have $1000 saved = $3 If you have $10k saved = $30 If you have $25k saved = $75 If you have $50k saved = $150 If"
TikTok Link 2023-03-20T22:26Z 37.8K followers, 30.7K engagements
"Replying to @sofybrim Roth IRA withdrawal rules. When can you take money out of your roth IRA Can you take money out of your Roth IRA Yes and no: - Yes you can take your contributions (ie the money you put in) out any time with no taxes or fees - No* you cannot take your profits out without paying taxes and a fee until you are [----] and the account has been open for [--] years there are a few exceptions Can you take money out of your Roth IRA Yes and no: - Yes you can take your contributions (ie the money you put in) out any time with no taxes or fees - No you cannot take your profits out"
TikTok Link 2023-04-23T13:42Z 37.8K followers, 11.8K engagements
"What is a Roth IRA Why do you need one How does it work - Its a tax-advantaged retirement account that you buy stocks/index funds inside of (you HAVE TO buy stocks inside of it) - You put in post-tax money but all your investment gains are totally tax free (thats huge) - You can put in up to $6500 per year. If you do that for [--] years youll have $1.75M AND you dont have to pay taxes on it - A Roth IRA is different than a 401k. You open a Roth IRA on your own whereas a 401k is through your employer. You can (and should) have both - You MUST invest the money inside of your Roth IRA into"
TikTok Link 2023-02-02T12:38Z 37.8K followers, 854.2K engagements
"Some of the best investing options are limited by the government. Roth IRA 401k HSA I Bonds etc Quick tip: if the government limits the amount of money you are allowed to invest into something its often a good way to invest. - Roth IRA ($6k limit per year) - 401k ($20500 limit) - HSA ($3650 limit) - I Bond ($10k limit) Quick tip: if the government limits the amount of money you are allowed to invest into something its often a good way to invest. - Roth IRA ($6k limit per year) - 401k ($20500 limit) - HSA ($3650 limit) - I Bond ($10k limit)"
TikTok Link 2022-11-08T00:35Z 37.8K followers, 1.5M engagements
"This is over 5x what the average 60yr old has saved and it takes 30-seconds each paycheck. Start investing to set yourself free financially. #financialfreedom #passiveincome When your whole friend group has been putting $250 from each paycheck into index funds in your Roth IRA which means you will all retire with over $1M (and over $800k in profits totally tax free) Make investing a habit and become financially free :) When your whole friend group has been putting $250 from each paycheck into index funds in your Roth IRA which means you will all retire with over $1M (and over $800k in profits"
TikTok Link 2022-08-28T15:30Z 37.8K followers, 4.8M engagements
"Replying to @sofybrim Roth IRA withdrawal rules. When can you take money out of your roth IRA Can you take money out of your Roth IRA Yes and no: - Yes you can take your contributions (ie the money you put in) out any time with no taxes or fees - No* you cannot take your profits out without paying taxes and a fee until you are [----] and the account has been open for [--] years there are a few exceptions Can you take money out of your Roth IRA Yes and no: - Yes you can take your contributions (ie the money you put in) out any time with no taxes or fees - No you cannot take your profits out"
TikTok Link 2023-04-23T13:42Z 37.8K followers, 11.8K engagements
"How mich money you would make by saving money in a High Yield Savings Account #financialfreedom #PersonalFinance #personalfinancetips #financialliteracy How much money youd earn each MONTH in a high yield savings account (totally risk free) If you have $1000 saved = $3 If you have $10k saved = $30 If you have $25k saved = $75 If you have $50k saved = $150 If you have $100k saved = $300 How much money youd earn each MONTH in a high yield savings account (totally risk free) If you have $1000 saved = $3 If you have $10k saved = $30 If you have $25k saved = $75 If you have $50k saved = $150 If"
TikTok Link 2023-03-20T22:26Z 37.8K followers, 30.7K engagements
"Replying to @ashtynpowell Married couples can each have their own Roth IRA that they each can put up to $6500/yr into #financialfreedom #investingforbeginners #rothira #PersonalFinance Did you know that if you are married you can put double the amount of money into Roth IRAs Married couples can each have their own Roth IRA that they can put up to $6500 each into. Even if one spouse doesnt work at all you can still each have a Roth IRA account that you each put $6500/yr in Did you know that if you are married you can put double the amount of money into Roth IRAs Married couples can each have"
TikTok Link 2023-03-19T12:58Z 37.8K followers, [----] engagements
"Replying to @ashtynpowell My preference for maxing out 401k is to get the employee match then max out Roth IRA then go back to adding more to 401k Why you shouldnt max out your 401kšØ DEFINITELY get the employee match (its free money). But then I like to max out the Roth IRA next because its more flexible (can take out contributions anytime) has more investing options and has lower fees (401ks tend to have fees). Then once the Roth IRA is maxed out I like to go back to investing more in the 401k Why you shouldnt max out your 401kšØ DEFINITELY get the employee match (its free money). But then"
TikTok Link 2023-03-02T13:29Z 37.8K followers, 34.6K engagements
"Stock market explanations for beginners. What is an index fund What is a brokerage account What are capital gains #financialfreedom #stockmarketforbeginners #investingforbeginners #stockmarketexplained #PersonalFinance #personalfinancetips Financially Stable Adults dont Gatekeep Stock Market Info Stock Market Explanations Financially Stable Adults dont Gatekeep Stock Market Info Stock Market Explanations"
TikTok Link 2023-03-01T13:21Z 37.8K followers, [----] engagements
"Replying to @andrianawhite Can you have both a Roth IRA and a 401k #financialfreedom #rothira #401k #passiveincome When you realize that you can invest in both a 401k and a Roth IRA. If your company gives you a match on your 401k thats the best thing to do (its free money) Then you want to invest in your Roth IRA (if you are able to get your 401k match and max out your Roth IRA then you should put more of your paycheck in your 401k) When you realize that you can invest in both a 401k and a Roth IRA. If your company gives you a match on your 401k thats the best thing to do (its free money)"
TikTok Link 2023-02-22T02:20Z 37.8K followers, 13.8K engagements
"Replying to @mytiktokadrian If you want to add real estate to your portfolio FSRNX is a good choice If you want to add real estate exposure to your portfolio FSRNX from Fidelity is a great choice. You (typically) cant go wrong with Fidelity or Vanguard funds (or even Schwab). The vast majority of your portfolio should be in a total market fund (like VTI or FSKAX) but real estate can be a great addition (remember that if you own a house that is also real estate exposure) If you want to add real estate exposure to your portfolio FSRNX from Fidelity is a great choice. You (typically) cant go"
TikTok Link 2023-02-16T20:54Z 37.8K followers, [----] engagements
"Replying to @chunkychicken.nugget What are better investing options than a Roth IRA or 401k If you believe a Roth IRA or 401k isnt a good option what do you think are better risk/return opportunities for most people If you believe a Roth IRA or 401k isnt a good option what do you think are better risk/return opportunities for most people"
TikTok Link 2023-02-14T13:20Z 37.8K followers, [----] engagements
"You should be saving your money in a High Yield Savings Account instead of your normal bank account. The interest rates are literally 300x higher or more (currently 3.3%) Follow for more finance tips :) #financialfreedom #financialliteracy #PersonalFinance #finance101 #hysa #earninterest #savemoney #savings Your bank is stealing your money Your bank is stealing your money"
TikTok Link 2023-02-12T14:54Z 37.8K followers, [----] engagements
"Long-term investing is the secret to building wealth. You can literally set it and forget it. #howtoinvest #financialfreedom #finance101 #PersonalFinance #beginnerfinance #financialliteracy #beginnerfinance #beginnerinvesting #longterminvesting Did you know that if you invested $10000 in the stock market on the absolute worst day of the last [---] years (during the peak in September [----] before the Great Depression) but waited for [--] years before selling your $10000 STILL turned into $95000. Thats right the absolute WORST case scenario and you still are up 850% Did you know that if you invested"
TikTok Link 2023-02-11T05:01Z 37.8K followers, 335K engagements
"Top [--] Myths about a Roth IRA #rothiraexplained #rothira #rothiratips #rothiraforbeginners #howtoinvest #financialfreedom #finance101 #PersonalFinance #beginnerfinance #financialliteracy Financially stable adults dont gatekeep financial tips Roth IRA Myths Financially stable adults dont gatekeep financial tips Roth IRA Myths"
TikTok Link 2023-02-10T12:39Z 37.8K followers, [----] engagements
"Replying to @noprobllama.24 [--] best ways to set up your children financially for the future #financialfreedom #finance101 #PersonalFinance #beginnerfinance #beginnerinvesting Make your kid a millionaire The [--] best ways to help your kids grow up to be financially stable: 1) [---] plan. Only for education for right now but they are probably loosening those restrictions 2) UTMA account 3) Teach them about investing/saving/budgeting when they are young Make your kid a millionaire The [--] best ways to help your kids grow up to be financially stable: 1) [---] plan. Only for education for right now but"
TikTok Link 2023-02-09T01:38Z 37.8K followers, [----] engagements
"The three best ways to set your kids up financially #financialfreedom #finance101 #PersonalFinance #beginnerfinance #beginnerinvesting #financialliteracy Financially stable adults dont gatekeep finance tips Make your kids rich Financially stable adults dont gatekeep finance tips Make your kids rich"
TikTok Link 2023-02-07T13:31Z 37.8K followers, [----] engagements
"Do not come to me and ever suggest selling off investments to pay off manageable loans instead (this only makes sense if your interest rates arent super high) #studentloans #payingoffdebt #payingoffstudentloans #investing #studentdebt #finance101 #PersonalFinance #beginnerfinance #financialfreedom #financialliteracy Listening to my wife tell me her plan to pay off our student loans faster (shes a Doctor of Physical Therapy so the loans be large) that involves selling some of our long-term stock investments Listening to my wife tell me her plan to pay off our student loans faster (shes a"
TikTok Link 2023-02-06T22:38Z 37.8K followers, [----] engagements
"Here are some better places to save/invest your money instead of in a banks savings account #finance101 #beginnerfinance #financialfreedom #financialliteracy #beginnerinvesting #savemoney Financially stable adults dont gatekeep financial tips The bank is stealing your money Financially stable adults dont gatekeep financial tips The bank is stealing your money"
TikTok Link 2023-02-06T13:05Z 37.8K followers, 18.9K engagements
"What is a Roth IRA Why do you need one How does it work (Roth IRA megavid) - Its a tax-advantaged retirement account that you buy stocks/index funds inside of (you HAVE TO buy stocks inside of it) - You put in post-tax money but all your investment gains are totally tax free (thats huge) - You can put in up to $6500 per year. If you do that for [--] years youll have $1.75M AND you dont have to pay taxes on it - A Roth IRA is different than a 401k. You open a Roth IRA on your own whereas a 401k is through your employer. You can (and should) have both - You MUST invest the money inside of your"
TikTok Link 2023-02-05T13:18Z 37.8K followers, [----] engagements
"What is a Roth IRA Why do you need one How does it work - Its a tax-advantaged retirement account that you buy stocks/index funds inside of (you HAVE TO buy stocks inside of it) - You put in post-tax money but all your investment gains are totally tax free (thats huge) - You can put in up to $6500 per year. If you do that for [--] years youll have $1.75M AND you dont have to pay taxes on it - A Roth IRA is different than a 401k. You open a Roth IRA on your own whereas a 401k is through your employer. You can (and should) have both - You MUST invest the money inside of your Roth IRA into"
TikTok Link 2023-02-04T13:34Z 37.8K followers, [----] engagements
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