@shewealthofficial: It’s never too late to start investing, and if you feel nervous or hesitant, you can start with as little as $20! Though the screens may vary, the five steps are the same no matter which brokerage you choose. If you’re brand new to investing, a Roth IRA is a great place to start, as long as you have taxable income. It’s individual retirement account where you contribute after tax dollars, those dollars grow tax-free and can be withdrawn tax-free after age 59.5. If you make too much to contribute directly (check income limits for 2026), you might consider a Backdoor Roth IRA. If you want to save to buy a car, purchase your first home, or for any other PRE-retirement goals, an individual taxable brokerage account is a great place to start. You contribute after tax dollars, and you will be taxed on any capital gains (money your money makes in the market) upon withdrawal. 📚 For educational purposes only. Not financial advice. #investingforbeginners #personalfinanceforwomen #financialliteracy

634

2026-09-09 03:36:09

To see more videos from user @shewealthofficial, please go to the Tikwm homepage.