Investing in a ROTH IRA. Retirement Plan. Filipino US Nurse Immigrant
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- čas přidán 29. 01. 2024
- Fidelity link here👉🏻 fidelity.app.link/e/VId75TZWMGb
In this video, I'll show you how to start a Roth IRA with only $500. You'll see exactly how to open a Roth IRA brokerage account, deposit money to begin investing, pick your high growth or dividend-paying index funds or ETFs, and buy your Roth IRA investments to officially begin saving for retirement. We'll also discuss the pros and cons of Roth IRA's and if they are right for your investing goals.
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PinayUSRN
#PinayUSRN
Thank you so much for this amazing video!
You're so welcome!
Thank you for this video. Very informative. Cheers!
Thanks din po sa encouragement sir. Will upload more finance and investment topic po
Very informative mga vids nyo po. Sana po next video ay about sa job opportunities ng dependents ng pinoy nurses sa US. Thank you po!
Thanks po. Actually po uploading very soon na po yan, dahil si hubby hindi din po siya nurse and medyo challenging ang job opportunity nila dito.
Hello sir, very informative and simple. Gawa pa kayo mga ganitong video kasi helpful talaga.
thank you po. we will soon upload about naman po sa taxation.
Very informative po. This is what I'm looking for, specially about investments. It can help to those who are new in USA. 🇺🇸
Tama po kayo. Eto din po yung hinahanap namin nung mga unang buwan namin dito sa US. Pero wala po masyadong video about this in tagalog. Puro english hahahaha .sang state po kayo?
Thanks for this vid! Very informative.. ibe question po, okay dinpo ba yung VOO na stocks?
@@ndnkrstn ang VOO kasi sir focused siya sa s&p 500 which is less riskier dahil well establised na yung mga company like apple, google etc. On the other hand, sa VTI (3,800 stocks) includes small and mid capped companies which is riskier compare sa VOO dahil andyan yung mga startups. So it really depends on you sir, the more you are close to retirement, its a must na mag invest sa less risk na investment, like bonds etc.
@@PinayUSRNooh i see. Ano po difference ng mutual funds and index funds? And which is better po ba? Sorry daming tanong. Super clueless.
@@ndnkrstn sir, index is more predictable, like VOO naka invest ka sa top 500, VTI sa 3800 naman, meaning naka invest ka sa economy ng US as a whole. Pag nag crash ang market ng US , crash din ang investment mo, pag up ang economy like nowadays, up din ang investment mo. Sa mutual fund naman, meron yang active managers na ang goal nila siyempre is kumita yung investment dahil may percentage sila dun sa growth plus fees. Sa index very low ang fees, like sa VOO 0.03% lang kasi wala naman nagmamanage e sinasabayan lng nya yung growth ng s&p 500
Sir Baka pwede kayo gawa ng vid about High yield savings.tnx
Hello sir, actually Im working on it, and baka po maupload ko by this coming weekend po. Thanks po sir
Thank you for this video, sir, very informative po. Need po ba separate roth ira account kmi ng hubby ko or pwede na isa lng?
Hello po mam, seperate po, wala po silang joint. Kasi pag retire niyo po seperate din po ang pension niyo if ever
Sir do you consider investing to tangible and non tangible gold? I am wondering where does this money goes and where does the rewards for this retirement from. I am concern about printing of money as a federal reserve notes is not backed by tangible assets but with credit of US government. Thanks sir. More power to your channel.
Hello sir.
Eto po sagot ko sa question 1: Meron din po kaming investment sa physical gold, at yan nga po lagi kong sinasabi kay misis na when everything goes wrong, physical gold will prevail, magcollapse man ang lahat ng financial institution here in the US, but gold will still remains as gold with appreciating value. I don’t recommend non tangible gold as I do not have any experience to it, better physical gold if di naman ganun karami.
Q2: the profit that the retirement fund comes from index fund, which means you literally investing it to the economy of US, like the S$P 500, you are investing it in top 500 companies. Lets say they performed well like last 2023 with growth of 20%, the money you invested grows as well, so thats where the rewards comes from, vice versa, if they are down you’re down too.
Q3: about the printing, I’ve watched a lot of video with regards to that matter, but again not all the information available to us in the internet are true. we need to treat it always with a doubt. We really dont know what is happening behind Fed’s doors and we dont know how much gold they have, to backed their notes. maybe they do really have it, thats why they are printing, again, no one really knows. They also said that bitcoin might replace dollars, again, no one really knows what will happen in the future, so we focus on what we can control today. like what I have said in the video, dont put all your eggs in one basket, you need to diversify, good thing with us we also have philippines as an option to invest into.
Sorry for the long answer 😅 tried my best to explain it hopefully it helps 🙏🏻
@@PinayUSRN yes sir tama better bullion gold and you can also buy it sir using bitcoin like credit suisse gold bars. Ive been watching and reading Ray Dalios studies and theories. Kaya i just want to know your opinion with the printing matter. I hope we can invest better in Philippines if in the future retiring anywhere in the world. You can try commodities like non tangible gold sir if you dont fancy bitcoin with unique block chain. Happy investing sir! More power. Sana madiscuss nyo rin about cash as king and emergency fund.
Thank you po sir. Next video ko sir is ideal order of investing kasama dun yung emergency fund. will upload soon po 🙏🏻
visible parin po yung bank account number na in-enter nnyu... 8:32
Thanks po. Dummy number lng naman po yan
after po magtrade, bibili po ba ng share (e.g SPY, VOO, QQQ)?
After niyo po magdeposit. Buy po kayo ng ETF like SPY
sir, would you recommend maximizing 401k contributions? kung taxable din siya in the long run?
@@ndnkrstn Here is my suggestion…
@@ndnkrstn this is what I think optimal order of investment. 401k matching (match your employer’s) - then open a high yield savings account for your emergency fund - roth IRA max contributions of 7k for this year - then if you still have left over money for investment, max your 401k to reduce your taxable income or open a health savings account. If still you have more money left to invest, thats the time you invest in stocks, real estate, or pay off your debt 😁
May similar ba na ganyan dito sa PH?
Wala po sir. Meron po dyan investing platform yung COL financial ang alam ko pero taxable po
Every month po ba dapat mag-deposit ng money?
Hindi po need. It works like a savings account, but for investment and retirement. But I highly suggest, set aside a portion of your income monthly and let it grow.
Thanks for replying! How po siya mag-grow? Do I need to buy or trade every month po?
Yes po, everytime na mag dedeposit ka po ng funds, need niyo po yun iinvest. Pwede niyo po yun ibili ng stocks tulad ng apple or amazon etc. But I suggest sa index fund niyo po iinvest.