Video by Father ‘N Son Investing via YouTube
Source
0:00 – 0:35 Introduction of topics to be covered
0:36 – 01:18 History of IRA
01:19 – 02:26 Traditional IRA vs Roth IRA
02:27 – 02:54 Other types of retirement vehicles that won’t be covered
02:55 – 03:31 What qualifications are there to contribute to a Roth IRA
03:32 – 03:41 What can’t be contributed to a Roth IRA
03:51 – 07:14 Using future value function to see the benefit of starting early
07:15 – 07:51 How increasing returns magnifies wealth even more
07:51 – 08:54 Basics of Roth IRA
08:54 – 09:44 Advantage of starting a Roth IRA early
09:45 – 10:20 Limited circumstances where Roth earnings can be withdrawn without a penalty
10:21 – 11:14 Cons of a Roth IRA for a teenager (not many)
11:15 – 11:36 How do I get started?
11:36 – 11:53 The exciting ending
The Roth IRA is a wonderful investment tool that young people with earned income can use to magnify their wealth. See how starting early magnifies that wealth to incredible levels.
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-All of the content found in this video is for ENTERTAINMENT purposes only. We are NOT financial advisors and are not responsible for any losses in your personal investing experience.