I will never and i mean never take financial advice from someone like this. His heart is in the right place. But he is so wrong and misleading. First off $1,000 a month in a roth is impossible. They have limits for the year. So it’s closer to $583 a month. But saying invest $1000 a month and then saying it’s tax free is wrong. I truly appreciate you wanting younger people to invest. I wish i started sooner. Literally what we all say haha. But please stop with this invest 1,000 in a roth and tax free bs. I have seen so many channels do this. And i have seen comments where people have said screw investing its too complicated. Please as a community let’s be 100% accurate with the examples we give. Im subscribing and wishing your channel the best.
invest $1,000 a month???
4% rule is a little dated, but the concept still holds up.
I will never and i mean never take financial advice from someone like this. His heart is in the right place. But he is so wrong and misleading. First off $1,000 a month in a roth is impossible. They have limits for the year. So it’s closer to $583 a month. But saying invest $1000 a month and then saying it’s tax free is wrong. I truly appreciate you wanting younger people to invest. I wish i started sooner. Literally what we all say haha. But please stop with this invest 1,000 in a roth and tax free bs. I have seen so many channels do this. And i have seen comments where people have said screw investing its too complicated. Please as a community let’s be 100% accurate with the examples we give. Im subscribing and wishing your channel the best.
Banky