New to this page - new to investing in general. I know I want to utilize a Roth IRA and understand it’s benefits over a brokerage account being that it’s interest is tax exempt (if there’s any other benefit I am not aware of it). Alongside this I have also been utilizing a high yield savings at UFB Direct.
Essentially I am a 19 yo male that wants to start saving for retirement alongside begin making investments that will come to fruition in ~10 years time. My capital is currently around 10,000 — all of which is currently in the high yield savings.
Any advice essentially how to choose an ETF (for the roth IRA) alongside any other possible advice would be greatly appreciated! Taking a month to do research before beginning to invest using the Roth IRA so if you have tips on places to find research I have the time to do so!!
Essentially I am a 19 yo male that wants to start saving for retirement alongside begin making investments that will come to fruition in ~10 years time. My capital is currently around 10,000 — all of which is currently in the high yield savings.
Any advice essentially how to choose an ETF (for the roth IRA) alongside any other possible advice would be greatly appreciated! Taking a month to do research before beginning to invest using the Roth IRA so if you have tips on places to find research I have the time to do so!!
Statistics: Posted by FinNog — Tue Jul 30, 2024 6:45 pm — Replies 4 — Views 400