CREATING MILLIONAIRES: POSTERS AIDING WEALTH GROWTH

GunRanger

Veteran
Joined
May 17, 2014
Messages
30,710
Reputation
4,517
Daps
101,601
With betterment, there's no minimum to start a roth, but should I wait until I can put a larger opening deposit, or just say fukk it and open it asap?
 

GunRanger

Veteran
Joined
May 17, 2014
Messages
30,710
Reputation
4,517
Daps
101,601
It's not free, I forget what the fees are but it's pretty negligible. But any brokerage is going to charge a fee. Even if you use Ameritrade and do your own trades it's like $4.95 per trade or something.

Here this shows what the fees are that I've paid since opening the acct in 2012.

you have any goals on betterment?
 

GunRanger

Veteran
Joined
May 17, 2014
Messages
30,710
Reputation
4,517
Daps
101,601
Yea, that's my "retirement home" fund. Hopefully it's around $400k when I retire, so I can use it to buy whatever house I want in cash w/o touching my actual retirement funds or equity from existing property.
what you using for short term goals?
 

BaldingSoHard

Veteran
Joined
Dec 11, 2014
Messages
25,006
Reputation
7,518
Daps
110,886
what you using for short term goals?

Eh, I don't really have any short term goals.
I already own a home, and my car is just about paid off and I've got enough cash in other accounts for any vacations or emergencies.
There's really not much else that I want. :yeshrug:

Edit: Actually that's not true. I keep about $10k in an account with Tradeking.com in case I feel like playing with individual stocks (trades), but I haven't touched that in a while. I'm more of an investor, not a trader.
 

GunRanger

Veteran
Joined
May 17, 2014
Messages
30,710
Reputation
4,517
Daps
101,601
Eh, I don't really have any short term goals.
I already own a home, and my car is just about paid off and I've got enough cash in other accounts for any vacations or emergencies.
There's really not much else that I want. :yeshrug:

Edit: Actually that's not true. I keep about $10k in an account with Tradeking.com in case I feel like playing with individual stocks (trades), but I haven't touched that in a while. I'm more of an investor, not a trader.
When you deposit into the Roth on betterment, do they take the taxes from you on the site?
 

25YOUTHS!!

Superstar
Joined
Jul 12, 2012
Messages
3,879
Reputation
3,110
Daps
14,561
Reppin
NULL
I thought this was about ideas, opportunities etc. to become millionaires (or at least self-sufficient),
Not going thru the rat race hoping to cash out on your 401K in 40+ years :scust:
 

25YOUTHS!!

Superstar
Joined
Jul 12, 2012
Messages
3,879
Reputation
3,110
Daps
14,561
Reppin
NULL
Nothing :scust: about it but it's a big internet, start your own thread, breh.
No hate breh I'm on my "never have one income stream" tip so I thought this was what the thread was about based on the title.

Related question tho; Can you cash out early and parlay that into something else? What's the penalty etc.?
 

BaldingSoHard

Veteran
Joined
Dec 11, 2014
Messages
25,006
Reputation
7,518
Daps
110,886
No hate breh I'm on my "never have one income stream" tip so I thought this was what the thread was about based on the title.

Related question tho; Can you cash out early and parlay that into something else? What's the penalty etc.?

Yea you could cash out but the penalties would be :huhldup:. Lots of people do it though when they see how much they have in there. Shortsightedness... :francis:.
 
Top