Search

EP158 – Stop touching your retirement accounts; Caller buys $100 of Apple and Tesla – good idea?; Should you invest in this market?

Play episode

We have a great lineup of your social media questions. We have received so many positive comments about these episodes. If you have a question for us please email to podcast@rocklandusa.com

We begin with a little financial talk on what the Island Boys should be doing with their new-found fame money before the flame runs out. We then get into your questions and comments!

**This post may contain affiliate links, and we may be compensated if you make a purchase after clicking on the affiliate and/or partner links.

QUESTION 1

Hello guys!  I’ve finally pulled the trigger on opening an investment account through Fidelity.  The advice I’m looking for is on funding a Roth IRA,  it is giving me the option to make my contribution for 2021 or 2022?  Another thing I’m curious to know is how do you guys come to a good decision on single stocks? I bought 100.00 dollars worth of Tesla stock and 100.00 worth of Apple stock.  I’m a total newbie and bought the single stocks to learn.  You guys are awesome!

QUESTION 2

Question for you smart people. So I am deciding whether or not to invest into my 401k or just Thinking about opening up a second Roth IRA through Schwab and choosing a Target retirement fund.  Thoughts?

QUESTION 3

Just invested some money today. First time investing and I’m pretty nervous about it with everyone talking about the market like they are.

QUESTION 4

Do you count equity in your house towards your net worth? Like if I pull $5,000 from a mutual fund to do some upgrades to a room and closet, do I consider that an even transfer or negative $5,000

Sponsored by Choice Realty Connect : https://choicerealtyconnect.com/ when you are wanting to buy or sell a home, condo or any type of property. Trust Amanda to help match you with up to 3 top agents in your area.

BESTOW – Fast, Free Quote on affordable online term life insurance. No exam, no waiting, no hassles: https://tinyurl.com/y79pywmw

WEBULL – Get 1 FREE stock valued up to $1,200 here: https://act.webull.com/kol-us/share.html?hl=en&inviteCode=HvpbX35EsVmn

Website: https://rockonthemoney.com/
Subscribe to the podcast – all links located here: https://linktr.ee/rocklandusa
Call us with your questions : 989-888-ROCK (7625)
Facebook Group: https://www.facebook.com/groups/your401k/

Join the discussion

More from this show

Subscribe