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Author Topic: I help setup a ROTH IRA account for one of my relatives (good result already)  (Read 1800 times)

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Online hmgROCK

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I have financial background
and can't stress it enough about the importance of investing
we all have to play this white man game

my relative have $2500
just finish school and started working for a few years now
been saving and he got around $2500 to invest
which is just perfect for fidelity 2055 index (the date he want to retired)

we set this up last week and it's already up almost $100!!!
got a long way to go
everything is legit
i ask him if i can get a screen shot to show more people
and he say sure

so here's a pic
(we did excalty what i wrote on the guide a few weeks back you can read it here)
http://www.pebhmong.com/forum/index.php/topic,393701.0.html




« Last Edit: May 08, 2018, 10:29:26 AM by hmgROCK »

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Online hmgROCK

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this hmong brother will be a hmong millionaire
Remember we do index so we owe the whole market
If one stock goes down, we still got others
Because we owe the whole market

Lol to simply put
You cant lose


« Last Edit: May 08, 2018, 10:42:07 AM by hmgROCK »

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Offline Yebleng

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How do I sign up? Get in contact with my 401k company?



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Online hmgROCK

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How do I sign up? Get in contact with my 401k company?

No
Roth IRA is something outside of work
All the gains and income is tax free
You pay zero tax

Are you making six figures?
If you answer no
Than go and created an account
Remember to select Roth IRA
And put $5500 max annually
You can read my guide here

http://www.pebhmong.com/forum/index.php/topic,393701.0.html



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Offline theking

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I have financial background

 ;D ;D ;D

Perhaps counting change at a fast food place but definitely nothing that requires decimal knowledge...

this hmong brother will be a hmong millionaire

Why not just give him the powerball numbers so he can be a "millionaire" now since you claimed to be the "hmong Nostradamus" and is "always right"?  ???


« Last Edit: May 08, 2018, 06:36:26 PM by theking »

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Online hmgROCK

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a little update on my cousin roth ira
that we created just a little over a week ago

since posting and making this thread 2 days ago
he has gain a whopper $17!!!  (for a total of $114 gain in just a week)

screenshot
(he say it's cool, to show other for research purpose)



again

we use a 90%ish stock and 10% bond
with  60%is US stock and 30%ish international


if you want to be super aggressive,
i guess you can go with 100% stock
but not advice

his portfolio set up
reallly easy, cuz this target index date already did all over the work
easy as cake




right now is a good time to invest in a roth ira
with the trump corporate tax cut that never expire
you going see record setting profit for years to come
gotta sign up and get a share of the pot of gold


already another green day (stock market)
i will posted tomorrow update


« Last Edit: May 10, 2018, 10:48:41 AM by hmgROCK »

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Online hmgROCK

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dude's account is doing pretty good
was up a whopper $20!!! yesterday
initial open $2500, current balance $2,635.38
my man is well on his way to become a hmong millionaire
he will just need to folo my advice and do $5500 max out every year



hopefully
we can get more brother and sister into this game
(FYI, target date and mutual fund usually trade at the end of the day, thats why i wait till morning to post yesterday result)



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Offline w1s3m0n

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2.6k in 401k...LONG TIME to become a millionaire.



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Blongforever

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I have financial background
and can't stress it enough about the importance of investing
we all have to play this white man game

my relative have $2500
just finish school and started working for a few years now
been saving and he got around $2500 to invest
which is just perfect for fidelity 2055 index (the date he want to retired)

we set this up last week and it's already up almost $100!!!
got a long way to go
everything is legit
i ask him if i can get a screen shot to show more people
and he say sure

so here's a pic
(we did excalty what i wrote on the guide a few weeks back you can read it here)
http://www.pebhmong.com/forum/index.php/topic,393701.0.html




Thanks, Puppet Trump.  No thanks, Clinton.  Sorry Feminist Libs.  It's as real as we want to imagine.  If we have children.  get on the fake game.  If we don't still get on the fake numbers.  LOL.



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