How to pick a Roth IRA
25 Comments- Get free updates of new posts here
Which of these lines is a lie?
- Many of you have written to me telling me how you spent 150 man-hours studying the differences in Roth IRA accounts.
- “I don’t want to become a financial expert. I just want my money to go where it needs to go and work for me so I can get on with my life.”
If you guessed the first one, you are correct. Almost nobody cares about the details. They just want to know what accounts are the best…from someone they trust.
To make that possible, I took on the onerous role of applying my extremely obsessive research style to figuring out the best accounts you should use. For the 0.00001% of you who care about the minute differences in accounts, I explain them. But for most people, I just share the accounts I use…because you know if I chose them, I spent many hours of my valuable youth researching them for you.
This way, I can do the work and you can benefit from my type-A fanaticism.
And I want to get ultra-specific with my recommendations. Which would you prefer?
- Other “financial experts”: You should find an account that’s reliable and trustworthy!
- Me: Here is the exact account I use, and why. GTFO fake experts
If you want to know which retirement account I use, I recorded a quick video to share my recommendations.
And if you want to know how to create an automatic money system that you’ll spend less than 1 hour per month on — including automatic bill pay, investing, savings, and best of all, guilt-free spending — you can pick up a copy of my book on Amazon.
* * * * *
Got a question you want me to cover in an upcoming “Ask Ramit” video?
Could be personal finance, earning more money, productivity, finding a Dream Job. Share your question in the comments below, and I’ll answer the best ones in upcoming videos.
POP QUIZ: Let’s say I asked you which of these you could change about yourself: Your taste in food (...Read More
...THEY NEVER MEAN IT! How many friends do you know who said, “Let’s make a promise: If either of ...Read More