Lets talk about investing, 401k vs Roth IRA, how to invest with an HSA, target date funds, expense ratios, and income-generating assets.
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Video Chapters:
00:00 investing basics: tips for beginner investors
00:38 investing is necessary to beat inflation
01:20 high yield savings accounts with good interest rates
02:10 definition of an investment: acquiring assets that give you returns over time
02:44 boring investments are better than trendy investments
03:50 401k vs Roth IRA vs HSA Health Savings Accounts for investing
06:20 Roth IRA explained
06:56 investing your HSA for triple tax protection
09:43 steady and consistent contributions will grow your investment accounts more over time
10:45 moving money from the cash balance to an investment
11:30 mutual fund vs index fund vs target date fund
12:04 expense ratios are more important than you think
13:54 Can you time the stock market?
16:32 buying stocks and shares of companies you believe in
17:51 should you invest if you have debt
21:03 investing your time and energy into digital assets
23:41 stop trading your time for money