Get RICH Tax Free | The 5 Billion Dollar Tax Loophole

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(this video is sponsored by Skillshare)

Today we discuss a little tax loophole that can allow you to invest your money and pay nothing in taxes on your profits. Virtually anyone can do this in the United States by using a Roth IRA.

This Individual Retirement Accounts allows you to build wealth and pay 0 dollars in taxes when you retire.

Many wealthy people have used this type of investment account to build massive wealth and pay no taxes on it.

Former CEO of paypal Peter Theil was able to build a 5 billion dollar tax free empire by using a Roth IRA. Even Warren Buffet which advocates for higher taxes on the wealthy, has over 20 million dollars in this type of account.

Would you use a Roth IRA to build your wealth?
Let me know in the comments!

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Комментарии
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Successful people don't become that way overnight. What most people see at a glance-wealth, a great career, purpose-is the result of hard work and hustle over time.

judyfuller
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I have been watching some videos and I was thinking about investing in bitcoin or forex, but still don't know where to start from, any recommendation?

lilyroy
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I still have no idea how he gets away from the self-dealing rule. It is NOT perfectly legal as you say. This is very dangerous advice since IRAs cannot invest in their beneficiaries companies'.

PanteraRossa
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This Video is applicable only for people who reside in USA, This strategy is not applicable to other countries their laws, investment strategies are different.

Fan-zxlz
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It should stay the same....people are mad just because they pay so much in taxes but, then never look to find out where and how they can save money.

GregDaDefender
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This is not how to get rich with ROTH for the average investor.... Investing in startups is like taking vacations on Mars... reserved for the ultra rich which is not your audience. So a ROTH is a good way to invest for a tax free future but it's capped for the average Joe, again, your audience which is a false lead to watch. Thanks, but would prefer knowledge on how to get a solid 20% risk free.

SRWS
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Nice not everyone can put startup stock in a Roth But if you put an index fund in when you are young you can have outstanding results ..!

CritterCamSoCal
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Not anyone can create a Roth IRA but you can set up a back door Roth.

CaseyBurnsInvesting