Roth IRA Millionaire Challenge

In today's episode, I discuss the Roth IRA millionaire challenge. I believe everyone can achieve this goal (of becoming a millionaire) if they continuously invest in their Roth IRA. If you consistently invest in your Roth IRA you can become a millionaire because of compound growth. The 3 stocks I highlight, Microsoft ($MSFT), Apple ($AAPL), and Tesla ($TSLA). If these 3 stocks continue to produce ~28% to ~30% annually, over 15-25 years, you could be a millionaire. Please enjoy!

00:00 Introduction
01:18 Roth IRA Stocks and Data
03:08 Roth IRA OVER 50yrs Old
08:17 Roth IRA UNDER 50yrs Old

Consider this -
Scale into any position slowly. If you have $100/$1k/$10k to invest, spend that investment over multiple days, weeks, and months to protect yourself from any near-term headwinds. It is nearly impossible to buy a stock and NOT have it go below the price you paid. This is also true when you sell a stock, you will never sell it at the exact high.

Charts and patterns are all probabilities, if the chart falters when you thought it was going to rise, it is OK. It is OK to hold a good company that is being beaten up. When you start a position, you want to take small bites to give you pricing flexibility during volatile times.

Thank you for watching!

DISCLAIMER: Everything I say is for entertainment purposes ONLY. Do not take ANYTHING I say as financial advice. Opinions are my own only and should not be treated as recommendations or financial advice. I am not a financial advisor, I am just a clown with a youtube channel. The stock market is too risky for anyone to enter. The mere fact that 85%-90% of people lose money in the stock market should be your warning to stay away from it!

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