Invest in 401(k) and Roth IRA

Instructions

  1. Begin your journey into investing.
    Research and find a reliable source of information to start learning about investing. It could be through books, courses and so on.
  2. Open a 401(k) and Roth IRA.
    These investments offer great benefits, such as tax deductions and employer matching. Start with as little as $50 and gradually increase your contributions over time. You may also ask a discount brokerage in your area to help you convert your 401(k) to a Roth IRA.
  3. Set up automatic transfers.
    Set up a regular transfer from your bank account to your investment account each month. This will ensure that you'll invest regularly.
  4. Invest in the long term.
    Investing in the long term will give you the best returns.

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