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6 Assets You Should Never Own Through a Retirement Account 

Sharon Winsmith
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Watch this video to understand how to best use your retirement accounts to maximize tax savings. I also cover 6 types of assets you should never own through your retirement accounts. Regardless of whether you have a traditional 401k or IRA, or a Roth account, this video will help you get the most out of your retirement plan.
Tax and Investment Courses ▶️ sharonwinsmith.com/courses/
Video Contents
00:00 - Intro
01:34 - How to Properly Use 401ks and IRAs
05:32 - Tax Myths Around Using Retirement Accounts
08:46 - 6 Assets You Should Never Put in Your Retirement Account
⚠️ Exercise caution before using this strategy. Do your own research and make sure you fully understand the risks you are undertaking!
💡 I do not work with clients or offer any consulting services. If you want to learn more about the best tax and investment strategies, subscribe to my channel and check out these courses ▶️ sharonwinsmith.com/courses/
The information provided in this video is owned by Winsmith Tax LLC and is solely for informational and educational purposes. It is not intended as investment, legal, or financial advice. Always consult with a professional familiar with your unique situation, or conduct your own research before making any decisions. We might receive commissions for recommending certain products or services.

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9 июл 2024

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Комментарии : 9   
@rickbrodston1800
@rickbrodston1800 2 месяца назад
Thank you for your expertise and making these videos. Its fairly obvious you dont need the money from the tube ,which makes you even more of a generous person- keep them coming.
@sharonwinsmith
@sharonwinsmith 2 месяца назад
Appreciate your kind words!
@ELconomics101
@ELconomics101 2 месяца назад
Good afternoon coach!!
@gustavodiaz4689
@gustavodiaz4689 2 месяца назад
You should make a video on regard to crypto because I am not sold atttt alll on those investments vehicles. Plus your recommendation and why please
@sharonwinsmith
@sharonwinsmith 2 месяца назад
Haha I will definitely put that on the list. I know many are still skeptical but the more and more I study blockchain technology, the more bullish I become. 🐂 But to each their own! At the end of the day, it's all about what investments you are comfortable with. :)
@jovileluv5842
@jovileluv5842 Месяц назад
Would you use an SBLOC from brokerage assets to pay the taxes on IRA conversion to Roth IRA? Thanks for the great videos! (Oh, I don’t plan on paying the principal or interest back on the SBLOC for a very long time.)
@andersonandrew112
@andersonandrew112 2 месяца назад
Could you do a video explaining the types of investments that qualify for deducting margin interest on the SBLOC? Can I pay for repaiirs on an apartment building using an SBLOC and deduct the interest even though I'm deducting that on SCH-E? Or perhaps appliances?
@CFH298
@CFH298 2 месяца назад
My Roth is full of leveraged ETF’s for growth only! No bonds or cash at all!!!
@Rnjeazy
@Rnjeazy 2 месяца назад
Be careful with leveraged ETFs. They have a hefty expense ratio. Also, when leveraged ETFs like TQQQ go down, they go down hard. And take a much higher increase in the underlying to go back up to previous levels. I've been burned before in 2022 and still recovering
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