How to invest with a 401k for the long-term

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How to invest with a 401k for the long-term
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02:14 - Understand your options (Allocation models)
04:10 - 401k vs Roth 401k
08:50 - How I invest with my 401k with a 25 year time horizon
How to transfer to M1 Finance: dgitofi.com/Tra...
My dividend growth portfolio: dgitofi.com/My...
More about dividend growth investing:
How to invest with a Roth IRA for the long-term: • How to invest with a R...
5 things you probably didn't know about a ROTH IRA: • 5 things you probably ...
The simple path to wealth with dividend investing: • The simple path to wea...
I'm not a financial advisor and the content discussed today is merely my opinion and intended only for your entertainment. The content expressed in this video should not be considered as professional financial advice. This video may contain links through which we are compensated when you click on or are approved for offers. The information in this video was not provided by any of the companies mentioned, and has not been reviewed, approved, or otherwise endorsed by any of these entities.
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Опубликовано:

27 сен 2024

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Комментарии : 71

@DividendGrowthInvesting 9 месяцев назад

Thanks for watching! Try Seeking Alpha Premium: seekingalpha.me/dividendgrowthinvesting Try Seeking Alpha Premium + Alpha Picks: www.sahg6dtr.com/2WCWQH/225JFQ/ Try M1 Finance: bit.ly/TryM1Finance Rewards Credit Cards: bit.ly/TopRewardsCreditCards

@ОлександрГема-ш7ф 9 месяцев назад

Hi, Jake! Thanks for another awesome video. I'm just about to start my investing journey with an initial 100k investment with a time horizon of 10-12 years. I'm looking to have a portfolio with a split with Growth ETFs of 50% (50% SPYG + 50% VGT - to rebalance these towards High dividend ETFs in the future) + another 50% in Dividend ETFs (50% SCHD+50% VYM - don't think it makes sense to overlap VYM with DGRO). What do you think? I would appreciate your feedback a lot. Thanks!

@brooms4142 9 месяцев назад

look at the charts, bitcoin has outperformed every stock and banking product ever developed even after multiple pullbacks over the last decade. not a financial advisor but I know what i'm saying

@JamesWillock 9 месяцев назад

Agreed, I'm in line with having a financial advisor oversee my day-to-day investing cos, my job doesn't permit me the time to carry on market analysis. Thankfully, my stagnant portfolio once ago has now 5X in four years, summing up nearly $1m as of today.

@LaurenGilmor 9 месяцев назад

this is mind blowing! would truly appreciate an advisor like yours, i am a young adult with $250k inheritance and enthused about how the stock market works, cant afford to make terrible mistakes..

@JamesWillock 9 месяцев назад

Can't share much here, ''THERESA LEIGH DETRICK'' is the advisor behind my portfolio success, you can vet her online, she's valid.

@dontlookbackwards 9 месяцев назад

excellent share, curiously inputted Theresa Leigh Detrick on the web, found her consulting page and was able to pass on my inquiry, no sweat. she seems really proficient and highly knowledgeable

@Asstronauts93 9 месяцев назад

In my opinion the 401K is just to get whatever company match and free money out of your plan

@DividendGrowthInvesting 9 месяцев назад

Yeah that is def a huge bonus. It is also great if you want to roll over or convert into a Roth IRA so that you can pick your own retirement investments.

@Jpsantos94 9 месяцев назад

I like how vanguard didn’t do a more current analysis up to 2023. We all know bonds fell like crazy and crushed the returns for the last 2 years. Kind of important.

@DividendGrowthInvesting 9 месяцев назад

Ya I thought the same thing

@rockystaatz521 9 месяцев назад

Once you’re fully vested you shouldn’t have to pay the taxes and fees but they change things yearly

@tonioyendis4464 9 месяцев назад

We found out that our corporate 401k plan does not allow for drip and nobody seems to know where the dividends are going to; because not to employees!

@DividendGrowthInvesting 9 месяцев назад

It could go back into the NAV of the fund. I’ve had a plan like that as well. The dividends are just reflected in the share price of the fund.

@yanzukmjy 9 месяцев назад

That dude from your meme clip was definitely sleeping on the couch for a month 😅

@DividendGrowthInvesting 9 месяцев назад

lolol

@evanguarino2514 8 месяцев назад

Hey Jake, nice portfolio! I got a question for you, are you concerned at all with the dollar amount being over the sipc insurance amount provided in your brokerage account? Does M1 Finance have excess insurance over the 500,000 sipc insurance? Thanks!

@biodynamicfarming 9 месяцев назад

Hi Jake. I'm new to the channel and really like the content I've watched thus far. At the end of the video you mentioned that you just invest in growth index funds in your retirement account. Will you please make a video showing which funds these are? Best regards.

@DividendGrowthInvesting 9 месяцев назад

Hey there! So glad you are here! I made a video on my Roth IRA investments. You can watch it here: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-52d_gan91UE.html

@martincadenas5839 9 месяцев назад

Brother i make 100k a year. My question is, should i max out my employer 401k and an ira before investing in a roth ira or should i just max out my employer 401k and roth ira?

@tommytators9814 9 месяцев назад

What if your employer does not match at all?

@DividendGrowthInvesting 9 месяцев назад

I personally would max my HSA and Roth IRA first and then consider if it makes sense to invest in an employer's 401k.

@brianburton7582 9 месяцев назад

How can you continue to invest in an HSA if you’re no longer working?

@DividendGrowthInvesting 9 месяцев назад

You can get a market place high deductible plan. Aca

@tommytators9814 9 месяцев назад

I have a Roth IRA I max out and a brokerage account and possible pension as of now so I always debate on if I should even do my Roth 401k anymore that does not match. I don’t get to pick what’s in it other than s and p 500 or they automatically set you up for a target date fund which I’ve opted out of. I do 10% of my paycheck weekly until someone can’t tell me to put that 10% somewhere better which is what I’m thinking. All help greatly appreciated.

@DividendGrowthInvesting 9 месяцев назад

Yeah it all depends on your goals and timeline, but I would def. focus on an HSA and Roth IRA first if there is no employer match.

@TheDividendInvestorCPA 9 месяцев назад

Great video my friend 👍

@DividendGrowthInvesting 9 месяцев назад

Thank you!!!

@egemenulker 9 месяцев назад

I will be rich 🎉😅

@DividendGrowthInvesting 9 месяцев назад

@fishingguuru6888 9 месяцев назад

my friend, you are putting all your eggs in the same basket, I dont think that is wise - not financial adivce, of course

@MoRpHiNe_NPC 9 месяцев назад

Second

@DividendGrowthInvesting 9 месяцев назад

hey there!! :D

@Eli390 9 месяцев назад

Hi third but first hi

@DividendGrowthInvesting 9 месяцев назад

lol hi :P

@ethanshy280 9 месяцев назад

First

@DividendGrowthInvesting 9 месяцев назад

there he is! Hey Ethan!

@ethanshy280 9 месяцев назад

@@DividendGrowthInvestingthat horse video though. Funny and gross lol

@DividendGrowthInvesting 9 месяцев назад

@@ethanshy280 lololol yeah...

@lostboi3974 9 месяцев назад

Dave is good for getting out debt. But for investing and retirement, he's full of what that lady grabbed out of the horse.

@DividendGrowthInvesting 9 месяцев назад

Lol 😂

@rockystaatz521 9 месяцев назад

I actually agree 100% with you on that

@burnsurvivor88 9 месяцев назад

My company doesn't offer a 401k I started investing because of all the content on RU-vid. Now I have a taxable account with around 24k saved. It's been great watching the dividends come in

@rockystaatz521 9 месяцев назад

That might change about the retirement accounts

@KickMoreAss 9 месяцев назад

You need to make a Roth IRA account to save on the taxes over time.

@autobotdiva9268 9 месяцев назад

ours is TDF so no options but thats ok. increasing my contribution 2024 because i want to max the roth

@thecapone45 9 месяцев назад

I am not much of a 401K guy or into any of those retirement accounts. I normally skip over your videos dealing with that, admittedly. I took the plunge and watched this video out of all your other retirement account uploads and I believe I got some value out of this video. I intend to listen again because I want to make sure I understand what you’re saying. Currently I’m sort of confused on if you meant that when you converted a 401K to a Roth, if you had to pay taxes. I was under the impression you were saying that one could bypass the taxes you owe from cashing out a 401K, by converting to a Roth IRA (since you don’t pay taxes on withdrawals in a Roth) and I think that’s what was your “surprise” tax bill? Anyways. Great video.

@DividendGrowthInvesting 9 месяцев назад

Yes you can bypass it but depends on your tax bracket and income that year. You can convert it over many years to avoid any taxes as long as you stay in a low tax bracket.

@thecapone45 8 месяцев назад

@@DividendGrowthInvesting Okay I took another listen and think I learned more. I will say I would find it helpful and a good video idea (unless you’ve already made one) to see how one can put in money, pre-tax, into a retirement account and withdrawal from it years down the line, also tax free- if that’s even likely. Thanks for the tip. I like how practical and informative your videos are. I receive a lot of value from them.

@will1122 9 месяцев назад

Dave doesn't say what funds to invest in to protect himself and his org. from getting sued.

@DividendGrowthInvesting 9 месяцев назад

Yeah that is part of it. That is pretty convenient for his financial advisor affiliate business. No hate on Dave.. gotta respect the hustle.

@MattT157 9 месяцев назад

Also it would be pretty easy to calculate that none of his math works if he named funds.

@Ivan-tx3ji 8 месяцев назад

Are you ever worried that balances over 250k are not fdic insured like M1 finance? Should we consider opening accounts at different banks when we reach that max?

@DividendGrowthInvesting 8 месяцев назад

I’m not concerned. M1 doesn’t own my shares. I own them regardless of what happens to M1. Now cash is a different story. Our retirement accounts are with Vanguard but same thing applies. Check out this video I made on M1: You NEED to know this if you invest with M1 Finance ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-ZYBb0FPgHkk.html

@jaredcorreafitness9666 9 месяцев назад

Shouldn’t the compound frequency be yearly not monthly on the calculator? Just curious. Great stuff though

@DividendGrowthInvesting 9 месяцев назад

Yeah it should be yearly. Forgot to update. It doesn’t make much of a difference though

@jaredcorreafitness9666 9 месяцев назад

@@DividendGrowthInvesting thanks for the response! Great content

@seanharrington4768 9 месяцев назад

OMG- that was SO funny--great video !!

@DividendGrowthInvesting 9 месяцев назад

@emmanuelmitchell8649 9 месяцев назад

Hey Jake. I've actually worked my 401k into part of my dividend plan. Fidelity offers the ability to self manage part of your 401k. I split my 401k 50-50 between a low cost s&p500 mutual fund & high growth dividend stocks I intend to hold on to. My plan is to do an inkind transfer of those stocks into a rollover IRA and work them into my dividend portfolio. I'll likely do another inkind RMD to a taxable account and use the dividends to cover taxes