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Top 5 Stock Market Day Trade Fails and Meltdown Losses!
5 day traders that lost their money in the stock market day trading. Day trading using leverage is a very risky endeavor. Please do your homework and research before purchasing stocks, bonds or options.
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YouTubers
Chancey1979 – https://www.youtube.com/watch?v=B8cN586JUR8
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MetraMan09 – https://www.youtube.com/watch?v=A-tNkuYV4_Q
2MinuteSports – https://www.youtube.com/watch?v=CXrD4rAHZyE&t=53s
Average Trader – https://www.youtube.com/watch?v=359mxSYaGig
SUBSCRIBE ► http://shorturl.at/etK26 – Brisbane, Australia – Indigenous (Aboriginal) art. Let’s visit the Gallery of Modern Art (GOMA) which is an art museum located in the South Bank precinct of Brisbane, Queensland, Australia. GOMA opened on 2 December 2006 and it is situated on Kurilpa Point and it faces the Brisbane River and the CBD. We are going to view the Indigenous Art collection which has a focus on contemporary art, including paintings, sculpture and a collection of contemporary Indigenous Australian fibre art from across the country, with objects made from natural and introduced materials.
Brisbane, capital of Queensland, is a large city on the Brisbane River. Clustered in its South Bank cultural precinct are the Queensland Museum and Sciencentre, with noted interactive exhibitions. Another South Bank cultural institution is Queensland Gallery of Modern Art, among Australia’s major contemporary art museums. Looming over the city is Mt. Coot-tha, site of Brisbane Botanic Gardens.
#VicStefanu
The Roth IRA – one of the best retirement investing accounts out there! However, as with any government investment vehicle, there are certain mistakes you want to avoid that can cost you MILLIONS in retirement. If you currently have a Roth IRA, or are thinking about investing in a Roth IRA…do NOT make these costly mistakes or all your hard work will go down the drain!
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Mistake 1: Pulling Money Out Too Early:
This is a huge pitfall with many investments – and something many Roth IRA investors think of doing. A Roth IRA is NOT an emergency fund. Withdraw money from Roth IRA before you’re 59 ½ years old, is subject to 10% penalty + income tax on any accrued earnings. A few exceptions to the rule, if the funds go towards the purchase of your 1st home (up to ,000) tax-free withdrawal, or if they are distributed to your beneficiaries upon your death. But remember, you must have the Roth IRA be open at least 5 years before you withdraw any funds and you can leave the money in the Roth IRA for as long as you live, there is NO required minimum distributions.
Mistake 2: Over-Contributing To Roth IRA:
The 2020 maximum Roth IRA contributions was ,000, if under the age of 50, and ,000 if over the age of 50. BUT, be aware, there are income thresholds that can greatly penalize you in Roth IRA contributions. If you are making less than 4,000 single or less than 6,000 married filing jointly, you can contribute to a Roth IRA. If you make more than 9,000 single or 6,000 as a married couple, you are NOT eligible to contribute to a Roth IRA. So what happens if you contribute above the income threshold – You will have made what is known as an ineligible excess contribution, which can result in tax penalties (6% of the ineligible amount).
Mistake 3: Forgetting To List Primary and Contingent Beneficiaries:
This is a very easy thing to forget and we are guilty for this initially – while setting up your Roth IRA, it is important to pay attention to the FINE print and fill out all the forms and paperwork properly. The money in the Roth IRA, will be payable to your estate which will go through probate (which involves court and lawyer fees ranging from 2-5% of the value of the Roth IRA).
Mistake 4: Not Taking Advantage Of The Spousal IRA For A Non-Working Spouse:
The general assumption seems to be that you cannot contribute to a Roth IRA of a non-working spouse because he/she does not have an earned income and therefore do not have post-tax dollars. FALSE! It is known as a Spousal IRA and entitles a non-working spouse to make contributions to an IRA under virtually the same rules as a working spouse. As long as the working spouse is capable of covering both IRAs – than you have the option of contributing up to ,000 to Roth IRA each year!
Mistake 5: Not Making Contributions Because They Aren’t Tax Deductible:
Roth IRAs do NOT offer tax deductions according to 2020 IRS guidelines, but not contributing to one for that reason is nonsense. The investment earnings that a Roth IRA provides a tax-deferred and extremely beneficial in the long run.
Mistake 6: Not Contributing To An Roth IRA Because Of An Employer Plan:
You are allowed to contribute to a Roth IRA whether or not you participate in another retirement plan through your employer. This provides huge advantages, such as pre-tax and post-tax income tax sheltering, tax deductible contributions from your employer retirement, tax-deferred growth of your investment earnings from not 1 but 2 retirement accounts.
Mistake 7: Place The IRA In A Trust:
Make a trust the actual owner of an IRA causes IMMEDIATE taxation – 10% penalty tax if the IRA holder is less than 59.5. Any money that is placed in a trust from an IRA will have to be reduced by the tax liability upon the distribution of the IRA.
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Top Recommended Books:
Think and Grow Rich – Napolean Hill
https://amzn.to/3djdcdx
White Coat Investor: A Doctor’s Guide to Personal Finance and Investing – James M. Dahle, MD
https://amzn.to/3cfq8RD
The Four Pillars of Investing: Lessons for Building a Winning Portfolio – William J. Bernstein
https://amzn.to/2W1hGzo
A Simple Path to Wealth – J.L Collins
https://amzn.to/3b4FCpQ
The Boglehead’s Guide to Investing – Wiley
https://amzn.to/3dj15gC
**Disclosure: We are not financial advisors, the content on the channel is for informational purposes only and should not construe any such information or other material or other material as legal, tax, investment, financial, or other advice. Invest at your own risk and always do your own due diligence prior to investing.
00:00 – Can you lose money in a Roth IRA?
00:40 – What is the 5 year rule for Roth IRA?
01:11 – What happens to Roth IRA when you die?
01:39 – How do I avoid taxes on a Roth IRA conversion?
Laura S. Harris (2021, February 3.) Can you lose money in a Roth IRA?
AskAbout.video/articles/Can-you-lose-money-in-a-Roth-IRA-215084
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The most important part of our job is creating informational content. The topic of this video has been processed in the spirit of this mission. When judging the content, keep in mind that the scientific presentation of the topic requires a broad perspective which may bother some. Video Rating: / 5
Hello everyone,
When I was a kid, my dad has told me about the reduction of manpower of traditional trades due to the industrialization and modernization of Japanese society, traditional products started to become out-dated and forgotten.
#bamboowork #traditiontechnique #WoodworkingEnthusiasts
However, there’re still many people who spend all of their careers carrying on the tradition. We’d like to honor them as much as we can. So I decided to create a series of video shows about them and their work from the footage available from my friends and myself.
Today, This video will be more attractive because I have edited the script, rewrote the content, new effects work, new music, new footage added and a new creation is created as follows: “Ancient Technology of Making Beppu Bamboo Crafts – Incredible Bamboo Woodworking Skills”
This time our main character is: Shimizu Takayuki from Osaka Prefecture
Shimizu Takayuki born in 1979, Osaka Prefecture Since he was a child, he liked drawing crafts and drawing, and it was fun to shape what he imagined in his head. He grew up in Osaka and went to a local school.
In Southeast Asia and India which visited in the living of such a student life, he was touched various bamboo products of each country, and it was gradually drawn to the charm of bamboo. After returning to Japan, he knew the existence of Beppu bamboo and decided to become a craftsman in Beppu bamboo by graduating from the university. After Bamboo’s training school in Beppu, he entered Disciple into a traditional craftsman, Morigami Hitoshi, and polished his skills. Since then, he has been studying every day to learn more advanced techniques.
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In the video today, we look at why basically every single major movie in Hollywood loses a ton of money on paper, no matter how much it makes. We further look at how the studios actually do this, and in the Bonus Facts how and why major sports leagues do the same.
If you’d like the text version of this or the references, you can find those here: http://www.todayifoundout.com/index.php/2020/06/how-hollywood-studios-manage-to-officially-lose-money-on-movies-that-make-a-billion-dollars/ Video Rating: / 5
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