Where I Invested My Crypto Profits.

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Legal Disclaimer: I am not a financial advisor nor is any content in this video presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

Intro:
• Invest crypto profits
• doge, shiba inu, nfts, defi, robinhood, elon musk
• year of finance
• 9-5 lifestyle
• Where to put those profits?
• Advice not just for crypto enthusiasts
• 4 strategies
• emergency fund
• roth ira
• out of retirement mutual funds
• taxes.

Emergency fund:
• what is an emergency fund
• true emergencies
• $10,000
• Easy access
• money market
•
Roth ira
• Individual retirement accounts
• Nest egg
• Traditional vs roth ira
• Fidelity no account fees or minimums
• Annual cap

Investing the maximum over three years is $18k and if I keep doing this until the age of 65 my principal of $274k will grow to over $8M in tax free money. This is why compounding interest is the 8th wonder of the world.

Out of retirement investing:
• Maxed out of roth
• More diversity
• Do not invest in things you don’t know
• I have over $100,000
• Types of mutual funds
• which mutual fund do I pick
• rate of inception, annual return,

taxes:
• save for taxes
• set up llc
• get an accountant
• sep ira