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Updated almost 4 years ago on . Most recent reply

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Jacob Gawlik
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Roth IRA or standard or other

Jacob Gawlik
Posted

I'm still in high school wanting to invest in the stock market long term, I was leaning towards Roth IRA.

But I wanted to get some advice before I made the decision, 

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John Morgan
#3 General Real Estate Investing Contributor
  • Rental Property Investor
  • Grand Prairie, TX
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John Morgan
#3 General Real Estate Investing Contributor
  • Rental Property Investor
  • Grand Prairie, TX
Replied

@Jacob Gawlik

I highly recommend Roth IRAs. I started investing in a Roth IRA years ago and like how you can pull money out (only your contributions over the years, not your gains) tax free for any reason before 59 1/2. I pulled out 92k between my wife's Roth IRA and mine a couple years ago (tax free) to buy real estate. I buy stocks in my Roth and use it as my emergency fund. Or RE fund. Lol

  • John Morgan
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