math: If your tax rates stay the same it does not matter if you pay tax first and then the remainder compounds, or if it all compounds and then you pay tax later. Notice "remainder" and "all" - the advantage of the roth outside of tax rate changes, is you can put more into the roth to grow without the implied cut for future taxes. In other words, $7000 into a Roth is worth more in the future than $7000 into a tax deferred IRA. But if your tax rate is 20% and that means you can put $7000 into a tax deferred IRA or only $5600 into a Roth because of taxes now, the only way the Roth wins is if your future rate is higher than 20%. However, if you can eat the taxes now and put $7000 into the Roth, the Roth will be worth more in the future because you get to keep it all. (And the whole uncertainty of future tax rates leads me to favor the Roth.)

@CPATuttle

2 ай бұрын

Right. Thank you for watching and commenting

Congratulations man, that's huge

@CPATuttle

2 ай бұрын

Thank you Kyle!

I just stumbled on your video and I have to say, congratulations man! Massive win! Quick question: how did you get good at investing? Do you have a roadmap you think a newbie should follow? Really interested in learning how you approach investment research and everything. Thank you!

@CPATuttle

2 ай бұрын

I think investing is mostly researching the top future trends in highest demand, and matching it with the companies that have the best probability of earning money from those trends

Bubble bros 20 years ago: Hey bro! I max my contributions into Haliburton and Enron! Look at you losers holding the S&P 500!

If you put 7000$ in Roth and you put 7000$ in traditional you put more into Roth that’s the difference