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I have to pay just to hold the money in my IRA
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661 Views • Mar 13, 2023 • Click to toggle off description
So I got my invoice from my IRA Custodian today. I use a company called Equity Trust Co. It's amazing how becoming wealthy is expensive. I'm showing you this because I want you to know it costs money to HOLD money. They charge me just to hold the money every year, for STORAGE. People are in business to charge you to assist with your wealth creation and it forces us to take action.
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Views : 661
Genre: Education
Uploaded At Mar 13, 2023 ^^


warning: returnyoutubedislikes may not be accurate, this is just an estiment ehe :3
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100.00% of the users lieked the video!!
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User score: 100.00- Masterpiece Video

RYD date created : 2023-03-14T23:47:57.482717Z
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YouTube Comments - 20 Comments

Top Comments of this video!! :3

@battletillvictory

10 months ago

Not self directed if your paying management fees that 500 will add up over years

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@tomlarge8841

1 year ago

You use to get paid for others holding your money Now you pay for the risk of a third party holding your money 😂

4 |

@ericbellamy277

1 year ago

DO NOT let that go over head!

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@TMoz311

1 year ago

Good stuff brother!

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@757millionaire

1 year ago

$500 * graps air * just to hold the money 😂

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@oohbabybloo

1 year ago

fees of these the of accounts is what holds people back. Think about it…you have to beat inflation and pay fees at the same time. Most actively managed accounts do not beat the stock market. If they say they do be wary. People have to have reasonable expectations with these accounts. But they still are better than holding life savings in a bank.

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@michaeldowning7094

1 year ago

change it to Charles Schwab or Fidelity that's stupid

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@Angeline33540

1 year ago

Can you find another brokerage company? When l left my job Prudential charge me 1%.

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@mutiny_on_the_bounty

1 year ago

now imagine how much money you'd have if you got rid of 3 of them kids and 1 wife. 🤑

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