[00:01] investing in an S&P 500 ETF is all you need to do within an IRA or a Roth IRA. It's the 500 biggest US companies in one fund, and it's averaged about 8 to 10% a year for decades. It's Warren Buffett's strategy for most investors, and with
[00:15] it, you will quietly beat the majority of professional hedge fund managers. The most popular ones are VOO from Vanguard, SPY, and also FXAIX from Fidelity. Now, why do we want them in IRA specifically? Well, usually taxes. So, in a regular
[00:30] every gain gets taxed along the way, for decades. In an IRA, your money gets to compound completely undisturbed, and in a Roth IRA, you already paid the taxes going in, so every dollar that
[00:43] one thing people forget is that they put money into the Roth IRA or the IRA, but actually have to invest the money, because if you just contribute to it, it strategy for beginners, but also advanced investors. I know people with
[00:59] tens of million dollars who just still follow this strategy.