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MI220: Tax-advantaged Investing w/ Brian Martucci
Episode 367
Published 3 years, 6 months ago
Description
IN THIS EPISODE, YOU’LL LEARN:
- 01:47 - What the differences between a Roth and Traditional IRA are.
- 04:40 - How to decide which account to contribute to each year.
- 09:23 - Which types of securities you should hold in each account.
- 24:45 - When a Millennial may want to consider buying life insurance.
- 28:01 - What the different types of life insurance are.
- 37:45 - How to decide whether to go with a term or whole life insurance policy.
- 40:22 - How life insurance can be used as an investment and when you should consider this.
- 42:48 - What kind of returns you can expect from using life insurance as an investment.
- 44:10 - How to use life insurance to borrow against it and when this makes sense.
- 47:07 - How much life insurance should you buy?
- 49:46 - Should you open a joint/custodial taxable investment account for your kids?
- And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
- Check out Money Crashers.
- How Much Life Insurance Do I Need?.
- Life Insurance for Millennials – Do You Need to Get It and How Much?.
- Backdoor Roth IRA – Definition & How to Make These Contributions.
- Related Episode: Take Control of Your Financial Future w/ Brennan Schlagbaum – MI092.
NEW TO THE SHOW?
- Check out our Millennial Investing Starter Packs.
- Browse through all our episodes (complete with transcripts) here.
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