What Is A 401k? | 401K Investing For Dummies

Описание: What is a 401k? Should you invest in one? How much to contribute to 401k? What is a 401k match? These are some of the questions we'll answer in this video.

I'll be using real-life examples to explain what a 401k is, how they work, how you can use them to get cheap loans, and most importantly, how you can use them to maximize your income. Depending on your situation, you could use a 401K to increase your income by as much as 19%! All without having to do any extra work!

Unfortunately most people have no idea how to use a 401k or even what it is. It's akin to getting a job and asking for help filling out the W4. Hilariously people will say, "Oh I'm not allowed to help you with that." No sir, you don't know HOW to help me with that, lol.

It's alright though, hopefully after watching this video, you'll walk away with extra information that will help you bring home more money while at the same time, begin investing in your retirement as well as in stocks (or more appropriately, funds!)

As always if there was anything that confused you, please say so in the comments! Sometimes us professionals get used to our jargon and forget that not everyone studied finance in school, so please, if you have questions ask! There is no silly question.

The more feedback I get, the better future videos will be.

Thanks again!