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A Roth IRA is something that every investor should have. Everyone should be investing, and investing into a Roth IRA allows someone to build wealth for their retirement without having to take out taxes when one sells. If one can start investing into a Roth IRA in their 20s, they can take out that money at 65 when they retire and not pay taxes which is very beneficial. However, a lot of people do not get to take full advantage of their Roth IRAs because they buy the wrong stocks and ETFs. Below is some investments that could help one grow wealth in their Roth IRAs. 1. VOO This is an ETF that monitors the S&P 500. By investing into this ETF, one will be able to invest into the top 500 US companies. As these companies continue to grow, so will one's investment. The simple fact is that most investors do not beat the S&P 500. One most likely will not be able to get better returns themselves over a long period of time. 2. VUG This is an ETF that invests your money into growth stocks. These companies are ones that are predicted to have a lot of growth potential and as they grow, so will one's investment. This ETF has accomplished some absolutely amazing returns. 3. FAANG Stocks FAANG is an acronym that consists of Facebook, Apple, Amazon, Netflix, and Google. These companies are likely going to grow over a very long period of time (Netflix being slightly more risky than the rest in my opinion), and if one is building a Roth IRA, these companies are great to hold. 4. SCHD This is a dividend ETF that also has had pretty nice returns for a dividend ETF. On top of the appreciation this ETF has historically provided, it also offers a nice dividend of 2.89%. Having this in your Roth IRA could be a good decision, but it is usually best to invest into higher growth ETFs and stocks with a Roth IRA. Follow us on social media down below! Join our stock picker and get our stock picks directly to your inbox! Join at - patreon.com/financebycwt.
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