In this episode of Her Money Revolution, Angela Brooks, CFP®, offers clear insights into essential investment terms and strategies that drive long-term financial growth. Angela breaks down the basics of IRAs, distinguishing Traditional from Roth options, explains 401(k) contribution limits for 2024, and highlights critical concepts like asset allocation and diversification.

Also, learn about different investment vehicles—ETFs, mutual funds, and index funds—and understand the importance of keeping fees low to enhance returns. Angela outlines common investment mistakes to avoid, from not maximizing employer matches to overlooking hidden fees, and emphasizes the importance of starting early, investing consistently, and reviewing portfolios regularly.

Gain practical steps to strengthen your financial foundation and prepare for future growth. Tune in, subscribe, and share with others looking to boost their financial knowledge!

Episode Highlights:

• Key differences between Traditional and Roth IRAs for strategic retirement planning.
• 2024 contribution limits and maximizing employer match benefits.
• Structuring portfolios to meet growth, stability, or income needs.
• Understanding Investment Types: A straightforward guide to ETFs, mutual funds, and index funds.
• Tips to maximize employer match, avoid excessive fees, and stick to your asset allocation.
• Effective Investment Strategies and Avoiding Common Mistakes

Connect with Angela:

Website: https://hermoneyrevolution.com/

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Financial Resources: https://hermoneyrevolution.com/resources