Not Me, But You!

Sea: 3-Ep-#40 - Magnificent 7 Growth Stocks Explained (Compared to Dividend Assets)

Art Season 3 Episode 40

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0:00 | 38:57

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Season 3 Episode #40. Not Me, But You! Podcast 

Check out my new YouTube channel with the same name... Not Me, But You!...coming soon to YouTube! 

Email me at WaypaToday@gmail.com. Follow/message me on X at: Waypa Today 

We have an honest discussion of Magnificent 7 stocks...what the cost of one share is and how likely it is that we will become wealthy based on growth stocks alone. 

Compared to dividend/income stocks which pay us money every week/every month/every 3 months. 

We discss Roth conversions: where we can move cash/assets FROM our Traditional IRA into our ROTH IRA! We are NOT limited in the AMOUNT of money/assets we can move in this manner! Roth conversions are SEPARATE from our yearly CONTRIBUTION limits that we can add to our Roth IRA each year. 

The interest rate we earn on our money is CRUCIALLY important. Are you aware that the dividend yield of MOST Mag 7 stocks is LESS than 1% per year!! 

Have courage today to pick one thing, and work on your dreams. We will talk again soon. 

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I'm not a financial advisor. This podcast is for education/entertainment purposes only. You will need to do your own research and accept responsibility for the results of any money you choose to invest. I love using Schwab.com to buy/sell stocks/ETF's/closed end funds/options. Schwab has a very user friendly app/website and their customer service is excellent. I can easily get to speak to a human being whenever I have questions.