The Only 6 Financial Accounts You’ll Ever Need (And How to Actually Use Them)

I’m a former financial advisor and portfolio manager, and these are the only 6 financial accounts you will ever need. Plus the part nobody teaches: exactly how to USE each one. What belongs inside it, how much to keep there, and the one expensive mistake almost everyone makes with it.

In this video:

1) Why your checking account should make you feel slightly poor (that means you’re doing it right)

2) The high-yield savings trap, and why I DON’T keep a 6-12 month emergency fund in cash

3) The most underrated account in personal finance, and the “tax location” free lunch almost nobody eats

4) The guaranteed 50% return millions of people leave on the table every year

5) The backdoor Roth: how “making too much” for a Roth IRA is only half true

6) The only triple-tax-free account in the entire U.S. tax code (most people who have one don’t know what they’re holding)

(And why you don’t need whole life insurance, annuities, or anything that sounds like a Hogwarts spell to be financially successful…)

Six accounts, each with one job, as true in thirty years as it is today.

This is my setup and my reasoning; it is not financial advice, as your situation is yours, so run your own numbers.

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I’m not your financial advisor, and this isn’t financial advice. It’s one guy, six accounts, and a bloodhound that sleeps for 23 hours a day.

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