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Vivian Tu

πŸ‘€ Speaker
1937 total appearances

Appearances Over Time

Podcast Appearances

The School of Greatness
Former Wall Street Trader Reveals The Money Truth No One Taught You | Vivian Tu

Right.

The School of Greatness
Former Wall Street Trader Reveals The Money Truth No One Taught You | Vivian Tu

And you can do that legally.

The School of Greatness
Former Wall Street Trader Reveals The Money Truth No One Taught You | Vivian Tu

The government wants you to do that.

The School of Greatness
Former Wall Street Trader Reveals The Money Truth No One Taught You | Vivian Tu

That's how it's written in the tax code to incentivize you to do it.

The School of Greatness
Former Wall Street Trader Reveals The Money Truth No One Taught You | Vivian Tu

So take advantage.

The School of Greatness
Former Wall Street Trader Reveals The Money Truth No One Taught You | Vivian Tu

Don't pay those taxes.

The School of Greatness
Former Wall Street Trader Reveals The Money Truth No One Taught You | Vivian Tu

make sure you are saving for retirement and not paying your taxes because it's legal.

The School of Greatness
Former Wall Street Trader Reveals The Money Truth No One Taught You | Vivian Tu

And I think I, moving on from retirement, is the part that everybody misses.

The School of Greatness
Former Wall Street Trader Reveals The Money Truth No One Taught You | Vivian Tu

Everybody puts their cash into those retirement accounts, into their brokerage accounts, and they're like, doing a great job, I'm done.

The School of Greatness
Former Wall Street Trader Reveals The Money Truth No One Taught You | Vivian Tu

That's it.

The School of Greatness
Former Wall Street Trader Reveals The Money Truth No One Taught You | Vivian Tu

But no, no, no.

The School of Greatness
Former Wall Street Trader Reveals The Money Truth No One Taught You | Vivian Tu

Investing is not putting cash into those accounts.

The School of Greatness
Former Wall Street Trader Reveals The Money Truth No One Taught You | Vivian Tu

It's actually buying stuff with that money.

The School of Greatness
Former Wall Street Trader Reveals The Money Truth No One Taught You | Vivian Tu

And people forget to do this all the time.

The School of Greatness
Former Wall Street Trader Reveals The Money Truth No One Taught You | Vivian Tu

No, with that money.

The School of Greatness
Former Wall Street Trader Reveals The Money Truth No One Taught You | Vivian Tu

So say you have a Roth IRA and you put $5,000 into that Roth IRA.

The School of Greatness
Former Wall Street Trader Reveals The Money Truth No One Taught You | Vivian Tu

I know people who have put that money into their Roth IRA for years.

The School of Greatness
Former Wall Street Trader Reveals The Money Truth No One Taught You | Vivian Tu

And they never allocated those dollars anywhere.

The School of Greatness
Former Wall Street Trader Reveals The Money Truth No One Taught You | Vivian Tu

That just sat in a cash fund.

The School of Greatness
Former Wall Street Trader Reveals The Money Truth No One Taught You | Vivian Tu

And it didn't grow.