Roxanne Jones: Take advantage of retirement accounts when they're available at Roth IRA, 401k, 403b. Index funds are notoriously tax efficient and there's not a lot of capital gains getting kicked off as you buy and sell them. She says if you want to go day trader, pick stocks with a portion of it every few months. Jones: The last rule is just like state of course, take the guaranteed increase in your wealth each year.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode