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When I first started investing with an app at 21, I thought I was doing the right thing. I've since learned I had it all backward

27 days ago   |   By Business Insider

I started out investing simply to grow wealth over time, but using an app that only offered one type of account meant I ended up investing out of order.
After several years, I realized that I wasn't actually investing in the best type of account for my goal.
For long-term wealth building, a tax-advantaged retirement account like a Roth IRA is a better option.
I'll be able to keep more money in the future by switching my focus from my individual taxable investment account to an Roth IRA.
Use Blooom to analyze your 401 today and see how you can grow your retirement savings »
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