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Why You Only Need a Computer and an Internet Connection to Start Investing Jeff Rose points out a few misgivings he has about investing seriously with a bank.

By Jeff Rose

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

In this video, Entrepreneur Network partner and finance pro Jeff Rose explains why using a traditional bank to open a Roth IRA might be a bad idea. He says that you don't need to go to a bank to start investing when online resources available can help. Rose comments that many people like to use tools like Betterment, Wealthfront and Robinhood to invest using just a computer and an internet connection.

It's important that you're confident about where your money is going and the advice you take is coming from a reliable source. You might think banks or credit unions are reliable, but they might also fail to have the qualifications you need to get the best advice.

Click play to hear more.

Related: Perfection Is a Trap, and It's Keeping You From Being Successful

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Jeff Rose

Certified Financial Planner, Author and Blogger

Jeff Rose is an entrepreneur disguised as a certified financial planner, author and blogger.  He's best know for his blog GoodFinancialCents.com and book, Soldier of Finance: Take Charge of Your Money and Invest in Your Future.  He's also the editor of LifeInsurancebyJeff.com. He escaped a path of financial destruction from dropping out of college with over $20,000 of credit card debt to become a self-made millionaire. His mission is help future generations achieve financial freedom by developing strong money habits and unleashing their entrepreneurial spirit.   

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