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Sorry if this is a dumb question, I have no one to teach me about finances and the answers I’m getting from Google are still a little hard for me to understand.

I decided in April that I wanted to open a Roth IRA through Vanguard. I put $50 in it initially because I didn’t know how it worked yet and didn’t want to put a ton of money in and somehow mess it up. I went back in today and my account is at $0. My transaction history says that the $50 was “swept in” on 4/8 and “swept out” at 4/13. The 4/13 transaction is the last item on the history.

What does this mean? Where did my money go? Please explain it like I’m five. Also, any further advice on how to efficiently use a Roth IRA would be helpful. I’m 21, newly graduated, and come from a family of poor financial planners.



Submitted July 02, 2020 at 09:01PM by Positive-Garlic https://ift.tt/38ltqkS

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