Q: How do I manage passwords securely?

Question : How do I manage passwords securely? Answer : I mainly use a password manager/generator where I can store all of my password for different websites. The one I use is LastPass as it also has a Chrome extension that I can easily install in my Chrome browser. This is a must for security purposes. Though it has a free version, what I use is the basic plan and pay approx. $4/month (billed annually). If you are using the same password for everything, or easy to guess passwords, you are putting yourself at risk. LastPass helps you by generating new passwords and saving them for you. Here is a short segment from my chrome extension training video where I discuss about LastPass. How to add LastPass to Chrome: Go to the Chrome Web Store. Search "LastPass" in the search box. Select "LastPass: Free Password Manager." Click "Add to Chrome." Click "Add extension" in the pop-up confirmation window — you should get a confirmation message once it's been installed. If you have any struggles or have any feedback(good or bad) to this FAQ or any others, please let us know as they are always welcome. This will also help the entire team to continue to improve and upgrade the quality of this support documents library. To learn more, visit DotComTruths.com Thank you! The Dot Com Truths Support Team

Question 1

URLs (Web Addresses)?

Accepted Answer

It’s easy to take URLs, or web addresses, for granted because they work behind the scenes in helping us jump around the web. By taking a closer look, we can learn about how websites work and what happens when we click. This video explains URLs and teaches:

How URLs are connected to web servers
What each element in a URL can tell us
How to tell if a website is secure
How URLs can represent how files are organized on a server
How anchors work in navigating to a specific part of a page

Video Transcript:

If you’ve used the web, you’ve seen how website addresses, or URLs, help you move from site to site. If we look closely, there’s a lot more to URLs than meets the eye.

When you visit a web page, what appears on the screen usually lives on a computer called a server. The URL, which stands for Universal Resource Locator, tells your web browser exactly where to find the page or file you want on the server.

Imagine you love a dog photo on a web site and save a web page’s URL that looks like this.

You’re probably used to seeing a subdomain like “www” in front of website addresses. It’s a default that usually isn’t needed for links to work. However, some websites use this part of the URL to connect to a separate part of the website, like support.doggopics.com. And subdomains can be confusing. Criminals may try to fool you by adding a familiar subdomain to their website address.

That’s why paying attention to the domain name is so important. It tells the browser where to find the website’s server. It’s like a street address for finding a house.

After the domain name in the URL, there are words, separated by forward slashes.

But that’s not all. This page was designed with anchors, which means your web browser can go to a specific part of a page. The anchor in the URL can be found after a question mark and includes a hash symbol, like this:

This tells the browser to go the domain, find the right folder, the right page and then, the right part of the page.

As you can see, URLs contain a lot of information if you know where to look.

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This FAQ library was created by Eran Bucai. Eran is an online entrepreneur who is passionate about helping people find success building a profitable business online without the high ticket prices and without the marketing hype.

Eran has a tech support membership which you can learn more about here: DotComTruths.com

Eran helps people choose the best software for their business which you can find out more by visiting [EranFunnels.com/software.](https://eranfunnels.com/software)

Question 2

What is Digital Footprint?

Accepted Answer

Like footprints left on a trail in the woods, our digital footprints leave evidence of what we do on apps and websites. This video explains the concept of digital footprints, why they matter and how to reduce the risk of digital footprints in the future. It teaches:

What it means to have digital footprints
Why digital footprints are tracked and saved by organizations
What actions leave digital footprints
How your digital footprints could be used in the future
How to reduce the risks of digital footprints

Video Transcript:

Let’s pretend, for a moment, that you are a detective trying to solve a crime. You and your hound find the trail of a criminal in the woods and notice footprints. Because of your training, you can tell what direction they were headed, how fast they were going, what size shoe they wear, what kind of shoe, approximate weight and more. This is valuable information for the investigation - the criminal didn’t even know that clues were being left behind automatically.

Something similar happens on the internet. When we visit websites, search for information, leave comments, upload videos, like pages and more, we leave another kind of footprint that’s also valuable. This is your digital footprint.

To understand why your digital footprint is valuable, we have to consider how business works on the web. Organizations depend on collecting and analyzing what people do on their website. That information can help the website, make recommendations, inspire helpful features, connect people, sell products and more.

The organization may also be able to sell the information to advertisers. The bottom line is that your digital footprint is being tracked and saved because it’s valuable.

And leaving tracks is unavoidable. By simply using the web, we leave digital footprints by default. And for the most part they are harmless. However, digital footprints do come with risks.

Unlike a footprint left in the woods, our digital footprints don’t get washed away. Your digital footprint leaves tracks across the web that lasts much longer than we can remember.

That comment you left on a blog five years ago? It’s still there. This means your digital footprint is part of your online identity and doesn’t go away.

The problem is that your digital footprints could be discovered and used to make decisions when you apply for school or a job. What seemed like a funny video to share 3 years ago could seem inappropriate today - and keep you from getting a job.

So, if digital footprints are unavoidable and saved by organizations, what can we do? First, we can choose to be respectful and responsible online. Before posting on a public website, imagine how it would look to a future employer or on the front page of a newspaper.

Second, we can take steps to protect our privacy. This means understanding how our favorite websites and services collect and use our information. Find the site’s privacy settings and choose a level that works for you.

Third, consider having more than one account or persona online. This could be a professional account and personal account. By consciously switching between accounts, you can keep private information private, but still have an online presence that can be found easily.

Our digital footprints can be both helpful and a risk. As you use the web for work school or to be social, keep in mind that your actions are being tracked and it’s your responsibility today to prevent problems in the future.

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This FAQ library was created by Eran Bucai. Eran is an online entrepreneur who is passionate about helping people find success building a profitable business online without the high ticket prices and without the marketing hype.

Eran has a tech support membership which you can learn more about here: DotComTruths.com

Eran helps people choose the best software for their business which you can find out more by visiting EranFunnels.com/software.

Question 3

What are the benefits of Protecting Reputations Online?

Accepted Answer

This video discusses the long-term risks of sharing inappropriate information on the Web. It encourages viewers to “think before you click” and offers tips for being responsible with photos, video and stories. Points include:

Why photos are permanent on the web
Future consequences of sharing inappropriate info
Tips for protecting reputations (personal and friends)
What to do when inappropriate info is shared

Video Transcript:

In the past, doing something embarrassing wasn't a big deal. It happened, and then people moved on. But now that things can be shared on the Web immediately, those embarrassing moments can last forever and impact your reputation and those of your friends.

Let's talk about what happens on the Web. Search engines are constantly scanning it. Their goal is to take a snapshot of every word, picture and video on the web and save it for search results. This means that once a page has been scanned, it may be there forever. Even if the image is deleted from a site, it may still be found in the future - which is when problems can occur.

Think about it this way. If you share videos of yourself or others doing illegal things, or photos that make people look bad, it could seriously harm their reputations. And sometimes it's hard to tell. What seems like a funny photo today, Yaaay! may look very different to someone who finds it the future - Boooo! By understanding a few things now, you can help avoid problems later.

It starts with what you choose to put on websites. Sharing on the Web can be fun and productive. But it could also cause problems. So, it's up to you to think about the people in the photo or story, including yourself, before you share it. Would you want your grandfather to see this photo? Or a future boss? Once you click, you lose control of who can see the photo on the Web. This means your friends have to depend on you to take responsibility for the images, stories, and videos you share on the Web.

Luckily, you don't have to share everything publicly. Find ways to share your life privately without having it scanned by search engines. And be careful using people's names - names are easy for search engines to scan.

Another step is asking your friends to think about what they share on the Web. Let them know that, from now on, you're going to take responsibility. Talk about the risks and what photos could do in the future. Agree to think before you click. This way, you can act goofy today and still have the respect you deserve tomorrow.

Of course, you can't control everything on the Web. If you feel your reputation is at risk, you can take action. Contact the person who posted it and ask them to remove it - they should understand. Taking action today can make it harder to find in the future.

Sharing your life online can be fun and productive, but it can also mean losing some control. You have a responsibility to help protect your reputation and the reputations of those around you. Think before you click.

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This FAQ library was created by Eran Bucai. Eran is an online entrepreneur who is passionate about helping people find success building a profitable business online without the high ticket prices and without the marketing hype.

Eran has a tech support membership which you can learn more about here: DotComTruths.com

Eran helps people choose the best software for their business which you can find out more by visiting [EranFunnels.com/software.](https://eranfunnels.com/software)

Question 4

What is Blended Learning?

Accepted Answer

This video follows the story of a teacher who discovers blended learning and incorporates it into his teaching. It teaches:

A basic definition of blended learning
How the Internet has impacted teaching options
The role of Learning Management Systems (LMS) in blended learning
How blended learning can change how classroom time is used
What factors can ensure success
Why blended learning matters

Video Transcript:

Anyone who attended school before the Internet experienced teaching as a single place, like a building or classroom.

While this is still the case today, the internet means that many students and teachers have two classrooms - online and offline.

This is often referred to as Blended learning because it uses a blend of face-to-face teaching and online, self-directed learning.

To see how it works, let’s meet Alex, a middle school teacher. For most of his career, he would teach a concept in class, assign homework and then evaluate performance the next day during class.

He didn’t have a way to work with students when they were out of the classroom. Those assignments happened without a connection to him.

But now that students have access to the internet, assignments can be completed in a blended fashion, with parts taking place in the classroom, at home, or in another location. This way, Alex can work with students throughout the assignment.

For Alex and other teachers, this happens thanks to new tools like Learning Management Systems that can be accessed on the internet. With these tools, Alex can provide assignments, tools and resources, media, quizzes and discussion spaces in an online classroom.

This online access means that as students complete assignments at home Alex can evaluate their progress and collaborate with the class through online discussions.

Blended learning means that Alex’s class time can be more productive. Because he can arrive with a clearer idea of his student’s progress, he can focus his classroom time where it is needed most.

But this is just one form of blended learning. It can also be a specific combination of offline and online activities, or self-directed assignments where students choose to learn online or off.

Some schools even choose to “flip” their classrooms. Here students access online content at home, and then apply it to assignments or problems in class, with the guidance of their teacher.

Of course, blended learning works best when teachers and students have access to high quality resources and reliable internet connections. Students who are not comfortable with computers may need extra support.

But in most cases, blended learning offers teachers like Alex a way to work with students in both classrooms so his teaching can be more effective.

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This FAQ library was created by Eran Bucai. Eran is an online entrepreneur who is passionate about helping people find success building a profitable business online without the high ticket prices and without the marketing hype.

Eran has a tech support membership which you can learn more about here: DotComTruths.com

Eran helps people choose the best software for their business which you can find out more by visiting EranFunnels.com/software.

Question 5

What are Secure Passwords?

Accepted Answer

Passwords are essential to using the Web and criminals have become very good at guessing them. This video teaches the risks and how to create a secure password and keep it secret, including:

Common risks related to passwords

Video Transcript:

Often, there is really only one thing standing between your sensitive information and criminals - your password. If they get it, they can get into banks accounts and private files, and wreak havoc. For this reason, it's important to know what makes a password strong and secure.

Chances are, you use passwords everyday. To open your computer, to log into your favorite websites, to get work done.

The easy route is to have a simple password that works everywhere. Unfortunately, this can be a problem. Criminals are very good at guessing passwords. Some have computer programs that can make millions of guesses until something works.

And if they already know information about you, it's even easier. Your job is to create a password that is very hard to guess. Here's how:

Your first thought may be to use a pet's name, a birthdate, an address or parts of a phone number. These things are too easy for criminals to discover, so don't use them. Your password should not include info about you.

Thankfully, there are ways to have memorable, but hard-to-guess passwords. Consider this: In addition to single words, phrases can also be easy to remember. Maybe it's a favorite song lyric, or quote. An example is "Jack and Jill Went Up The Hill” That's easy to remember, right?

Well, your password is there - it's the first letter of each word. In this example, this would be your password. That's not something that is easily guessed.

Here's why. First - it's not in the dictionary. This makes guessing it harder. There are about 60,000 words in English. A computer can test out those words pretty quickly, so don't use them.

But there's more. This password could still be stronger by adding upper case letters, numbers or special characters. So this is a very strong password - but there's still a risk.

If you write it down, be careful where you keep it. And be aware that someone can look over your shoulder or find it in your trash. Giving it to loved-ones is also risky - they may not be as cautious as you are. Only you should know your password.

Criminals may also try to fool you into handing it over via phone calls. Never tell anyone your password over the phone.

And be careful when you get an email that asks for a password - it could be a scam. To help avoid problems, don't use the same password everywhere – that’s like having one key that unlocks everything you own. The stakes are high if you lose it.

Also, be careful if you use a computer that is not yours. Let's say you check email using a computer in a store, library or computer lab. You login, check email and walk away. The next person to use that computer now has access to your email account and all the information in it. Always remember to log out of each site you visit on a computer that isn't yours.

Passwords are an essential part of life online - and if we're not careful about keeping them secret, they can cause big problems. By understanding the risks and making passwords stronger, we can feel a little more secure.

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This FAQ library was created by Eran Bucai. Eran is an online entrepreneur who is passionate about helping people find success building a profitable business online without the high ticket prices and without the marketing hype.

Eran has a tech support membership which you can learn more about here:DotComTruths.com

Eran helps people choose the best software for their business which you can find out more by visiting EranFunnels.com/software.

Question 6

How do I manage passwords securely?

Accepted Answer

Question: How do I manage passwords securely?

Answer: I mainly use a password manager/generator where I can store all of my password for different websites. The one I use is LastPass as it also has a Chrome extension that I can easily install in my Chrome browser.

This is a must for security purposes. Though it has a free version, what I use is the basic plan and pay approx. $4/month (billed annually).

If you are using the same password for everything, or easy to guess passwords, you are putting yourself at risk. LastPass helps you by generating new passwords and saving them for you.

Here is a short segment from my chrome extension training video where I discuss about LastPass.

How to add LastPass to Chrome:

Go to the Chrome Web Store.
Search "LastPass" in the search box.
Select "LastPass: Free Password Manager."
Click "Add to Chrome."
Click "Add extension" in the pop-up confirmation window — you should get a confirmation message once it's been installed.

If you have any struggles or have any feedback(good or bad) to this FAQ or any others, please let us know as they are always welcome. This will also help the entire team to continue to improve and upgrade the quality of this support documents library.

To learn more, visit DotComTruths.com

Thank you! The Dot Com Truths Support Team

Question 7

What is Identity Theft?

Accepted Answer

We all use names, account numbers and passwords to verify our identities to organizations, but these can be stolen by criminals and cause us financial ruin. The key to avoiding this problem is awareness and understanding ways to keep our identities safe. This video teaches:

Why our identity is so important in everyday life
What criminals do when they steal a person’s identity
Why sensitive documents are a risk and how to keep them safe
How criminals use phone calls, emails and fake websites to fool people
Why it’s important to review your bills and bank statements

Video Transcript:

Having an identity is just part of being human. Your name, birth date, relationships and more define who you are and help others identify you as a unique person.

The problem is that your identity isn’t very secure without attention. A criminal can easily steal it, pretend to be you and cause serious problems.

Think about it this way… Organizations like banks depend on each customer having a unique identity. They establish this with information like your name, social security number, address and birthdate.

Once your identity is established, it becomes easier to work with the bank, manage your finances, withdraw money, and apply for credit cards and loans. Online, you can use passwords and PINs to access your accounts and personal information.

If a criminal steals your identity, they can fool organizations and access the same resources you can. If this happens, they can change your contact info, billing address and login information so you lose access. Then, they can apply for credit cards and loans that put you in debt and ruin your credit, before you even know there’s a problem.

Identity theft can happen to anyone and it takes years to recover. The key to reducing this risk is awareness.

In order for a criminal to steal your identity they need your personal information like account numbers, passwords, medical records and social security numbers.

This information often appears on documents that criminals may be able to find when we’re careless. Always keep sensitive documents in a safe place and if possible, have a mailbox with a lock. Be careful what you put in the trash and shred any documents that may be a risk.

Your computers and devices can also be risks. Use strong passwords and PINs, and a password manager to help make it easy.

Criminals may also contact you directly, posing as an organization, and fool you into handing over the personal information they need. Remember, organizations like your tax office and banks will NOT call you to ask for personal or account information. Be aware and never give out passwords, PINs or social security numbers over the phone.

The same is true with email and websites, where criminals are very good at appearing official. If an email looks suspicious or asks for your account information, don’t click any links. Just delete it.

Protecting yourself also means paying close attention to bank statements and bills. If something looks out of place, contact the organization immediately.

Above all, remember that your identity is a target for criminals. Don’t make it easy for them and you’ll be able to avoid years of problems.

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This FAQ library was created by Eran Bucai. Eran is an online entrepreneur who is passionate about helping people find success in building a profitable business online without the high ticket prices and without the marketing hype.

Eran has a tech support membership which you can learn more about here: DotComTruths.com

Eran helps people choose the best software for their business which you can find out more by visiting EranFunnels.com/software.

Question 8

What are Web Browsers?

Accepted Answer

What it teaches:

Web browsers are among the most frequently used software on any personal computer or device, yet they are often misunderstood. This video covers the basics of web browsers and explores features and tools that may be new to many users. It teaches:

The concept of the browser as software that makes web pages easy to use
The basic navigation features such as back and history
The use of keyboard shortcuts and menus for accessing features
How browser extensions and add new features
The use of tabs, search and “find” options

Video Transcript:

When you use a computer, software makes it easy to write letters, edit photos, and watch a video. The same is true when you connect a computer to the Web. Software makes web pages useful and easy to navigate. This software is called a web browser.

You open a browser with a click, and it connects you to web pages using web addresses or URLs. You simply type an address in the address bar, or click a link on a web page, and your browser uses the address to find the right page.

Computers and mobile devices come with browsers automatically, but you can also download new ones for free, and even have more than one on a computer.

But browsers do a lot more. To explore the options, we’ll use menus like this and keyboard shortcuts, which make things happen by pressing two buttons at the same time.

For example, with billions of web pages and long addresses, it can be hard to keep track of what’s important to you. A browser can help by remembering where you’ve been over the short term using the back button, or over time with the history menu. And you can add a bookmark for any page to get back to it quickly.

And a browser is a little like a vehicle - you can customize it to make it your own. Instead of new wheels and a stereo, you can add browser add-ons or extensions. These can be downloaded from your browser’s website and plugged right into your browser with a click. But your browser does a lot without extensions.

For example, you may need to see three websites at the same time for comparing movie times. Instead of opening three browsers, you can just open new tabs in a single browser window. As long as tabs are turned on, you can add new tabs from the browser or with shortcuts.

And what would you do without search? Thankfully, most browsers come with a search box built-in. Just enter a keyword here and your browser will take you directly to the results.

Browsers also make remembering passwords easy. When you enter a password, your browser can remember it for the next visit. But be careful, using this feature on shared computers is like giving strangers your car keys.

Oh, and here’s a great shortcut. If you’re looking at a long page of travel info and only care about Hawaii, your browser can search the page. Just “find” it using the “edit” menu or the keyboard shortcut and those words will be highlighted on the page.

And finally, browsers need to be updated regularly. Be sure to install updates when asked. This will keep your browsing safe and sound.

A web browser is your window to the online world and knowing what’s possible can make it work for you.

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This FAQ library was created by Eran Bucai. Eran is an online entrepreneur who is passionate about helping people find success building a profitable business online without the high ticket prices and without the marketing hype.

Eran has a tech support membership which you can learn more about here: DotComTruths.com

Eran helps people choose the best software for their business which you can find out more by visiting EranFunnels.com/software.

Question 9

How do I host videos professionally? (not YouTube)

Accepted Answer

To start with, I want to answer the question of why would you even want professional video hosting?

Typically professional video hosting is applicable when you are setting up a membership site or an online course.

There are software tools that help you with course hosting or membership sites, and some of those provide video hosting along with the service. Example of this is a company like Podia that I personally use, and they provide unlimited video hosting, unlimited courses, and so on, for $39/month.

Another example of this is Kartra, which is an all in one platform for your website, sales funnels, membership site, email marketing and so on. However, this is a classic example of limitations in video hosting. Their cheapest plan is $99/month, but they have a limit of 50 videos total. Their next plan is $199/month, and allows you to have unlimited videos. So it is important to know the pricing and features of whatever software you end up choosing and list out what you actually need.

If you are going to go with a software product like Kartra or Podia, you probably don't need video hosting.

But let's assume you want to set up your website on WordPress or ClickFunnels or EranFunnels. You may want to consider having professional video hosting for your landing page, sales page, webinar page, etc. These services are all great, but the video hosting is simply not included (with the exception of EranFunnels, there's a solution I set up for this exact problem, more on that later).

Professional hosting has hard costs, i.e. the companies who provide this service pay for storage. YouTube is free become it monetizes from advertising, but other companies require paying a subscription. There are a number of companies that provide this service. To name a few along with small input from me about having used them:

Vimeo = Great choice is you want basic video hosting. There are not special features like branding colours for your video play. If you want to see what vimeo looks like, ClickFunnels uses that for their sales pages. Here is an example from the Dot Com Secrets sales page - the video you see there, that's vimeo video hosting.

Wistia = the best choice, but also the most expensive one, a completely over-priced option in fact. It costs $99/month on their smallest plan. It's simply not worth the price in my opinion. Wistia is in fact the company that Podia partnered with. If you pay to Wistia directly, $99/month you get 10 videos limit. If you pay Podia $39/month, you get Wistia video hosting quality for unlimited videos. Makes no sense, but that's why I'm saying there's no point paying Wistia directly. To see an example of Wistia quality video hosting, you can check out a preview of one of my courses.

VooPlayer / Spotlightr = this is a new player in the market but having used their service, it is a good option and a budget option. It was previously called VooPlayer and they either rebranded as Spotlightr or another company bought them - I'm not sure which. Either way, I personally did not like their pricing complexity, there are a lot of variables, and I found the admin office a bit difficult to navigate. However, this is a great option especially if you only want up to 5 videos hosted for example, as at the time of writing this, they have a free plan for up to 5 videos and 1GB limit total. If you want to just host a few videos, it's a good option. Like I said, I'm not a huge fan of their player, but it's a good budget option for professional video hosting.

Vidello = I saved the best for last. This is the one that I personally use. I pay $297/year. Their affiliate program is set up so that buy using an affiliate link, you actually get it cheaper ($22/month). I have a full video tutorial showing the software and the inside.

Since the paid plan let's you have 200 videos, you may not need that much. Because of that, I set up a solution with EranFunnels, so users of EranFunnels can buy video hosting from me directly (hosted by Vidello) for $12/year per video. Usually this makes sense if you only need 1-5 videos. Anything beyond that, you might as well go with the full Vidello plan yourself.

To summarize:

Option 1: Set up your entire tech set up with a company like Podia or Kartra and not have to worry about buying video hosting separately.

If you want to discuss your personal circumstances, feel free to email me directly to support@eranbucai.com

Question 10

What are the Benefits of Saving for Retirement?

Accepted Answer

This video is designed to teach the benefits of using a retirement account for financing a comfortable retirement. It teaches the basic ideas behind retirement accounts, including:

Why saving now matters in the future
How 401ks and IRAs grow over time
How these accounts are different from normal investments
The tax benefits of using a retirement account

Video Transcript:

One day, we all want to retire. After working for most of our lives, we imagine a time when we can stop working and have choice in how we spend our time. Because we're all living longer than ever before, it's going to take even more money to support our retirement. The secret to a financially secure retirement is to start saving now.

Let's meet two retirees to make our first point.

This is Simon. He and his wife worked hard to support their family and now they're retired. They're happy, but feel insecure about money. An unexpected expense could put them in debt. To help, Simon has a part time job at a hardware store. He'd prefer to be fishing or playing with his grandkids, but he doesn't have a choice.

Next, let's meet Caroline. Like Simon, she and her husband worked to support their family and now they're retired. They live a relatively carefree life. They travel, spend a lot of time with family and don't worry too much about money.

Both Simon and Caroline have a long life ahead of them, but Caroline and her husband learned early in life that saving a little bit of money over a long time can make sure they retire comfortably. This wasn't the case for Simon and his wife. They started saving too late.

To retire like Caroline, the first step is understanding how to save for retirement. The basic idea is to start saving now and save as much as possible over a long term.

To start, you'll need a place to save it. It's usually called a retirement account and two examples are 401ks and IRAs. Many employers offer a 401K program or you can open an IRA yourself. Once you have an account, you add a little bit of your income to it on a regular basis so the money you contribute over the years, plus what it earns, creates a fund that's ready to support your retirement. These accounts are meant for a lifetime of savings, so don't plan on touching it until retirement.

To get an account started, you'll work with a representative to decide on an amount that you can contribute to the account with each paycheck. This way, you don't have to think about it - your retirement account grows automatically as long as you have income. And some employers even offer to contribute to your account too. That's free retirement money that will buy a lot of maitais. And remember you have to pay tax on your income. By contributing part of your income to a retirement account, there's less income that's taxable with each paycheck.

The money in these accounts is usually invested in the stock market like a normal investment, but retirement accounts are different. Here's why.

When you invest in stocks normally, they hopefully grow in value. Each year, you have to pay taxes on the money as it grows. That's tax money that could be making you more money. Retirement accounts are designed to protect you from having to pay taxes on your money as it grows year after year. This way, your money can grow faster over the long term. Of course, you'll still have to pay taxes, but most retirement accounts make it possible to delay paying taxes until you withdraw the money. But even considering these taxes, you've been able to build a fund that will support a long and comfortable retirement.

The best thing you can do is start a retirement account as early as possible and contribute as much as you can to your account.

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This FAQ library was created by Eran Bucai. Eran is an online entrepreneur who is passionate about helping people find success building a profitable business online without the high ticket prices and without the marketing hype.

Eran has a tech support membership which you can learn more about here: DotComTruths.com

Eran helps people choose the best software for their business which you can find out more by visiting EranFunnels.com/software.