ilmscore | Prediction Details
"I said okay well let's let's talk about this if you can generate say a 10% cash on cash yield on your money a 10% return on your money which is a really good return especially in this economy it's a really good cash flow on your money meaning for every $100 you invest you get $10 of cash flow or passive income whether it's from stocks or real estate or whatever it might be if you can generate a 10% return on your money how much money would you need to be rich he probably said I think like couple $1,000 or something and I said okay well that means you would need $2 million invested into assets today that way you can generate your $200,000 worth of cash flow is that really what you want to do right now do you have $2 million"
By Minority Mindset | January 21, 2024 | Pending
From video
The Ultimate Guide To Break Out Of The Rat Race & NEVER WORRY ABOUT MONEY AGAIN 01:19:33 - 01:20:15
Interpreted Prediction
To achieve $200,000 in annual passive income at a 10% yield, an investment of $2 million is required, questioning the immediate feasibility for many aspiring to achieve this through passive income alone.

Prediction Details

Topic
Financial Independence Threshold

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