ilmscore | Prediction Details
"if you do that for the next 10 years while you're working I do think your goals will be attainable uh you know 5 million 10 million 1 million it obviously depends on how much money you end up bringing in but the fact is as long as you are doing those two things my brother you have no I that is the hardest thing to do literally save and then make a plan and stick with it so if you can make a plan right now saying I'm going to save 20% Which is aggressive and you're not going to gamble away half of it on options and then you're going to put it into both growth names and value and like I'm saying if you don't want to focus and like you you you may be until you get the experience and you don't want to get bogged down by like picking and choosing literally just go and buy this spy every month you deposit you buy you average into it and then maybe after a year or two you might want to buy some cheap stocks and that's something I would do right now I would I would maybe put 75 % on spy and Vu if you really want to be like you know fiscally conservative and then take 25% of that 20% savings and then just go buy some of the names that are at 20-year lows right now fizer Nike Starbucks I mean [ __ ] you can even go for a McDonald's which is a little higher if you wanted to but do you get the idea of what I'm saying here so but when it's all said and done I really think if you make this plan today start saving the money and start allocating it to this then you're you're going to be good to go and I I think it's really and like I'm saying use my portfolio as a model but you could do it really safe you don't have to pick and choose you're studying for college you know what I'm saying you're about to be a resident so it's like just buy the Spy go buy SPX or Vu again until you get that or maybe if you see me buying an extreme value play I I wouldn't be I wouldn't hesitate to buy a little bit of it you know what I'm saying like some of these plays that I'm going after there's a reason I'm buying Nike at a at a 10year low fiser is at a 20-year low even Intel when we bought it was at a was at a 20e low you know what I'm saying so I wouldn't be too scared of those but to make sure you get the ball rolling and rolling safely and compounding you could put a majority on Vu and the spy and call it a day and that's it"
By Stock Market Live | July 10, 2024 | Pending
Interpreted Prediction
For someone aiming for $5M in investments, saving 20% of income for the next 10 years and allocating 75% to broad market ETFs (SPY, VOO) and 25% to undervalued stocks (PFE, NKE, SBUX, INTC, MCD) is predicted to make their financial goals attainable.

Prediction Details

Ticker

Comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.