ilmscore | Prediction Details
"Now, the historical stock market return average is somewhere between 7 to 10% a year. Now that doesn't mean that's what it goes up every year. Sometimes it goes down less. Sometimes it falls. Sometimes it goes up a little bit more. But if the average is 7 to 10% a year and you're paying 18% on your credit card, it does not make sense for you to try to get a 7% return in the stock market when if you pay down your credit card one year early, you could save 18% a year in interest on your credit card."
By Minority Mindset | October 11, 2023 | Pending
From video
The Secrets Of The Rich Exposed | Jaspreet Singh 00:08:06 - 00:08:31
Interpreted Prediction
While the historical average stock market return is 7-10% annually, it is financially more advantageous to pay off high-interest debt (e.g., 18% credit card interest) before focusing on stock market investments.

Prediction Details

Topic
Stock Market Returns

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