ilmscore | Prediction Details
"your savings are losing buying power so why do we save money we save money to protect us against emergencies we don't save money to try to become wealthy that's what you have to understand about the savings now you should have a goal of how much money to save you want to save somewhere generally between three months and 12 months worth of expenses the amount of money is going to depend on where you are in life if you don't mind taking on higher risk if you don't have any financial responsibilities you don't have kids you don't have a spouse well then you might only want to save three months worth of expenses and invest the rest of the money"
By Minority Mindset | September 17, 2023 | Pending
From video
How To Stop Paying Taxes (Legally) & Build Your Financial Freedom | Jaspreet Singh 00:48:48 - 00:49:28
Interpreted Prediction
While savings are essential for emergencies, they lose purchasing power due to inflation. Investments, particularly in assets like real estate, are better suited for wealth creation and potentially hedging against inflation.

Prediction Details

Topic
Real Estate as a Hedge Against Inflation

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