ilmscore | Prediction Details
"if you have a 1% fee you're not going to end up with a million dollars you're going to end up with right around $750,000 because a small little 1% fee isn't just a 1% fee you pay once it's a 1% fee you pay on every dollar that you invest which means you have less money invested and then every dollar that your dollar grows to each and every year"
By Minority Mindset | April 21, 2024 | Pending
From video
MASTERCLASS: How To Go From $0 To Millionaire - Investing For Beginners 02:07:46 - 02:08:16
Interpreted Prediction
A 1% annual fee on investments can reduce a $1 million goal to approximately $750,000 over time due to compounding fees on invested and grown capital.

Prediction Details

Topic
Investment Fees Impact

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