ilmscore | Prediction Details
"if you have credit card debt you shouldn't be worrying about investing ing your money to the stock market right the stock market is going to get you a five 6 Seven 8 maybe 9 maybe 10% return on your money that is the goal but you're going to also lose your money in the stock market right it's not guaranteed your credit card is costing you 15 16 17 20 25% a year in interest so if you might be able to get a 10% return in the stock market but you're going to pay 25% on your credit card you're going to get a better return by paying off your credit card one year early"
By Minority Mindset | December 11, 2023 | Pending
From video
The Secret To Escaping The Rat Race (Break Out Of The Matrix) 00:08:57 - 00:09:26
Interpreted Prediction
Paying off high-interest credit card debt is more financially beneficial than investing in the stock market, given the significant interest rates on credit cards compared to potential stock market returns.

Prediction Details

Topic
Prioritizing Debt Payoff

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