ilmscore | Prediction Details
"if you have $1,000 sitting in your savings account right now ... the third option is you can invest this money ... if you put this money into the stock market now you're trying to grow this money by 7 to 10% a year ... the problem with that is you don't actually make the $100 until you sell your stock ... the second problem with that is the $100 isn't a ton of money it's not going to change your lifestyle either"
By Minority Mindset | November 19, 2023 | Pending
From video
If You've Never Invested Your Money - Watch This 01:34:46 - 01:35:12
Interpreted Prediction
Investing $1,000 in the stock market to achieve a 7-10% annual return will yield only about $100 profit after taxes and selling, which is insufficient to significantly change one's lifestyle or significantly grow wealth.

Prediction Details

Topic
Investment Growth Strategy

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