ilmscore | Prediction Details
"the reason why I want to do this before I think about investing my money before I think about putting my money in the stock market or doing any of that other stuff is because I know that these credit card companies if I have credit card debt is costing me 15 20 25 28% a year and interest versus the historical stock market return over the last century is something like 10% a year so now if I can work to pay down my credit card debt one year faster I'm going to get a better return than investing my money in the stock market"
By Minority Mindset | May 21, 2024 | Pending
From video
MASTERCLASS: How To Become A Millionaire (Step By Step) 00:30:28 - 00:30:53
Interpreted Prediction
Paying down credit card debt yielding 15-28% annual interest provides a better guaranteed return than investing in the stock market, which historically averages around 10%.

Prediction Details

Topic
Debt management

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.