ilmscore | Prediction Details
"the thing that you have to understand about the speed of your money is that more speed comes with more risk right here in your savings account you have no risk you're taking a hundred dollars a thousand dollars you're depositing in your bank and you can get it whenever you want so you're rewarded with very little returns if you put your money into a CD now you have a little bit better returns but you still have very little risk because the only real risk with your CD is you can't access your money for a certain period of months or certain period of years now if we go down this with some more speed into these passive Investments like the stock market or real estate you have more speed but you also have more risk you're not guaranteed to make money in the stock market or with real the state sometimes the markets will go up sometimes they will go down you're not guaranteed to make 10 sometimes it's going to be higher sometimes it's going to be lower so more speed more risk and when you come down here to the business where you have the most potential speed you also have the most risk"
By Minority Mindset | October 1, 2023 | Pending
From video
The Secret To Actually Earning Passive Income | Jaspreet Singh 01:03:07 - 01:04:03
Interpreted Prediction
There's a direct correlation between the speed at which money can grow and the level of risk involved. Savings accounts offer low risk and low returns, CDs offer slightly better returns with minimal risk, passive investments like stocks and real estate offer higher potential returns with increased risk, and starting a business offers the highest potential returns but also the highest risk.

Prediction Details

Topic
Investment Speed and Risk

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