ilmscore | Prediction Details
"this is what has destroyed so many investors even the ones that have become multi-millionaires this is the reason why so many investors will then end up bankrupt is because you stop living off of the income and you start living on the equity when you start living off of the equity this is what makes people go bust"
By Minority Mindset | July 14, 2024 | Pending
From video
Investing Mistakes That Will Cost You Thousands - Don't Do These 7 Things 00:20:55 - 00:21:12
Interpreted Prediction
A significant reason for investor bankruptcy is living off of equity (borrowing against assets) rather than income generated from those assets.

Prediction Details

Topic
Living off Equity vs. Income

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