ilmscore | Prediction Details
"and now you have many multiples more debt than what the property or this investment is worth 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"
By Minority Mindset | July 14, 2024 | Pending
From video
Investing Mistakes That Will Cost You Thousands - Don't Do These 7 Things 00:20:53 - 00:21:04
Interpreted Prediction
A situation where debt significantly exceeds the asset's value, often resulting from living off equity rather than income, is a primary cause of investor bankruptcy.

Prediction Details

Topic
Investment Risk

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