ilmscore | Prediction Details
"in the beginning I call it a decade of sacrifice in the beginning it is the most difficult part because in the beginning you got no returns a 10% return on $100 is $10 and it's going to take you a whole year of growing your money by 10% to earn $10 which is really no money at all but when you have more dollars working for you that 10% return can mean a lot more like a 10% return on $10,000 is $11,000 still not that significant in the grand scheme of things but it's a lot more than $10 a 10% return on $100,000 is $10,000 and a 10% return on a million doar is $100,000"
By Minority Mindset | August 4, 2024 | Pending
From video
"How Do I Invest If I'm Broke?" 00:02:45 - 00:03:24
Interpreted Prediction
It will take a decade of sacrifice to build significant wealth through investments, with initial returns on small amounts being negligible but growing substantially with larger capital.

Prediction Details

Topic
Investment Strategy

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