ilmscore | Luxury Purchases Predictions
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Accuracy

Recent Predictions

Total: 7
Correct: 1
Incorrect: 0
Pending: 6
Unrated: 0
Prediction
Author
Predicted at
Status
Video
A rule for purchasing luxuries: one should be able to afford to buy five units of an item before considering the purchase of a single unit.
"Rule number two, when it comes to luxuries, if you can't buy five of them, you can't afford one of t..."
Sep 30, 2025
Pending
With $10 million, a used Lamborghini is affordable, but a new one is not. International first-class travel is possible, but private jet chartering requires cost-sharing.
"Like, sure, you could easily go out and buy a 2014 used Lamborghini Huracan, not have to worry about..."
Apr 28, 2025
Correct
A 'rule of five' for luxury purchases suggests that one should only buy an item if they can afford to buy five of them.
"if I cannot buy five of them I cannot afford one of them"
Oct 5, 2024
Pending
A 'rule of five' for luxury purchases suggests one cannot truly afford an item if they cannot buy five of them with cash.
"if I can't buy five of them I can't afford one of them"
May 28, 2024
Pending
When investment cash flow exceeds expenses, one can reduce aggressive reinvestment and begin using the excess cash flow.
"once this cash flow that you're generating is exceeding your expenses now you can take your foot off..."
Mar 9, 2024
Pending
The 'rule of five' suggests that to afford a luxury item, one must be able to purchase five of them with available cash reserves, meaning a $10,000 Rolex requires $50,000 in savings.
"if I can't buy five of them I can't afford one of them especially in this phase now that's tough if ..."
Mar 9, 2024
Pending
Purchases of luxury items become affordable when funded by investment cash flow, as this money is 'easier earned' than income from direct labor.
"now at this point when you can buy the things that you want you want to buy that $10,000 Rolex you w..."
Mar 9, 2024
Pending