I Gave a Beginner Investor $800 & He Made $___
Published: 2021-02-09
Status:
Available
|
Analyzed
Published: 2021-02-09
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Tesla stock saw a return of 29.77% within a month and a half.
"the return was 29.77... in a month and a half"
Pending
Google stock achieved an 18.9% return.
"the return percentage was 18.9 percent... for google"
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A credit card is recommended to build a credit score for future borrowing needs.
"so you're not building up any credit score... the first thing i'd say to you is definitely get yourself a credit card because at some point with aspirations and dreams you're definitely going to want to borrow at some stage"
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To build a good credit score, it's advised to spend only 10% of the credit limit on planned purchases.
"if they give you a credit card with a thousand dollar limit then only spend a hundred dollars of it... only on the things you were going to buy anyway"
Pending
Historically, the S&P 500 has yielded around 8% returns over 10-12 years due to compounding, where interest surpasses the principal.
"historically it is about eight percent that's when it starts compounding so you get for about 10 years 12 years and the actual amount of money you're putting in is not as much as the interest that's going in quite often"
Pending
The speaker expresses a desire to witness humans landing on Mars within their lifetime.
"one of the things i really want to see in my lifetime is humans on mars"
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Cryptocurrency experienced significant volatility with a 68% return, resulting in a profit of $135.31.
"my word has that is that flowing it peaks like when you least expect it... return go on big percentage coming 68... the profit i gained was a 135 and 31 dollars"
Pending
The biggest hurdle in investing is starting; a hypothetical scenario suggests that a mandatory initial investment with a five-year lock-up period would encourage widespread participation.
"the hardest thing with investing is starting... if everyone left school and was given 500 and said look you have to invest that you can move it around all over the place you don't have to add to it if you don't want to and you can't have any of it for the next five years all right it would get everyone investing"
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Investing $200 monthly from age 18 until retirement is projected to result in over a million dollars.
"if they were to put from 18 to retirement 200 away every single month until they retired they'd have over a million dollars"
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When seeking employment, it's advised to apply for any available position without being overly concerned about specific qualifications or desired roles.
"apply for anything don't don't worry about what you qualify for what you want to do just apply for anything anything that's out there"
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Asking about career progression and learning opportunities during a job interview can impress potential employers.
"what prospects are there for me to be able to you know move up and get promotion you know or um you know what chances are there for me to be able to learn more on the job"
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Starting a creative endeavor as a side hustle is recommended to test its market viability.
"the thing would be to do as a side hustle to start with just to see you know because it could be a good market for you out there"
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Genuine customer research involves understanding what people are actually willing to buy, beyond the opinions of friends and family.
"customer research that's always really important as well if you just show it to friends and family they're going to oh it's great it's fantastic... your real customer research is what people would actually buy"
Pending
Instagram can be used to build a following and conduct customer research for potential side hustles.
"building up an instagram group i know you've started building an instagram following based around the modeling... and obviously side hustle eventually will be that way"
Pending