ilmscore | The 6 BEST Investments To 10X In 2022

The 6 BEST Investments To 10X In 2022

Predictions from this Video

Total: 19
Correct: 0
Incorrect: 0
Pending: 19
Unrated: 0
Prediction
Topic
Status
Investing in index funds at the start of each year is predicted to yield better returns than actively managed funds.
"if all you do is make this one single investment the beginning of January every single year you're probably going to make a lot more money than your friends over at Wall Street bets"
SPY
Pending
A 5% allocation to Bitcoin in a traditional portfolio would have increased cumulative returns by 65% since 2014.
"just a five percent allocation to bitcoin would have boosted the cumulative return of a traditional portfolio by 65 since 2014."
BTC
Pending
A portfolio with only 3% Bitcoin allocation saw a 50% increase in value.
"their best performing folio only contained three percent Bitcoin and that boosted their accounts value by 50"
BTC
Pending
The safest cryptocurrency investment strategy is to invest in the top 10 cryptocurrencies by market cap and hold them long-term.
"most data shows that you're best off to sticking with the top 10 cryptocurrencies by market cap and then doing absolutely nothing"
BTC
Pending
Consistent weekly investment of $100 in Bitcoin and Ethereum over the past five years would have yielded 780% and 2623% returns, respectively.
"Bitcoin and ethereum which throughout the last five years would have given you a 780 percent and a 2 623 percent return respectively just by investing a hundred dollars a week consistently"
ETH
Pending
Investing lump sums immediately is statistically more profitable than waiting for market dips.
"Vanguard found that you're going to make more money investing everything all at once immediately than waiting for the perfect time to buy an even lower"
Market Timing
Pending
Stock prices reflect future expectations; buying into hype often means paying a premium for already public information.
"the current share price is often a reflection of the current financials multiplied by its future expectation if the expectation is that a company is soon about to be worth five times their current trading price then most likely you're already paying a premium for that public information"
Individual Stocks
Pending
Maxing out a Roth IRA with annual contributions of $6,000 and a 7% annual return could result in over $1.37 million tax-free by age 60, avoiding significant capital gains taxes.
"by the age of 60 years old you would have one million three hundred and seventy one thousand dollars completely tax-free if you had done this in any other account you would be taxed on that one million one hundred and thirty one thousand dollars worth of profit"
Roth IRA
Pending
Given the likelihood of rising taxes, it's advisable to open tax-advantaged accounts now to save money.
"chances are taxes are only going up by the time we're older so now is the time to open this account and save as much money as you can today"
Taxes
Pending
Cryptocurrency is a potentially great investment for 2022, but only a small portfolio portion should be allocated, focusing on the safest and largest coins.
"cryptocurrency can be a great investment than 2022 but only invest a small portion of your portfolio and stick with the safest largest most established coins out there"
Cryptocurrency
Pending
A Rolex Daytona outperformed the stock market in 2021.
"a Rolex Daytona has outperformed the stock market in 2021."
Collectible Cars
Pending
A 2005 Ford GT appreciated 25% in value within nine months.
"this 2005 Ford GT nine months ago because not only is it a fun car to drive on the weekends but it's also worth about 25 percent more than what I paid for it"
Collectible Cars
Pending
Manual transmission Lamborghinis, six-speed F430s, and SLS AMG Mercedes are expected to increase in value due to their increasing rarity.
"the same thing could also be said about manual transmission Lamborghinis a six-speed F430 or an SLS AMG Mercedes as they become more and more rare"
Collectible Cars
Pending
It is advised not to invest more than 5% of one's net worth in collectible assets due to their illiquidity.
"don't recommend investing more than five percent of your net worth and collectible assets just in case something happens and you need the money"
Alternative Investments
Pending
Real estate is projected to be the primary investment for the speaker in the upcoming year.
"this is where I plan to invest most of my money throughout the next year"
Real Estate
Pending
Purchasing worn-down properties and renovating them can significantly increase their market value.
"I would purposely look for places that were a bit worn down that were old and with a few months of work they could be turned into looking brand new and that will increase the property's value in the process"
Real Estate
Pending
A strategy of buying a two-unit building, renovating it, living in one unit, and renting out the other can cover all living expenses.
"buying a two unit building fixing it up moving in one side and then renting out the other to cover my entire cost of living"
Real Estate
Pending
Real estate serves as a hedge against inflation, as the decreasing future value of money due to inflation makes long-term mortgage payments easier to manage.
"real estate is a great hedge against that that's because when you get a loan from A bank you're borrowing money and then paying it back over 30 years but over 30 years the value of your money in the future is going to be worth a lot less than it is today thanks to inflation making that a lot easier to pay off over time"
Real Estate
Pending
Depreciating a $275,000 property over 27.5 years can make the first $10,000 in earnings tax-free.
"depreciate the value of the property over 27 and a half years so if the property's worth 275 000 that essentially means the first ten thousand dollars you make in that property is completely tax-free"
Real Estate
Pending