ilmscore | My Worst Financial Mistake (The #1 Wealth Killer)

Predictions from this Video

Total: 2
Correct: 0
Incorrect: 0
Pending: 2
Prediction
Topic
Status
Investing $10,000 annually with an assumed 7% market return can lead to accumulating $100,000 in approximately 7.84 years.
"if you're able to save an extra $10,000 a year and you invest that into the markets which historically has generated a 7% return in 7.84 years you'll have your $100,000"
Investing Returns
Pending
Consistently using credit cards responsibly and paying them off for approximately two years can establish a solid credit score with multiple positive trade lines.
"within about 2 years of doing that and paying it off on time in full always no matter what you'll have a whole bunch of positive trade lines on your report and by doing so you'll probably have a pretty decent credit score"
Credit Score Development Timeline
Pending