ilmscore | 10 Years of Investing In 10 Minutes

10 Years of Investing In 10 Minutes

Published: 2022-02-14
Status: Available | Analyzed

Predictions from this Video

Total: 11
Correct: 0
Incorrect: 0
Pending: 11
Unrated: 0
Prediction
Topic
Status
To be considered rich and achieve financial independence, one needs an investment portfolio equal to 25 times their annual expenses, assuming a 4% annual return.
"take your annual expenses and you multiply by 25. ... 750 000 invested at 4 is how much money you need to be considered rich"
Financial Independence
Pending
Using the Rule of 72, investments in the stock market that yield 7% annually will double in approximately 10 years.
"72 divided by 7 is roughly 10. 10 years is how long it'll take for the stock market to double your money"
Compound Interest - Doubling Time
Pending
If the stock market returns 28.6%, investments would double in approximately 2.5 years, as calculated by the Rule of 72 (72 / 28.6).
"last year the stock market returned 28.6 which is huge at that rate it would take the stock market roughly two and a half years to double your money"
Compound Interest - Doubling Time (High Return)
Pending
The true passive cost of a $120 annual Amazon Prime subscription, when considering the investment needed to generate that amount at a 4% return, is equivalent to $3,000 invested.
"120 divided by point zero four is three thousand dollars that's the true cost of having amazon prime exist in your life passively"
Subscription Cost (True Cost)
Pending
Consistent monthly investing in the stock market, regardless of market conditions, yielded the highest returns ($1,620,708) over 40 years compared to timing the market highs or lows, when investing $200/month.
"steady sarah who buys consistently every single month regardless of what the market is doing... ends up with one million six hundred twenty thousand seven hundred eight dollars"
Long-term Investing Strategy
Pending
Investing 50% of annual income can lead to significant savings, demonstrated by saving $100,000 by age 26 on a $50,000 annual salary.
"you should aim to invest 50 of your annual income so that's how i was able to save a hundred thousand dollars by age 26 making only 50 000 a year"
Savings Rate for Retirement
Pending
Saving 50% of one's annual income allows for retirement in approximately 17 years.
"if you can do that you'll retire in just 17 short years"
Retirement Timeline
Pending
To retire in 10 years, the savings rate needs to be increased to 65% of annual income.
"if you want to retire faster though in 10 years then your savings rate needs to go up to 65 percent"
Retirement Timeline (Accelerated)
Pending
Investing in the VTI (Vanguard Total Stock Market ETF) allows for diversification across over 4,000 companies.
"that stock is vti ... you could own more than 4 000 companies and be extremely diversified"
Diversified Investing
Pending
The VOO (Vanguard S&P 500 ETF) is an alternative for diversified investing, tracking the performance of the top 500 US companies.
"alternatively you can buy a stock like voo which is the s p 500 the top 500 companies in the us"
Diversified Investing (Alternative)
Pending
Over the past decade, 89% of large-cap funds have failed to outperform their passive investment benchmarks.
"over the last 10 years 89 of large cap funds underperformed their respective passive benchmarks"
Outperformance of Passive Investing
Pending