ilmscore | Own These 5 Investments and Never Stress About Money Again

Predictions from this Video

Total: 4
Correct: 0
Incorrect: 0
Pending: 4
Prediction
Topic
Status
Predicts that the US national debt and deficit could lead to higher future tax rates.
"The United States government has a massive amount of national debt. We're still running a pretty large government deficit meaning we're spending more money than we're bringing in and so all these things could contribute to the government needing more tax dollars in order to continue funding their operations."
US National Debt and Tax Rates
Pending
Predicts that residential real estate will remain a valuable long-term investment because people will always need housing, regardless of technological or future changes.
"the reason I say you want to own real estate for residential purposes for life is because people will always need a place to stay no matter what happens in technology and no matter what happens in the future people will always need a home"
Residential Real Estate Longevity
Pending
Predicts that investing in the broader US stock market is a bet on the continued growth of the American economy, even as individual companies fail.
"if you believe in the United States and if you believe in the American economy one thing that won't change is the economy so if you believe in the American economy what you want to be beted on is the American economy as while companies like Sears might come and fail and JC Penney might come and fail and circus City might come and fail and Herz might come and fail and California Pizza Kitchen M come and fail the American economy has continued to grow The closest way for you to get actual exposure to the American economy is to invest in the broader stock market as a whole"
US Economy and Stock Market Growth
Pending
Predicts that gold serves as a hedge against worst-case economic scenarios and retains buying power over time, acting as 'financial insurance'.
"gold makes up a small piece of my portfolio it's about 2% of my entire Investment Portfolio why do I invest in gold I look at it like a way to save hard money if I were to go out and take $10,000 with the gold and $10,000 with the cash and bury it in my backyard today my theory is that 10 years from now the gold is going to have more buying power"
Gold as Financial Insurance
Pending