ilmscore | Once You Get $1000, UPGRADE These 5 Things IMMEDIATELY

Once You Get $1000, UPGRADE These 5 Things IMMEDIATELY

Published: 2024-08-25
Status: Available | Analyzed

Predictions from this Video

Total: 9
Correct: 0
Incorrect: 0
Pending: 9
Unrated: 0
Prediction
Topic
Status
Amazon is predicted to be the second company ever to reach a trillion-dollar valuation.
"Amazon the company becomes the second one ever to hit a trillion dollar valuation"
AMZN
Pending
Reading 25 books on various financial topics over 6-12 months will fundamentally change one's perspective on money, wealth, and success.
"after your 6 months or 9 months or 12 months of reading these books once he finish his 25 books you're going to look at money wealth and success very differently and you're going to have a completely different grasp on money and how to achieve it"
Personal Finance Education
Pending
Becoming a licensed truck driver is anticipated to bring significant financial improvement to an individual.
"now his next goal is to become a licensed truck driver and how that is going to change his life financially"
Career Progression
Pending
Reading 25 books on specific financial topics over 6-12 months will fundamentally change one's perspective on money, wealth, and success.
"after your 6 months or 9 months or 12 months of reading these books once he finish his 25 books you're going to look at money wealth and success very differently and you're going to have a completely different grasp on money and how to achieve it"
Financial Education
Pending
The speaker prefers investing in assets that produce cash flow over traditional investments for long-term growth.
"I rather invest my money into something that's going to produce me cash flow that way I can start stacking my cash flow now"
Investing Strategy
Pending
The speaker allocates 75% of their investment portfolio to cash flow generating assets (real estate, stocks, businesses) and 25% to speculative, long-term growth investments (startups, stocks).
"about 75% of my total Investment Portfolio is cash flow producing Investments some of these Investments are in real estate some of these Investments are in stocks some of these Investments are my own businesses but most of my my investments are cash flow generating and then I have about a quarter of my Investment Portfolio which is not cash of producing These are more speculative more fun Investments more things that I think will grow over the long term"
Investment Portfolio
Pending
The speaker advocates for investing in dividend-paying stocks, ETFs, and index funds, with the option to reinvest the dividends.
"this means investing in dividend paying stocks dividend paying ETFs dividend paying index funds and then I can choose if I want to reinvest these dividends"
Dividend Investing
Pending
Properly executed real estate investments can generate monthly rental income that covers expenses and provides profit.
"and when you invest in real estate well if you do it the right way your rental income will cover your expenses and it'll put some money in your pocket each and every month"
Real Estate Investing
Pending
Financial freedom is defined as having sufficient investment-generated cash flow to cover expenses, allowing for continuous income regardless of employment status.
"when I have enough cash flow to cover my expenses for my investments I'm financially free I don't have to wait to see a certain dollar amount in my investment account because now my cash will keep coming in year after year after year even if I'm not working"
Financial Freedom
Pending