ilmscore | 3 Steps To Make Your Kids Rich

3 Steps To Make Your Kids Rich

Predictions from this Video

Total: 2
Correct: 0
Incorrect: 0
Pending: 2
Prediction
Topic
Status
Following the described investment strategy (initial $2,000, $25-50 weekly, $250 for holidays) for 18 years starting from birth will result in a child having approximately $143,000.
"because if you help them do this from when they're born for the next 18 years they're going to have around $143,000 this is due to compound interest and kids have the advantage because they have a lot of time"
Child's Investment Growth
Pending
An investment account for a child, following the outlined contribution plan (initial $2,000, $25-$50 weekly, and $250 for major holidays annually) from birth for 18 years, is predicted to accumulate approximately $143,000.
"if you help them do this from when they're born for the next 18 years they're going to have around $143,000"
Child Investment Account Growth
Pending