ilmscore | Tax Refund Incoming – Do This ASAP To Max Your Refund

Predictions from this Video

Total: 6
Correct: 0
Incorrect: 0
Pending: 6
Unrated: 0
Prediction
Topic
Status
Savings are projected to lose 2.5% of their buying power annually due to 3% inflation, equating to a $25,000 annual loss on a $1 million savings.
"While inflation is 3% a year, that means your savings are losing 2.5% of its buying power a year. Now, that's $25,000 of lost buying power every single year."
Inflation
Pending
Prices are predicted to continue increasing over the next 5 and 50 years, continuing a trend observed over the past 5 and 50 years.
"And they've gone up for the last 5 years. They gone up over the last 50 years and they're going to continue to go up over the next 5 years and the next 50 years as well."
Inflation
Pending
Warren Buffett has historically averaged a 19% annual return on his investments.
"Warren Buffett, one of the wealthiest people in the world, arguably the best investor in the world, has averaged 19% a year on his investments, which has made him the wealthiest person in the world."
Investment Returns
Pending
Promises of 50-100% investment returns are considered unsustainable over the long term, although they might be achievable for short periods of one to three years.
"But the reason why I say that is because there's a lot of people on the internet promising you 50% returns, 100% returns. Well, if that was real, they would be doing it. And those 50 to 100% returns are not sustainable. Maybe do it one year, two year, maybe three years, but over the long term it's not sustainable."
Investment Returns
Pending
Achieving investment returns of 12-14% annually is possible and can compound over the long term, but requires significant effort and research.
"But there are ways to to get slightly better than the market returns. I mean there are ways to get 12% returns, 13% returns, 14% returns, which can compound over the long term, but it requires more work and time and research."
Investment Returns
Pending
Building a business can yield 20-200% returns, while passive investing makes consistently sustaining such high returns difficult, though a 20% compounded return has created significant wealth.
"Now, if you are more active, like if you're building a business now, it's much more common to see 20% returns, 200% returns. But if you're just passively investing your money, it's much harder to consistently sustain that. And a 20% compounded return has built one of the wealthiest fortunes in the world."
Investment Returns
Pending