ilmscore | The 7 Biggest Wealth Killers in the Stock Market

Predictions from this Video

Total: 5
Correct: 0
Incorrect: 0
Pending: 5
Prediction
Topic
Status
An initial investment of $8,400, compounded at 25% annually for 30 years, is projected to grow to just under $7 million.
"Let's assume that you go out and invest $8,400 into the stock market today and you never invest another penny again. and you can get a 25% annual return on your money year after year after year and you do this for let's say 30 years. If you do that and you never invest another penny, you are going to retire with almost a little bit under $7 million"
Investment Growth
Pending
Investing $1,000 per month with a 10% annual return and no fees could result in approximately $5.8 million over 40 years.
"If you invest your money $1,000 a month, you can get a 10% return on your money and you are investing your money yourself and you don't have to pay any fees. Well, over 40 years, your investments, your $1,000 a month are going to grow to right around $5.8 million."
Investment Fees Impact
Pending
A 0.2% annual fee on a $1,000 monthly investment with a 10% annual return over 40 years would reduce the final amount to $5.5 million, costing approximately $300,000 in fees.
"But now, let's assume that you put your money into some lowcost fund and you're going to pay a 0.2% fee. You're still investing the same $1,000 a month, the same 10% a year, and you do this for 40 years. But now, instead of having $5.8 $8 million, you were going to have $5.5 million, which means yes, you paid out around $300,000 in fees over the course of 40 years."
Investment Fees Impact
Pending
A 1.5% annual fee on a $1,000 monthly investment with a 10% annual return over 40 years would result in approximately $3.8 million, with the advisor taking $2 million in fees.
"Now, if you invest the same $1,000 a month, 10% a year, you're paying a 1.5% fee over 40 years. Well, now you're not going to have $5.8 million. You're not going to have $5.5 million. you are going to have closer to $3.8 million, which means yes, your advisor is going to take $2 million over the course of those 40 years."
Investment Fees Impact
Pending
The US government is projected to be in a 'debt death spiral' due to chronically rising debt relative to income, with nearly a trillion dollars annually going towards interest payments.
"America is entering a debt death spiral. When debts rise relative to incomes on a chronic basis, right now for the US government it's almost a trillion dollars a year that goes to interest payments."
US Government Debt
Pending