Join Market Briefs for FREE and get my daily financial newsletter: briefs.co/market/jaspreet WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through TH-cam comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
May I ask how much you made in your late 20s vs now and how your net worth is divvied up? I'm 23 and making 100k a year :) Just would like to know where I'm at!
Actually if u buy a home that is just your starter home and isn’t too extravagant and expensive and u humble yourself u can make a great move by buying. I was spending $800/ month renting and bought my home when it was the end of the recession.i humbled myself and knew this is just a starter home so only got something I knew wouldn’t hurt my pockets or I wouldn’t lose if I lost my job or got sick. I only pay $450/month on 30 yrs. That’s with property taxes and homeowners insurance included. I plan on upgrading in a few years and renting this house out and now it’s worth double and I can rent it out for over $1000 a month. I think that’s a very smart investment.
Buying a rental property is a huge mistake for most young people. It is not easy work or an easy or reliable source of income at all. There will most likely be times of vacancy, missed rent, unexpected expenses, etc. which you will then have to fund while also maintaining the place you are staying, paying rent, or wherever you are staying, and also supporting yourself in all the other ways. While real estate can be a very profitable investment, it is not as easy and straightforward as all these online people make it seem. U should focus on buying your own house first, paying off all your debt, then start investing in real estate, but paying cash for it all with no other debt.
S & P 500 is a weighted index. The best and biggest firms are over represented. It is like a "best of" picked by standard and pipes. There are unweighted indexs that match per stock, but the S&P 500 has always had better return.
One of my favourite channels on TH-cam, watching Jaspreet's content and applying his learnings to my own mindset has shifted how I approach my long term goals.
I love seeing your Toyota Solara! I plan to drive my honda into the ground. I intend on this being the last dumb car purchase of my life. But I am glad I did buy a car that is known to have longevity.
Starting in my late 20s, but I'm barely starting to invest. Just have 25k, half in savings and half in the investment account. Have no debt anymore and working to get into house hacking next year.
Not sure which market you are in but start looking now! Make sure you take advantage of any programs you can there are many grants that may help with closing cost or down payment assistance.
16 year old here trying to make a plan, I just started my senior year and I my goal is to eventually be financially free/and or literate. I’m looking for things to try and work to that will help me with my goal, like saving up for a home/commercial rental property. Could anybody give me tips or suggestions on what I need to be ready for?
This year I want to use earning calls to help with my strategy on companies I want to invest in. However, I don't understand them. I am always lost and have no clue what they are discussing I lose interest after 20-30 minutes and not gaining much insight. What things should I be looking to get out of an earnings call to help me invest in a specific company or real estate?
Experts say it makes sense to hire a financial advisor in the following circumstances: You don't have the time or inclination to manage your finances. You experience a major life event, such as a marriage, divorce, loss of a spouse, birth of a child, relocation or change in your employment status and for full profit uderstanding because that is the purpose of investing at the first place .
In my opinion Al will be the next big thing. Refraining from making snap decisions based on transient fluctuations is essential for long-term growth similar to META. Put patience and a long-term view first, and if you want to make well-informed purchasing and selling decisions, consult a financial advisor.
I see no reason for stressing yourself over these things when you can get a financial advisor . A financial advisor can help you determine if dividend investing is a good fit for your financial goals and can help you develop a strategy. They can also help you consider your risk tolerance, liquidity needs, and short- and long-term goals. Consulting a financial advisor can be especially helpful if you're new to buying and selling individual dividend stocks. You can also ask your advisor questions about reinvesting your dividends .
Cynthia McClure Alexander is the licensed fiduciary I use for guidance . I do not think self-investing worth is worth it from my experence . Some may have no account minimums and charge annual management fees of less than 0.5% per amount managed. Self-directed investment accounts have the lowest fees and give you the most freedom, but the risks are higher. A safer choice is to hire a financial advisor and let them guide your investment strategy.
Financial advisors can play a crucial role in helping individuals employ dividend investing in their portfolio . These professionals have the knowledge and expertise to analyze a client 's financial goals , risk tolerance , and investment timeline to determine the most suitable dividend stocks for their portfolio
So I do pretty much all of this. Only I didn’t buy a used Honda Accord, I bought a brand new one. Since I don’t have to pay money to a bank I can just aggressively save that money to pay myself back.
I mean if your parents didn't do it for you, you can do it for your kids, at least they will have it a little bit easier and teach them important money lessons
Buying a rental property like that, imagine if everyone do that. Demand will skyrocket so the real estate agents will hike the prices, and peeps that just need one home won't be able to afford the..... Oh this thing happening already kekw
About car, I agree.... early I used to drive old one...less insurance...no emi...now bought new one...I am almost paying....emi, insurance, long drives, and maintenance..... almost car itself taking 1000$... with out knowing all this money going
Jaspereet: "You know who does get a constant 15, 20, 25% return on their money? The credit card companies!" I'm beginning to think that you want us to start a loan shark company, with baseball bats and everything. 😂
by the way, buying the S&P500 is not "Buying the Economy". The stock market is not the economy. The economy is backwards looking while markets are forward looking. In fact, the stock market has between no correlation and even negative correlation with the economy.
What is the true definition of “living” somewhere? I love my apartment but I don’t Wanna limit my options because I don’t wanna physically relocate every year
Why pay someone €20 for mowing the grass or cleaning the snow when you can pay €2 for the same, i.e. pocket money, or offer a cup of coffee as a reward for the effort like we do in Finland?
I can tell you don’t know what you’re talking about. Why direct people to SPY instead of VOO? SPY is more liquid for options trading, thus a higher cost on yield.
Hey man great video! Thanks for sharing. I was wondering if you had any knowledge on how I can create some wealth for my young son of five. I was thinking I can maybe buy some stocks for him and have it under my name and his? How does it work. What’s one way he can be financially secure if I were to pass away? Tia God bless brother 🙏🏻
The question is, If we are not 20 and theoretically we lost 10-20 years investing monthly 200-400 euros, Is it good idea to in jest once in the beginning 50K and for the future invest monthly 200-400 ??? Just to cover the previous years and talking for sure for the case we have in the bank 100K-300K.
@@Rtr.AmanJha maybe you didnt get my point. in my case / question, i was referring that we are older than 20, for example 40-45... which means, we lost so many years by not investing. and to recover that period. just to invest a good amount directly once. for example we start with 50K, and monthly 250 euros. why? because, if i started 15 years ago, monthly 250 euros. after 15 years the investment would be 75K now.
@@tts17-thetokensquare68 the effect of compounding will only reward your next generations then, not you. And there is risk in investing all your savings at once in stocks. Not worth it.
I looked at the Snp 500 chart history just now and you have to be lying. The SnP 500 just hit a new all time high this week too. It’s been going up all 2024.
![[Live] : ONE 169 วันนี้!! "อนาโตลี vs อูมาร์"](http://i.ytimg.com/vi/IK3YZVWuFJg/mqdefault.jpg)
Join Market Briefs for FREE and get my daily financial newsletter: briefs.co/market/jaspreet
WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS!
There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through TH-cam comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
Wah baba English gant a tari❤
I’m from Detroit to. I really appreciate your video. I’m in my late 20s and I think this is gonna help me a lot. I appreciate you God bless.
You still need an editor ?
Hi brother, I am living in Pakistan and want to invest in s&p 500 directly, please guide me through
Started in my late 20s. Now 34 now. Net worth of 600k. Compound interest is awesome
That was fast! I’m n my early 40s and looking to start
Good for you! Do you dollar cost averaging into S&P 500? And may I ask how much you put into it a month? If you don’t mind sharing. Thank you
I try to wait and purchase my existing ETFs at their 52 Week low, but sometimes they never drop, so I just buy my shares anyways.
Keep going!💪🏽
May I ask how much you made in your late 20s vs now and how your net worth is divvied up?
I'm 23 and making 100k a year :) Just would like to know where I'm at!
Learning these things in my late 20s (29), and I am very happy at how much financial information you have provided us. Thank you Jaspreet.
You’re definitely that guy
I started at 18 and I'm blessed that someone taught me these things early. Don't worry it's never too late.
Mid 30s now but never too late to start!
It’s too late for you lol
Well the best time is in your 20s, the next best time is today. So good job!
You’ve got this! “Never again, is now”
Your 30s is the second most valuable investing decade. Start now. Pay off all debt, cut up credit cards, invest heavy.
@@jot5445Think again pal
My three favorite channels: Minority Mindset, Stock Brotha, & How Money Works. Make my week complete! 🔥 🔥 🔥
thanks for the comment those yt content is good
Thanks for sharing will look into those channels as well 🤙🏾
Actually if u buy a home that is just your starter home and isn’t too extravagant and expensive and u humble yourself u can make a great move by buying. I was spending $800/ month renting and bought my home when it was the end of the recession.i humbled myself and knew this is just a starter home so only got something I knew wouldn’t hurt my pockets or I wouldn’t lose if I lost my job or got sick. I only pay $450/month on 30 yrs. That’s with property taxes and homeowners insurance included. I plan on upgrading in a few years and renting this house out and now it’s worth double and I can rent it out for over $1000 a month. I think that’s a very smart investment.
I plan on doing something very similar
Buying a rental property is a huge mistake for most young people. It is not easy work or an easy or reliable source of income at all. There will most likely be times of vacancy, missed rent, unexpected expenses, etc. which you will then have to fund while also maintaining the place you are staying, paying rent, or wherever you are staying, and also supporting yourself in all the other ways. While real estate can be a very profitable investment, it is not as easy and straightforward as all these online people make it seem. U should focus on buying your own house first, paying off all your debt, then start investing in real estate, but paying cash for it all with no other debt.
This is advice for the rich, not the average person.
Or you could buy a duplex, rent one half and live in the other one.
She’s definitely right, it is not easy you can’t just jump into it, gotta be prepared.
Why own a liability when you can have asset?
@@MessiHyp3duplexes and other multifamily are much more expensive than condos or SFHs. Just saying
S & P 500 is a weighted index. The best and biggest firms are over represented. It is like a "best of" picked by standard and pipes. There are unweighted indexs that match per stock, but the S&P 500 has always had better return.
Didn't realize you are from Michigan. Same here and love the content! Thanks!
The most important thing you should do after watching this video - IS TAKE ACTION! - open a brokerage account. Invest your first $1.
That’s wat I’m about to do, full speed ahead!
@@jennifersalazar6837let’s go 👏🏾
@@jennifersalazar6837 look out though. Good luck
I'm not sure how to start though, I visual type of person, Unless I'm gonna be seeing it personally, I'm only understanding 20 percent of it 😢
Teach me how to do if I’m unemployed. I’m just a student, and I have saving my money to invest
This video should be shown to every student in every high school!!
I actually plan on showing this video to my students! Wish someone had shown me something like this when I was young.
It’s not in their best interest sadly
23 when I started I’m 23 now and I currently don’t have money but I’m ready!
One of my favourite channels on TH-cam, watching Jaspreet's content and applying his learnings to my own mindset has shifted how I approach my long term goals.
exactly 20yrs old, searching videos like this one. starting ASAP!
Ive made a bunch of mistakes but at 25 im glad ive learned so much from those mistakes so i can start now
I appreciate the blue bar on the screen for commercials, makes me want to watch the commercial until the bar is full.
Jaspreed you are a true GIFT for humanity🙏🏻
I love seeing your Toyota Solara! I plan to drive my honda into the ground. I intend on this being the last dumb car purchase of my life. But I am glad I did buy a car that is known to have longevity.
This is SO good, Jaspreet!
Starting in my late 20s, but I'm barely starting to invest. Just have 25k, half in savings and half in the investment account. Have no debt anymore and working to get into house hacking next year.
You ain’t hacking no houses with that 25k nowadays 😂
Not sure which market you are in but start looking now! Make sure you take advantage of any programs you can there are many grants that may help with closing cost or down payment assistance.
Go with flow. You have what you need to have.
Good luck 🤞
16 year old here trying to make a plan, I just started my senior year and I my goal is to eventually be financially free/and or literate. I’m looking for things to try and work to that will help me with my goal, like saving up for a home/commercial rental property. Could anybody give me tips or suggestions on what I need to be ready for?
Starting at 20 years old reading as many books as I possibly can with a complete open mind
I like that you still grouped in the 30's as well, great video!
Thanks for the reminder about life insurance I've been dragging my feet on that for a few months.
Hmmm this looks like real information diversification :)
Thanks
Seeing how fast the inflation going I dont think 1.4m is enough for retirement
Great Information, thanks for the motivation.
Solid advice my man. Hopefully it reaches a lot of ppl
I’m about to be 21 this upcoming April so my training arc starts now 📝
I turn 24 on April 21
I have my first college game today. Thank you so much. I will send you the results.
This year I want to use earning calls to help with my strategy on companies I want to invest in. However, I don't understand them. I am always lost and have no clue what they are discussing I lose interest after 20-30 minutes and not gaining much insight. What things should I be looking to get out of an earnings call to help me invest in a specific company or real estate?
Experts say it makes sense to hire a financial advisor in the following circumstances: You don't have the time or inclination to manage your finances. You experience a major life event, such as a marriage, divorce, loss of a spouse, birth of a child, relocation or change in your employment status and for full profit uderstanding because that is the purpose of investing at the first place .
In my opinion Al will be the next big thing. Refraining from making snap decisions based on transient fluctuations is essential for long-term growth similar to META. Put patience and a long-term view first, and if you want to make well-informed purchasing and selling decisions, consult a financial advisor.
I see no reason for stressing yourself over these things when you can get a financial advisor . A financial advisor can help you determine if dividend investing is a good fit for your financial goals and can help you develop a strategy. They can also help you consider your risk tolerance, liquidity needs, and short- and long-term goals. Consulting a financial advisor can be especially helpful if you're new to buying and selling individual dividend stocks. You can also ask your advisor questions about reinvesting your dividends .
Cynthia McClure Alexander is the licensed fiduciary I use for guidance . I do not think self-investing worth is worth it from my experence . Some may have no account minimums and charge annual management fees of less than 0.5% per amount managed. Self-directed investment accounts have the lowest fees and give you the most freedom, but the risks are higher. A safer choice is to hire a financial advisor and let them guide your investment strategy.
Financial advisors can play a crucial role in helping individuals employ dividend investing in their portfolio . These professionals have the knowledge and expertise to analyze a client 's financial goals , risk tolerance , and investment timeline to determine the most suitable dividend stocks for their portfolio
Compound intrest is the wonder of the world its a magic💫💫
Started late but will finish rich(-ish) but my children will start early to have much better options in their lives.
Love your videos. If only I knew these things in my 20s
The S&P 500 is NOT actually the largest five hundred companies in the stock market. There at least two hundred companies that can be.
Yooo Detroit in the house! 🙌🏾 Great Video bro
This guy is a gem brooooo
Super concise information, thank you 🙏🏻
I started S&P 500 at 18 years old
Absolutely killer beard bro congrats
So I do pretty much all of this. Only I didn’t buy a used Honda Accord, I bought a brand new one. Since I don’t have to pay money to a bank I can just aggressively save that money to pay myself back.
I started mid 20s now net worth is around 600k. My advise to anyone who hasn’t begun yet, well today is the day
How old are you?
More practical than most video on the finance
Imagine investing 1000 a month to retire then you die..
Now your kids got it 🤷🏿♂️
Actually massively depressing
I mean if your parents didn't do it for you, you can do it for your kids, at least they will have it a little bit easier and teach them important money lessons
also imagine not investing 1000 a month and then not having millions later on in life when you don’t die young
@@devandebie55 👍🏼
Very nice video bhai, learnt a lot ❤️
Man dropping legit gems 💎
What app should i use to invest tho
Buy Rich, Now Later
I love this from South Africa ❤
I'm 19 turning 20 soon, what should I start first?
one video changed my everything fr
I wish my school or parents taught me this, but I can't blame them anymore. It's up to me now to catch up
Buying a rental property like that, imagine if everyone do that. Demand will skyrocket so the real estate agents will hike the prices, and peeps that just need one home won't be able to afford the.....
Oh this thing happening already kekw
How can an Indian buy stock of S & P 500. Please explain
About car, I agree.... early I used to drive old one...less insurance...no emi...now bought new one...I am almost paying....emi, insurance, long drives, and maintenance..... almost car itself taking 1000$... with out knowing all this money going
A sport car is the best purchase you can make when you’re young
This video is legendary.
What’s the best S&P 500 stock to invest in?
Great video
Jaspereet: "You know who does get a constant 15, 20, 25% return on their money? The credit card companies!" I'm beginning to think that you want us to start a loan shark company, with baseball bats and everything. 😂
I’m so thankful that i found this video in my 20s
Absolutely perfect turban ❤
Do you have recommendations for books?
He literally gave them 🤦♂️
I was caught off guard with his accent 😂
Best purchase for me was a 2023 Nissan Z
by the way, buying the S&P500 is not "Buying the Economy". The stock market is not the economy. The economy is backwards looking while markets are forward looking. In fact, the stock market has between no correlation and even negative correlation with the economy.
Where do you do these investments in s&p
Can you house hack and rent the other floors of the property?
If you’ve never had a car with at least a half decent set of tires you’ve never driven. Go spend the money. It’s 100% worth it.
thank you paaji
Bahut badia Sardarji❤
What is the true definition of “living” somewhere? I love my apartment but I don’t Wanna limit my options because I don’t wanna physically relocate every year
Excellent video, homie.
No lies detected.
Lol m 17 and these help me so much thqt i cant wait to start earning
Excellent video!
He has a majestic beard
This video was such an eye opener! Once you learn how to properly put your money to work for you, everything else is much more comprehensible 💯
Paaji disagreed from 2nd point
Why people don’t tell what to do with millions after retirement
It’s not make sense
Why pay someone €20 for mowing the grass or cleaning the snow when you can pay €2 for the same, i.e. pocket money, or offer a cup of coffee as a reward for the effort like we do in Finland?
You are awesome
Thank you for such a content!!
Loving walking is not a "weird thing to do" it should be a societal norm.
Bro what app or website use for investing in stocks?
I use Acorns. Just $3 fee a month and has grown my investments well. It's app is also easy to use.
I've been using Robinhood
Did u get de app or website u share with me
GREAT VIDEO JASPREET
I can tell you don’t know what you’re talking about. Why direct people to SPY instead of VOO? SPY is more liquid for options trading, thus a higher cost on yield.
I started from 😢20 years old. Every month i invest 100$ a month in VOO ETF. And i get my retired 40 years old 😊
But what is proof after investing money to take it out??
Do u use S&P500
Bro make a video specifically for mid 30 people also
Great work
I did this early in my early 20s now my in my mid 20’s I can afford the Audi of my dreams which isn’t even expensive to begin with lol
Awesome mentor
Does the S&P 500 look like a rising wedge to anyone else?...
Detroit maaaan just say Dearborn hahahaha. Great video, thanks
Hey man great video! Thanks for sharing. I was wondering if you had any knowledge on how I can create some wealth for my young son of five. I was thinking I can maybe buy some stocks for him and have it under my name and his? How does it work. What’s one way he can be financially secure if I were to pass away? Tia God bless brother 🙏🏻
The question is,
If we are not 20 and theoretically we lost 10-20 years investing monthly 200-400 euros,
Is it good idea to in jest once in the beginning 50K and for the future invest monthly 200-400 ???
Just to cover the previous years and talking for sure for the case we have in the bank 100K-300K.
No way that will be too risky, you can spread it over years by dividing it into small chunks monthly
@@Rtr.AmanJha maybe you didnt get my point.
in my case / question, i was referring that we are older than 20, for example 40-45... which means, we lost so many years by not investing.
and to recover that period. just to invest a good amount directly once. for example we start with 50K, and monthly 250 euros.
why? because, if i started 15 years ago, monthly 250 euros. after 15 years the investment would be 75K now.
@@tts17-thetokensquare68 the effect of compounding will only reward your next generations then, not you. And there is risk in investing all your savings at once in stocks. Not worth it.
@@tts17-thetokensquare68 by spreading the amount into monthly you are doing dollar cost averaging which reduces the risk
@@tts17-thetokensquare68 what you can do is divide it into monthly and spread it over 3-5 years
Can you please list the different books available in each segment you mentioned
I invested $10 a day into snp 500 for 2months but why does the overall money keep dropping, what am I doing wrong
It all drops then it will all go up and so on. Eventually it will be way up
I looked at the Snp 500 chart history just now and you have to be lying. The SnP 500 just hit a new all time high this week too. It’s been going up all 2024.
Buy rich. Now later. Got it
There are some many other stocks and ETFs that outperformed the s&p 500