As a black American who was raised to believe that credit was bad and to never get a credit card. And who was also told that the only way to acquire wealth was to save 🤦🏾♂️ your channel has changed the way I view money. I took half of my savings yesterday and started my own portfolio and I thank you for the advice. I’m not even sure if YOU understand the power of what you’re doing. I’m eternally grateful.
Credit cards can be good... But for the majority of ppl they are not. You don't get rich on credit card rewards, but you can certainly go bankrupt with credit card debt.
This by far is the best advice you can give. I’m in my late 50s. I happened upon your channel a few years ago, and I have to thank you for ALL you sincerity. I still struggle with the how, but I’m getting there. I used to listen to you once in a while but now I listen daily. I first needed to trust you. After following you for 2 years now. I believe you are a person of sincerity and integrity. So, now I’m all in👍🏾 this particular broadcast today has brought tears to my eyes because as a person of 57 years I have struggled all my adult life with money, and I KNOW you are speaking truth. I’ve always knew that you have to be fit physically emotionally spiritually and financially BUT my belief system was from a place of the MAJORITY. Now thanks to you I’ve crossed over to the Minority. Thank you 🙏🏾
I agree with you 💯 about cars, Jaspreet. I drive a 22 year old Toyota. ( I paid cash for it about 12 years ago). My grandson asked me, "Grandma, when are you going to buy yourself a new car?" I told him, "When this one completely breaks down and I can't drive it anymore". My motto: A car is for transportation, it is not a status symbol.
This is some of the most genuine money management content available on the internet today. From presentation to fashion style... you're hitting the nail on the head with forceful competence!! Thanks for taking the time to share your knowledge and passion.
I’ve probably heard each one of these points made dozens of times before and for some reason it never gets old. One thing to keep in mind is that motivation is like showering, it doesn’t last. Thats why you need it everyday.
Poor people have a strong mindset that tomorrow they died and would loose a chance to enjoy with that what they have today. All his talking about 1.8 millions in 45 years is nothing compering $500 in a pocket today
This money journey started years ago with Kiyosaki. Adding in Dave Ramsey and others. It definitely changed my mindset. I prefer your channel the most. You seem to go much more in-depth than others.
Jaspreet You're an EXCELLENT teacher 👏 I read Rich Dad Poor Dad 2x I currently own a piece of my favorite coffee shop Starbucks ! Warren Buffet said "Invest in what you know" LOVE LOVE LOVE LOVE your TEACHING one day I'll buy you lunch to just listen to you teach!!
This is a great title, got my attention, all the other utubers have market crash feds ruining everything, moneys gonna be worth nothing and other bullshit titles about time somebody has a positive attitude and knows in any conditions the intelligent investor makes money, thank you jaspreet
My dad told me he wanted me to start a portfolio when i turned 13 so he would give me a part of Disney and i could start investing when i watched you i understood a lot more about how money works then i did before, thank you for helping me understand a lot more.Even though i have a long way to go, practice and knowing about how portfolio and investing works gives me a boost of confidence and knowlege to start.
I'm a doctor and never felt that way. I loved my work and worked hard. During training, it was often very exciting to learn so much. Sure, there were times when the work was very hard and exhausting, but it never made me feel I deserved more money.
I agree. Being broke can come accidental, but maintaining that broke status is already a choice. Build a good mindset and let things change from there.
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. The stock market has plenty of opportunities to earn which I myself took advantage of.. I made my first million from going diverse, mainly ETFs(stocks, bonds etc), coins, and gold. I'm also working on an investment plan that includes NFTs with my advisor, Jane Marie Kunak. It's been a year and half of steady growth...
I'm 55 with nothing saved. I just took my extra 500 and invested it in my credit card balance just before my statement balance. That's a 25% return. Thanks for your service Jaspreet.
Great point on the car. Even Zuckerberg drives some clapped out Honda or something like that. I haven't had a car payment in well over a decade and try to spend under $3K on a used vehicle when I need one about every 5-7 years. Most people around me lease brand new SUVs and I chuckle thinking I spent less on my car then they did on the down payment for the lease.
Greetings from the land of ice and snow 😎☕️🥶 Thank you very much for sharing your knowledge and expertise Jaspreet! I turn 60 in a few months. How I wish I knew and understood the concepts you have outlined in this video when I was 20.
Thank you for another great video. I love the content of your videos. Keep up the excellent work. I wish you could make a video one day where you could recommended a list of the best educational TH-cam channels that you have seen, and that teach us to be better. It’s hard to find good educational channels and your recommendation would be very helpful. Thank you again for your great videos.
Yes, there are a lot of people who only care about the 'now,' without little regard of what might happen or come in the future. I hope a lot of people appreciates the good in investing and work on to a brighter future.
I needed this to right now. I’m struggling working everyday for a year now (40-50 hrs at my 9-5, and 16 hrs at my weekend job). I have to remember the end goal. Need to push through until this time next year so I can catch up and build my portfolio.
This a great video, I learn alot watching your videos and it has been helpful to me. Trading crypto is quite difficult for newbies. Thanks to Katie Stein for improving my portfolio, keep up with good videos
As a first time investor I started trading with her with just a thousand bucks. my portfolio is worth much more than that now within just weeks of trading with her
I'm always amazed how people say they came to America with nothing. Just a $100 in their pockets. Last time I wanted to apply for a tourist visa with $100 K in my bank account I got dissed like a jerk. I guess they're very selective. lol. Kudos to your dad. He is a great man indeed.
Can you please post a picture of your car? I love cars too, but my wife and I have the same mentality and we both drive beat ups. One has over 220,000 miles and the other about 130,000 miles. They work , they can get fixed and they keep on going
The markets are been propped up by the FED printing money with NO limit, every time the Market blips down the FED dumps cash into the dip. I see any market condition as an opportunity so far I've made over $505k in raw profits from just q4 of 2021 Am I selling? Absolutely not. I have purchased growth stocks too a little at a time over the past few weeks. I am going to sit back and observe how this all plays out.
It's a sick game but you learn to play or stay poor for life. I hate that companies only provide 401k in stock markets that crash every 5-10-15 years. This just steals so much of hardworking peoples life savings and it's disgusting. I hate it but you either understand the machine or you are just numb to it when it happens.
Everything reeks economic collapse and recession, good thing is people are getting to know cash/fiat is pretty much stone age at this point, it is designated to fail eventually, 3 BEST and surprisingly easy ways to double or hold your funds in this economy; Physical silver, Gold, Who can guess the 3rd??
My portfolio is very much diversified so it's not like i have a particular fund i invest in. plus i don't do that myself was guided by SEC regulated investment adviser “Stephanie Priscilla Bonillo” she's quite the genius in portfolio diversification and guidance, my portfolio just mirrors what she trades and not just on some particular industries of my choosing. I've made over $505k in raw profits from just q4 of 2021.
That's a good practice! I hope people can do the same as you do. Having a clear and detailed record of how your finances is going can help you tract your unwise spending.
The rich stay rich by spending like the poor and investing without stopping then the poor stay poor by spending like the rich yet not investing like the rich
I agree. What truly separates the rich from the poor is not just about the money they do have, but also their mindset. Rich people tend to invest their income to create a wider income stream, while the poor spends their income on unnecessary things.
You still bought an asset Lexus rx350 actually holds there value nicely and if you bought in 2020 you made money lol. Good on you bro. I did the same. Got a 2022 rx350 Pearl white for the wife. I walk lol.
Hey Jaspreet, Does it make sense to borrow at 4% to invest into stablecoins to earn 8.5% ? Also, with the blockfi interest accounts no longer allowing deposits, do you have a platform suggestion on where to adapt/move to?
There’s cheap and then there’s cheap. I know someone so cheap they refused to explore a different job that paid $40,000 more a year but it would cost an extra $1,200 a year on public transit costs. This person’s view is it would cost more more commute (current annual cost is $1,200 on transit so $2,400 is not going to fly) and also will need to pay more taxes on the higher wage. Meanwhile this person lives at home while inflation and housing prices rise astronomically. You present your points in a way that it encourages one to explore and consider making easy changes
@@aaronhdallen6971 He is sure! Dave Javens has aided so many newbies in Georgia 🇺🇸, including me . I have 12 wins from mining crypto with his help managing my account. Thanks to him he’s really the best.
@@robertostephen8312 Yes I can believe that, I got victory with him but was actually poor when receiving the first try knowing I invested so low with fear
You are a badass (we already knew that) if you can do 50 pull ups a day. Chin ups aren't easy either but 50 pull ups?... damn. Another great video, thanks.
Jaspreet I did an experiment once to see how much I could make with the cheapest car. The lady messed up my experiment because she gave me the car free because she just wanted it out of her driveway.
No one has your back especially the government. Social security is your money, not the governments. You must invest in America as America is the stock market. Capitalistic democracy with capitalistic tax laws. SS is supplemental money to your retirement money
my husband and I started saving more than 40% of our income (after 401k maxing out) an year before the pandemic hit. when the market fell in March 2020, we pumped all our savings into stock market and our money grew a lot when the market started picking back up. yet we kept our spending the same. we are kind of addicted to investing.....lol. between your and Dave Ramsey's videos, we learned a lot about investment and how to grow our money and make it work for us, thank you for everything you share.
As a black American who was raised to believe that credit was bad and to never get a credit card. And who was also told that the only way to acquire wealth was to save 🤦🏾♂️ your channel has changed the way I view money. I took half of my savings yesterday and started my own portfolio and I thank you for the advice. I’m not even sure if YOU understand the power of what you’re doing. I’m eternally grateful.
Success takes risk! Wish you the best, bro. :)
@@calebfast8088 thanks!
Credit cards can be good... But for the majority of ppl they are not. You don't get rich on credit card rewards, but you can certainly go bankrupt with credit card debt.
@@calebfast8088 not really... You can be super successful just being consistent with very little risk.
Steven... You are speaking the truth. A lot of African Americans are scared of credit cards.
"I get a lot of enjoyment when I drive up in a piece of crap... they get really confused ... and I buy the property off them." That is gold.
You should keep it and maintain it your whole life just for that purpose. :)
I literally spit out my coffee . . . And I wasn't even drinking coffee!
This by far is the best advice you can give. I’m in my late 50s. I happened upon your channel a few years ago, and I have to thank you for ALL you sincerity. I still struggle with the how, but I’m getting there. I used to listen to you once in a while but now I listen daily. I first needed to trust you. After following you for 2 years now. I believe you are a person of sincerity and integrity. So, now I’m all in👍🏾 this particular broadcast today has brought tears to my eyes because as a person of 57 years I have struggled all my adult life with money, and I KNOW you are speaking truth. I’ve always knew that you have to be fit physically emotionally spiritually and financially BUT my belief system was from a place of the MAJORITY. Now thanks to you I’ve crossed over to the Minority. Thank you 🙏🏾
I agree with you 💯 about cars, Jaspreet. I drive a 22 year old Toyota. ( I paid cash for it about 12 years ago). My grandson asked me, "Grandma, when are you going to buy yourself a new car?" I told him, "When this one completely breaks down and I can't drive it anymore".
My motto: A car is for transportation, it is not a status symbol.
This is some of the most genuine money management content available on the internet today. From presentation to fashion style... you're hitting the nail on the head with forceful competence!! Thanks for taking the time to share your knowledge and passion.
I’ve probably heard each one of these points made dozens of times before and for some reason it never gets old. One thing to keep in mind is that motivation is like showering, it doesn’t last. Thats why you need it everyday.
Poor people have a strong mindset that tomorrow they died and would loose a chance to enjoy with that what they have today. All his talking about 1.8 millions in 45 years is nothing compering $500 in a pocket today
5:03 Respect bro, love the Asian mindset. Take care of your business to take care of your family and parents
Been watching since before you were at 100k. Your videos have impacted my life massively. Thank you Jaspreet!!
This money journey started years ago with Kiyosaki. Adding in Dave Ramsey and others. It definitely changed my mindset. I prefer your channel the most. You seem to go much more in-depth than others.
Jaspreet You're an EXCELLENT teacher 👏 I read Rich Dad Poor Dad 2x I currently own a piece of my favorite coffee shop Starbucks ! Warren Buffet said "Invest in what you know" LOVE LOVE LOVE LOVE your TEACHING one day I'll buy you lunch to just listen to you teach!!
AND, you don’t speak in a secret language like most do. That’s the difference between you and others. You are not afraid to help others 👍🏾
This is a great title, got my attention, all the other utubers have market crash feds ruining everything, moneys gonna be worth nothing and other bullshit titles about time somebody has a positive attitude and knows in any conditions the intelligent investor makes money, thank you jaspreet
You're not a normal person buddy; you are a genious. I admire you 101% and beyond. Thank you for all your teachings.
My dad told me he wanted me to start a portfolio when i turned 13 so he would give me a part of Disney and i could start investing when i watched you i understood a lot more about how money works then i did before, thank you for helping me understand a lot more.Even though i have a long way to go, practice and knowing about how portfolio and investing works gives me a boost of confidence and knowlege to start.
Please help me understand
This is one of your best posts. You are doing a great service, but this one video is concise and encompassing.
I'm a doctor and never felt that way. I loved my work and worked hard. During training, it was often very exciting to learn so much. Sure, there were times when the work was very hard and exhausting, but it never made me feel I deserved more money.
Love you and your work Jaspreet. Keep doing what you do!
Thank you for your time !👍🏼
hope your parents tell you how proud they are of you. you're an amazing human
Broke is a mindset and poor is a temporary financial situation. Get your Mind right people.
I agree. Being broke can come accidental, but maintaining that broke status is already a choice. Build a good mindset and let things change from there.
Thank you so much for mentioning mental wealth !!
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. The stock market has plenty of opportunities to earn which I myself took advantage of.. I made my first million from going diverse, mainly ETFs(stocks, bonds etc), coins, and gold. I'm also working on an investment plan that includes NFTs with my advisor, Jane Marie Kunak. It's been a year and half of steady growth...
I did read about Jane Marie Kunak online after looking up the name, her performance in the market has been quite outstanding.
Financial management is a crucial topic that most folks shy away from, and it ends up haunting them in the near future most times.
Bots
I'm 55 with nothing saved. I just took my extra 500 and invested it in my credit card balance just before my statement balance. That's a 25% return. Thanks for your service Jaspreet.
Great point on the car. Even Zuckerberg drives some clapped out Honda or something like that. I haven't had a car payment in well over a decade and try to spend under $3K on a used vehicle when I need one about every 5-7 years. Most people around me lease brand new SUVs and I chuckle thinking I spent less on my car then they did on the down payment for the lease.
Greetings from the land of ice and snow 😎☕️🥶 Thank you very much for sharing your knowledge and expertise Jaspreet! I turn 60 in a few months. How I wish I knew and understood the concepts you have outlined in this video when I was 20.
@@andrewdavis6917 indeed!
You’re a good person and God blesses the faithful child !!
Thank you for another great video. I love the content of your videos. Keep up the excellent work. I wish you could make a video one day where you could recommended a list of the best educational TH-cam channels that you have seen, and that teach us to be better. It’s hard to find good educational channels and your recommendation would be very helpful. Thank you again for your great videos.
Direct, concise and to the point, Great Video!
This is wisdom
Too many people spend money they haven't earned, to buy things they don't want, to impress people they don't like.
Yes, there are a lot of people who only care about the 'now,' without little regard of what might happen or come in the future. I hope a lot of people appreciates the good in investing and work on to a brighter future.
Thank you Jaspreet Singh, you are a mentor to me. Thanks have learned plenty from you.
Dropping jewels on this video, love it.
and can appreciate the throw back pic to your college days, get ‘em Jaspreet!
You are a good person. Listening to your tube everyday is like having a very good friend.
This is now one of my favorite videos on TH-cam. Jaspreet you are the man!
I needed this to right now. I’m struggling working everyday for a year now (40-50 hrs at my 9-5, and 16 hrs at my weekend job). I have to remember the end goal. Need to push through until this time next year so I can catch up and build my portfolio.
Wow, the truth is often not wanted now days but you lay it out truthfully!
Not caring about what other people think let you do what most people won't
Jaspreet: I’m not good at reading or writing
Also Jaspreet: I’m an attorney
Lol 😂
I had an attorney who could not read his own writing . He has messed up me three times
Shopping at Meijers, brings me back to life in MI! Thanks Jaspreet!
Just one word for his video "Excellent"
Thank you for sharing a piece of your knowledge,I have learned a lot from your vedeos.
Fidelity professionally manages my money.
This a great video, I learn alot watching your videos and it has been helpful to me. Trading crypto is quite difficult for newbies. Thanks to Katie Stein for improving my portfolio,
keep up with good videos
I'm surprised you know her too. I've been making a lot of profits investing with her for a few months now.
Her trade signals and strategies are extremely accurate
As a first time investor I started trading with her with just a thousand bucks. my portfolio is worth much more than that now within just weeks of trading with her
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much.
@Mary Jane You can communicate with her on telegam with the user name below
2:34 "Blue Ocean Strategy" bookmark, book to read BIG THANKS Jaspreet!!!!😊
Nothing to do with the main topic. But what your parents did is amazing. Being able to build everything from Nothing together. True love ❤️
Jaspreet is the personification of stealth wealth 🙌🏾
Good stuff man! Keep it up!
“Money doesn’t care about your emotions” lol that’s so funny
The man of the century!!👆🏿Knowledge!!❤
I thoroughly enjoy your videos thank you for posting and educating us all.
Thanks!!!
Thanks very interesting video!!!!
Jaspreet…I was waiting for you to say “BELOW” after you said “description” at 14:59 haha. Great stuff. Keep educating the mass, brother 💙
Learn the system make it work better for you
The world will tell you exactly what the things you’ve done are worth. Choose wisely.
Wife and family, duty to make sure wife has everything when she support you! Amazing attitude!
These videos are always a good mindset check. Same reason I like Goggins, he reminds me how I want to go through life.
Great video! I loved all your videos but this is my favorite so far. Amazing valuable information! Thank you sir
I'm always amazed how people say they came to America with nothing. Just a $100 in their pockets. Last time I wanted to apply for a tourist visa with $100 K in my bank account I got dissed like a jerk. I guess they're very selective. lol. Kudos to your dad. He is a great man indeed.
Wonderful video
Can you please post a picture of your car? I love cars too, but my wife and I have the same mentality and we both drive beat ups. One has over 220,000 miles and the other about 130,000 miles. They work , they can get fixed and they keep on going
This may be the best video I’ve seen y’all put out in the last month.
The markets are been propped up by the FED printing money with NO limit, every time the Market blips down the FED dumps cash into the dip. I see any market condition as an opportunity so far I've made over $505k in raw profits from just q4 of 2021 Am I selling? Absolutely not. I have purchased growth stocks too a little at a time over the past few weeks. I am going to sit back and observe how this all plays out.
It's a sick game but you learn to play or stay poor for life. I hate that companies only provide 401k in stock markets that crash every 5-10-15 years. This just steals so much of hardworking peoples life savings and it's disgusting. I hate it but you either understand the machine or you are just numb to it when it happens.
Everything reeks economic collapse and recession, good thing is people are getting to know cash/fiat is pretty much stone age at this point, it is designated to fail eventually, 3 BEST and surprisingly easy ways to double or hold your funds in this economy; Physical silver, Gold, Who can guess the 3rd??
My portfolio is very much diversified so it's not like i have a particular fund i invest in. plus i don't do that myself was guided by SEC regulated investment adviser “Stephanie Priscilla Bonillo” she's quite the genius in portfolio diversification and guidance, my portfolio just mirrors what she trades and not just on some particular industries of my choosing. I've made over $505k in raw profits from just q4 of 2021.
@@trinhminh-ha6895 what is the 3rd?
I’m sorry, I think it’s funny that Jaspreet says he sucked at English, when he’s so articulate in his speeches.
I see what you did there with "focus on your strenght" paired with the spelling bee story!
I have ONLY one credit card that I pay off every month. Everything is categorized. You can see exactly where your money is going.
That's a good practice! I hope people can do the same as you do. Having a clear and detailed record of how your finances is going can help you tract your unwise spending.
greaaaat stuff!!
Best video you've made
I drive up in a piece of crap, they get confused and then I buy their property off of them
Is this ain’t THEE business flex of the year!!!
I care about money. So sad is not a mutual feeling. 😔😔
I like this
The rich stay rich by spending like the poor and investing without stopping then the poor stay poor by spending like the rich yet not investing like the rich
You see many people remain poor because of ignorance
There are scammers but they are real brokers out there looking for investors
I agree. What truly separates the rich from the poor is not just about the money they do have, but also their mindset. Rich people tend to invest their income to create a wider income stream, while the poor spends their income on unnecessary things.
Yesssssie
You still bought an asset Lexus rx350 actually holds there value nicely and if you bought in 2020 you made money lol. Good on you bro. I did the same. Got a 2022 rx350 Pearl white for the wife. I walk lol.
"a game to see who becomes broke first ".....lol. I love that quote. 🤣🤣🤣
Sat Sri Akal Sardar G, Tuhadi videos bahut vadiya han.
i know a few construction contractors that make 80k a month and over a million a year
I wonder how Jaspreet will cope with the avacado shortage?
8:42 …Ya, but you impress the hell out of them when they watch you swing open your door on LAMBO HINGES‼️😄
😂😂😂
Hey Jaspreet,
Does it make sense to borrow at 4% to invest into stablecoins to earn 8.5% ?
Also, with the blockfi interest accounts no longer allowing deposits, do you have a platform suggestion on where to adapt/move to?
There’s cheap and then there’s cheap. I know someone so cheap they refused to explore a different job that paid $40,000 more a year but it would cost an extra $1,200 a year on public transit costs. This person’s view is it would cost more more commute (current annual cost is $1,200 on transit so $2,400 is not going to fly) and also will need to pay more taxes on the higher wage. Meanwhile this person lives at home while inflation and housing prices rise astronomically. You present your points in a way that it encourages one to explore and consider making easy changes
Millionaires drive hoopties!
I enjoy cars. I want a safe car more than anything else to protect my family. So many people with poorly maintained cars ready to crash into you.
?
I've noticed it for years that a product or service is designed for idiots if their commercials use the term "that you deserve".
Meijer has good cloths and quality products. Buy some of my cloths there ✊🏽
Great Video! Trading now should be in every wise individuals list in some months time you will be estatic with the decision you made today
keep buying and investing in stock or crypto, in the end you will enjoy your rewards.
@Brenda Nicholas you won't bother if you trade with a professional expert like Dave Javens
@@aaronhdallen6971 He is sure! Dave Javens has aided so many newbies in Georgia 🇺🇸, including me . I have 12 wins from mining crypto with his help managing my account. Thanks to him he’s really the best.
To be honest I invested as low as $5,000 because I was skeptical initially. Receiving my profit gave me more confidence to invest higher.
@@robertostephen8312 Yes I can believe that, I got victory with him but was actually poor when receiving the first try knowing I invested so low with fear
Thankyouu bro
You are a badass (we already knew that) if you can do 50 pull ups a day. Chin ups aren't easy either but 50 pull ups?... damn. Another great video, thanks.
Please tell me where to invest. Invest in what ?fidelity?
Jaspreet I did an experiment once to see how much I could make with the cheapest car. The lady messed up my experiment because she gave me the car free because she just wanted it out of her driveway.
question i'm trying to understand say i invest 1000 in a company that shows Forward Dividend & Yield 5.11 (62.93%) how much a year would that make?
I deserve a day off! Keep on hustling!
4:00 “Fake it ‘till you make it” …will only make you BROKE.
If you can not pay off your credit card every month, you are overspending. If you pay off every month you basically received a 30 day loan, FREE.
No one has your back especially the government. Social security is your money, not the governments. You must invest in America as America is the stock market. Capitalistic democracy with capitalistic tax laws. SS is supplemental money to your retirement money
What care do you suggest for uber or left? Gas or electric?
2:08 Don’t hate the playa … hate being BROKE.
my husband and I started saving more than 40% of our income (after 401k maxing out) an year before the pandemic hit. when the market fell in March 2020, we pumped all our savings into stock market and our money grew a lot when the market started picking back up. yet we kept our spending the same. we are kind of addicted to investing.....lol. between your and Dave Ramsey's videos, we learned a lot about investment and how to grow our money and make it work for us, thank you for everything you share.
Every video I look forward to you telling me where the link is...... (Jaspreet voice) BELOW!!!
That's a lot of laws.