Subscribe to Market Briefs (my daily financial newsletter) for FREE & get my investing masterclass as a bonus:
My recommended tools*!
*Please note: Yes, these are our sponsors & advertisers. However, these are companies that I trust and use (or have used). The compensation doesn’t affect my recommendations or advice. That being said, you should always do your own research & never blindly listen to a random guy on YouTube.
———-
➤ Get A FREE Consultation With A Financial Advisor
1) 💰 Money Pickle – Best for $100,000 – $3M+ In assets:
———-
➤ Life Insurance
2) 🛡 Policygenius – Get a free life insurance quote:
———-
➤ Real Estate Investing Online
3) 🏠 Fundrise* – Invest in real estate passively!
*Jaspreet Singh is an equity owner in Fundrise and has invested in Fundrise. He receives a commission if you use his affiliate link.
———-
➤ My Favorite Credit Cards
4) 🪪: See my top credit card picks for this month:
———-
➤ Invest In Stocks Passively
5) 📈 M1 Finance – Buy stocks & ETFs on autopilot:
———-
➤ Business Accounting
6) 💸 CommonWealth – Does your business do over $250k/year? If yes, get a free consultation from my partner accounting firm:
———-
Buy Gold Passively
7) 👑 Vaulted – Buy physical gold on autopilot:
———-
Recommended:
Your Bank Doesn’t Want You to Know THIS About Your Money
What Is The Minority Mindset?
“The Minority Mindset has nothing to do with the way you look. It’s the mindset of thinking differently than the majority of people” ~Jaspreet Singh
Follow me:
Instagram:
Website:
Want More 🥑🥑?
Minority Mindset Clips:
Minority Mindset En Español:
Video host: Jaspreet Singh
DISCLAIMER: This description may contain links from our affiliates, sponsors, and partners. If you use these products, we will get compensated – but there’s no additional cost to you.
DISCLAIMER CONT’D: I’m just a random guy on YouTube so do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet’s opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.
source
40 Comments
Join Market Briefs for FREE and get my daily financial newsletter: https://link.briefs.co/45DhPwP
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 YouTube 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!
Is schd a good stock
The easiest way to become a multi-millionaire by the time you are 60 (or sooner) is to start saving when you are young. Skip the vacations, the new cars, cable/satelite TV, eating out, etc.
Save as much as you can, as early as you can, starting in your teen years. Put all of your savings into CDs, high yield savings accounts, etc. and with the "power of compounding," you will become very rich in your early 60s or sooner.. It's not magic it's common sense.
Thankyou for the Great Information
It’s wild how much pressure we feel to “keep up” with people online, most of whom are just flexing for the camera. I also made a video about why it feels like everyone is richer than you… and how to stop that mindset from messing with your finances.
I'm from Canada and back in the day their use to be this Canadian singer by the name of Stompin Tom Connors. He had a song called the consumer song and I'll never forget it. This is one of the verses:
When there's a bargain, we'll get it while it's hot and we'll spend a lot of money spending money we ain't got.
I'm pretty sure it was this guy who said: Quote, Young men today are spending their money on the expectation of getting laid.
Whole vide I was looking at your AP watch
like
Nice information. 👍👍
AI generated.
They live with 20 people.
Everybody seems richer cause they have lions up the ass an credit card debt no one knows the meaning of if you don't have the cash don't buy other than a home that is the only thing you should have a loan on
Pure knowledge 🔥🔥
Before I was 18 I understood being an entrepreneur was the only way I started my own mobile detailing business and Carson City Nevada and went around knocking on doors telling them I'm working on their neighbor's car if they want to deal here is a flyer you can't knock on doors anymore, The hustlers the Go getters they're being held down today, there's giant corporations and huge car washes now which have completely taken over my business
, what should my next business be?
Digging one hole to fill up the other one and then digging another one to keep going
It's all about clout it ain't what you think it is, like all these people betting on websites like stake they're being paid to gamble online to make you think that you can win like them but it literally takes them a whole 8 hours of gambling with the company's money in crypto before they win
All these videos saying you can make $10,000 a month doing this selling stuff on Amazon or doing drop shipping it's not what you think
See people driving around in $100,000 cars they probably live with their parents or literally broke I used to sell cars then I look at the payments that people are looking at today $1,000 a month doesn't make any sense
All the social media presentation making you feel inferior than people like Andrew Tate telling you grow a pair and go out there and get it
All these people are literally being sued going to jail there's always a price to pay for everything you do you want to participate in being wealthy You're going to have to do some evil or just make a fool of yourself
This is great advice for young people when I was young I wanted to live now and I never told myself you're not ready yet you don't have enough money yet you need to make your money grow
They're never talking about the people who don't have a car loan and don't buy Gucci and don't eat at restaurants but working overtime still can't manage to pay rent basic essentials while all they want to do is save some money to buy that Intel stock that might go up.
There's no video about what if you're already doing all the right things and it's still not working out,
If you're trading stocks nowadays you're competing with hedge funds as always except now they have AI quantum computing machines
If you're buying real estate you're competing with corporations, boomers that bot land and homes for pennies on the dollar are asking for every dollar today selling homes on average of half a million dollars in this country
If you think you're going to make enough interest from having your money in a bank with inflation the way it is you might as well take that money and just burn it
You can go to school for software engineering and then find out that AI just took your job
So what do you do
Hate to say but this is kind of common sense, or at least it makes sense, it's just we live in a world now where the question is okay what stocks are available to buy at a price that I can profit from?
How do I buy a house when homes now on average are almost a half a million dollars?
How do you start a business with an oversaturated market and conglomerate corporations completely taking over monopolizing the entire capital system?
How do you save money when most people can't even afford rent because of the high cost of living and inflation?
Just some questions
Would you rather drive a £50k car and have £5k in the bank, or drive a £5k car and have £50k in the bank ?
What if the person is actually wealthy? This video is made to make commoner middle class feel better
Who the heck takes a $750 car payment? 😅
Debts isn't wealth
It’s all fun and games until you get into your 40s and no savings and in debt. Be wise when you are young so you can live well later. It’s rough out there. Watching the grasshoppers suffer now.😂
Golden
I’m shadow banned
A lot of people, even rich people, go brock trying not to look broke.
Lol I show off my 6 figure stock portfolio, 7 figure real estate portfolio and my 5 figure Honda civic all the time😂😂
I didn't realize it at the time (hindsight is a funny thing) but my "decade of sacrifice" was my 20s.
I avoided getting a credit card until I was secure in my job and housing.
In my early 20s I heard friends complain endlessly about their money pit cars and paying off credit card debt for a bunch of stuff they just ate and drank.
They didn't even have anything to show for it! Just a few weekends in Vegas or whatever
NO THANKS!
Now I'm middle aged and living a comfortable and modest life I can afford with what looks like a great financial future ahead.
Great content here!
This was exactly what i just talked about.
I sold cars, I know what most of these peoples financial situations are like, I just wanted to shout at them "ARE YOU CRAZY!!!?"
I’m starting late just now turning 47, but I have low interest rate, got in low during pandemic and have a little stock accumulated I stress little. But I have no car debt or credit card debt so I am trying to follow your advice. Thanks for the education and motivation sir!
everyone seems to have more debt than you 😅
What you are seeing is people in unbelievable debt pretending to be rich.
I could never wrap my head around the idea of stressing to pay for things that I could never actually afford.
50k bmw is too cheap, they are like 70k😂. You can’t change these types of people. It’s a lifestyle they won’t give up. I have family members who agree with all what you’re saying but then go out and do the opposite.
Stop worrying about what other people make. A lot of people make a lot more than you make! And a lo of people make a lot less than you make! Again, stop worrying about what other people have.
Videos of Chinese manufacturers showing how top fashion brands are manufacturing cheap products in China and selling them at enormously high profit margin reveals how meaningless is this fascination for high end brand products.