Thank you Jaspreet for educating us about money! Never heard economics explained so clear. This video is very valuable! May you be more blessed and prosperous!🙏🏽🙏🏽🙏🏽
Thanks. But knowing how the economy really works does not really help to get out of poverty, even with an entrepreneurial mindset. The vast majority of entrepreneurs fail and many fail so hard they are falling into poverty. 92% of startups fail, long-term probably even more. I know amazingly smart people with PhDs in Genomics, AI and quantum computing who work 100h weeks for their whole life, building great companies and always fail, staying poor. I know several CEOs who have deep tech companies in crypto, AI, health tech, but secretly live from welfare. Making a business profitable is difficult. People need more advice on what to do if having no resources to invest.
I'm a nurse and I saw all this coming, so I've planned myself so I engaged in forex trading, little I know about the business though but so far so good, Forex trading has been my very means of savings lately while my salary goes for bills and utilities
Same here, my portfolio has been going down the drain while I try trading, I just don't know what I do wrong, have invested $18k into crypto all I have now is just $5365
I'm not here to converse for her but to testify just for what I'm sure of, she's trust worthy and best option ever seen, She has made success easier than we thought
I began my investment journey at the age of 33, primarily through hard work and dedication. Now at the age of 38, I am thrilled to share that my passive income exceeded $100k in a single month for the first time. This success reinforces the importance of the advice mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity.
Based on personal experience working with an investment advisor, I currently have $1m in a well-diversified portfolio that has experienced exponential growth. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
Natalie Marie Tuttle is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Big government spending on sweetners and unicorns = higher taxes = higher inflation = government subsides to quell inflation, The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.
Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
Dividends are what got me into investing in the stock market. The thing to me is, if you invest and have other income outside of dividends then you will be able to live off dividends without selling. Which means you can pass that on to your kids which will give them a leg up in life. Have over $600K in my portfolio as I bought a lot of dividend stocks before, I'm buying more now, and I will buy more when it drops further
As a new investor it's always great to hear from a person who has gone through all the difficult times and come ahead of it. It's unnerving to see your portfolio go from green to red but as mentioned if you have invested in quality names just have to keep adding to them and stay the course
I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made. Great video! Thanks for sharing! Very inspiring! I love this.
I understand that tomorrow isn't promised to anyone, but investing today is hard for me now because I have no idea of how and where to invest in. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.?
@@dannyvera8475 I invest across the top markets but not by myself though. I follow the guidelines of *PRISCILLA DIANE AIVAZIAN* I can correctly say she's worth her salt as an investment advisor as her diversification skills is top-notch, I say this because of the results, as my portfolio grows by averages of 20 to 3O% every month, unlike I can say for my IRA which has just been trudging along. my portfolio just mirrors what she places and not just on some particular industries of my choosing. she gave me that financial freedom I needed
@@helenoliver4838 That’s great, your investment advisor must be really good, I have seen testimonies of people using the help of investment advisors in making them more financially stable. Do you mind sharing more info on this person?
@@dannyvera8475 look her up on the internet with her name. she's quite popular for her services as she was recently featured on CNN. She can work with anyone irrespective of where you're located
@@helenoliver4838 I just looked up this person out of curiosity, and surprisingly she seems proficient. I thought this was just some overrated BS, I appreciate this.
The system is really bad currently. Market declines, soaring inflation, a significant increase in interest rates by the Fed, and rising Treasury yields all point to additional losses for portfolios this quarter. How can I profit from the present market turbulence? I'm still debating whether to sell my $125,000 ETF/Growth Stock portfolio.
I don't think you should liquidate just yet. The market is on the verge of recovery. If you aren't versed with growing your portfolio yourself, you could make a lot of money from investing with a wealth manager.
This is accurate. I worked as a financial advisor with Merrill Lynch and then as an independent financial manager. I have seen really great profits that can be made by picking the right stocks.
*Sharon Louise Count* is exceptional in navigating tough markets. She was my colleague back at Merrill. I think she has a website through which you can reach her.
I must say you are an inspiration because I started up investing and trading as a scared investor who doesn’t want to lose money, glad to say I’m very profitable now and bought my first house through it
Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals. you have to contend with inflation, recession, decisions from the Feds and all. I was able to increase my portfolio by $289k in months. You have to seek for help in the right places.
@@alexyoung3126 I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value
Jobs will pay your bills business will make you rich but investment makes and keep you wealthy, the future is inevitable, I pray everyone here becomes extremely successful!!
@Dr Robert you're right sir, it's obvious a lot of people remain poor due to ignorance, it's better to take risks and make sacrifices than to stay poor
I learnt most of these principles about seven years ago. A lot of people have been trapped strongly in the matrix-- Go to school, get a job, and then slave your whole life. Many miss out on life-changing information that could have great effect on their finances. I played with the stock market sometime in 2020, and I was surprised at how well it turned out. I want to put in $80k more into the market. I heard people are making really great returns despite the downturn. Any recommendations?
@Lloyd Bernard I completely agree. I have been consistent with my profit regardless of the market conditions. I got into the market early in 2019 and the constant downtrends and losses discouraged me, so I sold off. I got back in December 2020 and this time with guidance from an investment adviser who was recommended by a popular economist on a popular forum. Long story short, it's been years now and l've gained over $850k following guidance from my investment advisor.
@@lisaollie4594 Is there any chance you could recommend who you work with? I've wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recommendation
@@baileymclean8186 The thing is that I really don't like making such recommendations. But there are many freelance wealth managers you could check out. I have been working with "LISA ELLEN SHAW" for about four years now, and she's made decent returns. If she meets your discretion, then you could go ahead.
@@lisaollie4594 Thanks a lot for this. I really needed the recommendation, and I would love to move my funds from an existing mutual fund. I'll check her ouT.
Hey Tom! Please don’t assume all teachers can’t. I’m a high school teacher for 27 years that invested $100 per pay since 1994, bought my first property in 1996, sold it in 2004, upgraded to my next asset which I now rent out. I invested in index funds, saved college funds for my 3 daughters, and have been a widow for 10 years whilst maintaining a five bedroom pool home solo. My passion is LITERACY including financial literacy. I share my knowledge with all my students. I read great books 📕 #UnicornTeacher #TeachersCanHope
@@thekatephillips Hi Kate! I’m interested. Women need financial literacy skills and they need to know it’s possible on a marginal salary. If I did it anyone can.
@@thekatephillips Hi Kate, this resonates! I’m in the midst of a messy divorce settlement with two teenage daughters, I have worked all my life mainly in administrative financial management in management consulting but took a back seat to be around for the girls as my husband worked overseas, he is now a Director / high earner, we also have a small holding sheep farm & he is hiding assets…I had to give up my job in 2019 & am still not through my divorce settlement mainly due to fear of what lies ahead & shitty divorce lawyers…I would certainly benefit from wealth education & equally to equip my daughters with these critical life skills! Do keep me in your loop please!
>In this perilous time of recession, protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over. This is for stock holders.
@Agatha Riley Same thought when I read the comments from people. as if it's that easy! You can't give what you don't have. That's why as many as who go into the market with little to no knowledge will continue to feel the full downsides of stocks when it happens. I personally need some guide with regards to my portfolio. How can I reach Stephanie?
Sometimes I tell myself to be positive regardless of the situation but I see we're at it already because things are really getting from bad to worse. I'm slowly losing my mind because I don't know if there's gonna be any solution to survive this phase.
You have to start spending wisely at this point and also spread your means of earning. You don't have to put all your eggs in one basket. Made my first million this way earlier this year (got help though). Can comfortably wait out this "phase"
@Hunan Train Funny enough, I can honestly relate. By help, I mean I got the services of a pro. I don't know if I am permitted to drop it here, but her name is "Leah Sandock Marie". Was in the news a lot in 2018. You can check her out online for more.
@@biyuwang9952 Wow I know this little lady. Once attended a seminar she was also in attendance in Madrid,, She's American though, I doubt she works with foreigners,,,
I love that he said he never saw risks, he just saw opportunity. It's a very interesting mindset because once we see that there are risks, it can make us fearful, and fear can trap us into stagnation. But seeing risks as opportunities, and taking those chances can make us braver, wiser, and change our lives/selves for the better. I see so much risk in quitting my soul sucking job (I plan to quit in 7 months if I can last that long 😩), but it's either stay unhappy there or take the risk to change my life. If things don't work out the way I wanted, at least I can say "I tried" and learn something new in my journey.
Yes absolutely!! Such a good way of looking at challenges that come up in business as an opportunity, instead of a risk 👌🏼 I quit my 9-5 job to start my business within fashion and sustainability 6 years ago and have never “worke more “hours” in my life 😂 but I thoroughly enjoy what I am doing and love the community we’ve created and built around fashion and sustainability, collecting clothing is my passion and being able to help other people feel good wearing something awesome, and to show people how to wear, look after and recycle your clothing in different ways and I would much rather do that everyday and build a skill and an asset, than sit at a computer to make money for someone else When I was sitting there on the computer at my office job I was just visualising myself being in a shop full of amazing clothes all day and I’m so happy I took the opportunity to do that I hope others can do the same! ☺️
I've been reading up on recession and the market, apparently both bull and bear market condition provides equal avenue to accrue massive gains, and a news article particularly mention a 32 year old that made $180k in 5weeks, how do I learn and apply these strategies, my portfolio has been stagnant for months.
true, A lot of folks actually downplay the role of a portfolio-advisor these days. I remember couple summers back, after a lengthy divorce I needed a good boost to help my business stay afloat. With the aid of an portfolio-coach, i grew my reserve tremendously that same year. Helped me a lot.
sure advisors are outperforming the market and raising good returns but some are charging fees over fees....seeing that their services are currently in high demand more than ever....Seems more like extortion to me.
Not necessarily, “Dawn Marie Gatti” is the portfolio-coach that guides me, her fees are peanuts in comparison to the overall performance of my portfolio, You can look her up.
thanks for clearing that up, already went through her web-profile and she seems pretty tight which is why I was worried her fees will cost a ton haha. thanks a bunch for sharing.
Sometimes when you are in a dark place, you think that you are buried but you have actually been planted... If you are going through that hard time, just know that I am cheering for you...
Success doesn't happen overnight. It's a marathon, not a sprint. You have to pace yourself, put in the work, and be consistent day in and day out if you want to achieve your goals.
It's like we're in the end game of Monopoly. If you don't own any assets (property) and you keep passing go and collecting your $200 (your salary) without buying any assets, you eventually go bankrupt. Going to jail is also an option to get some temporary relief.
This is one of those podcasts that's had be watched again and again, not for understanding but because there's gems of information on finance everyone and this guy sure knows his stuff!
I was not expecting this collaboration. Jaspreet and minority mindset really helped me understand the basics of wealth building and how government affects money
My spouse and I are adding a variety of stocks/ETF to my present holdings for the long term, We've set aside $250k to start following inflation-indexed bonds and stocks of companies with solid cash flows, I believe it is a good time to capitalize on the market for long-term gains, but it wouldn't hurt to know means of actualizing short term profit.
Nobody knows anything you need to create your own process, manage risk and stick to the plan, through thick or thin while also continuously learning from mistakes and improving.
@@Tsunaniis-j5l A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.
@@MakeamericaGreatagain-h7j that's impressive! I could really use the expertise of this advsors , my portfoIio has been down bad....who’s the person guiding you
@@MakeamericaGreatagain-h7j Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé
While my portfolio consists of reputable companies, it has experienced a lack of growth this year. Given the current inflation and depreciation of the dollar, I recently withdrew my funds from the bank. I allocated some of these funds into investments in gold and silver. Currently, I have around $560,000 sitting idle in my reserves that I am seeking to increase. I would greatly appreciate any suggestions on how to enhance the growth of my portfolio.
Numerous captivating stocks across various industries are worth monitoring. It's not necessary to act on every market forecast. Instead, I recommend collaborating with a financial advisor who can assist you in determining the optimal moments to buy or sell the shares or ETFs you intend to invest in.
I love this, Tom says "I'm not even going to say there is anything sinister" when referring to how the govt is trying to "help" us with inflation, and Jaspreet's response is "Sure" with a slight laugh, just perfect 😅 Great interview!!
This video taught me more about Economics than years of schooling/college. Thank you Jas and Tom for this amazing video! Schools should show this video to all kids as a required elective.
With a good investment plan that ensures a steady income without any doubts, I am prepared for a well organized retirement. I started investing 3 years ago and so far, I am making a good yield on my dividend.
Jonas Herman, a licensed FA is the brain behind my success. I've gotten into a plethora of assets with $17k spread across stocks (options and futures) for the short term and Roth IRA, index funds, and ETFs, for the long term. Now with over 81k in roi, I sit back and just reinvest at intervals while I handle my other businesses.
Over the years, I've been part of numerous investment programs, sifting through a barrage of information. Yet, none comes close to the sheer clarity, depth, and precision of Herman’s instructions and insights. It's akin to finding a diamond in the dirt.
It isn't "just education." It is mathematically guaranteed that there must be financial losers in the system. That's structurally built into the way the system works. It is unavoidable, even if every single person were fully financially educated. Furthermore all wealth ultimately flows into land values, and because we don't have a land value tax but instead have only dead weight lossy taxes, the rentier class (land owners) will always gradually monopolize all of the societal wealth. This is what the original board game Monopoly was designed to teach (called "The Landlord's Game") which had two sets of rules, Prosperity on one side and Monopoly on the other. Players played Monopoly but could vote to change the rules to Prosperity at any point. When the game was purchased for mass adoption they left Prosperity out and the game hasn't taught the principles it was designed to ever since. The billionaire class understand these problems with our system and use it to make themselves rich, but most everyone else, including many very wealthy, do not understand these principles. Probably one in a few hundred thousand understand, possibly less. This video is designed to inspire and sell products during commercial interludes, and some of the advice is good, but it still misses the mark on how the system increases the wealth divide over time.
My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in the US.
As with any big financial decision, it’s important to keep your guard up for economic risks. However, smart planning, time management and seeking advice from a financial adviser can help keep you and your money safe.
@@wiebeplatt4749 I agree with you. I ventured into stock with less than $100,000, and now I'm about 17,000 short of half a million dollars. Credits to Susan Agnes Hancock . She's verifiable.
Thank you so much Tom for having Jaspreet on your show. This one brought me to tears as a first Canadian born of Asian immigrant parents. I feel him in what he said regarding the cash only, the hiding and the want to prove them wrong stuff. Also knowing I've "made it" and mom's passed away before seeing my success. So grateful for the info on this episode and am boosted to self-educate on financial literacy.
the first step to acquire wealth is figuring-out your goals with heIp of a financiaI pIanner, and foIIowing through with lnteIIigent ideas; you will acquire wealth in no time and also enjoy the decision of managing your money.
Nice content! Few years back i was assistant to a wealthy pen artist and within the short period i worked with him i observed that he had quite a chunk of investment everywhere, stocks, crypto, dividend investing to name a few, so he had revenues coming in from all angles. And in a year his worth doubled. With this I learned that the rich stay rich by investing.
I agree with this but the problem now is getting to make the right investments, Lots of people tend to lose their money while investing thereby making them lose interest and also end up discouraging other individuals around them.
@@josefdominus4839 I think the major challenges investors face may range from controlling impulsiveness to the frail of compulsion. Most newbies and would-be investors often undermine and most often neglect the importance of technical analysis with regards to investing. Better still get an investment advisor who'd guide you and help you manage your portfolio just like my boss back then, he was working with an IA Anne Marie Martin and I would bet he still does. I can boldly recommend her because I've witnessed her performance first hand. She's the real deal.
The best way to find that balance between saving and living is by investing. This way you get to have your saving intact and then live comfortably off the revenue coming in from your investments. Financial freedom is possible, you just need to know what to do and when to do it. I am a living testimony
I have seen videos, read comments. I am still trying on my own to start investing and it has not been working out for me. What do I do? How do I begin again?
It is not smart to start an investment by yourself when you clearly know nothing about it. I say leave it to the professionals. I use the services of an excellent portfolio manager myself, I don't wanna take chances. I advise you do same.
Investing all by yourself with no prior experience can be detrimental, you can loose all your money. I will advice you get assistance from a good professional, that way you will not loose your money, plus you will learn more.
I've said for years that basing inflation numbers on durable goods was idiotic. My kids can't eat a toaster, go see how much milk has gone up. Luckily corporate America bases their increases on the CPI number, so the CEOs are doing okay.. Comes down to the question, where else should I put the $560K in my sav ings besides the financial market
I diversified my $400K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $1.2m in net profit across high dividend yield stocks, ETF and bonds during this red season.
Thanks for this. This recommendation is coming at the right time because i am literally grasping for straws atm! I looked her up online, found her web+site and and scheduled a phone call with her.
My friend purchased a house and rented to a young couple. She became pregnant and he moved out. The court system would not evict her and the owner had to pay his own morgage for 18 months. Real estate is not a perfect investment either.
I agree. I has a rental property for 6 years. Tenant and his dog torn the house up so bad that I don’t want anything to do with renting. I would fix and flip.
You're right, an investor with decades worth of time should be doubling down on value and dividend stocks.. heck, especially now when the market is where it is… steep discounted pick ups for long term consistent gains… WIN!
@@brownhilton2842 that’s what I’m currently doing. I’m buying as much as I can handle now through these bad times. I pay my future self first by piling my pay into the market so I can thank myself later for it.
I'm new into investing, but I have been studying the market crashes and I was startled at how some investors made millions from the recent 2008 recession and I was wondering if such success rate could be achieved in this present market?
@@diegolim6277 Yes it can, I moved from an average lifestyle to earning over $20k per month, utter shock is the word. I have understood a lot in the past few years to doubt that opportunities abound in the financial markets, The only thing is to know where to focus. Hiring an advisor might be the best option for you as a rookie..
Thank you for an awesome conversation. I'm 51 and have been aware of what's happening now for a couple of years. But boy is it hard and time consuming to unlearn your entire life's learning so you can now get it right. Damn thankful for people like you two who are enabling me to teach my children and grandchildren how it should be done.
I'm in my 60s and I'm more interested in investments that could set me up for retirement , I mean I've heard of people that made hundreds of thousands during these crash.
That's absolutely true!The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner.
@Fredy Dez That's huge! I believe the high-value gains are backed by years of study/experience in knowing what makes what tick. the portfolio-advisr that guides you is who though?
My number #1 rule was to take my savings/investment money out of check BEFORE it was deposited into my checking account. #2 rule was keep a percentage of savings in cash so when the stock market takes a downturn (like right now) I have money to invest in stocks (assets) that are undervalued:) Not only did I have the money to purchase stocks, I was able to purchase them at what I consider a “sale” value. I also reinvest my dividend into more units of stock.
To whoever reading this , never stop chasing your dreams you can do it . Keep pressing and thriving you will make it ! Consistency is the key to achieve your goals
Starting early is the best way getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to a decent payouts, with the right skills and proper understanding of how the market works
Making profitable trades isnt as hard as you think, I took the right steps as a beginner by investing with a reliable brokerge where all my trades are being handled by financial expert.
This was an excellent interview! Definitely at the top of my list for I.T. guests. My favorite take away was just the overall explanation of the financial system in a simple manner.
My favorite takeaway from Jaspreet is that you will not be able to out-save inflation!! I tried telling that to family members to the point I had to walk away to save my mind!! "Financial IQ 101".
Don’t hate yourself if you don’t own assets yet. Also a lot of people aren’t meant to join the cashflow game in the same way. We should be open to new solutions not just fitting into the system as it has been so-called imposed on us (voluntary compliance). Having said that I appreciate this video very much for the insights and overview!
20:00 That dawned on me once I got to uni and started looking at jobs. "go to uni, get good grades, get a good job and become rich" something just doesn't sit right there
I wish he covered outsourcing everything to China and how THAT also effects supply chain and inflation and REDUCES jobs in the USA. Bringing manufacturing back to the USA would CREATE VALUE and jobs, what he claims is important.
I agree, bring manufacturing back to America. I'm tired of buying cheap, Chinese made things from Walmart, I want to buy much more expensive, American made things from Walmart! This is the problem, Americans have been living large on cheap labor for years, all of us. If you want to bring manufacturing back to the US, who will be able to afford the product being made? Americans don't work for Chinese prices, that cheap thing from Wally World will cost multiple times more to buy. We did this to ourselves, we're all to blame. We wanted nice things for cheap, and we got them. Meanwhile those jobs were shipped away, because we needed it to be made for less.
Globalists are pumping money into China period. That's what they do... they did it to Soviet Union & Germany, then they go to war against them. They make money on weapons, oil, artillery when they destroy the nation... then make money to rebuild it. They take turns in different nations, it was China's turn to be fat piggy at the table. It's like chess & monopoly combined.
Never going to happen. Most people in the US won't do repetitive tasks for low wages. If it ever gets to that point you'll see a lot of people jumping from factory rooftops just like China.
We all should listen to this over and over again. If you have kids tell them to listen to this video and reward them with a dollar or something. Thank you very much for sharing 🙏🙏🙏
The lack of financial education is NOT a flaw of our system, it is a feature. The government DEPENDS on financial illiteracy to operate. If everyone was financially literate governments would be screwed and would have to design new ways to fleece everybody. Governments, elites, super rich etc. - whatever you want to call them need the majority to be financially illiterate or the system no longer works for them.
@@allisonmatt6314 Stock's are crashing, Bitcoin investments Right now will be at every wise individuals list, in a month you will be ecstatic with the decision you made today
Key points If you are educated, 15:00 you own assets Become a doctor 17:00 or become a failure. Let me choose! If I wear it, I am going to own it. 30:45 34:00 buying alcohol is pissing money away. While your friends spent money at a party, u spent your money and time on building compounds. Income - Expense = Profit = Investments + Savings 39:00 Don't save for retirement, invest in it. 42:20 Thank God for youtube as we have decentralised education 59:50 buy what u are spending your money on- again with this point- same as said at 15:00
Most times it amazes me greatly the way I move from an average lifestyle to earning over 65k per month, utter shock is the word, I have understood a lot in the past few years to doubt that opportunities abound in the financial markets, The only thing is to know where to focus
Anyways not actually, what I know about trading almost borders on zilch lol. I make huge profits no my investment since I started trading with Richard Scote.
If you were given a chance to do things, Do things that really make you happy. Because these things are what will make your life matter most of the time.
< The Market has been pretty bad. Everybody is Practically Crying. It keeps dipping. That's what you get when you feel you can navigate the process in your own. Big thanks to Larysa Caba. I'm not bothered with how bad the market is because my assests are insured due to her advice and I still receive my profits >
Having Cr yp to As sets and not being able to make Pr o f its out of them can be very frustrating. Big thanks to Larysa Caba, I make hu ge Pr o f its Tr a d I ng with her weekly.
I haven't seen anyone so determined to make her clients profits as Larysa Caba. How she allows you express your fears and still calms your fears is something I admire about her. I don't usually comment on videos but I must put the word out there. She's really great.
Absolutely love this. The way Jaspreet showcased his financial literacy and shared his personal growth/pain points really stood out to me. Just gained a sub. Thank you for this!
I"m not an ethnic minority. I do consider my self a minority in mindset. It is a super power. I don't take it for granted. I felt like I was doing something powerful and helpful to my well being but didn't realize it until 5 years ago. Now it's thinking of big picture. Restraint yet rewards at times. But the constant money in money out is total garbage. Thanks for this talk.
I wanted to learn how to trade and the best advice I got is to read books about investing. One advice that I have found useful from one of my books is the fact that if you buy stock with low p/e ratio (also called price to earnings ratio and if the is low it usually means that relative to the stock's earnings the stock is undervalued) and also with high return on invested capital (if the return is high it means you made profit) but this is not financial advice to me it is only useful.
I also came to RUclips to here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed light on some things, but I'm confused, I'm a newbie and I'm open to ideas.
It is also possible to produce superior performance provided you do something different from the majority. However, most of us tend to pay more attention to the shiniest position in the market than to the cost of proper diversification.
The cryptocurrency market is seeing one of its worst selloffs since 2020, sparking panic among investors and raising questions about why crypto prices have been increasingly sensitive to gyrations in the market.
Having monitored my portfolio performance which has made a jaw dropping from $360k just the past two quarters alone, I have learned why experienced traders makes enormous returns from the seemingly unknown market.
Literally 2 of my favorite people on RUclips!! These are the types of friends I aspire to have in the future that I could sit down and have these conversations with. Thanks guys great video!
Jaspreet is a very smart man. Great job bringing him on. I have a 150k a year recession proof career. I will start investing this year. I start understanding what's going in early this year
Great info, for sure. Important fyi: Social Security's yearly increase is vastly decreased by galloping cost of Medicare; the yearly increase never meets COL.
Thank you Tom another great hitter. As a single hardworking mom raising young men this was energizing. I am always trying to explain ways to make their money work for them. And for me this was another push in the right direction for myself also. Thank you for always giving us great content. I am a fairly new subscriber and I am appreciative for all your great interviews and knowledge
Cash isn't king at all in this era and I think the best strategy is to start buying in slowly and then gradually increase the peace of buying as the price continues to drop. Don't catch the falling knife, lol. Long term investors know that's the market and economy will recover eventually, and investors should be positioned for such a rebound..
To manage your money and achieve financial freedom. Start investing, that's the only true way to multiply your income and stay rich always. I spent my 30's and 40's investing in stocks and real estate. That's the best thing I did doe myself, recently discovered crypto now and life feels more easier..
As someone who has invested in some different cryptos and still learning about it. You are realistic and extremely good. Thank yall for educating us newbies. but I'd like to fish out my point of view, BTC is almost like a tease when it gets to these levels and it starts to suck in liquidity around this range but we will have to see how the market reacts to these. This is a perfect time to partake in trading as it is volatile and making use of the dip to earn as I've made over 4.2 BTC when I started at 1.5 BTC in just a few weeks with Lauracharlie, her strategy is so satisfying
The moment I realized investing in multiple assets beats putting all my money into savings, that’s when I began to make steps to achieve financial freedom, and the truth is anyone can successfully make money by investing in these assets, the only reason most investors have more losses is because they don't follow the first rule of finding financial guidance. When I found an investment professional who is well-equipped to manage my investments, that's when I started having consistent income on all my investments. It’s been a great journey, I’m glad I find a way to financial freedom.
This feels directed to me. Hello, Thankyou for this comment, I actually know how important money managers and financial managers are, but I don’t know where to actively look for one. And secondly, since you got experience in this, do you have recommendations of any money manager?
I’ve worked with a few good ones, but My Current manager has the longest working period, he’s been my investment manager for 8 months now. Have you come across any name like William Stanley PJ?
I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed light on some things, but I'm confused, I'm a newbie and I'm open to ideas.
I agree with you dear, stock is the most profitable venture I ever trade in, I reached my goal of $20,000 in just weekly basis earning, setting realistic goals is an essential part of trading
My cousin recommended her to me. He has been making a lot of profits, the profits he gets is large, I've seen other traders who offers to give you 500% of whatever you invest.
Real Estate is also in a bubble because their price increases have gone up way higher than incomes. The ratios are at historical highs. It would be a bubble regardless of the stock side and investors. The higher interest rates are just going to make it pop faster. For now, I'm just gonna stick with asset diversification using the copytrading system. Finished second quarter at +21%. Just an average Joe here trying to thrive in these volatile markets.
I was wondering if investing in a cumulative ETF during this next decade is a sound investment. Or is it better to invest in a distributing ETF (even considering taxes).
@@RDavid. My funds are pretty much diversified. You should probably try algorithmic trading; copy the gurus, more so one with experience of the past bear markets. I copy a chartered financial analyst Williams T. Kevin. Been quite consistent. My portfolio returned approximately 24% in the first quarter.
@Pablo M. Jay Since it's an algorithmic based model, it's very much transparent because you can actually see what assets you have and how much growth your portfolio has achieved. You can communicate with him on telegam with the user name below.
I find it way better to pay for peace of mind than worry about market trends and still get burned. Thank you for sharing this valuable piece of information here.
I just want to thank you so much for bringing everyone this information. Knowledge is power, and you bring power to people. May you receive it back 10 fold.
These steps from jaspreet can be productive for a certain type of income bracket. The key to building wealth is developing good habits like regularly putting money away in intervals for investments .The financial market has plenty of opportunities to earn.. I made my first million from going diverse, mainly stocks, etfs and bonds . i use a wealth manager and it's been a year of steady growth..
Share this one with everyone you know, folks (especially your young adult children)!!! Thanks Jaspreet and Tom for this simple and profound interview. *"You can't out-print inflation..." Write that one down!
Decided to share some notes for the benefit of all and myself :) 1. Pepole focus on money, money is just a number. They fail to look at money as a tool like jp said. As actually value, purchasing power. Saving money isn't viable any more, due to inflation, hidden taxes, government grants and a bunch of other sneaky ways the government make sure the riches get richer and the poor get poorer. For those who have everything more will be given to those who has nothing everything will be taken away. 2.an asset is a means that actually works for you Knowledge is an asset Stocks,real estate, crypto, gold are all very very good assets that take the invaluable inflating paper known as money and channel it into what it conveys- purchasing power. 3. Understand and withstand- when pepole freak out and sell- that's the time to buy more! When pepole are confident be ware When pepole are cowardly be aware
OMG... y'all know Mrs Britney too,wow she's really a good trader & my portfolio manager,her trading strategies are top notch didn't take for the famous type
I really loved EVERYTHING Jaspreet said! He kept me engaged entirely thru the show. The key take away for me is my attitude towards money. Think less like a consumer. I have owned real estate for 18 years and learned a lot. Once I sold everything I started to invest heavily in everything BUT real estate….lol
There's only one problem with the idea of putting money into assets: poor people work mainly to pay bills and cover their basic needs. They have no money to invest, while the little they have loses value because of inflation. If you have money to invest, even if you are not rich, you definitely aren't poor.
I agree.. I’m a single mom and I own my own home.. just started my own LLC. with my own money .. I live in a fairly expensive neighborhood.. drive an hour to and from work … I have no savings and it least 20,000 in debt. How can I become financially successful?
I enjoy hearing you guys back tracking and breaking down every aspect of the conversation. Giving depth and education to your viewers. Thanks! I appreciate it.
Unfortunately they don't, because it's part of the system. If everbody would learn this, where would they get the employees that finance this construction?😔
What was your favorite takeaway from Jaspreet?
Jaspreet just goes in circles without providing real suggestions. He just got hype as he looks different and jumpy.
That having assets is more important than saving
Everything he says
Gold as an asset, that everyone in India buys… very cool 😎
Thank you for teaching us about finance.
Thank you for having me on Tom! I appreciate the opportunity 🥑🙏🙏
Thank you Jaspreet for educating us about money! Never heard economics explained so clear. This video is very valuable! May you be more blessed and prosperous!🙏🏽🙏🏽🙏🏽
Such pragmatism is what the world needs Jaspreet
Thanks. But knowing how the economy really works does not really help to get out of poverty, even with an entrepreneurial mindset. The vast majority of entrepreneurs fail and many fail so hard they are falling into poverty. 92% of startups fail, long-term probably even more. I know amazingly smart people with PhDs in Genomics, AI and quantum computing who work 100h weeks for their whole life, building great companies and always fail, staying poor. I know several CEOs who have deep tech companies in crypto, AI, health tech, but secretly live from welfare. Making a business profitable is difficult. People need more advice on what to do if having no resources to invest.
Thank you for the educational gift! Such a great video. God bless!
I love your channel. You are super knowledgeable. Thank you for sharing it with us!!
Every family has that one person who will break the family financial struggle, I hope you become the one💯
I'm a nurse and I saw all this coming, so I've planned myself so I engaged in forex trading, little I know about the business though but so far so good, Forex trading has been my very means of savings lately while my salary goes for bills and utilities
Same here, my portfolio has been going down the drain while I try trading, I just don't know what I do wrong, have invested $18k into crypto all I have now is just $5365
The truth is that you need an expert broker and account manager to make good profit from cryptocurrency trading and holding
I'm not here to converse for her but to testify just for what I'm sure of, she's trust worthy and best option ever seen, She has made success easier than we thought
Wow, amazing to see others who trade with Mrs Hanna mack, I'm currently on my 7th trade with her and my portfolio has grown tremendously.
I began my investment journey at the age of 33, primarily through hard work and dedication. Now at the age of 38, I am thrilled to share that my passive income exceeded $100k in a single month for the first time. This success reinforces the importance of the advice mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity.
Based on personal experience working with an investment advisor, I currently have $1m in a well-diversified portfolio that has experienced exponential growth. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
Natalie Marie Tuttle is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Wow that's amazing! How much starting capital did you have if I may ask?
Big government spending on sweetners and unicorns = higher taxes = higher inflation = government subsides to quell inflation, The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.
Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.
I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
@HarryArnold-tq8sx in two years? $575,000 profit from $275K initial investment? BS!!!
Dividends are what got me into investing in the stock market. The thing to me is, if you invest and have other income outside of dividends then you will be able to live off dividends without selling. Which means you can pass that on to your kids which will give them a leg up in life. Have over $600K in my portfolio as I bought a lot of dividend stocks before, I'm buying more now, and I will buy more when it drops further
As a new investor it's always great to hear from a person who has gone through all the difficult times and come ahead of it. It's unnerving to see your portfolio go from green to red but as mentioned if you have invested in quality names just have to keep adding to them and stay the course
Just started investing fr like last year. I’m 24 you got any tips or advice?
I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made. Great video! Thanks for sharing!
Very inspiring! I love this.
I understand that tomorrow isn't promised to anyone, but investing today is hard for me now because I have no idea of how and where to invest in. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.?
@@dannyvera8475 I invest across the top markets but not by myself though. I follow the guidelines of *PRISCILLA DIANE AIVAZIAN* I can correctly say she's worth her salt as an investment advisor as her diversification skills is top-notch, I say this because of the results, as my portfolio grows by averages of 20 to 3O% every month, unlike I can say for my IRA which has just been trudging along. my portfolio just mirrors what she places and not just on some particular industries of my choosing. she gave me that financial freedom I needed
@@helenoliver4838 That’s great, your investment advisor must be really good, I have seen testimonies of people using the help of investment advisors in making them more financially stable. Do you mind sharing more info on this person?
@@dannyvera8475 look her up on the internet with her name. she's quite popular for her services as she was recently featured on
CNN. She can work with anyone irrespective of where you're located
@@helenoliver4838 I just looked up this person out of curiosity, and surprisingly she seems proficient. I thought this was just some overrated BS, I appreciate this.
The system is really bad currently. Market declines, soaring inflation, a significant increase in interest rates by the Fed, and rising Treasury yields all point to additional losses for portfolios this quarter. How can I profit from the present market turbulence? I'm still debating whether to sell my $125,000 ETF/Growth Stock portfolio.
I don't think you should liquidate just yet. The market is on the verge of recovery. If you aren't versed with growing your portfolio yourself, you could make a lot of money from investing with a wealth manager.
This is accurate. I worked as a financial advisor with Merrill Lynch and then as an independent financial manager. I have seen really great profits that can be made by picking the right stocks.
Could you recommend a good financial advisor, since you've been in the business? Perhaps you know one with a good track record.
*Sharon Louise Count* is exceptional in navigating tough markets. She was my colleague back at Merrill. I think she has a website through which you can reach her.
Thanks a lot for this. I just checked her out now and I sent her an email. I hope she gets back to me soon.
I must say you are an inspiration because I started up investing and trading as a scared investor who doesn’t want to lose money, glad to say I’m very profitable now and bought my first house through it
Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals. you have to contend with inflation, recession, decisions from the Feds and all. I was able to increase my portfolio by $289k in months. You have to seek for help in the right places.
@@alexyoung3126 I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value
Jobs will pay your bills business will make you rich but investment makes and keep you wealthy, the future is inevitable, I pray everyone here becomes extremely successful!!
@Dr Robert you're right sir, it's obvious a lot of people remain poor due to ignorance, it's better to take risks and make sacrifices than to stay poor
I recently got into forex trading and I'm already marvelling over the profits am making
Obviously trading in bitcoin is very volatile and risky to trade that's the reason most traders trade with a company
Wow, I'm surprised someone mentioned Mrs Catherine of UCLA Anderson financial institute
No doubt Mrs Catherine trading services are really great, I invested $5000 and cash out $14, 700 in just 3 weeks
I learnt most of these principles about seven years ago. A lot of people have been trapped strongly in the matrix-- Go to school, get a job, and then slave your whole life. Many miss out on life-changing information that could have great effect on their finances. I played with the stock market sometime in 2020, and I was surprised at how well it turned out. I want to put in $80k more into the market. I heard people are making really great returns despite the downturn. Any recommendations?
@Lloyd Bernard I completely agree. I have been consistent with my profit regardless of the market conditions. I got into the market early in 2019 and the constant downtrends and losses discouraged me, so I sold off. I got back in December 2020 and this time with guidance from an investment adviser who was recommended by a popular economist on a popular forum. Long story short, it's been years now and l've gained over $850k following guidance from my investment advisor.
@@lisaollie4594 Is there any chance you could recommend who you work with? I've wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recommendation
@@baileymclean8186 The thing is that I really don't like making such recommendations. But there are many freelance wealth managers you could check out. I have been working with "LISA ELLEN SHAW" for about four years now, and she's made decent returns. If she meets your discretion, then you could go ahead.
@@lisaollie4594 Thanks a lot for this. I really needed the recommendation, and I would love to move my funds from an existing mutual fund. I'll check her ouT.
Hey Tom! Please don’t assume all teachers can’t. I’m a high school teacher for 27 years that invested $100 per pay since 1994, bought my first property in 1996, sold it in 2004, upgraded to my next asset which I now rent out. I invested in index funds, saved college funds for my 3 daughters, and have been a widow for 10 years whilst maintaining a five bedroom pool home solo. My passion is LITERACY including financial literacy. I share my knowledge with all my students. I read great books 📕 #UnicornTeacher #TeachersCanHope
Love your story!! I do wealth education (especially for women). I would love to connect and possibly interview you.
@@thekatephillips Hi Kate! I’m interested. Women need financial literacy skills and they need to know it’s possible on a marginal salary. If I did it anyone can.
@@anjr6282 agreed. gritty organizational skills and a steadfast work ethic comes with the territory even if you’re a crappy teacher.
@@thekatephillips Hi Kate, this resonates! I’m in the midst of a messy divorce settlement with two teenage daughters, I have worked all my life mainly in administrative financial management in management consulting but took a back seat to be around for the girls as my husband worked overseas, he is now a Director / high earner, we also have a small holding sheep farm & he is hiding assets…I had to give up my job in 2019 & am still not through my divorce settlement mainly due to fear of what lies ahead & shitty divorce lawyers…I would certainly benefit from wealth education & equally to equip my daughters with these critical life skills! Do keep me in your loop please!
Yes, but you also invested, wich most people don't do.
In a world where everyone wants to be rich. My main goal is to be happy with what I have. No matter how much it is.
>In this perilous time of recession, protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over. This is for stock holders.
>Unfortunately, most people don't get this, the majority is after chasing tops/bottoms where they fail & get out of the game.
@Agatha Riley Same thought when I read the comments from people. as if it's that easy! You can't give what you don't have. That's why as many as who go into the market with little to no knowledge will continue to feel the full downsides of stocks when it happens. I personally need some guide with regards to my portfolio. How can I reach Stephanie?
Use a 20% trailing stop loss on your stocks.
Call it cheap insurance!
Sometimes I tell myself to be positive regardless of the situation but I see we're at it already because things are really getting from bad to worse. I'm slowly losing my mind because I don't know if there's gonna be any solution to survive this phase.
You have to start spending wisely at this point and also spread your means of earning. You don't have to put all your eggs in one basket. Made my first million this way earlier this year (got help though). Can comfortably wait out this "phase"
Easy on yourself, Panic will cause more harm than good
Things are really getting uncontrollably out of hand but I always pray for the best soon
@Hunan Train Funny enough, I can honestly relate. By help, I mean I got the services of a pro. I don't know if I am permitted to drop it here, but her name is "Leah Sandock Marie". Was in the news a lot in 2018. You can check her out online for more.
@@biyuwang9952 Wow I know this little lady. Once attended a seminar she was also in attendance in Madrid,, She's American though, I doubt she works with foreigners,,,
I love that he said he never saw risks, he just saw opportunity. It's a very interesting mindset because once we see that there are risks, it can make us fearful, and fear can trap us into stagnation. But seeing risks as opportunities, and taking those chances can make us braver, wiser, and change our lives/selves for the better.
I see so much risk in quitting my soul sucking job (I plan to quit in 7 months if I can last that long 😩), but it's either stay unhappy there or take the risk to change my life. If things don't work out the way I wanted, at least I can say "I tried" and learn something new in my journey.
Yes absolutely!! Such a good way of looking at challenges that come up in business as an opportunity, instead of a risk 👌🏼 I quit my 9-5 job to start my business within fashion and sustainability 6 years ago and have never “worke more “hours” in my life 😂 but I thoroughly enjoy what I am doing and love the community we’ve created and built around fashion and sustainability, collecting clothing is my passion and being able to help other people feel good wearing something awesome, and to show people how to wear, look after and recycle your clothing in different ways and I would much rather do that everyday and build a skill and an asset, than sit at a computer to make money for someone else
When I was sitting there on the computer at my office job I was just visualising myself being in a shop full of amazing clothes all day and I’m so happy I took the opportunity to do that
I hope others can do the same! ☺️
I've been reading up on recession and the market, apparently both bull and bear market condition provides equal avenue to accrue massive gains, and a news article particularly mention a 32 year old that made $180k in 5weeks, how do I learn and apply these strategies, my portfolio has been stagnant for months.
true, A lot of folks actually downplay the role of a portfolio-advisor these days. I remember couple summers back, after a lengthy divorce I needed a good boost to help my business stay afloat. With the aid of an portfolio-coach, i grew my reserve tremendously that same year. Helped me a lot.
sure advisors are outperforming the market and raising good returns but some are charging fees over fees....seeing that their services are currently in high demand more than ever....Seems more like extortion to me.
Not necessarily, “Dawn Marie Gatti” is the portfolio-coach that guides me, her fees are peanuts in comparison to the overall performance of my portfolio, You can look her up.
thanks for clearing that up, already went through her web-profile and she seems pretty tight which is why I was worried her fees will cost a ton haha. thanks a bunch for sharing.
Yeah Dawn is a super genuis and I'm proud to say that.
Sometimes when you are in a dark place, you think that you are buried but you have actually been planted...
If you are going through that hard time, just know that I am cheering for you...
thank you.
Thank you so much for sharing your thoughts 💭
I needed that
❤️❤️❤️❤️❤️🙏🏽🙌🏼💪🏽
Thank you
Success doesn't happen overnight.
It's a marathon, not a sprint. You have to pace yourself, put in the work, and be consistent day in and day out if you want to achieve your goals.
You are right, to be a successful person in life require him or her of hard work and time
The thing about been successful is working toward it and not going the other way round
You are right. Been thinking of going into gold and cyptocurrency
Invest in one of these!
Real estate
Crypto
Stock
Gold
Investing in crypto is the most profitable investment due to its current rise, huge profits and future benefits.
It's like we're in the end game of Monopoly. If you don't own any assets (property) and you keep passing go and collecting your $200 (your salary) without buying any assets, you eventually go bankrupt. Going to jail is also an option to get some temporary relief.
Love it. Great way of putting it
Maybe I'm crazy, but what if monopoly was the game creators way of passing on a bit of financial literacy to the masses? Great analogy though!
@@masseffectist thks
@@Thatguy-kn9xu thks. It's interesting how it was originally called The Landlord's game and became popular during The Great Depression.
Great example. Pretty much.
Man this guy is fantastic his illustration is so simple and comprehensible.
This is one of those podcasts that's had be watched again and again, not for understanding but because there's gems of information on finance everyone and this guy sure knows his stuff!
*👆👆⬆️Thanks for watching please endeavor to message right away the digit above I will love to hear your thoughts on it and for more enlightenment❤️🔝.*
Really wish Tom didn't interrupt so much, Tom has very little knowledge about money but the interruptions kept breaking Jaspreets chain of thought.
Minority mindset was my first real crash course in finance, and now I work in finance, dudes an inspiration
❤ indeed….game changer for my family and I…..debt free and now buying assets
I was not expecting this collaboration. Jaspreet and minority mindset really helped me understand the basics of wealth building and how government affects money
What I learned from this episode is to educate yourself on financial literacy and buy more assets and spend less .
Exactly! I've been buying rental properties and cars that I'm confident will go up in value.
My spouse and I are adding a variety of stocks/ETF to my present holdings for the long term, We've set aside $250k to start following inflation-indexed bonds and stocks of companies with solid cash flows, I believe it is a good time to capitalize on the market for long-term gains, but it wouldn't hurt to know means of actualizing short term profit.
Nobody knows anything you need to create your own process, manage risk and stick to the plan, through thick or thin while also continuously learning from mistakes and improving.
@@Tsunaniis-j5l A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.
@@MakeamericaGreatagain-h7j that's impressive! I could really use the expertise of this advsors , my portfoIio has been down bad....who’s the person guiding you
@@DreamweaverShade-h9p My advsor is NICOLE DESIREE SIMON, you can easily look her up, she has years of financiaI market experience.
@@MakeamericaGreatagain-h7j Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé
While my portfolio consists of reputable companies, it has experienced a lack of growth this year. Given the current inflation and depreciation of the dollar, I recently withdrew my funds from the bank. I allocated some of these funds into investments in gold and silver. Currently, I have around $560,000 sitting idle in my reserves that I am seeking to increase. I would greatly appreciate any suggestions on how to enhance the growth of my portfolio.
Numerous captivating stocks across various industries are worth monitoring. It's not necessary to act on every market forecast. Instead, I recommend collaborating with a financial advisor who can assist you in determining the optimal moments to buy or sell the shares or ETFs you intend to invest in.
That's quite remarkable! I could certainly benefit from the knowledge and guidance of such guides.
I love this, Tom says "I'm not even going to say there is anything sinister" when referring to how the govt is trying to "help" us with inflation, and Jaspreet's response is "Sure" with a slight laugh, just perfect 😅 Great interview!!
Too bad there was no eye roll lol
This video taught me more about Economics than years of schooling/college. Thank you Jas and Tom for this amazing video! Schools should show this video to all kids as a required elective.
This video needs to be on every TV screen in America, especially for our younger generation to become more financially literate.
Yup
do you think the FED and government would support this, keep dreaming
TOTALLY TRUE!!!!! 😳
´p lol o ni
I just shared this video with my children and said MAKE your kids listen to this.
With a good investment plan that ensures a steady income without any doubts, I am prepared for a well organized retirement. I started investing 3 years ago and so far, I am making a good yield on my dividend.
Jonas Herman, a licensed FA is the brain behind my success. I've gotten into a plethora of assets with $17k spread across stocks (options and futures) for the short term and Roth IRA, index funds, and ETFs, for the long term. Now with over 81k in roi, I sit back and just reinvest at intervals while I handle my other businesses.
To me, investing is not worth it and I know that's the same mindset holding me back from taking a step forward in my finances. It’s all gambling.
Sure
Hermanw jonas that’s his gmail okay
Over the years, I've been part of numerous investment programs, sifting through a barrage of information. Yet, none comes close to the sheer clarity, depth, and precision of Herman’s instructions and insights. It's akin to finding a diamond in the dirt.
Do you mind sharing your investment steps.
It isn't "just education." It is mathematically guaranteed that there must be financial losers in the system. That's structurally built into the way the system works. It is unavoidable, even if every single person were fully financially educated.
Furthermore all wealth ultimately flows into land values, and because we don't have a land value tax but instead have only dead weight lossy taxes, the rentier class (land owners) will always gradually monopolize all of the societal wealth.
This is what the original board game Monopoly was designed to teach (called "The Landlord's Game") which had two sets of rules, Prosperity on one side and Monopoly on the other. Players played Monopoly but could vote to change the rules to Prosperity at any point. When the game was purchased for mass adoption they left Prosperity out and the game hasn't taught the principles it was designed to ever since.
The billionaire class understand these problems with our system and use it to make themselves rich, but most everyone else, including many very wealthy, do not understand these principles. Probably one in a few hundred thousand understand, possibly less.
This video is designed to inspire and sell products during commercial interludes, and some of the advice is good, but it still misses the mark on how the system increases the wealth divide over time.
Thank you for this truth bomb 🙏
👋👋👋👋👋👋👋👋
Point!!
My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in the US.
As with any big financial decision, it’s important to keep your guard up for economic risks. However, smart planning, time management and seeking advice from a financial adviser can help keep you and your money safe.
@@wiebeplatt4749 I agree with you. I ventured into stock with less than $100,000, and now I'm about 17,000 short of half a million dollars. Credits to Susan Agnes Hancock . She's verifiable.
@@tradekings5433 Thank you! i just looked her up and sent a message hoping she gets back to me.
1 day at a time is how my friend
Invest while the market’s low… it ALWAYS bounces back. Don’t withdraw any of it unless it’s for an emergency or you’re of age to retire
Thank you so much Tom for having Jaspreet on your show. This one brought me to tears as a first Canadian born of Asian immigrant parents. I feel him in what he said regarding the cash only, the hiding and the want to prove them wrong stuff. Also knowing I've "made it" and mom's passed away before seeing my success. So grateful for the info on this episode and am boosted to self-educate on financial literacy.
*Amazing. “How to build wealth, do this..”*
the first step to acquire wealth is figuring-out your goals with heIp of a financiaI pIanner, and foIIowing through with lnteIIigent ideas; you will acquire wealth in no time and also enjoy the decision of managing your money.
I had decisions that grew my finances (gathered over 1M in 2yrs) with heIp of my financiaI pIanner. Living the dream, hoping to retire next year.
ELIZABETH GREEN HUNTS
Get to her with her name..
Nice content! Few years back i was assistant to a wealthy pen artist and within the short period i worked with him i observed that he had quite a chunk of investment everywhere, stocks, crypto, dividend investing to name a few, so he had revenues coming in from all angles. And in a year his worth doubled. With this I learned that the rich stay rich by investing.
I agree with this but the problem now is getting to make the right investments, Lots of people tend to lose their money while investing thereby making them lose interest and also end up discouraging other individuals around them.
@@josefdominus4839 I think the major challenges investors face may range from controlling impulsiveness to the frail of compulsion. Most newbies and would-be investors often undermine and most often neglect the importance of technical analysis with regards to investing. Better still get an investment advisor who'd guide you and help you manage your portfolio just like my boss back then, he was working with an IA Anne Marie Martin and I would bet he still does. I can boldly recommend her because I've witnessed her performance first hand. She's the real deal.
How can I get across to her?
She's on tel'gram
@Annietradings
The best way to find that balance between saving and living is by investing. This way you get to have your saving intact and then live comfortably off the revenue coming in from your investments. Financial freedom is possible, you just need to know what to do and when to do it. I am a living testimony
I totally agree with all that you have said, this is the reason I have so many investments, financial freedom is my number one go.
I have seen videos, read comments. I am still trying on my own to start investing and it has not been working out for me. What do I do? How do I begin again?
It is not smart to start an investment by yourself when you clearly know nothing about it. I say leave it to the professionals. I use the services of an excellent portfolio manager myself, I don't wanna take chances. I advise you do same.
Investing all by yourself with no prior experience can be detrimental, you can loose all your money. I will advice you get assistance from a good professional, that way you will not loose your money, plus you will learn more.
Does anyone have a trusted recommendation that I can look up? Please.
I've said for years that basing inflation numbers on durable goods was idiotic. My kids can't eat a toaster, go see how much milk has gone up. Luckily corporate America bases their increases on the CPI number, so the CEOs are doing okay.. Comes down to the question, where else should I put the $560K in my sav ings besides the financial market
I diversified my $400K
portfolio across various market with the
aid of an investment coach, I have been able to generate a little bit above $1.2m in net profit across high dividend yield stocks, ETF and bonds during this red season.
who is your guide? I lost over $12800 just last week, so I’m in dire need of a financial~~planner#
Credit to JOHANNA MUSSCHE my Investmnt-Adviser
Thanks for this. This recommendation is coming at the right time because i am literally grasping for straws atm! I looked her up online, found her web+site and and scheduled a phone call with her.
The lady seems really nice. This is great.
My friend purchased a house and rented to a young couple. She became pregnant and he moved out. The court system would not evict her and the owner had to pay his own morgage for 18 months. Real estate is not a perfect investment either.
There is risk with everything
I agree. I has a rental property for 6 years. Tenant and his dog torn the house up so bad that I don’t want anything to do with renting. I would fix and flip.
I hope the poor pregnant woman is okay though, too
Omg, Jaspreet!!! 😀😀🔥🔥💖💖🙌🏽🙌🏽🎉🎉 So happy you guys interviewed him!! Such a phenomenal interview!! His RUclips channel is fantastic! Highly recommend.
HMU⬆️⬆️...
It's easy to be an investor during the good times. It's hard to be an investor during the hard times. If you want to be a successful investor,
You're right, an investor with decades worth of time should be doubling down on value and dividend stocks.. heck, especially now when the market is where it is… steep discounted pick ups for long term consistent gains… WIN!
@@brownhilton2842 that’s what I’m currently doing. I’m buying as much as I can handle now through these bad times. I pay my future self first by piling my pay into the market so I can thank myself later for it.
@@brownhilton2842 Exactly man! We are in such a prime time right now to be investing. What an opportunity
I'm new into investing, but I have been studying the market crashes and I was startled at how some investors made millions from the recent 2008 recession and I was wondering if such success rate could be achieved in this present market?
@@diegolim6277 Yes it can, I moved from an average lifestyle to earning over $20k per month, utter shock is the word. I have understood a lot in the past few years to doubt that opportunities abound in the financial markets, The only thing is to know where to focus. Hiring an advisor might be the best option for you as a rookie..
Thank you for an awesome conversation. I'm 51 and have been aware of what's happening now for a couple of years. But boy is it hard and time consuming to unlearn your entire life's learning so you can now get it right. Damn thankful for people like you two who are enabling me to teach my children and grandchildren how it should be done.
I can relate to you I am 55 and been doing for last 5 yrs
The interviewer asks questions and then interrupts with another question that the interviewee never gets to answer the first question.
His RUclips Minority Mindset is AMAZING! So much financial wisdom there.
Minority mindset? That's just a human mindset
wow two of my favorites guys! like the educated big brothers we all need 💕 thanks for the info guys. Great quality content as usual.
I'm in my 60s and I'm more interested in investments that could set me up for retirement , I mean I've heard of people that made hundreds of thousands during these crash.
That's absolutely true!The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner.
@Fredy Dez That's huge! I believe the high-value gains are backed by years of study/experience in knowing what makes what tick. the portfolio-advisr that guides you is who though?
@Fredy Dez i just researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals and scheduled a call....thanks 🙏
In my early 20s I tried to get rich quick. Now in my late 20s. I’m slowly building wealth. I’m patiently waiting to purchase my third real property.
Wow I’m in my early 20s and I’m trying to get rich quick ! Great minds think alike
My number #1 rule was to take my savings/investment money out of check BEFORE it was deposited into my checking account. #2 rule was keep a percentage of savings in cash so when the stock market takes a downturn (like right now) I have money to invest in stocks (assets) that are undervalued:) Not only did I have the money to purchase stocks, I was able to purchase them at what I consider a “sale” value. I also reinvest my dividend into more units of stock.
The mind replays what the heart can't delete . So be careful what you keep in your heart . Purify it often
To whoever reading this , never stop chasing your dreams you can do it . Keep pressing and thriving you will make it ! Consistency is the key to achieve your goals
Bitcoin trading is just like any other business but in this case more sophisticated and advanced .
Investment put you ahead in life , is like buying a day off you don't have to work again , invest now and secure your future .
Starting early is the best way getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to a decent payouts, with the right skills and proper understanding of how the market works
Making profitable trades isnt as hard as you think, I took the right steps as a beginner by investing with a reliable brokerge where all my trades are being handled by financial expert.
Jaspreet in da haus!!! Tom and Jaspreet, my most fave YT educators. Sending love and power to you both!
This was an excellent interview! Definitely at the top of my list for I.T. guests. My favorite take away was just the overall explanation of the financial system in a simple manner.
What is I.T. guests bro?
Impact Theory guests
My favorite takeaway from Jaspreet is that you will not be able to out-save inflation!! I tried telling that to family members to the point I had to walk away to save my mind!! "Financial IQ 101".
Don’t hate yourself if you don’t own assets yet. Also a lot of people aren’t meant to join the cashflow game in the same way. We should be open to new solutions not just fitting into the system as it has been so-called imposed on us (voluntary compliance). Having said that I appreciate this video very much for the insights and overview!
HMU⬆️⬆️..
20:00 That dawned on me once I got to uni and started looking at jobs. "go to uni, get good grades, get a good job and become rich" something just doesn't sit right there
I wish he covered outsourcing everything to China and how THAT also effects supply chain and inflation and REDUCES jobs in the USA. Bringing manufacturing back to the USA would CREATE VALUE and jobs, what he claims is important.
China has the US by the balls, they don’t want to give up those manufacturing jobs and people won’t pay double for a pair of shoes.
I agree, bring manufacturing back to America. I'm tired of buying cheap, Chinese made things from Walmart, I want to buy much more expensive, American made things from Walmart!
This is the problem, Americans have been living large on cheap labor for years, all of us. If you want to bring manufacturing back to the US, who will be able to afford the product being made? Americans don't work for Chinese prices, that cheap thing from Wally World will cost multiple times more to buy.
We did this to ourselves, we're all to blame. We wanted nice things for cheap, and we got them. Meanwhile those jobs were shipped away, because we needed it to be made for less.
Globalists are pumping money into China period. That's what they do... they did it to Soviet Union & Germany, then they go to war against them. They make money on weapons, oil, artillery when they destroy the nation... then make money to rebuild it. They take turns in different nations, it was China's turn to be fat piggy at the table. It's like chess & monopoly combined.
Never going to happen. Most people in the US won't do repetitive tasks for low wages. If it ever gets to that point you'll see a lot of people jumping from factory rooftops just like China.
The Globalists wont like that
Robert kiyosaki author of Rich Dad Poor Dad... It's like hearing him talking. Exact explanation of assets and liabilities
This guy does it without ego. Much better
We all should listen to this over and over again. If you have kids tell them to listen to this video and reward them with a dollar or something. Thank you very much for sharing 🙏🙏🙏
You have the best guest ever!!and you always exercise Multi-Cultural’Diversity❤
The lack of financial education is NOT a flaw of our system, it is a feature. The government DEPENDS on financial illiteracy to operate. If everyone was financially literate governments would be screwed and would have to design new ways to fleece everybody. Governments, elites, super rich etc. - whatever you want to call them need the majority to be financially illiterate or the system no longer works for them.
I haven't thought of these
I started my salon business with stimulus checks now I’m on my way to buying assets. ✅ Pays to be financially educated!
Every family have that one person whom will break their financial burden, hope you are the person spend less. In_vest more
Assets that can make you successful
Bitcoin
Crypto /
Stocks
@@allisonmatt6314 Stock's are crashing, Bitcoin investments Right now will be at every wise individuals list, in a month you will be ecstatic with the decision you made today
You are right sir is obvious alot of people remain poor due to ignorance
Key points
If you are educated, 15:00 you own assets
Become a doctor 17:00 or become a failure. Let me choose!
If I wear it, I am going to own it. 30:45
34:00 buying alcohol is pissing money away.
While your friends spent money at a party, u spent your money and time on building compounds.
Income - Expense = Profit = Investments + Savings
39:00 Don't save for retirement, invest in it.
42:20 Thank God for youtube as we have decentralised education
59:50 buy what u are spending your money on- again with this point- same as said at 15:00
Most times it amazes me greatly the way I move from an average lifestyle to earning over 65k per month, utter shock is the word, I have understood a lot in the past few years to doubt that opportunities abound in the financial markets, The only thing is to know where to focus
Anyways not actually, what I know about trading almost borders on zilch lol. I make huge profits no my investment since I started trading with Richard Scote.
His trading strategies are top notch coupled with the little commission he charges on his trade.
@@kenmorrison5420 Really are you giving him your money or your coin?
My coin stay right in my trading account, my account just mirrors his trades in real-time that's the idea behind copy trading.
Wow, what a coincidence you invested with Mr Richard Scote also? My bi-weekly trading returns is $30,000.
ALL of ur guests are really Legendary 🎉You are Legendary!!keep going don’t stop please THE PEOPLE need you
Two of my favorite channels together! What an amazing episode , so much value yall! Much love!
Yo thank you guys so much for making this video. Hearing you guys say “trade time for money and buy things to flex” is so powerful.
HMU⬆️⬆️...
If you were given a chance to do things,
Do things that really make you happy.
Because these things are what will make your life matter most of the time.
< The Market has been pretty bad. Everybody is Practically Crying. It keeps dipping. That's what you get when you feel you can navigate the process in your own. Big thanks to Larysa Caba. I'm not bothered with how bad the market is because my assests are insured due to her advice and I still receive my profits >
Having Cr yp to As sets and not being able to make Pr o f its out of them can be very frustrating. Big thanks to Larysa Caba, I make hu ge Pr o f its Tr a d I ng with her weekly.
@Fredrick Alfarez wow this is awesome, I'm new at this how can I reach her?
I haven't seen anyone so determined to make her clients profits as Larysa Caba. How she allows you express your fears and still calms your fears is something I admire about her. I don't usually comment on videos but I must put the word out there. She's really great.
@Fredrick Alfarez I Just checked her name out now with my phone. She's Licenced with credible results. Thanks for the Info.
What is the minimum to invest with her?
Absolutely love this. The way Jaspreet showcased his financial literacy and shared his personal growth/pain points really stood out to me. Just gained a sub. Thank you for this!
I"m not an ethnic minority. I do consider my self a minority in mindset. It is a super power. I don't take it for granted. I felt like I was doing something powerful and helpful to my well being but didn't realize it until 5 years ago. Now it's thinking of big picture. Restraint yet rewards at times. But the constant money in money out is total garbage. Thanks for this talk.
If you don’t know where to start investing; start investing in your self. Knowledge is one key 🔑
Yes, health is the most important thing!
@@froesesp agee 100%. Health is wealth.
I wanted to learn how to trade and the best advice I got is to read books about investing. One advice that I have found useful from one of my books is the fact that if you buy stock with low p/e ratio (also called price to earnings ratio and if the is low it usually means that relative to the stock's earnings the stock is undervalued) and also with high return on invested capital (if the return is high it means you made profit) but this is not financial advice to me it is only useful.
I also came to RUclips to here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k.
Somehow this video has helped shed light on some things, but I'm confused, I'm a newbie and I'm open to ideas.
Investing in stocks is a good idea, a good trading system would puts you through many days of success.
It is also possible to produce superior performance provided you do something different from the majority. However, most of us tend to pay more attention to the shiniest position in the market than to the cost of proper diversification.
The cryptocurrency market is seeing one of its worst selloffs since 2020, sparking panic among investors and raising questions about why crypto prices have been increasingly sensitive to gyrations in the market.
Having monitored my portfolio performance which has made a jaw dropping from $360k just the past two quarters alone, I have learned why experienced traders makes enormous returns from the seemingly unknown market.
Literally 2 of my favorite people on RUclips!! These are the types of friends I aspire to have in the future that I could sit down and have these conversations with. Thanks guys great video!
Jaspreet is a very smart man. Great job bringing him on. I have a 150k a year recession proof career. I will start investing this year. I start understanding what's going in early this year
Great info, for sure. Important fyi: Social Security's yearly increase is vastly decreased by galloping cost of Medicare; the yearly increase never meets COL.
Doing things out of spite is a great motivator!
And when you succeed, please stay humble ❤️
HMU⬆️⬆️. ... .
Thank you Tom another great hitter. As a single hardworking mom raising young men this was energizing. I am always trying to explain ways to make their money work for them. And for me this was another push in the right direction for myself also. Thank you for always giving us great content. I am a fairly new subscriber and I am appreciative for all your great interviews and knowledge
Sadly this economic crisis means more inflation and more inflation affects the banking system. My condolences to anyone retiring this year..
Cash isn't king at all in this era and I think the best strategy is to start buying in slowly and then gradually increase the peace of buying as the price continues to drop. Don't catch the falling knife, lol. Long term investors know that's the market and economy will recover eventually, and investors should be positioned for such a rebound..
To manage your money and achieve financial freedom. Start investing, that's the only true way to multiply your income and stay rich always. I spent my 30's and 40's investing in stocks and real estate. That's the best thing I did doe myself, recently discovered crypto now and life feels more easier..
As someone who has invested in some different cryptos and still learning about it. You are realistic and extremely good. Thank yall for educating us newbies. but I'd like to fish out my point of view, BTC is almost like a tease when it gets to these levels and it starts to suck in liquidity around this range but we will have to see how the market reacts to these. This is a perfect time to partake in trading as it is volatile and making use of the dip to earn as I've made over 4.2 BTC when I started at 1.5 BTC in just a few weeks with Lauracharlie, her strategy is so satisfying
It doesn't matter if you are a current hodler or a newbie, you can capitalize on the fluctuation of bitcoin by trading with good strategy/signals.
+1 4 1 3
The moment I realized investing in multiple assets beats putting all my money into savings, that’s when I began to make steps to achieve financial freedom, and the truth is anyone can successfully make money by investing in these assets, the only reason most investors have more losses is because they don't follow the first rule of finding financial guidance. When I found an investment professional who is well-equipped to manage my investments, that's when I started having consistent income on all my investments. It’s been a great journey, I’m glad I find a way to financial freedom.
Sadly I’m just realizing this, but it’s never to late to start.
This feels directed to me.
Hello, Thankyou for this comment, I actually know how important money managers and financial managers are, but I don’t know where to actively look for one. And secondly, since you got experience in this, do you have recommendations of any money manager?
I’ve worked with a few good ones, but My Current manager has the longest working period, he’s been my investment manager for 8 months now.
Have you come across any name like William Stanley PJ?
@@hollowelljeff2242 i first found him on Upwork, so far he’s been excellent.
＋ 14:07-43:41-5:29
WOOHOOO. I remember watching him when he first started. So happy for you Jaspreet!!!!
I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed light on some things, but I'm confused, I'm a newbie and I'm open to ideas.
Investing in stocks is a good idea, a good trading system would puts you through many days of success.
I agree with you dear, stock is the most profitable venture I ever trade in, I reached my goal of $20,000 in just weekly basis earning, setting realistic goals is an essential part of trading
Wow I'm just shocked right now because I just heard the same name of this great expert called "Mrs Mac Debbie"..
Does her service available outside the UK? As her broker is registered in UK.
My cousin recommended her to me. He has been making a lot of profits, the profits he gets is large, I've seen other traders who offers to give you 500% of whatever you invest.
Real Estate is also in a bubble because their price
increases have gone up way higher than incomes.
The ratios are at historical highs. It would be a
bubble regardless of the stock side and investors.
The higher interest rates are just going to make it
pop faster. For now, I'm just gonna stick with asset
diversification using the copytrading system.
Finished second quarter at +21%. Just an average
Joe here trying to thrive in these volatile markets.
I was wondering if investing in a cumulative
ETF during this next decade is a sound
investment. Or is it better to invest in a
distributing ETF (even considering taxes).
@@RDavid. My funds are pretty much diversified. You should probably try
algorithmic trading; copy the gurus, more so
one with experience of the past bear markets. I copy a chartered financial analyst Williams T. Kevin. Been quite consistent. My
portfolio returned approximately 24% in the
first quarter.
@Pablo M. Jay Since it's an algorithmic based model, it's very much transparent because you can actually see what assets you have and how much growth your portfolio has achieved.
You can communicate with him on telegam with the user name below.
@Pablo M. Jay Earnwithkevin.
I find it way better to pay for peace of mind than worry about market trends and still get burned. Thank you for sharing this valuable piece of information here.
Amazing interview! Thanks for sharing!
I just want to thank you so much for bringing everyone this information. Knowledge is power, and you bring power to people. May you receive it back 10 fold.
"You're never gonna be able to outsave inflation!"
-- Jaspreet Singh
These steps from jaspreet can be productive for a certain type of income bracket. The key to building wealth is developing good habits like regularly putting money away in intervals for investments .The financial market has plenty of opportunities to earn.. I made my first million from going diverse, mainly stocks, etfs and bonds . i use a wealth manager and it's been a year of steady growth..
You are totally correct about that as a noob I tried hardly to understand the basics! good on your manager I understand the importance of one!
please do you mind me getting in touch with your manager. i could really use one
@@mitchsapastein5593 sure! she goes by Susan Kay Mack, you can search her up to connect with her
I had to Google to be sure, great resume she has.
Share this one with everyone you know, folks (especially your young adult children)!!! Thanks Jaspreet and Tom for this simple and profound interview.
*"You can't out-print inflation..."
Write that one down!
I am so happy I came accross this channel!!! FREE KNOWLEDGE. TAKE IT AND LET IT SINK IN.
This video is the key to unlock your understanding of what to do next when a middle classer needs to achieve validation of your ideas.
Decided to share some notes for the benefit of all and myself :)
1. Pepole focus on money, money is just a number. They fail to look at money as a tool like jp said. As actually value, purchasing power.
Saving money isn't viable any more, due to inflation, hidden taxes, government grants and a bunch of other sneaky ways the government make sure the riches get richer and the poor get poorer. For those who have everything more will be given to those who has nothing everything will be taken away.
2.an asset is a means that actually works for you
Knowledge is an asset
Stocks,real estate, crypto, gold are all very very good assets that take the invaluable inflating paper known as money and channel it into what it conveys- purchasing power.
3. Understand and withstand- when pepole freak
out and sell- that's the time to buy more!
When pepole are confident be ware
When pepole are cowardly be aware
So what do we do if we purchased crypto and it keeps dropping? Aka shiba?
I have been thinking of investing in cryptocurrency lately but always not getting it,can anyone here be of help please 🙏 🇺🇸🇺🇸
@Sophie David True
I've been able to grow my account to high level within a month under the guidance of Mrs scott.
@@hellenalexander4192 Conversation like this will help beginner not to make mistakes investing with a wrong broker
OMG... y'all know Mrs Britney too,wow she's really a good trader & my portfolio manager,her trading strategies are top notch didn't take for the famous type
@Zachary Kelly Mrs britney has brought me out of the wrenches to a better living through trading options,I encourage newbies to trade with her
@Fredrick Williams Invested £3,000 and she got my financial status blown to £21,045
This was all over the place.You never let the guest explain from the beginning what money is so a whole beginner’s guide was missed.
*👆👆⬆️Thanks for watching please endeavor to message right away the digit above I will love to hear your thoughts on it and for more enlightenment❤️👆👆*
I really loved EVERYTHING Jaspreet said! He kept me engaged entirely thru the show. The key take away for me is my attitude towards money. Think less like a consumer. I have owned real estate for 18 years and learned a lot. Once I sold everything I started to invest heavily in everything BUT real estate….lol
There's only one problem with the idea of putting money into assets: poor people work mainly to pay bills and cover their basic needs. They have no money to invest, while the little they have loses value because of inflation. If you have money to invest, even if you are not rich, you definitely aren't poor.
I agree.. I’m a single mom and I own my own home.. just started my own LLC. with my own money .. I live in a fairly expensive neighborhood.. drive an hour to and from work … I have no savings and it least 20,000 in debt. How can I become financially successful?
@@Reality-OfInnerEarth invest in insurance where you can borrow from yourself with no interest
I have listened to this about 10xs.. every time I listen, something else clicks in my mind
One of the best financial interviews I've ever seen!!! Thank You!
*👆👆⬆️Thanks for watching please endeavor to message right away the digit above I will love to hear your thoughts on it and for more enlightenmen🔝🔝.*
I enjoy hearing you guys back tracking and breaking down every aspect of the conversation. Giving depth and education to your viewers. Thanks! I appreciate it.
Oh man! 2 of my favorite RUclips informants together in one place! Prepare to be educated friends.
HMU⬆️⬆️...
Fantastic discussion, they really should teach this at school.
Unfortunately they don't, because it's part of the system. If everbody would learn this, where would they get the employees that finance this construction?😔
Now why on earth would they do that?!