Your 2024 Step By Step Plan To Become A Millionaire

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  • Опубликовано: 5 окт 2024

Комментарии • 162

  • @MinorityMindset
    @MinorityMindset  9 месяцев назад +22

    Download my FREE Ebook here: briefs.co/yt/build-wealth
    WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS!
    There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through RUclips comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!

  • @HarryGood4u
    @HarryGood4u 9 месяцев назад +282

    So much knowledge! Absolutely free! I was never taught anything about money, I am praying and working to change that. I am 46 no retirement no savings because I made a lot of mistakes when I started investing, trying to correct that now. Already have a few thousands saved up to invest for long term. I would like to know what advice you could give to start my investing journey. Listening to you gives me inspiration and wisdom. Thank you so much!

    • @JonathanBriggs-qd4zi
      @JonathanBriggs-qd4zi 9 месяцев назад

      Well it depends on the investment class that interests you. For digital assets class, the trick is just buy low, sell high. We witnessed enormous gains across different digital assets just this last quarter of 2023. The other is to get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.

    • @Hannah-Green
      @Hannah-Green 9 месяцев назад +1

      Well, I recommend you make a diversification plan because it's been harder to build a good financial portfolio since COVID. My colleague suggested I hire an advisor. I did and I've actually made a fortune with my advisor's help during this market crash. She uses defensive strategies to protect my portfolio and make profits despite the ups and downs.

    • @Ruth0786
      @Ruth0786 9 месяцев назад

      Really? I’ve actually been looking to switch to an advisor for a while now. Just never made up my mind. Any help pointing me to who your advisor is?

    • @Hannah-Green
      @Hannah-Green 9 месяцев назад

      Sure. There are a lot of independent advisors you might look into. But I only work with Carrie Valletta and we have been working together for nearly four years. She has since provided entry and exit points on the securities I concentrate on. She's well-grounded and known.

    • @Ruth0786
      @Ruth0786 9 месяцев назад

      Thanks a lot for sharing, What is the most effective way to reach out to her.

  • @MargotCrest
    @MargotCrest 9 месяцев назад +56

    You could invest in stocks, start a side business, or focus on advancing your career. It's important to set goals and make a plan. Remember, wealth can mean different things to different people,One thing i can say that helped me in life to reach my first million was starting early, i got curious and informed i became open to passive income, investments in equities , etfs and the likes. also sought help to handle my portfolio which was my foundation. i'm ever grateful to Emily Lois Parker my FA.

    • @donaldlocher2537
      @donaldlocher2537 9 месяцев назад

      That’s some good values. sounds like you got something going for you

    • @harleycartley3138
      @harleycartley3138 9 месяцев назад

      Thanks for sharing, I just looked emily up on the web because this is equally important to me, and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

    • @oliviarenereyes
      @oliviarenereyes 9 месяцев назад

      I started investing when I was 37, mostly through sweat equity. I just turned 42 and this last month was the first time that my passive income broke $100k for the month. This is solid advice! DO IT!

  • @RespectfullyHonest
    @RespectfullyHonest 9 месяцев назад +32

    I’m from Detroit Michigan and I’ve been watching you forever! I actually just purchased my 3rd property and am now a self made millionaire! Thank you for everything!!! ❤ - Marquis McKinney

    • @mstodoric
      @mstodoric 9 месяцев назад +2

      I recently just found him. I wish I did earlier in my life. I know teach and share his content in my classroom!

    • @MaxStevenson-ih5ji
      @MaxStevenson-ih5ji 9 месяцев назад

      you're not a millionaire, that's a lie. properties in detroit are worth maybe 100k each if that. You might be on the road to being a millionaire. maybe. but probably not since you're already on here lying.

    • @RespectfullyHonest
      @RespectfullyHonest 9 месяцев назад +2

      @@MaxStevenson-ih5ji okie dokie

  • @parvinderpabla7190
    @parvinderpabla7190 8 месяцев назад +2

    you hit the nail on the head when you stated "negative mindset will make it impossible to succeed." This is great for beginners who think or believe they can't be successful.

  • @themarkandmelteam
    @themarkandmelteam 9 месяцев назад +12

    Mindset is SO important 💯 Im grateful for the positive mindset my parents gave me through faith in the Lords provision. The practical business is so important also. This was a great video!!

  • @dainwilliamson2451
    @dainwilliamson2451 9 месяцев назад +5

    Thank you Jaspreet Singh...I use to read financial books before I started to watch your channel but you have made financial education alot easier and more fun.

  • @BlkDiesel
    @BlkDiesel 9 месяцев назад +4

    Gooooood Mawning to all. I agree with MM on the fact that you must UPGRADE your MINDSET when it comes to wealth. Above all WEALTH BEGINS AND ENDS WITH MINDSET. You must first upgrade your mindset around acquiring wealth, then go to work on your SKILLSETS and then APPLY WHAT YOU'VE LEARNED. Be Elite Today People!

  • @shaundrafelder8706
    @shaundrafelder8706 8 месяцев назад

    I know you're not a preacher, but you are preaching! We all need to be taught these lessons starting in at least junior high school.

  • @terid6708
    @terid6708 9 месяцев назад +1

    Where have you been all my life? I have spent 70 years trying to learn this financial game and still did not know all you are teaching me. It has been painful in so many ways. Much of what you teach I would love to shout from the root tops and would give anything to have learned these lessons decades ago. In order to get rich the first step is to say you are important enough to invest some of your income. It's a losing game to spend everything and so many people just don't get it! Can't thank you enough for the information you are making easily available to all. Please keep it up! My first step was a program I love, YNAB, to set up a budget. It has been a long road since then and today it is topped by Minority Mindset. Very grateful I have been traveling this path. Thank you again. Teri

  • @Nunnikins
    @Nunnikins 9 месяцев назад +3

    So I'm at the point where I'd like to up my financial education. I got rid of all my CC debt, saved the $2k, and now I'd like to start reading some books. What are some good financial education books everyone would recommend?

  • @Philippayne-sk3tj
    @Philippayne-sk3tj 9 месяцев назад +1

    Having been concerned about finances throughout my entire adulthood, it's captivating to observe this video and realize that one can achieve alot if goals are set right. Experiencing the freedom of not being preoccupied with the financial concerns that consumed me for numerous years is truly liberating. I suppose this is the result of putting in diligent effort for the future.

  • @senaittes6810
    @senaittes6810 9 месяцев назад +6

    Please please please talk more about the people who live from paycheck to paycheck how they can save or invest but it's hard even living below your means
    Thank you🙏

    • @WeBeatMedicare6969
      @WeBeatMedicare6969 9 месяцев назад +3

      You need to increase your income..:get a better main job..get a side hustle, if you have one already get a third job…reduce your expenses, pay your debts…don’t go out to eat or spend money on alcohol

  • @Suzy2QPA
    @Suzy2QPA 9 месяцев назад +1

    You inspired me to review my accounts slash my spending and payoff my debts

  • @ellendean2273
    @ellendean2273 9 месяцев назад +2

    Fantastic, inspirational talk, clear and convincing. I don't find it repetitive at all. And even if it were I would not mind, I need to hear some things many times, like a mantra, so that it settles in my brain. I struggle with saving and paying off my mortgage.

  • @michaelmastrangelo3226
    @michaelmastrangelo3226 9 месяцев назад +1

    Repitition builds mastery. However, I would love it if every now and then the channel broke down the mechanics of certain topics rather than the theory. Great content. Appreciate you! 😊

  • @veerukabaka6470
    @veerukabaka6470 9 месяцев назад +1

    I♥️this channel especially the repetitions!!!

  • @MillionaireHouseholdFinance
    @MillionaireHouseholdFinance 9 месяцев назад +4

    Great points about mindset. It really is the place to start. People forget that money is just a tool. And a necessary one if you want to live a reasonably comfortable or worry-free life.

  • @stillhopeful7048
    @stillhopeful7048 6 месяцев назад

    Great episode Jaspreet! Thank you so much, I appreciate your knowledge. ❤

  • @kevinfestner6126
    @kevinfestner6126 9 месяцев назад +4

    You're terrific. I'm 80 pct there, and some years, you have to go back to the buckle down phase, ex... Health insurance costs, and inflation.
    I created a process, and after refinements, I trust the process. I will be entering my 9th year of my 10 years of sacrifice.
    I watch your channel mostly for motivation.

  • @Basics-HQ
    @Basics-HQ 8 месяцев назад

    Thank you Jaspreet Singh.

  • @elytraxp
    @elytraxp 9 месяцев назад +1

    Great video! I really love watching your content every morning as part of my daily routine, and it certainly helps to keep me motivated.

    • @mstodoric
      @mstodoric 9 месяцев назад +1

      I listen to him on my drive to and from work. 💯

  • @valentinaarrelaro
    @valentinaarrelaro 9 месяцев назад +2

    I've been reading lot of articles mentioning how worthless 'cash savings' are in this current unstable economy and as a rookie sitting on over 300k cash, do you suggest I invest in real estate, stocks or gold?

  • @wondwessenshibeshi3716
    @wondwessenshibeshi3716 9 месяцев назад +1

    My fantastic guru! Thank you, you are my favorite.
    Buying life insurance and using HELOC in Canada, can you please cover the subject how it works?

  • @CathyDahut
    @CathyDahut 9 месяцев назад

    GREAT ADVICE!!!!
    THANK YOU, AND BLESSED HOLIDAYS,!!!!

  • @justinebukala3114
    @justinebukala3114 9 месяцев назад

    Can you make a video on how you analyze a company to determine whether or not you want to invest in that company. How you go over the numbers

  • @HenG20
    @HenG20 9 месяцев назад +1

    🔥🔥🔥
    Thank you for the reminder!

  • @ahsankazmi4416
    @ahsankazmi4416 9 месяцев назад

    You are doing a great job Jaspreet. Do you have any video where you talked about whether to pay off mortgage if rate is low or invest somewhere else. Also, how to choose whether to pay off house or save for kids education

  • @CirceIsland
    @CirceIsland 9 месяцев назад

    Good morning! Thanks for all your hard work MM team!.

  • @dennyoviedo4102
    @dennyoviedo4102 9 месяцев назад

    You are an excellent human , thanks you brother.

  • @tim_9562
    @tim_9562 9 месяцев назад

    Glad to see no bots BELOW!!! well minus the broken record richhand..👀

  • @Williebeecomedy
    @Williebeecomedy 9 месяцев назад

    Great show the knowledge is amazing

  • @imanishimwerenovat8622
    @imanishimwerenovat8622 9 месяцев назад

    This video is a life saver

  • @mstodoric
    @mstodoric 9 месяцев назад

    Can you make a short video of about 20 minutes I can share to my high school students? All they want to do is look rich now and not later.

  • @nannajaysadventures
    @nannajaysadventures 8 месяцев назад +1

    I invested a few years ago, have lost money so far, not gained.

  • @TheLovely990
    @TheLovely990 9 месяцев назад

    Hello. Mindset is very important.

  • @Nunnikins
    @Nunnikins 9 месяцев назад

    Hey Jaspreet! Been following you for awhile and live the video. The mindset stuff is great; I've finally gotten to step 3. I'm CC debt free and saving each month. How do I go about creating a varied investment strategy and evaluating potential investments to ensure I'm not taking on too much risk?

  • @madrugade8242
    @madrugade8242 9 месяцев назад

    Furthermore, there has to be a real acknowledgment that spending money now is very pleasurable.

  • @shilpab9685
    @shilpab9685 9 месяцев назад

    I was just listening to your video about saving money and paying credit debts before investing. Coming from an Indian culture I was thinking ah that’s easy I don’t spend much 😂 . You just nailed the Indian thinking !

  • @ychongy
    @ychongy 9 месяцев назад

    The greatest showman

  • @C6MSX
    @C6MSX 9 месяцев назад

    Sardar Ji thanks for your video, Q: I’m on a DMP at the moment planning to come out in 3.5 years, should i work that out first or proceed knowing there’s no interest?

  • @wandaalicea3282
    @wandaalicea3282 9 месяцев назад

    You should write a book
    I have the feeling that a minority mindset book would be a best seller
    I believe in you

  • @GrayDuckGaming
    @GrayDuckGaming 9 месяцев назад

    I watched the stock market fall in march of 2020, but i didnt invest because i thought it would go down more. I saw the stock market faulter in 2022 and i didnt invest because i thiught it was going to go down more. I saw the dip this fall and i didn't invest because i thought it would go down more. Don't be like me.

  • @SANJAY-un3pc
    @SANJAY-un3pc 9 месяцев назад

    You can definitely live without money. But if you want to have money for the emergency situations in life such as health then you should become a millionaire.

  • @drsingingeagle
    @drsingingeagle 9 месяцев назад

    What if I'd rather have a 1974 Dodge Charger SE Brougham with a 440 engine? And a 1947 Dodge 3-Ton Power Wagon with a brand-new Cummins engine?

  • @justinhawthorne2809
    @justinhawthorne2809 9 месяцев назад +1

    I love your content

  • @PriceActionResearch
    @PriceActionResearch 9 месяцев назад

    Jaspreet, you sound like a day trading influencer. You start at 50 dollars a day, a week, a month. Then you grow it to 75 dollars a day, a week, a month. Then you can make 200 a day, a week, a month. Just a thought exercise for you. What makes what you are saying better than someone who is day trading? Its the same exact concept. Go to your white board and run a few examples, step back and look at both algorithms. Its the same mathematically. I look forward to a video on it. ;)

  • @zgblundell
    @zgblundell 9 месяцев назад

    Jaspreet what is your opinion on REITs like Fundrise?

  • @dennythedavinchi3832
    @dennythedavinchi3832 9 месяцев назад

    I live in Canada, I do not know other Canadians live financially, but I can say, my southern neighbors are fucked up with their lives.

  • @normidwest1316
    @normidwest1316 9 месяцев назад

    very motivating

  • @madrugade8242
    @madrugade8242 9 месяцев назад

    this is a a huge uphill battle because we are all facing trillions of dollars of ads created by the world’s smartest people, all with the goal of convincing us to spend our money. The author of this video is himself paid by ads designed to make YOU spend your money now.

  • @sandorvarga.6982
    @sandorvarga.6982 9 месяцев назад

    ACTIVASION

  • @darkknightbk
    @darkknightbk 9 месяцев назад

    I have saved 100k. How do I turn it into a million ?

  • @randygip5276
    @randygip5276 9 месяцев назад

    Mind over matter

  • @folusha6846
    @folusha6846 9 месяцев назад

    But Jaspreet!!!!!!🙃

  • @violetasettle4419
    @violetasettle4419 9 месяцев назад

    50 Grand in high-interest savings annually for 20 years.

  • @madrugade8242
    @madrugade8242 9 месяцев назад

    And third: so many people die with lots of money & assets when they should have spent & enjoyed it.

  • @enigmathegrayman2953
    @enigmathegrayman2953 9 месяцев назад

    My income is in investments before I can even spend it!

  • @John-g2u5c
    @John-g2u5c 9 месяцев назад

    Simple just buy put options for an expiration of 2026. The market will have crashed a lot by then

  • @hedykarim3614
    @hedykarim3614 6 месяцев назад

    Now that same house is orthodox hundreds f thousands

  • @counteldamar5135
    @counteldamar5135 9 месяцев назад +1

    There're no pockets in shrouds. Don't waste your life becoming a millionaire.

  • @alc5260
    @alc5260 9 месяцев назад +98

    I like your show but it is getting to a point where you keep repeating yourself over and over again...

    • @RedPandas3111
      @RedPandas3111 9 месяцев назад

      Because it’s a proven method, what do you expect, a magic trick to get rich overnight?

    • @dc_creations954
      @dc_creations954 9 месяцев назад +2

      😂😂​@@TwoWheelly

    • @gSizzzzle
      @gSizzzzle 9 месяцев назад +61

      Repetition is one of the easiest ways to learn something. But if it bugs you that much then maybe expand your horizons to other content creators

    • @SpunkyGrubber
      @SpunkyGrubber 9 месяцев назад +64

      I agree that it’s a little repetitive, but that’s how wealth is built. By consistently doing the same boring unsexy stuff every day 😅

    • @livingart2576
      @livingart2576 9 месяцев назад +31

      You have the freedom to ignore future content. 👍
      I find him motivational and these reminders keep me on track.

  • @renechana.artitect
    @renechana.artitect 9 месяцев назад

    Hi! Love al your videos and your honesty, but damn dude! you speak too fast & there is too much to take in. Lol! It may be better if you speak slow, like a good speaker or politician giving a speech, and maybe split all that valuable advice and info in many videos instead, I think. Hope that honest feedback from me in return helps you too. (Not sure, I may be wrong!). Either way, I love everything you are doing to help shift us towards a more investing mindset. I hear you and paying more attention to all this investing thinking. Never paid too much attention to it in the past and paid the price. Keep up the good work, god bless and thankyou.

  • @tmdrake
    @tmdrake 9 месяцев назад

    Founder rawrs.

  • @eduardomora5740
    @eduardomora5740 9 месяцев назад

    A Dodge Challenger is crazy 😂😂

  • @darnelljohn7077
    @darnelljohn7077 9 месяцев назад

    Jaspreet. Why did you have to get so personal? 😅
    I have been listening for quite some time now and I told my self consciously that the last item I would ever finance is this phone... I swear I have not and will not financed since. Please stop rubbing it in my friend 😂

  • @LawrenceRobertson-vx8wh
    @LawrenceRobertson-vx8wh 9 месяцев назад

    I chased money for 27 years and don't have nothing to show for it. So keep repeating yourself. Im a learn you.

  • @Tvrz
    @Tvrz 9 месяцев назад

    So at the current rate of devaluation of the U.S. dollar, by 2024s end you might have enough for a used 5th wheel trailer... @ one million

  • @Imraz__Khan
    @Imraz__Khan 9 месяцев назад

    🔥❤

  • @turadura6620
    @turadura6620 9 месяцев назад +2

    I would say this is an empty content

  • @virendrasinghrathore5900
    @virendrasinghrathore5900 9 месяцев назад

    What's your status of current cash flow status
    Me : "Below"😢
    Thank you for your videos 🙏

  • @pooman4185
    @pooman4185 9 месяцев назад

    Get a business, get a business loan, hide your money, go bankrupt.

  • @javornieelvie8290
    @javornieelvie8290 9 месяцев назад

    I'm first

  • @luisloza8043
    @luisloza8043 9 месяцев назад

    Ohh yeah I’m the first to comment for the first time 🎉😂

  • @liako4u
    @liako4u 9 месяцев назад +1

    Unfortunately nothing new. Same brief life story and same steps toward finance independence or even wealth. No new content, so no new value.

  • @tmdrake
    @tmdrake 9 месяцев назад

    too much over population.... miss the days of american patriotism.

  • @MehmetEfeYlmaz-zs1bh
    @MehmetEfeYlmaz-zs1bh 9 месяцев назад +2

    All aboard the Amazons AMZP44X train! Choo Choo! We're not stopping until we hit the moon.