How To Get Rich - Explained In 16 Minutes

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  • Опубликовано: 7 май 2024
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Комментарии • 82

  • @MinorityMindset
    @MinorityMindset  12 дней назад +4

    Join Market Briefs for FREE and get my daily financial newsletter: briefs.co/market/jaspreet
    WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS!
    There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through 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!

  • @r.massattack4052
    @r.massattack4052 12 дней назад +29

    I look forward to all of Jaspretts videos. He's so informative and breaks it down.

  • @MonsieurLabbe
    @MonsieurLabbe 12 дней назад +14

    Best 16 minutes spent in my entire life!!! Jaspreet, you have outdone yourself in this message. Thank you ❤😊

  • @Jazz313
    @Jazz313 12 дней назад +15

    Great advice ❤delayed gratification

    • @cataldoleone
      @cataldoleone 12 дней назад +2

      Been doing it for a while ..... it works

    • @cataldoleone
      @cataldoleone 12 дней назад

      Been doing it for a while .... it works

  • @simonedm111
    @simonedm111 12 дней назад +7

    This is the highlight of my day. The best 16 minutes, thank you🙏🏽

    • @RetroSounds1001
      @RetroSounds1001 12 дней назад +1

      I agree with you 100%

    • @simonedm111
      @simonedm111 12 дней назад +1

      The only thing I would add is to get out of debt. Debt puts you in a choke hold.

  • @user-nq2no8id4s
    @user-nq2no8id4s 12 дней назад +13

    I hope this message spreads far and wide. Thank you Jaspreet.

  • @eionsmith100
    @eionsmith100 12 дней назад +8

    Here for the information.

  • @IVMTAB
    @IVMTAB 12 дней назад +2

    One of those rare RUclipsrs who actually cares about how his viewers should be getting wealthy

  • @emoney705
    @emoney705 12 дней назад +4

    One of your best videos as of recent. More Money is to buy assets

  • @EcomCarl
    @EcomCarl 12 дней назад +6

    straightforward approach to wealth-building is both practical and effective. Emphasizing investment and cash flow as key strategies provides clear direction for anyone looking to enhance their financial stability. 👍

    • @pipita_simz
      @pipita_simz 3 дня назад

      So if I'm buying etf's like the S&P500 and I spend every month regardless of the market buying these to hold for long like 20+. Am I on Good track?

  • @AnthonySmith-ti6cf
    @AnthonySmith-ti6cf 6 дней назад

    I love this man, Jaspreet, and how he teaches! He is just great, and not arrogant and condescending like D Ramsey!

  • @PJMunoz21
    @PJMunoz21 12 дней назад +2

    Great advice. Thank you.

  • @adrianamuneton902
    @adrianamuneton902 12 дней назад +1

    Thanks Jaspreet

  • @gisellet808
    @gisellet808 6 дней назад

    Thanks for the knowledge! Great video!

  • @lashawn369
    @lashawn369 12 дней назад +3

    Checking in from the DMV.

  • @milleniallgt9715
    @milleniallgt9715 12 дней назад +2

    I’m loving covered call dividend ETFS, stacking the high cash flow!

    • @user-nl4yn1my3e
      @user-nl4yn1my3e 12 дней назад

      Jepi and Jepq ?

    • @milleniallgt9715
      @milleniallgt9715 12 дней назад

      @@user-nl4yn1my3e FEPI, SPYI, & QQQI. They maintain nav and pay high dividends! And appreciate

  • @GBJ1993
    @GBJ1993 12 дней назад +1

    This really motivated me. Thanks!

  • @chantryrodriguez
    @chantryrodriguez 12 дней назад +4

    Ur the best!

  • @omni875
    @omni875 12 дней назад +1

    I can confirm, this information is 100% accurate. It's really that easy, the hard part is the discipline to actually get started and do it. Once the snowball gets rolling, it all gets easier. Only thing I would add to your list is, get out, and stay out of debt. Not owing anyone money is an amazing feeling.

  • @jacc88888
    @jacc88888 12 дней назад

    Great video!

  • @SarahRoberts8965-qd9mr
    @SarahRoberts8965-qd9mr 12 дней назад

    Great video

  • @TheBanwait8
    @TheBanwait8 12 дней назад +3

    I think if you are making good money...like he said 1MM a year, you can afford to spend it on a BMW. Going to extremes for a regular joe also does not work...earn, save and invest. Don't deprive yourself. But delaying gratification is key and also buying things with cash and not credit, can help build wealth too.

  • @josephl6727
    @josephl6727 12 дней назад +3

    Gotta get that guac!

  • @juniorcagatin111
    @juniorcagatin111 12 дней назад

    i love ur idea

  • @copypaste_pro
    @copypaste_pro 12 дней назад +5

    I invest in a daily basis, hopefully it will pay off…

  • @curiouscat104
    @curiouscat104 12 дней назад

    I'm wandering if I should have bonds in my investments cause bonds are not making any money at all. This is one the the decision I'm struggling with. By the way, love your videos.

  • @VM-fr1qn
    @VM-fr1qn 12 дней назад

    Where do you invest or buy gold?

    • @Jfokes
      @Jfokes 10 дней назад

      Coin shop

  • @kingaguilar5997
    @kingaguilar5997 12 дней назад

    Have you heard of IUL??

  • @MrFargo1001
    @MrFargo1001 12 дней назад

    Jas is the Man! Love Him! Will say from my own observations, the average little guy has no idea how to invest successfully. That's how the Wealthy stay that way.

  • @markaword1561
    @markaword1561 12 дней назад +1

    Morning ☕️

  • @iwillnotcomply6556
    @iwillnotcomply6556 12 дней назад

    Nice

  • @andrewsusen3154
    @andrewsusen3154 11 дней назад

    Would you consider paying off student debt with the snow ball method a type of investing? I'm figuring paying those off will have a similar effect.
    Plus once they are paid off or close to it I plan on taking 75% of what we are paying on debt and invest it.

  • @mollyEmiliano
    @mollyEmiliano 11 дней назад +63

    )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.

    • @shukriCamila
      @shukriCamila 11 дней назад

      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.

    • @Leonardogreta
      @Leonardogreta 11 дней назад

      A lot of folks downplay the role of advlsors 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 licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

    • @romeoLucia189
      @romeoLucia189 11 дней назад

      How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.

    • @Leonardogreta
      @Leonardogreta 11 дней назад

      Svetlana Sarkisian Chowdhury 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..

    • @cherieElena-vb6il
      @cherieElena-vb6il 11 дней назад

      Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

  • @petemasengale1314
    @petemasengale1314 12 дней назад +3

    I earned the money, I'm getting the guac

  • @Fozloz846
    @Fozloz846 12 дней назад +2

    🙏

  • @user-bd7vt3ke4g
    @user-bd7vt3ke4g 11 дней назад

    Jaspreet I love you brother.
    My question is where do I buy Gold and how do I buy stocks, bonds, and mutual funds, etc, etc. I'm a truck driver

    • @nikosfarma5643
      @nikosfarma5643 11 дней назад +1

      Start with having a heart of gold. I do not say this as a joke. Have the best of luck.

    • @user-bd7vt3ke4g
      @user-bd7vt3ke4g 11 дней назад

      I can't find the gold& stocks store. Can you point me in the right direction

  • @kaderguerrab6073
    @kaderguerrab6073 12 дней назад

    For me it’s the cheapest way of investing with out taking out loans

  • @LuisGonzalez-xv4zz
    @LuisGonzalez-xv4zz 12 дней назад

    I struggle on where to invest the money. I do not like to take much risk.

    • @user-uc8jo4nq1p
      @user-uc8jo4nq1p 12 дней назад

      90% Global index fund. 10% physical gold.

  • @mannya_realtor
    @mannya_realtor 10 дней назад +1

    The key is what you do with the money - BUY ASSETS!

  • @jjfitness2009
    @jjfitness2009 12 дней назад +2

    respect, 🥑🥑🥑

  • @ForestFWhite
    @ForestFWhite 12 дней назад +1

    Step 2, I think, because financing an education, a family, a home, etc. happens before people have any education on money, so they end up broke later. Most of us would invest more if we didn't have loans, the biggest scam aimed to keep young people poor for life.

  • @noblesinghraina
    @noblesinghraina 6 дней назад

    🤗🥰🤗Amazing

  • @user-vsmsdos
    @user-vsmsdos 12 дней назад

    I'm stuck on step: find something that can cash flow for less than $20000 and a lot of liability going forward

  • @Dalshin
    @Dalshin 12 дней назад

    getting rich is a painstaking process taking a long time span ...there is no gold rush any more...times of easy money are long gone

    • @Jfokes
      @Jfokes 10 дней назад

      100% people have degrees and can’t even get jobs with their degree.

  • @Felix2011y
    @Felix2011y 12 дней назад +2

    Jaspreet please dont take it personally but, I think weddings are a huge money pits, I say that because you say you are married, and that indian weddings are expensive, that money could be used to build a business, there is no much difference between an expensive wedding and buying a nice car, again dont tske it personally, just an observation

    • @SS-sy4uu
      @SS-sy4uu 10 дней назад

      Lol weddings should be a once in lifetime experience...you just cheap...

    • @Felix2011y
      @Felix2011y 10 дней назад

      @@SS-sy4uu so is that expensive vacation

  • @venturigaddisii2424
    @venturigaddisii2424 12 дней назад +1

    Im struggling with earning more money

    • @shanefentonSF
      @shanefentonSF 12 дней назад +1

      You have to become more valuable

  • @summerjoy247
    @summerjoy247 12 дней назад

    I think you can treat yourself to the bmw now 😊

  • @seoulmansupra
    @seoulmansupra 12 дней назад

    There is no specific formula for getting rich, unfortunately because everyone is in a different lane.

  • @copypaste_pro
    @copypaste_pro 12 дней назад +3

    First…

  • @frankmccampbell3377
    @frankmccampbell3377 12 дней назад

    We Kick Butt Everyday, Yeah

  • @raisingstandard
    @raisingstandard 9 дней назад

    Do you offer consulting?

  • @vadymsalyuk8159
    @vadymsalyuk8159 12 дней назад

    🔥🔥🔥🔥🔥💪💪💪💪💪🤩🤩🤩🤩🤩

  • @Kevin-fn1rn
    @Kevin-fn1rn 12 дней назад

    How many times can you release a video on the same topic lol

  • @TheLizardKing1967
    @TheLizardKing1967 12 дней назад +2

    Next video: How To Get Rich on Worthless Paper That's Not Worth the Paper that it's written on. Good LUCK with that one.

  • @pensacola321
    @pensacola321 12 дней назад

    He says just about the same thing every video.

  • @PatienceMaybe-zg6fu
    @PatienceMaybe-zg6fu 11 дней назад

    THANK YOU FOR THE ENCOURAGEMENT OF FIGURING THE INDIVIDUALISM PRIORITIES ❤ 💪 PROMOTERS RESEARCHERS DOC BRIAN A CHALKIN D.O PRAYER SOLIDERS ❤COMMUNITY CONNECTORESEARCHErSINGH😊