The TRUTH About Multiple Streams Of Income & The 7 Millionaire PASSIVE Income Streams

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  • Опубликовано: 7 сен 2024
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    The TRUTH About Multiple Streams Of Income & The 7 Millionaire Income Streams | Minority Mindset
    3:31 - Working to create multiple income streams at once
    7:44 - Working for income while investing money for multiple streams of income
    10:31 - Active investments vs passive investments
    12:27 - The single focus strategy to building wealth
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    Video host: Jaspreet Singh
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Комментарии • 456

  • @MinorityMindset
    @MinorityMindset  3 года назад +47

    Thank you for watching! If you enjoyed this video, you should watch - Where To Invest In 2021 (Economy, Stocks, Real Estate): ruclips.net/video/-UeabOxkKQ4/видео.html

    • @MillieMuncher360
      @MillieMuncher360 3 года назад +1

      I've seen a bunch of your videos but haven't seen a breakdown of paying off debt vs. Investing or a video of best thing to do with a sudden lump of money (inherited/work bonus/lotto winning). I'm interested in your thoughts since i currently have both situations.

    • @vibeladiesnight
      @vibeladiesnight 3 года назад +2

      I’m NOT ready to invest in real estate! Ppl are so crazy lol But I did buy some quality stocks and working on marketing an ebook on Amazon

    • @harmanjotsingh4230
      @harmanjotsingh4230 3 года назад

      Is it just me or did your graphics just took giant leaps lol. Like the new logo as well.

    • @vibeladiesnight
      @vibeladiesnight 3 года назад

      @@bilgisahibisin6586 this is an email for ebooks?

    • @vibeladiesnight
      @vibeladiesnight 3 года назад

      @@bilgisahibisin6586 I’m super sacred of crypto stocks. I’d like to do more research

  • @crosses101
    @crosses101 3 года назад +151

    Because this advice is free, most people won't understand the value.

    • @investidormoderno2658
      @investidormoderno2658 3 года назад

      ...Mail now ☝️ for investment guidance especially in crypt⭕🇱🇷🇱🇷✔️🇱🇷🇱🇷✔️

    • @fastlife711
      @fastlife711 3 года назад +2

      Well said👍

    • @w9906
      @w9906 3 года назад +1

      That's not true.

    • @SuppaiMono
      @SuppaiMono 3 года назад +4

      When you see an account with the same name as the video's channel, but without the check, highlight, and leads to a traffic-less channel: 🤨

    • @Sh-hj8zk
      @Sh-hj8zk 3 года назад

      For there to be winners there needs to be losers- Local Jedi Crackfiend

  • @NickKravitz
    @NickKravitz 3 года назад +32

    Most of the passive income gurus tell you they have 7 streams of income. The reality is that all streams come from selling people passive income dreams. Great video!

  • @noelstout3056
    @noelstout3056 3 года назад +32

    It can pay off handsomely to think outside the box and go where many investors fear to go. Forex trading can turn on a dime and very few investors have generated a long-term competitive advantage day trading.

    • @sanjayprashad4695
      @sanjayprashad4695 3 года назад +2

      Forex trading on a daily basis can be exhilarating, but it's a risky way to invest.

    • @ethansmith2499
      @ethansmith2499 3 года назад +1

      The most common Forex trading mistake to avoid is believing you can succeed without any experience or trading education.

    • @noelstout3056
      @noelstout3056 3 года назад

      @@sanjayprashad4695
      All trades and investment involves risk. you have to be willing to learn appropriate patterns, rules, and strategies.

    • @nicktony2293
      @nicktony2293 3 года назад +1

      Day trading is like anything in this life..if you go unprepared, you will be burnt. only a few have turned $1,000 into hundreds of thousands. Most people will not.

    • @jamesowen9384
      @jamesowen9384 3 года назад

      There’re highly-effective Forex trading strategy for beginners

  • @CHEFPKR
    @CHEFPKR 3 года назад +102

    I think this was a reality check for me. I am definitely stretching myself thin in different areas and I realize it's been taking away from polishing content.

    • @investidormoderno2658
      @investidormoderno2658 3 года назад

      _K_a_t_i_e_t_u_t_o_r_1_0_@_g_m_a_i_l_._c_o_m_
      🇱🇷🇱🇷✔️...
      ...

    • @investidormoderno2658
      @investidormoderno2658 3 года назад

      .....Mail now ☝️ for investment guidance especially in crypt⭕🇱🇷🇱🇷✔️🇱🇷🇱🇷✔️

    • @solascriptura-e7t
      @solascriptura-e7t 3 года назад +1

      ...and I'm losing so much sleep;
      and arriving to work, late, far too often.

  • @michellesun-forbes30under38
    @michellesun-forbes30under38 3 года назад +44

    A mentor once said to me: *"Don't work on multiple streams of income UNTIL the first stream becomes a RIVER"*
    I think about that a lot.

  • @SeanLunny
    @SeanLunny 3 года назад +71

    I think the importance here is to go DEEP on one stream and then wide. Make one stream work so well that it’s easy to open more sources if that makes sense

  • @kenyen_life
    @kenyen_life 3 года назад +103

    "Don't half-ass two things, whole-ass one thing." - Ron Swanson

    • @milliebucks6050
      @milliebucks6050 3 года назад +3

      This quote is so dope 💯✅

    • @clarkclarke
      @clarkclarke 3 года назад

      and Isn't it funny how people think that multi tasking works???

    • @trailsofsamurai4975
      @trailsofsamurai4975 3 года назад

      Master in one thing is ok. But you have to put all yields in various pockets that can produce more yields

  • @StanHopson
    @StanHopson 3 года назад +41

    I feel salary is a drug given to people to forget about their dreams, finding out about the market was like discovering fire, now my numbers keeping going up.

    • @ericmckenzie9708
      @ericmckenzie9708 3 года назад +2

      Nothing seems better than a profitable investment to me the feeling of a rise in portfolio or cashing out monthly, could you elaborate on what you are saying I am interested,All my efforts have gone down the drain investing as a newbie,could you please tell me how to make passive incomes too.

    • @StanHopson
      @StanHopson 3 года назад +4

      8 years ago in 2012 when I started investing in stock&bond my Financial advisor/Portfolio manager Hovik Morte suggested I bought some stocks that he knows will yield valuable profits and he also forecasted that these companies will triple their net-worth in a space of 8 years.I did not regret taking he's advice because I've made over 2 million in raw profits over the years.I started with 200k back then.

    • @_Spencer
      @_Spencer 3 года назад +5

      One thing this pandemic has brought to light is that living life on your salary is foolish and honestly isn't really living at all. Amazing numbers man!

    • @olivermartins5783
      @olivermartins5783 3 года назад +3

      I repositioned some of my dividend stocks with the help of my Investment adviser Hovik Morte,I’m buying fractional shares of BNGO,TSLA, AMZN ,NIO ,NVR again. Before, I was after dividends for passive income but it’s a slow growth so now I’ll take my chances on high growth stocks like SHLL, WKHS, PLNHF 13 I've gotten a 120% increase this month I'm sure to reach a million sooner

    • @StanHopson
      @StanHopson 3 года назад +3

      Mail
      @

  • @BruceJWayne
    @BruceJWayne 3 года назад +34

    this year im gettin there! thank you always Jaspreet

  • @samabdel1049
    @samabdel1049 3 года назад +53

    I woke up healthy this Morning again , Life is Good ☺️

    • @8Maduce50
      @8Maduce50 3 года назад

      The small things

    • @PIKOLO390
      @PIKOLO390 3 года назад +2

      Health is part of the best wealth humans can have

    • @kirisutegomen12
      @kirisutegomen12 3 года назад +3

      Most important thing in life

  • @ANSKHALID1
    @ANSKHALID1 3 года назад +24

    It really helped me, because I'm exactly at this stage to want to do a whole bunch of everything and at the end I'm not able to do anything significant

    • @thefarmersdaughter8235
      @thefarmersdaughter8235 3 года назад +1

      Try doing one thing for starters.

    • @investidormoderno2658
      @investidormoderno2658 3 года назад

      _K_a_t_i_e_t_u_t_o_r_1_0_@_g_m_a_i_l_._c_o_m_
      🇱🇷🇱🇷✔️...
      ..

    • @investidormoderno2658
      @investidormoderno2658 3 года назад

      ......Mail now ☝️ for investment guidance especially in crypt⭕🇱🇷🇱🇷✔️🇱🇷🇱🇷✔️

  • @TheAndrewLopezFinancePodcast
    @TheAndrewLopezFinancePodcast 3 года назад +133

    Passive income stream 8: yolo-ing on meme STONKS

    • @MinorityMindset
      @MinorityMindset  3 года назад +20

      😂😂😂

    • @financemadesimple-personal2086
      @financemadesimple-personal2086 3 года назад +1

      😂

    • @esaug644
      @esaug644 3 года назад +5

      Only if youre early in on it because once everyone is talking about it its too late

    • @ordinaryhuman5645
      @ordinaryhuman5645 3 года назад

      YOLOs are active. These day trading pros are modern day athletes behind keyboards and screens.

    • @jillpruett4772
      @jillpruett4772 3 года назад

      Dave Ramsey is pretty good at coming up with different products/services that go with his mission. He has a system for starting something and also managing risk. Only about 10% of ideas generally pan out so he starts out with a low level cash based test market to see if it works. Throw a lot of seeds on reasonably fertile soil and see what sprouts.

  • @tareshtheentrepreneur1327
    @tareshtheentrepreneur1327 3 года назад +29

    Every family has a person who breaks the chain of poverty. I hope you will be that person!

  • @rastarun7205
    @rastarun7205 3 года назад +40

    Appreciate the amount of free education you’re providing me getting my pockets right

  • @shaereub4450
    @shaereub4450 3 года назад +21

    Reminds me of what Garrett Gunderson said "passive income is actively managed first".

  • @vibeladiesnight
    @vibeladiesnight 3 года назад +20

    I've started this passive income idea. I've already invested into stock LONG TERM and I am writing an ebook. I'm hoping to get a little brand going to make more passive investment from my brand. I'm always learning

  • @Dagzfromearth
    @Dagzfromearth 3 года назад +10

    Thank you for all that you do. I got divorced, had to file bankruptcy chapter 13, and have child support payments. 4 more years of that. That all took a financial toll on me. Your channel is helping me get back going now that my repayments are done. On the road to recovery so i'll possibly have a shot at a retirement. Keep up all the great work, i'm learning so much.

    • @littleredpony6868
      @littleredpony6868 3 года назад +1

      Good thing you didn’t give up. The road to recovery ain’t easy but worth it.

    • @S1N2D3S
      @S1N2D3S 3 года назад +1

      Same boat as you, Financial devastation after a divorce. I will never get married or have kids ever again. I will buy the Milk and not the Cow. I’m not going Monk or MGTOW, just not entrapping or binding myself to anyone again in a legal contract.

    • @Dagzfromearth
      @Dagzfromearth 3 года назад

      @@littleredpony6868 Lots of wishing i could take the trips, have the new cars like many of my friends, but I'll be better off in the long run without them. Good thing my kids are smart and understand. Though my daughter wants me to save and take her to Japan. ha!

  • @crownsofseven0281
    @crownsofseven0281 3 года назад +7

    I like how you are intelligent and real at the same time. Keep up with the great content

    • @investidormoderno2658
      @investidormoderno2658 3 года назад

      _K_a_t_i_e_t_u_t_o_r_1_0_@_g_m_a_i_l_._c_o_m_
      🇱🇷🇱🇷✔️...
      ..

    • @investidormoderno2658
      @investidormoderno2658 3 года назад

      ......Mail now ☝️ for investment guidance especially in crypt⭕🇱🇷🇱🇷✔️🇱🇷🇱🇷✔️

  • @qmakesithappen
    @qmakesithappen 3 года назад +30

    Stay narrow until it makes sense to go wide 💯🏁

  • @PrinceObhan
    @PrinceObhan 3 года назад +6

    The part that comes after you've watched this video is finding that first thing you want to narrow into and grow. It takes some soul searching to find your calling, life mission driven calling. Inventoroze your skills, identify what kind of consumers are willing to pay for those skills, design outcomes, target advertise, rinse and repeat.

  • @tbd6541
    @tbd6541 3 года назад +10

    Man, your the best Jaspreet! Another great video full of well needed information. Thank you my brother. Hope you have a wonderful day!

  • @UnwanaUdoh
    @UnwanaUdoh 3 года назад +7

    Thank you for clearing this up Jaspreet.

  • @thomasr2438
    @thomasr2438 3 года назад +10

    JASPREET!! Thank you, I have learned not enough from you and wait for these new videos. Also came to CLICK ON THE LINK.....BELOW

  • @BigFleks
    @BigFleks 3 года назад +5

    I have no savings account and have been instead investing in stocks small amounts every month for 4 years. I have finally hit 6 figures and never thought i could grow so much from small amounts. Compound interests needs to be taught to the masses

  • @deidrascott8871
    @deidrascott8871 3 года назад +2

    Thanks for this. I appreciate you.

  • @michaeldavies223
    @michaeldavies223 3 года назад +7

    Thank you Jaspreet for another amazing video I think this has got to be one of your best videos

    • @investidormoderno2658
      @investidormoderno2658 3 года назад

      _K_a_t_i_e_t_u_t_o_r_1_0_@_g_m_a_i_l_._c_o_m_
      🇱🇷🇱🇷✔️...
      ....🇱🇷🇱🇷✔️

    • @investidormoderno2658
      @investidormoderno2658 3 года назад

      ....Mail now ☝️ for investment guidance especially in crypt⭕🇱🇷🇱🇷✔️

    • @michaeldavies223
      @michaeldavies223 3 года назад

      Go away scamers

  • @realfinalsay
    @realfinalsay 3 года назад +17

    I have 62 streams of income.... every stock I own pays me dividends. 😂

    • @magnafire1
      @magnafire1 3 года назад +1

      I have 500. Lol

    • @chikipichi5280
      @chikipichi5280 3 года назад +2

      Dividends stocks do be da way to go for retirement unless you hit it lucky on some meme stock

    • @realfinalsay
      @realfinalsay 3 года назад

      @@magnafire1 😂

    • @realfinalsay
      @realfinalsay 3 года назад

      @@chikipichi5280 Yeah!😅

    • @realfinalsay
      @realfinalsay 3 года назад +1

      @@oluwaseunodeyemi408 Lol, 🤣 yep your exactly right....honey.😂

  • @dr.thaliaw9881
    @dr.thaliaw9881 3 года назад +34

    “Success is the progressive realization of a worthy idea!” Earl Nightingale....⭐️🌟

  • @DJEshelman-personal
    @DJEshelman-personal 3 года назад

    "If you REALLY believed in your business, why are you putting money into the stock market..." at 13:27 is a statement that people need to put into a loop. So much truth. It is exactly what I did. FOCUS WINS.
    I use a "Pillar" analogy myself. Build the pillars of your building, then you have a floor... then you can move on to the next floor, etc.

  • @danieldpa8484
    @danieldpa8484 3 года назад +3

    Currently focusing only on dividend investment & my day job while preparing to launch my own business.

    • @investidormoderno2658
      @investidormoderno2658 3 года назад

      _K_a_t_i_e_t_u_t_o_r_1_0_@_g_m_a_i_l_._c_o_m_
      🇱🇷🇱🇷✔️...
      ..

    • @investidormoderno2658
      @investidormoderno2658 3 года назад

      ......Mail now ☝️ for investment guidance especially in crypt⭕🇱🇷🇱🇷✔️🇱🇷🇱🇷✔️

  • @Mister_Hassan
    @Mister_Hassan 2 года назад +1

    One of the best videos and advice on youtube.

  • @broskibrewer2187
    @broskibrewer2187 3 года назад +1

    Easily one of your most valuable videos

  • @wannabeaznufcfighter
    @wannabeaznufcfighter 3 года назад +2

    I am starting to enjoy watching you videos in the mornings. They come out around the same time I get done making my coffee and getting settled in for the day.

    • @investidormoderno2658
      @investidormoderno2658 3 года назад

      _K_a_t_i_e_t_u_t_o_r_1_0_@_g_m_a_i_l_._c_o_m_
      🇱🇷🇱🇷✔️...
      ....

    • @investidormoderno2658
      @investidormoderno2658 3 года назад

      ....Mail now ☝️ for investment guidance especially in crypt⭕🇱🇷🇱🇷✔️🇱🇷🇱🇷✔️

  • @JRAMOSK20
    @JRAMOSK20 3 года назад

    I did the same at i e point ,juggling multiple things and now I’ve pushed away from most and I’m now focusing on 2-3 income sources

  • @sa1sa624
    @sa1sa624 3 года назад +1

    I got a 3090 mining about $10 bucks a day and blockfi making about $7.5 ontop of regular wage. Bearly getting in stocks to create a new one.

  • @TheMindandTheMatter
    @TheMindandTheMatter 3 года назад +1

    My guy...Pure gems. Thank you for what you do. The dopest people are the ones that cut through the all the chaos to show others a way out.

  • @Aoni6666
    @Aoni6666 3 года назад +9

    I just discovered I have 5 income steams. Can I go get some extra guac at Chipotle now lol.

  • @jeffreyguntle8631
    @jeffreyguntle8631 3 года назад +2

    I been working at slowly! Right now I have 4 different steam of income. Which I'm growing slowly, but one day it all going to pay off!

  • @chris24hdez
    @chris24hdez 3 года назад +2

    the biggest thing i would like to see in your app is a checklist tool to gauge progress and help with focus on certain stages or retirement planning or diversifying and balancing investment classes, as well as tips for automating contributions and distributions among asset classes.

    • @investidormoderno2658
      @investidormoderno2658 3 года назад

      _K_a_t_i_e_t_u_t_o_r_1_0_@_g_m_a_i_l_._c_o_m_
      🇱🇷🇱🇷✔️...
      ..

    • @investidormoderno2658
      @investidormoderno2658 3 года назад

      ......Mail now ☝️ for investment guidance especially in crypt⭕🇱🇷🇱🇷✔️🇱🇷🇱🇷✔️

  • @thereacheliteprocess
    @thereacheliteprocess 3 года назад +5

    I really needed to see this video! Right on time !

  • @nickdoyle-achievefinancial2464
    @nickdoyle-achievefinancial2464 3 года назад +2

    Going all in on a career isn't as bad as some make it out to be. I've put nearly all of my effort behind my career in software engineering. I enjoy it, it's in high demand, and it pays well.

  • @rapparootzmusik5407
    @rapparootzmusik5407 3 года назад +2

    As always love your videos man! I love how you keep us amateurs in a wealth like mindset focusing on strategy and teaching us how to prioritize interests and investments

    • @investidormoderno2658
      @investidormoderno2658 3 года назад

      _K_a_t_i_e_t_u_t_o_r_1_0_@_g_m_a_i_l_._c_o_m_
      🇱🇷🇱🇷✔️...
      ....

    • @investidormoderno2658
      @investidormoderno2658 3 года назад +1

      ....Mail now ☝️ for investment guidance especially in crypt⭕🇱🇷🇱🇷✔️🇱🇷🇱🇷✔️

  • @DebtFreeDee
    @DebtFreeDee 3 года назад +11

    Doing a lot and doing a lot of nothing at the same time. I really like the wheel vs the ladder example. It makes way more sense to me, as opposed to spreading yourself too thin in random unrelated ventures. Another great video 👏🏾

  • @kathirs1
    @kathirs1 Год назад

    I loved this video Jaspreet. I tried to put my hands in all these streams now have a realization. Thanks for your videos again

  • @avgholson8143
    @avgholson8143 3 года назад +1

    Hey Jaspreet! Can you do a video on preparong finances for transitioning careers or retirement. Maybe a timeline to steadily maintain financial stability during this major transition?

  • @lucygelz
    @lucygelz 3 года назад +2

    Please make a video of really good active investments that can be started with a minimum wage income please

  • @Elaba_
    @Elaba_ 2 года назад

    16:47 That's similar to the Amazon-flywheel.

  • @truckingwithbigmike1435
    @truckingwithbigmike1435 3 года назад +6

    You are spitting some knowledge

  • @pauldavid601
    @pauldavid601 3 года назад

    I'm going with the Ultra Diamond Dividend approach:
    I buy pieces of any dividend stock/etf that pays dividends and hold. Period.

  • @mikeem848
    @mikeem848 3 года назад +1

    There's a lot of belief in the idea to never put all of your eggs into one basket. The problem is that, like most things, we all know what actions or things we 'should' do. The problem is we have zero clue as to WHY we should be doing it, even if we 'think' we do. I definitely feel like I'm taking the focused approach. Right now, 'most' of my eggs are in one basket. I have a couple elsewhere, but they're all mostly in one so that I don't spread my attention too thin. I'm not a robot I can't spread my focus evenly everywhere and be effective at everything. I think there's a saying that goes "Jack of all Trades, Master of None."

  • @maquedaslawnmaintenancevlo3989
    @maquedaslawnmaintenancevlo3989 3 года назад +1

    Thank a lot this probably a good video for a lot of people

  • @loinman6773
    @loinman6773 3 года назад +1

    Hello, thanks for introducing him to us, I actually did the trade with a loan from my friend and now with the profit I payed up and now am happy and comfortable with everything

  • @yelenafoster6024
    @yelenafoster6024 3 года назад +2

    In my case, allot of time and allot of money 💲💲 lol but we have multiple sources of passive income 😊 and definitely worth it!!

  • @manhoosnick
    @manhoosnick 3 года назад

    Bless you Jaspreet, you have really helped me understand finance a bit better. Keep hustling

  • @edstraight846
    @edstraight846 3 года назад

    Jaspreet, you just keep getting better and better! You and your crew are giving us great info in a very interesting manner. Thanks

  • @annadreamsart9756
    @annadreamsart9756 2 года назад +1

    Thank you!

  • @clarencesconiers5356
    @clarencesconiers5356 3 года назад +2

    My favorite video thus far. Helped me narrow some things out.

    • @bilgisahibisin9500
      @bilgisahibisin9500 3 года назад

      _K_a_t_i_e_t_u_t_o_r_1_0_@_g_m_a_i_l_._c_o_m_

    • @bilgisahibisin9500
      @bilgisahibisin9500 3 года назад

      🇱🇷🇱🇷✔️...
      ........Mail now ☝️ for investment guidance especially in crypt⭕🇱🇷🇱🇷✔️🇱🇷🇱🇷✔️

  • @simran6521
    @simran6521 3 года назад +1

    What's your views on farmer's protest???????

  • @elementalAlma
    @elementalAlma 3 года назад

    I worked real hard for a bunch of years, invested in education to make myself an expert in my business, invested in stocks and created a retirement account, then a couple years later, bought a condo to rent on airbnb, then bought a camping van to rent a couple years later... now I am not making money at my business right now because I am living off those rental incomes, and my work now is developing online classes to release to make passive income with my expert area, also I wrote a book to self publish soon...

  • @solascriptura-e7t
    @solascriptura-e7t 3 года назад

    2020 was my primary reason to greatly focus on developing several streams of income.
    Obviously,
    the key is NOT to stretch oneself too thin.

  • @philliplewis5189
    @philliplewis5189 3 года назад

    This video was a confirmation!!! I have heard about the Income Ladder and Wealth Wheel but never developed the understanding I needed to fully pivot and focus on a singular revenue stream outside my Job of course. Thank You, Jaspreet Singh. I Truly NEEDED THIS VIdeo!!!

  • @drewblake6304
    @drewblake6304 3 года назад +1

    Hey guys need some input. I have a rental property that ive had for 4yrs. Its done amazing for me and got me into my own personal residence and paid of my vechile and has provided me $500 a month of passive. Now, with the crazy market, its worth triple. If i sell now i can pay of my place and be mortgage free plus have some cash on the side. Im not sure if i should sell tho but with market who knows when it could come to an end? Im conflicted. Any input is welcome:).thank you

  • @alexw.e.1390
    @alexw.e.1390 3 года назад

    Great video, however you didn't place the videos at the end. It just says place thumbnail here.
    Hope this comment is helpful

  • @TheErraticTheory
    @TheErraticTheory 3 года назад

    multi-income stream only works when they are time upfront. Like writing a book or making a video online class, where you don’t have to continue putting in time and can start the next project.

  • @laron.henderson
    @laron.henderson 3 года назад

    I used to join all these different mlm companies and affiliate programs. Recently I realized I can't do all these different things at once. I have to get one income stream working first and then build other incomes

  • @JustADumbConstructionWorker
    @JustADumbConstructionWorker 3 года назад +2

    Thank you for clarifying!

    • @investidormoderno2658
      @investidormoderno2658 3 года назад

      _K_a_t_i_e_t_u_t_o_r_1_0_@_g_m_a_i_l_._c_o_m_
      🇱🇷🇱🇷✔️...
      ....

    • @investidormoderno2658
      @investidormoderno2658 3 года назад

      ....Mail now ☝️ for investment guidance especially in crypt⭕🇱🇷🇱🇷✔️🇱🇷🇱🇷✔️

    • @JustADumbConstructionWorker
      @JustADumbConstructionWorker 3 года назад +1

      @@investidormoderno2658 HAHAHAHA! This has got to be fake as Jaspreet would never recommend investing in cryptos.
      Plus you profile was just created with no subscribers.
      Please stop and leave.

  • @janp3331
    @janp3331 3 года назад +1

    Jaspreet, can you do a topic on being extremely risk-averse and only using Savings and Roth IRA?

    • @janp3331
      @janp3331 3 года назад +1

      @Minority Mindset Thank you

  • @Mywalkingblog
    @Mywalkingblog 3 года назад

    Having a sincere focus is a lost art nowadays. Great, informative video Jaspreet!

  • @JohnMiller-iu2sx
    @JohnMiller-iu2sx 3 года назад

    I spent 5 years focused on building my irrigation company. Now I work a lot less for the same income I made as an employee. This year I'll do some marketing for more growth, but its time to diversify.

  • @hugofullante3758
    @hugofullante3758 3 года назад +2

    I like the analogy. Thank you for this very educational content

    • @bilgisahibisin9500
      @bilgisahibisin9500 3 года назад

      _K_a_t_i_e_t_u_t_o_r_1_0_@_g_m_a_i_l_._c_o_m_

    • @bilgisahibisin9500
      @bilgisahibisin9500 3 года назад

      🇱🇷🇱🇷✔️...
      ........Mail now ☝️ for investment guidance especially in crypt⭕🇱🇷🇱🇷✔️🇱🇷🇱🇷✔️

  • @r.danielsejas215
    @r.danielsejas215 3 года назад +1

    My Guy! you did it again!
    awesome video!
    you gotta tell your audience that are stuck on neutral the difference of Knowledge vs Applied Knowledge.
    Because applied Knowledge is power!

    • @bilgisahibisin9500
      @bilgisahibisin9500 3 года назад +1

      _K_a_t_i_e_t_u_t_o_r_1_0_@_g_m_a_i_l_._c_o_m_

    • @bilgisahibisin9500
      @bilgisahibisin9500 3 года назад +1

      🇱🇷🇱🇷✔️...
      ........Mail now ☝️ for investment guidance especially in crypt⭕🇱🇷🇱🇷✔️🇱🇷🇱🇷✔️

  • @Violinna
    @Violinna 3 года назад

    I needed to see this video so much, bc I'm stuck on that ladder - thank you Jaspreet!

  • @JonathanSilva-ib1hq
    @JonathanSilva-ib1hq 3 года назад

    Great financial knowledge jaspreet, I am satisfied and thankful to get taught beneficial and educating financial information.While not being informed on the latest financial news stories of the world like other channels. This is a great educational video on handling finances, thumbs up👍

  • @CaseyBurnsInvesting
    @CaseyBurnsInvesting 3 года назад +22

    8th source of income about to be onlyfans if this job market gets any worse.

    • @nicolew2299
      @nicolew2299 3 года назад +1

      😂😂

    • @btsmith
      @btsmith 3 года назад +1

      I'm speechless 😂😂

    • @dodopson3211
      @dodopson3211 3 года назад +1

      You say that jokingly but I've seriously thought about it 🙈 shamed.

    • @appleforever6664
      @appleforever6664 3 года назад

      Huh?

    • @losfromla1480
      @losfromla1480 3 года назад +1

      Only for "strong independent" women.

  • @SikhiArt
    @SikhiArt 3 года назад +2

    I like how you say 'Jaspreet Singh' in Punjabi and not 'jazz pre sing' in English haha

  • @timothyperkins178
    @timothyperkins178 3 года назад

    Thanks again Jaspreet. I look forward to your videos every day. This one was particularly good. I needed the reminder that I'm only one person and should only focus on a couple of things I know I can do well.

  • @79nsg
    @79nsg 3 года назад

    I needed to hear this. I'm stretching myself too thin in unrelated "ladder" enterprises. Keep up the good content.

  • @stefansly1990
    @stefansly1990 3 года назад

    Yes Man was actually underrated Jim Carrey movie. Wouldn't say it's in his Top 5 but definitely a Top 10.

  • @superman9772
    @superman9772 3 года назад

    thank you for putting these principles into a video... so many persons forget the fundamentals of success... the principles presented in this video are true and reasonable for every facet of living. time is a limited commodity.... your ideas, efforts, focus, discipline, and adaptiveness are your value.... and never forget that money is just a tool and not the goal... our greatest strength is the ability to collaborate as persons and create systems such as the marketplace... in order for the marketplace to be successful, the marketplace needs trust and integrity in the system and between persons... success for the individual and the community should always flow together... community cannot survive without individuals and individuals cannot succeed without the community

  • @tp7663
    @tp7663 3 года назад +4

    Grand rising to you all!! I've been waiting for this video minority mindset is a movement!!💪🏾

  • @RalphMickey
    @RalphMickey 3 года назад

    Thanks for making this one especially. I have a bad case of FOMO too and I am doing the ladder thing now (have been for quite a while) and have only gotten more spread out lol.
    So my quesion is: If you start out with doing the youtube thing, can you also start doing things like basic merch and affiliate marketing to put in your descriptions, etc ?

  • @broskibrewer2187
    @broskibrewer2187 3 года назад

    I have capital in REIT, crypto, and in my learning for building an agency and now I find myself needing to reexamine how deep I am invested everywhere

  • @kureomado1629
    @kureomado1629 3 года назад +2

    INVESTING IS HOW YOU CREATE WEALTH, I STARTED INVESTING FROM THE PANDEMIC CRASH 👊

    • @joycejohnny6327
      @joycejohnny6327 3 года назад

      You're absolutely right 👍💯
      Waiting for the government to provide is a big waste of time

    • @fernandezrodrigo8066
      @fernandezrodrigo8066 3 года назад

      Investment are the step stones to success

    • @user-nl9pv7eu7n
      @user-nl9pv7eu7n 3 года назад

      Well said investing is good but investing in the right thing is the actual key to success

    • @marymartin5752
      @marymartin5752 3 года назад

      There are so many investment out there but if profit must be considered,then not all those investments are good to go into and not all can you stand the test of time

    • @daverolando5736
      @daverolando5736 3 года назад

      the right choice of investment has always been a big problem for me because I know that picking up the wrong investment will leave a big skirt in the future

  • @twizasichilima7392
    @twizasichilima7392 3 года назад +1

    Thank you for mentioning that there is a learning curve you have to go through when you start. Problem with investment is that people who like drawing us to it just say "Simple and You make a lot of money" that is not usually the case. Success at these things can take years.

    • @bilgisahibisin9500
      @bilgisahibisin9500 3 года назад

      🇱🇷✔️...
      ........Mail now ☝️ for investment guidance especially in crypt⭕🇱🇷🇱🇷✔️🇱🇷🇱🇷✔️

  • @JC-wl6zg
    @JC-wl6zg 3 года назад

    Best video so far, according to like/dislike ratio. Well done!
    Appreciate your honesty.

  • @Joethebro101
    @Joethebro101 5 месяцев назад

    It’s not mutually exclusive. You can have multiple streams of income and still master one thing. Sometimes when you try to master one thing only you can lose that one thing.

  • @hector1094
    @hector1094 3 года назад

    This video is about me getting rekt by throwing my money into a lot of different crypto currencies 😁
    Now I'm in a learning process, narrowing my focus into good projects.

  • @keritans
    @keritans 3 года назад +4

    5th! Yes gotta focus on one thing first and then branch out after you become a master of one thing.

  • @SinnisjInsulator
    @SinnisjInsulator 3 года назад +2

    Stream one buy a property, stream 2 make a RUclips channel, stream 3 learn yo cook and make another RUclips channel, lol. Stream 4 hire a good investor to invest your savings, stream 5 have a massive inheritance lol, stream 6 insulate your attic to r60 and save on heating and cooling bills each month

  • @yaseen2703
    @yaseen2703 3 года назад

    Very valuable info thanks Jaspreet!

  • @BigD-jc6rj
    @BigD-jc6rj 3 года назад +1

    The "ladder approach" sounds a lot like "passive income ADHD." I am of the opinion that if you start too many things at once, you will do none of them well.
    A lot of millionaires also delegate, A LOT. For example, an E-commerce business requires a TREMENDOUS amount of time and money to start. However, when it gets big enough, you can start delegating a lot of the procurement, packaging, advertisement, and shipping.
    If you start renting properties, you will be PERSONALLY cleaning houses between tenants, until you start bringing in enough money to hire employees to do it for you, and then a property manager to oversee them.
    Of course, you can also hire some human resources employees to do the hiring as you get even bigger.
    Millionaires delegate A LOT. They have very little time to do all these things by themselves. It's all "delegate, follow up, and audit" once you get BIG. That is also why offices are largely autonomous throughout the year, and corporate stops by a few times a year to audit processes, earnings, etc.

    • @investidormoderno2658
      @investidormoderno2658 3 года назад

      _K_a_t_i_e_t_u_t_o_r_1_0_@_g_m_a_i_l_._c_o_m_
      🇱🇷🇱🇷✔️...
      ...

    • @investidormoderno2658
      @investidormoderno2658 3 года назад

      .....Mail now ☝️ for investment guidance especially in crypt⭕🇱🇷🇱🇷✔️🇱🇷🇱🇷✔️

  • @amorgod7776
    @amorgod7776 3 года назад

    Would doing Real Estate, Investing, E-commerce be a good combo?

  • @jasonirvin6782
    @jasonirvin6782 3 года назад

    Been watching,listening and reading minority mindset for years and I believe this was the best “Directional” video yet! Thanks so much man !

    • @jasonirvin6782
      @jasonirvin6782 3 года назад

      @Minority Mindset Done and Done! Thank you again

  • @AlexRodriguez-rq4jf
    @AlexRodriguez-rq4jf 3 года назад

    Another awesome video. I sometimes spread myself to much and this was a good reality check.

  • @anthonymikhael1264
    @anthonymikhael1264 3 года назад +1

    well that was a smooth way to announce an app you're making on youtube....... NICE.

  • @Sebas-mi5vt
    @Sebas-mi5vt 3 года назад

    So if you’re interested in getting into real estate investing should you avoid stock market so you can put all your capital into real estate ?

  • @cryptoflippodcast
    @cryptoflippodcast 3 года назад +8

    *Focus on one income. Dominate*
    Then expand and let the money grow ❤️🎉

    • @MinorityMindset
      @MinorityMindset  3 года назад

      100%!!!

    • @littleredpony6868
      @littleredpony6868 3 года назад +2

      Yup. I just barely got my little snowball formed in the stock market and even took on a second job to buy more dividend stocks and it’s been growing

    • @cryptoflippodcast
      @cryptoflippodcast 3 года назад

      @@littleredpony6868 Love that! Keep hustling

  • @DrDianeThompson
    @DrDianeThompson 3 года назад

    This information was so timely. Thank you!

  • @jgmatp
    @jgmatp 3 года назад

    Robert Allen. A good read.