The 3 MONEY MYTHS That Keep You Poor! (How To Build Wealth) | Jaspreet Singh & Jay Shetty

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  • Опубліковано 2 тра 2024
  • Jay Shetty talks to Jaspreet Singh about financial education. The best investment that you can do in your life is to invest in yourself. That’s why learning about finance is an important skill that we need to acquire in order for us to grow our mental wealth while also growing our financial wealth.
    Jaspreet Singh is a serial entrepreneur and licensed attorney. Although he didn’t receive any formal financial education - he’s on a mission to make financial education fun and accessible. Jaspreet is the Chief Executive Money Nerd at the Minority Mindset Companies and the host of the Minority Mindset UA-cam Channel.
    Want to be a Jay Shetty Certified Life Coach? Get the Digital Guide and Workbook from Jay Shetty jayshettypurpose.com/fb-getti...
    What We Discuss:
    00:00 Intro
    02:07 Understanding the role of money in your life
    04:55 Four aspects of life
    08:03 Money is a tool for you to do the things you want to do
    11:42 Importance of financial education
    14:26 The 3 bad habits in handling money
    16:08 Don’t go broke just to look rich
    18:10 The problem with saving money
    19:30 Stop blindly following the system
    27:59 Understanding the concept of money
    30:53 Equity
    33:58 The wealth formula
    36:10 Investing with little money
    40:42 The best investment in the world
    45:09 Delayed gratification
    49:43 Having financial confidence
    51:27 Recessions and market crashes
    1:02:56 Avoid emotional investing
    1:09:22 Jaspreet’s Final Five
    Do you want to meditate daily with me? Go to calm.com/jay to get 40% off a Calm Premium Membership. Experience the Daily Jay Only on Calm!

КОМЕНТАРІ • 1 тис.

  • @user-bf2lh9ok2i
    @user-bf2lh9ok2i 6 днів тому +1312

    The fact that nobody talks about the forbidden book Scarpure money speaks volumes about how people are stuck in a trance

    • @sceneizfilmova5105
      @sceneizfilmova5105 6 днів тому +2

      wow, thanks for the info, I didn't know it was available again

  • @Isael-qk5rz
    @Isael-qk5rz 6 днів тому +65

    There have been plenty of questions about why interest rates have not yet been cut, with the rate of inflation dropping sharply.

    • @AntoninaLarisa
      @AntoninaLarisa 6 днів тому +6

      I always advice to have an orientation on how it works before getting involved. Trade offers more benefits with Mr Sam Deymon

    • @user-si2jt2nk7g
      @user-si2jt2nk7g 6 днів тому +6

      I value your perspective and content!!depending on this current administration is a total failure I really have a question For someone with less than $15,000 to invest, how would you recommend we enter the crypto market? I am at studying some traders and copying Mr Sam's strategy rather than investing myself and losing money emotionally what's your take on this approach?

    • @StevenBlack-il5wf
      @StevenBlack-il5wf 5 днів тому +7

      I always advice new members to have an orientation on how it works before getting involved. Trade offers more benefits with Mr Sam Deymon.

    • @Celikmanzerrin
      @Celikmanzerrin 4 дні тому +2

      As an investment enthusiast, I often wonder how top level investors are able to become millionaires off investing. I do have a significant amount of capital that is required to start up but Sam Deymon strategies and direction is what you need to approach to help you make decent returns like $250k.

    • @MaiChiPham-fz4tr
      @MaiChiPham-fz4tr 4 дні тому +9

      He's mostly onTE LEG RAM....

  • @RobertBrown..
    @RobertBrown.. 12 днів тому +343

    I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $450k gains with months, I'm really just confused at this point.

    • @champhallier8468
      @champhallier8468 12 днів тому +4

      diversifying your investments is the safest way to handle it. One way to lessen the effects of a market crisis is to distribute investments over a variety of asset classes, such as international equities, bonds, and real estate. It's critical to look for expert advice.

    • @AshlelThomas
      @AshlelThomas 12 днів тому +3

      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 licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

    • @tunnelvision3246
      @tunnelvision3246 12 днів тому +1

      That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this coach?

    • @AshlelThomas
      @AshlelThomas 12 днів тому +2

      KENNA MURIEL HESSELING 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.

    • @JackHudson.
      @JackHudson. 12 днів тому +2

      I just looked her up on the internet and found her webpage with her credentials. I wrote her a outlining my financial objectives and planned a call with her

  • @MinorityMindset
    @MinorityMindset Рік тому +1233

    Thank you for having me on Jay! it was an honor 🙏🙏🙏

    • @myAPIcjourney
      @myAPIcjourney Рік тому +40

      Thank you for being on! I'm on the way to your channel to subscribe. I have been on a journey to increase my financial literacy. Often I feel overwhelmed when it comes to financial education, but I felt calm listening to this and it made me want to learn more.

    • @NathalieLazo
      @NathalieLazo Рік тому +15

      it was a pleasure learning from you too! Thank you for all you do :)

    • @NathalieLazo
      @NathalieLazo Рік тому +11

      @@myAPIcjourney That is so awesome! You're on your way to financial growth by learning from this master! Congrats! :)

    • @pennycommerford7830
      @pennycommerford7830 Рік тому +9

      This was literally a life changing interview for me, as I start building a new business. Hold my nerve in scary times. Thank you so much, both of you. The Final Five were awe inspiring. I am now going to ensure my children are properly financially educated, so they learn to build assets, not just valuing net worth . Bless you both.🌷

    • @m1126richards
      @m1126richards Рік тому +7

      Powerful thought provoking stuff… overwhelmed me but I needed that!

  • @LucyAkira371
    @LucyAkira371 6 годин тому +6

    The problem we have is because Most people always taught that " you only need a good job to become rich. These billionaires are operating on a whole other playbook that many don't even know exists.

    • @LouiseGeier90
      @LouiseGeier90 6 годин тому

      Money invested is far better than
      money saved, when you invest it gives
      you the opportunity to increase your
      financial worth.

    • @ChosenKhaza-
      @ChosenKhaza- 6 годин тому

      It is remarkable how much long term
      advantage people like us have gotten by trying to be consistently not stupid,
      instead of trying to be very intelligent.

    • @MiaAva872
      @MiaAva872 6 годин тому

      The wisest thing that should be on
      everyone mind currently should be to
      invest in different streams of income
      that doesn't depend on government
      paycheck, especially with the current
      economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.

    • @JohnMichael007
      @JohnMichael007 6 годин тому

      I also keep seeing lot's of people
      testifying about how they make money investing in Stock, Forex and Crypto Trade(Bitcoin) and I wonder why I keep loosing. Can anyone help me out or at least advice me on what to do.

    • @GreysonRowan-
      @GreysonRowan- 6 годин тому

      Even with the right technique and
      assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.

  • @BrainHarrow
    @BrainHarrow Місяць тому +1086

    I love this video and feel it was made for me. But as a beginner what is a good A.I. stock to invest in? Or how do i know which stocks to buy?

    • @ReyanBenson
      @ReyanBenson Місяць тому

      I see you just don't have the required skillset to profit off a down market, folks that are making profit in this market are pros and experts with in-depth knowledge and skillset.

    • @CatherineAlas-ys8rn
      @CatherineAlas-ys8rn Місяць тому

      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.

    • @BridgetNelson-di9kc
      @BridgetNelson-di9kc Місяць тому

      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.

    • @CatherineAlas-ys8rn
      @CatherineAlas-ys8rn Місяць тому

      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..

    • @AllenBrunghm
      @AllenBrunghm Місяць тому

      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.{

  • @LancEthan
    @LancEthan 24 дні тому +1495

    very true 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.

    • @Otmangrey
      @Otmangrey 24 дні тому +1

      I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective consider financial advisory for informed buying and selling decisions.

    • @catherinerea3569
      @catherinerea3569 24 дні тому

      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.

    • @catherinerea3569
      @catherinerea3569 24 дні тому

      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..

  • @yung1448
    @yung1448 2 місяці тому +56

    Jay and Jaspreet are amazing. “How to secure wealth”

    • @yung1448
      @yung1448 2 місяці тому +1

      Making money is action, keeping money is behavior and Growing money is knowIedge.

    • @yung1448
      @yung1448 2 місяці тому

      I am fortunate I made productive decisions that changed my finances (accumuIated over 1MiII in 2years) through my financiaI coach. Bought my 2nd house in January and hoping to retire at 51 next year.

    • @yung1448
      @yung1448 2 місяці тому

      sear ch the name, if you care.

    • @yung1448
      @yung1448 2 місяці тому

      Rebecca Martin Watson

    • @douglaschester2097
      @douglaschester2097 2 місяці тому

      i’m amazed to partake on this, it has rekindled the fire to my goals.

  • @Evelyn-gv8jy
    @Evelyn-gv8jy 7 місяців тому +205

    I'm 54 I and my spouse are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for*

  • @jashandeepaulakh590
    @jashandeepaulakh590 6 місяців тому +146

    I am 20 and I feel myself lucky to watch this video. “ I WANT TO GROW & I WILL GROW”.

    • @kapilkalia2867
      @kapilkalia2867 6 місяців тому +3

      Yes yes that the mindset we all want….just keep going…no matter it is baad or good results….just keep going or keep doing

    • @sumitradotel
      @sumitradotel 5 місяців тому

      ​@@HesussMryusp😊

    • @WildJasmineFlowerSchool
      @WildJasmineFlowerSchool Місяць тому

      Really enjoyed this thank you so much

    • @xpager
      @xpager Місяць тому

      You are bro
      I’m 35 and I wish I watched this 10years ago

  • @chestermaximestinfil1405
    @chestermaximestinfil1405 Місяць тому +1

    after watching this episode , i'm already feeling wealthy without having money yet

  • @SteveDutton-v
    @SteveDutton-v Місяць тому +199

    Buffett and Munger have both achieved an incredible feat with Berkshire. They've turned thousands to billions, and have made a lot of people wealthy in the process. I really saw the potential of the stock market by reading Berkshire's annual letters. I recently sold my $674k apartment in the Bel Air area and I'm hoping to throw it into the stock market. I just don't want to lose everything.

    • @mikey43221
      @mikey43221 Місяць тому +4

      Most people either do not understand the power of compound interest, or are just impatient. For the average Joe, however, I think it is just best to invest in the S&P 500, and just wait, which is reliable, albeit extremely long-- lots of years. Or just use a professional analyst and speed up wealth creation. Most people underestimate the power of the latter.

    • @WillieNickell
      @WillieNickell Місяць тому +4

      I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000

    • @AllenNichol
      @AllenNichol Місяць тому +2

      I'm actually interested in this idea of investing through an analyst. Sounds like the most sensible thing to do in the market right now. Could you give me a pointer to who you work with, please?

    • @WillieNickell
      @WillieNickell Місяць тому +3

      There are several expert analyst you could research. However, I have been working with “Vivian Carol Gioia” for almost four years, and we get along great. If she appeals to your judgement, you could continue with her. I support her.

    • @AllenNichol
      @AllenNichol Місяць тому +2

      Thank you. I just checked her out now and I've sent an email. I hope she gets back to me soon. I've been thinking of doing this for a long time now, and I've procrastinated enough already.

  • @Dannyholt33
    @Dannyholt33 7 місяців тому +60

    Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!

    • @sattler96
      @sattler96 7 місяців тому

      Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life beause I invested early ahead this time .

    • @hankmarks69
      @hankmarks69 5 місяців тому

      Well, I suggest you make a diversification plan because it's been harder to build a good portfolio that stays afloat since COVID. Personally, I garner knowledge from a brokerage Adviser whom I work with, and I've actually made over $350K with their help since February. Very effective defensive strategies are used to protect my portfolio and make profits despite the ups and downs.

    • @Nernst96
      @Nernst96 5 місяців тому

      I find this intriguing. Could you please provide me with the means to get in touch with your Adviser? I am concerned about my dwindling portfolio.

    • @hankmarks69
      @hankmarks69 5 місяців тому

      Cant reveal much here, “Vivian Carol Gioia” oversees my portfolio, and I recommend researching her credentials on the net, she's well established.

  • @oliviaralston1
    @oliviaralston1 9 місяців тому +26

    You work for 40yrs to have $1M in your
    retirement, meanwhile some people are putting just $10K in a meme coin from just few months ago and now they are multimillionaires......

    • @Gabriel.ds.
      @Gabriel.ds. 9 місяців тому +1

      You are right, to be a successful person in life require him or her of hard work and time

    • @ClarissaAlly
      @ClarissaAlly 9 місяців тому

      The thing about been successful is working toward it and not going the other way round

    • @nataliavasques1
      @nataliavasques1 9 місяців тому

      You are right. Been thinking of going into gold and cyptocurrency

    • @sarkiali3958
      @sarkiali3958 9 місяців тому

      ​@@hadwinholmes5604I totally agree with you it has been an eye-opening experience for a lot of people.

    • @thylda7877
      @thylda7877 9 місяців тому

      Investment is the key to achieving success with the current pandemic slowing down so many businesses aww

  • @NathalieLazo
    @NathalieLazo Рік тому +87

    “When nobody else celebrates you, learn to celebrate yourself. When nobody else compliments you, then compliment yourself. It’s not up to other people to keep you encouraged. It’s up to you. Encouragement should come from the inside.” - Jay Shetty ✨

  • @sheilpatel-sandalwoodheigh8720
    @sheilpatel-sandalwoodheigh8720 Рік тому +59

    I used this interview in my Gr 9 Math class as we are learning about financial literacy and planning a future budget. I teach in a predominantly Indian school, many are Sikh. They were enthralled with the discussion, and I love that they can see themselves reflected back. if you ever want to zoom with my class, please let me know!

    • @recluseauhermitticus2033
      @recluseauhermitticus2033 Рік тому

      championing of the crabs in a barrel competition for the world's finite money supply only maintains the controlled opposition of your species. . and the delusion that this needless, constant competition is necessary. . god humanity is so fucking pathetic.

    • @jatinderkumar144
      @jatinderkumar144 10 місяців тому +1

      😍0

    • @alondravera8355
      @alondravera8355 8 місяців тому +2

      Your a great teacher

  • @jajac7888
    @jajac7888 7 місяців тому +63

    “The discipline of postponing pleasure.” So good. Thankful for y’all’s work and teaching!

    • @lindaB7682
      @lindaB7682 2 місяці тому

      Delayed gratification 😂🎉🎉🎉

  • @philosophicalfishing
    @philosophicalfishing 10 місяців тому +170

    This man makes a lot of sense. Very great conversation. Thanks for having him on the show.

  • @moniquelopes5585
    @moniquelopes5585 Рік тому +84

    as soon as I heard "if you don't understand money you will be at the mercy of people who have money" ... I was like yea... let me get my note book out. Great interview, great information, Jay Shetty you never miss.

    • @recluseauhermitticus2033
      @recluseauhermitticus2033 Рік тому

      championing of the crabs in a barrel competition for the world's finite money supply only maintains the controlled opposition of your species. . and the delusion that this needless, constant competition is necessary. . god humanity is so fucking pathetic.

    • @imaobong12
      @imaobong12 7 місяців тому

      Same 👏👏👏👏👏

  • @jugrajdhillon7006
    @jugrajdhillon7006 Рік тому +85

    God bless you Jaspreet Singh, many stopped wearing turban even in punjab thinking that it hinders their career growth, you are keeping it even in US, our best wishes are with you. Thanks Jay for giving Sardar an opportunity at your podcast.

    • @recluseauhermitticus2033
      @recluseauhermitticus2033 Рік тому

      championing of the crabs in a barrel competition for the world's finite money supply only maintains the controlled opposition of your species. . and the delusion that this needless, constant competition is necessary. . god humanity is so fucking pathetic.

  • @dawoodakhtar9108
    @dawoodakhtar9108 Рік тому +26

    "the most expensive type of money in the world is free money" That resonates...

    • @recluseauhermitticus2033
      @recluseauhermitticus2033 Рік тому +1

      championing of the crabs in a barrel competition for the world's finite money supply only maintains the controlled opposition of your species. . and the delusion that this needless, constant competition is necessary. . god humanity is so fucking pathetic.

  • @ChayK11
    @ChayK11 7 місяців тому +5

    This is the best podecast I ever listened , I really loved how jaspreet put all his thoughts in a structured way and made them simple to understand.

  • @aKm057
    @aKm057 11 місяців тому +8

    I am soooooo happy, I came across this conversation …..
    Thanks Jay and team. Y’all are fabulous

  • @sugandhabhandari5834
    @sugandhabhandari5834 Рік тому +4

    Thankyou Jaspreet .for sharing your wisdom , with us . You are a life saver for so many people. God bless you both jay & jaspreet.

  • @dondelice9141
    @dondelice9141 8 місяців тому +13

    I loved this financial class, and I appreciate how much dedication you've put in this podcast that keeps us out of naivety. God bless you Jay

  • @mikejaxon8696
    @mikejaxon8696 Рік тому +326

    I want to invest in the crypto market I need a reliable broker that will help me trade my coin and make profits Any recommendations?

    • @dennisgabriel9175
      @dennisgabriel9175 Рік тому

      When someone is straight forward and good at
      what she does, people will always speak for Mr her
      of financial education a try and you be
      happy you did.

    • @recluseauhermitticus2033
      @recluseauhermitticus2033 Рік тому

      championing of the crabs in a barrel competition for the world's finite money supply only maintains the controlled opposition of your species. . and the delusion that this needless, constant competition is necessary. . god humanity is so fucking pathetic.

    • @TharaLetzISLANDER
      @TharaLetzISLANDER 10 місяців тому

      I’m scared for you when you decide to bite This Rhian person…..

    • @hbinfinity
      @hbinfinity 10 місяців тому

      Don't do it.

    • @chicos2271
      @chicos2271 9 місяців тому +1

      All of you in here talking about being scammed or looking for a financial advisor. Listen you all can do it on your own. I had no experience in investing and I did research research research. You can really do this on your own and be successful. Do your homework. I have done this myself so speaking from experience. Wishing everyone the best on your investment journey ❤

  • @laurier125
    @laurier125 6 місяців тому +2

    Mr Singh, you are so correct about how the lack of money causes so many problems. Your words are so honest and true.
    Great insight.
    Thank you for sharing 🙏

  • @henryartiga-YourVegasrealtor
    @henryartiga-YourVegasrealtor 9 місяців тому +13

    This was so simple but so powerful! Thanks so much for sharing your knowledge with us!🙌🏽💯🙏🏽

  • @raphnwokobia3301
    @raphnwokobia3301 7 місяців тому +3

    Wealth accumulation is about discipline. consistency, business ideas, action, business buying, stock trading etc. This guy is a great financial educationist.

  • @cpbeauvoir
    @cpbeauvoir Рік тому +13

    So many gems in this interview. Thank you for sharing your knowledge with us 🙏🏿

  • @marianamora2407
    @marianamora2407 4 дні тому

    I’ve seen a lot of youtube videos about finances in the last 2 years, the success of them is just based out of the invite knowledge and communication skills. This is by far the BEST one.

  • @anthonyhopcroftjr9392
    @anthonyhopcroftjr9392 8 місяців тому +6

    awesome podcast really educational and so true. No one is taught about money in school or at home the only way you find out is thru your own searching and podcasts and guests like Jaspreet. His words and thinkings really struck a cord and i will be looking for more of his info. Thank you immensely

  • @ThomasJones-gm7fr
    @ThomasJones-gm7fr Місяць тому +43

    I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Veronica Hoy.

    • @SusanWatkins-lg7uw
      @SusanWatkins-lg7uw Місяць тому

      Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.

    • @Claire-un4bj
      @Claire-un4bj Місяць тому

      She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.

    • @Jasmine-eu5qx
      @Jasmine-eu5qx Місяць тому

      You trade with Veronica Hoy too? Wow that woman has been a blessing to me and my family.

    • @RichardDanielWilson-76gr
      @RichardDanielWilson-76gr Місяць тому

      I'm new at this, please how can I reach her?

    • @ThelmaJasmine
      @ThelmaJasmine Місяць тому

      I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

  • @clairekeating1403
    @clairekeating1403 7 місяців тому +3

    Thank you Mr Singh for your time and advice in regards to informing others about building financial wealth. Your insight and integrity are greatly appreciated. With great gratitude, CK

  • @reneediggs7748
    @reneediggs7748 9 місяців тому +1

    Agreed. Jaspreet is a great teacher. He does a deep dive and really explains how to approach finances.

  • @liewsaeturn2249
    @liewsaeturn2249 Рік тому +8

    This is golden knowledge. Middle class gets wiped out. People that understand money become more wealthy. The poor and financially uneducated pays the price for it.

  • @myintoo240
    @myintoo240 7 місяців тому +8

    I can't thank you enough for this eye-opening episode. I've learned how important financial education is in one's life and the various aspects of making money. Additionally, the discussion about the four aspects of life has triggered me to reflect on my thinking and mindset. Thank you both for doing this interview on financial education and money myths!!!

  • @darla4042
    @darla4042 7 місяців тому +2

    Thank you for opening my mind to what hasn't served the communities or myself. Hard lesson to learn but worth it in the future.

  • @ItShivu
    @ItShivu 8 місяців тому +8

    Just love how informative and straightforward this podcast is. Realising it so much on how important financial education is and so thankful for this podcast. Thank you Jay for inviting Jaspreet Singh to this podcast have learned so much financially and about investing 👏👏👏

  • @maryhalatutavaha3618
    @maryhalatutavaha3618 9 місяців тому +31

    Thank you, Jaspreet and Jay, the four principles are so valuable. Physically, mentally, spiritually and financially educated and focus on investing in yourself more. Awesome 🙏❤

    • @ravindersingh1969
      @ravindersingh1969 4 місяці тому

      Materially; socially; physically; mentally; spiritually!

  • @lindy_888
    @lindy_888 9 місяців тому +4

    Classic podcast. Very educational. We all have to learn how to beat the system. Thank you 🙏

  • @jayakumar8294
    @jayakumar8294 7 місяців тому +3

    Provides 360 degree view of life, health , money and giving. Great conversation, thank you both 🙏

  • @yashkhamar3221
    @yashkhamar3221 8 місяців тому +4

    This podcast is going to change my thought process🙂 Thank you so much🙂

  • @ivamcdaniels4917
    @ivamcdaniels4917 8 місяців тому +1

    Thank you for this eye-opening and comprehensive view of finances, wealth building, financial literacy. This was alot in a good way. I'm feeling alot in a good way. I'm open to learning more and empowering myself more. Thank you Jay and Jaspreet. ❤🎉😊

  • @Nikita-cu3jd
    @Nikita-cu3jd Рік тому +11

    An amazing podcast! There is such great and easy to understand wisdom in this! I will be educating myself more on this going forward! Thank you!

    • @recluseauhermitticus2033
      @recluseauhermitticus2033 Рік тому

      championing of the crabs in a barrel competition for the world's finite money supply only maintains the controlled opposition of your species. . and the delusion that this needless, constant competition is necessary. . god humanity is so fucking pathetic.

  • @sid1565
    @sid1565 Рік тому +45

    Jaspreet Singh... Man oh man ..!! What a worthy podcast this is .. The FINANCIAL Enlightenment that is most need of the hour has been delivered exceptionally well 👏👌🤘.

    • @recluseauhermitticus2033
      @recluseauhermitticus2033 Рік тому

      championing of the crabs in a barrel competition for the world's finite money supply only maintains the controlled opposition of your species. . and the delusion that this needless, constant competition is necessary. . god humanity is so fucking pathetic.

  • @chelsey111
    @chelsey111 8 місяців тому +1

    Love how clear and informative this was! Thank you both ❤

  • @unhuman4443
    @unhuman4443 Місяць тому +1

    Absolutely spot on! Addressing these myths head-on can really shift our mindset towards money and wealth. It's all about cultivating a healthy relationship with finances and understanding the truth behind these common misconceptions.

  • @BELIZECTD
    @BELIZECTD Рік тому +8

    This was incredible. A succinct and easily understood approach to sharing knowledge about financial management. I just love it. Thanks Jay! Thanks Jaspreet!

    • @recluseauhermitticus2033
      @recluseauhermitticus2033 Рік тому +1

      championing of the crabs in a barrel competition for the world's finite money supply only maintains the controlled opposition of your species. . and the delusion that this needless, constant competition is necessary. . god humanity is so fucking pathetic.

  • @ramsgeetha
    @ramsgeetha 4 місяці тому +3

    Where were you 30 years ago?! We didn't get all this advice early enough in our lives, as a result we worked for 30 years, saved money but invested only in real estate. Started investing in equity 5 years ago and still struggling to retire. I know lack of youtube (and even internet) is partly to blame for guys like you not came to the limelight. Hard luck for guys like me is all I can say. But better late than never, you guys are here, give some advice to 40 and 50+ years old who missed the golden opportunity in their prime ages too.

  • @ClaudiaGarcia-rm6fr
    @ClaudiaGarcia-rm6fr 2 місяці тому

    Thank you so much for simplifying the financial plan!!!

  • @anacorona2527
    @anacorona2527 7 місяців тому +1

    This is amazing. To think we can access this knowledge for free! Thank you 🙏🏼

  • @UniqueCare-RS
    @UniqueCare-RS 7 місяців тому +3

    Eye-opener! How can you help others if you can help yourself? So informative! ❤

  • @maithao6548
    @maithao6548 6 місяців тому +1

    Appreciate this podcast, Jay! I’m consistently seeking more financial knowledge like this to educate my children.

  • @Janaceks_Dad
    @Janaceks_Dad 7 місяців тому

    This is one of the best interviews I’ve ever seen on the subject of money…Mr. Singh “outside the box” type of thinking and humility add real credibility to everything he says…I plan on saving and watching this interview numerous times…

  • @brianboogie9700
    @brianboogie9700 Рік тому +10

    I'm new to stock market /Crypto and would like to invest but I've go no idea on how to make good profits. Pls what's the best approach you'd recommend?

    • @zahorpitafi7954
      @zahorpitafi7954 Рік тому

      Exactly, at the moment bitcoin is the best and profitable coin to buy and invest in..

    • @miaejaita7119
      @miaejaita7119 Рік тому

      The only safe reliable,genuine and highly experienced expert I can refer you to is Mrs Claudia Walter's.

    • @nelsonkatherine2123
      @nelsonkatherine2123 Рік тому

      My first investment with Mrs Claudia Walter's, gave me a profit of 87k dollars and ever since then she has never failed to deliver and I still stand by saying she is the most sincere broker I have know

    • @judysamaniego1606
      @judysamaniego1606 Рік тому

      Wow I'm just shocked some one mentioned expert Mrs Claudia Walter's name i thought I'm the only one trading with her

    • @garyjesus1387
      @garyjesus1387 Рік тому

      How does this Bitcoin stuff work, I am interested and willing to invest heavily as I have heard too many testimonies

  • @AlvarezRamires
    @AlvarezRamires 7 місяців тому +44

    I often wonder how successful investors are able to make millions of $$ from trading stocks. Im completely new on this area of investing. Long story short I have a couple thousands saved up which i want to invest for long term and I know this sounds a bit dull but, I would like to know what advice you could give to start my investing journey

    • @Davis230
      @Davis230 7 місяців тому

      Diversify!

    • @JiroYamato
      @JiroYamato 7 місяців тому

      I recommend to pick up and read a few books. Peter Lynch is where I was recommended to start. Learn different strategies so that you might develop your own

    • @HarrisKmorreti
      @HarrisKmorreti 7 місяців тому

      The average investor buys/holds for long term to make gains when stocks go up, In a situation where you're after short term profit, it is best to get in touch with an investment professional to guide you with entry and exit points. I reached out to a broker during the pandemic and that is how I was able to raise a profit of $380K within 7 months.

    • @ElizabethWashington516
      @ElizabethWashington516 7 місяців тому

      Buy low sell high. Or something like that

    • @courtneyvaughn4888
      @courtneyvaughn4888 7 місяців тому

      Stick with a good company by either not selling when it’s going lower and/or buying more at that time. Almost always the good well managed companies will come back strong at some point. The other is to buy when the markets are tanking and in downturns in the economy. View that as a time when you are getting stocks on sale

  • @strawberryicecream5823
    @strawberryicecream5823 6 місяців тому

    I love this podcast episode!!! Thank you so much for both of your knowledge!!

  • @sirigiripremkumar2432
    @sirigiripremkumar2432 7 місяців тому

    This is one of the best financial interview that I have watched recently and thanks jay and jaspreet so insightful

  • @jeffreycarter1364
    @jeffreycarter1364 Рік тому +11

    The greater the passive income you can build, the freer you will become. Taking the first step is the hardest, but 7 house later living off passive income since June 6, 2016. You’ve got to start taking steps to achieve your goal.

    • @jeffreycarter1364
      @jeffreycarter1364 Рік тому

      All passive income ideas work as long as you put the work in. I focus more on cryptos, NFTs, real estate crowdfunding and IDOs. With the assistance of a financial consultant, I’m doing well for myself.

    • @jeffreycarter1364
      @jeffreycarter1364 Рік тому

      You can make a quick internet research with her name *Olivia Charlotte Oswald.* The rest of the information is there for you to read and get in touch.

    • @yung1448
      @yung1448 Рік тому

      Olivia is the best in this space, I'm happy to come across these recommendations. I have worked with her and I am impressed with the thoroughness and professionalism of the investment diligence packages she provides.

    • @sarahfletcher01
      @sarahfletcher01 Рік тому

      That's a good decision if you start now. I invested in
      real estate with the help of a Fin. consultant and was able to buy my third house last year September and hope to buy more if things keep going smoothly for me.

  • @juliemidgley5287
    @juliemidgley5287 Рік тому +14

    Absolutely brilliant exchange, filled with truly valuable information. THANK YOU BOTH!! xoxo

    • @recluseauhermitticus2033
      @recluseauhermitticus2033 Рік тому

      championing of the crabs in a barrel competition for the world's finite money supply only maintains the controlled opposition of your species. . and the delusion that this needless, constant competition is necessary. . god humanity is so fucking pathetic.

  • @estrellagelb111
    @estrellagelb111 Рік тому

    Thank you 🙏🏻

  • @MsCyberNewt
    @MsCyberNewt 7 місяців тому

    OMG I wish someone had told me this when I was 16 and started my first job!!!! Thanks for this. We need to teach this in elementary school!

  • @nunezgirl3
    @nunezgirl3 8 місяців тому +3

    Thank you sooooo much for this episode! This is the best by far! I am new to your podcast and I am so excited bc I am in love with the content. ❤
    My goal is to take a portion of my small saving & invest it. I already own a small business. But I would love to see how my money can work for me. I have had an interest in investing for at 15yrs but so scared to move forward. This episode really helped put fire under me to move forward! I’m soo stoked to see where this takes me. Thank u for your show.
    I was able to identify my S. It is Spending. As soon as I make money in my business I I immediately go to buy inventory. Half of the stuff I don’t need. But I feel like if people ask for it I should have it instead of say I don’t have it. But now I am going to stop doing that and invest in things that can help me make money even while I am not working.

  • @prakashtiwari8003
    @prakashtiwari8003 Рік тому +4

    Thank you Jay for bringing Jaspreet on your podcast. I gain so much about finance and investment. 🙏

    • @recluseauhermitticus2033
      @recluseauhermitticus2033 Рік тому +1

      championing of the crabs in a barrel competition for the world's finite money supply only maintains the controlled opposition of your species. . and the delusion that this needless, constant competition is necessary. . god humanity is so fucking pathetic.

  • @natashakemp5164
    @natashakemp5164 20 днів тому

    As a 51 year old woman with children, I have learned a lot about financial. I have some kind of teaching in School on the island, but I really learn a lot. I just listening to this. I’m gonna use it in my daily life. Sit down and talk with my daughters about this.Thank you

  • @uchealochukwueke3274
    @uchealochukwueke3274 3 місяці тому

    thank you so much Jay for this expose with Jaspreet, i have learnt so much

  • @vibes4life143
    @vibes4life143 Рік тому +6

    I literally just paused to jump in Robinhood & invest in a couple of stocks 😂. Great discussion!

  • @jeniferdelossantos8859
    @jeniferdelossantos8859 9 місяців тому +11

    I come from immigrant parents who were never taught about this. All I learned from them was to save. So here I am 29 y/o barely getting my feet wet. The information was really easy to understand. I wish I saw this video 10 years ago.
    Thank you for your content ❤
    Btw I love how you always let the other person speak their mind.

  • @loiseroebeck2951
    @loiseroebeck2951 6 місяців тому

    This is my first time of hearing him. Grateful for all the tips. Thank you Jay for all the hard work and bringing him on board. Thank you for sharing the knowledge.

  • @ericrener8177
    @ericrener8177 5 місяців тому

    I like how you tell everybody to get a financial education. It's so important. Even Warren Buffett talks about that. Thank you for spreading financial education around.

  • @HugoFlores-nb9wv
    @HugoFlores-nb9wv 9 місяців тому +9

    Thank you so much both of you. Hey Jay, I really appreciate the fact that Jaspreet still keeps his values and integrity. That is the biggest asset of a human being. Say always greetings from Guadalajara Jalisco México

  • @heatherk569
    @heatherk569 Рік тому +15

    So happy and excited for this episode! Much love and gratitude for you both! Thank you so much for your valuable contributions to the world.
    You both truly make it a better place.

    • @recluseauhermitticus2033
      @recluseauhermitticus2033 Рік тому

      championing of the crabs in a barrel competition for the world's finite money supply only maintains the controlled opposition of your species. . and the delusion that this needless, constant competition is necessary. . god humanity is so fucking pathetic.

  • @odiesumile8788
    @odiesumile8788 9 місяців тому +1

    This is what we call accuracy of details. Structured formula and He walks the talks.

  • @jonassmith9377
    @jonassmith9377 8 місяців тому

    Thank you 🙏🏾

  • @bredy2117
    @bredy2117 5 місяців тому +3

    Wow! This guy Jaspreet is very different. I have been listening to different topics on financial education but I have never come across a straight forward guy like this before. He's just so blunt about it all. Thank you so much Jay for bringing this genius on your podcast. I have learnt so much from Jaspreet Singh today. With love and respect from the Dominican Republic.

  • @sylviaborgis7929
    @sylviaborgis7929 Рік тому +37

    "Worst financial advice: The way to build wealth is saving your money"
    Best advice till date 😊🙏👏

    • @SupremeLeaderSahil
      @SupremeLeaderSahil Рік тому

      In what time does it comes in video

    • @sylviaborgis7929
      @sylviaborgis7929 Рік тому

      @@SupremeLeaderSahil 1:09:43

    • @recluseauhermitticus2033
      @recluseauhermitticus2033 Рік тому

      championing of the crabs in a barrel competition for the world's finite money supply only maintains the controlled opposition of your species. . and the delusion that this needless, constant competition is necessary. . god humanity is so fucking pathetic.

  • @garyparmar4061
    @garyparmar4061 8 місяців тому +1

    Loved every bit of it 👌🏻 well done to you both!

  • @newman100
    @newman100 Рік тому +1

    Just started and goosebumps ❤

  • @echi102
    @echi102 Рік тому +7

    This is truly amazing information, love your podcast! And this one is on top of my favorite episodes. You guys rock!

    • @recluseauhermitticus2033
      @recluseauhermitticus2033 Рік тому +1

      championing of the crabs in a barrel competition for the world's finite money supply only maintains the controlled opposition of your species. . and the delusion that this needless, constant competition is necessary. . god humanity is so fucking pathetic.

  • @pratibhabhandari9164
    @pratibhabhandari9164 Рік тому +5

    I just read a book called Death by Sadhguru un it changed my mindset about Death. Here,he focuses on how to die well. All my life, I was told how to live well but didn't know one can die well too. Here, sir points out that investing in self-growth is the best investment anyone can make resonates with Sadhguru's views. He implies that the growing is crucial for survival otherwise our lives will come to an end. Now imagine how essential is growing. I really enjoyed the podcast. Thanks Jay.

    • @recluseauhermitticus2033
      @recluseauhermitticus2033 Рік тому +1

      championing of the crabs in a barrel competition for the world's finite money supply only maintains the controlled opposition of your species. . and the delusion that this needless, constant competition is necessary. . god humanity is so fucking pathetic.

    • @AkshayPatel-bq4hd
      @AkshayPatel-bq4hd 10 місяців тому +1

      Sadhguru is a scam - wake up

  • @oscardelvalle6311
    @oscardelvalle6311 8 місяців тому +1

    Great conversation!!!! Thank you both!

  • @AmandaMassay
    @AmandaMassay 7 місяців тому +1

    Physical, mental, spirtual and financial health should be a requirement for everyone student.

  • @Studentkaksh
    @Studentkaksh Рік тому +5

    True love and respect from India 🇮🇳
    Love you guys
    Thank you for the pdocast😀😀
    God gives you great health and huge 💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰

    • @recluseauhermitticus2033
      @recluseauhermitticus2033 Рік тому +1

      championing of the crabs in a barrel competition for the world's finite money supply only maintains the controlled opposition of your species. . and the delusion that this needless, constant competition is necessary. . god humanity is so fucking pathetic.

  • @riveralvarez7517
    @riveralvarez7517 7 місяців тому +44

    Great content, I love these videos about self development and making our lives better. I was once in really bad state, but honestly only thing you need to do is to take initiative. And I started dropshipping in January to try earn some money, and honestly it's been great since I found out about huge base of products (not only that, but I got premium products with descriptions, photos, gifs, videos, etc... pretty much everything I need for my store). Now I have two stores and my income is 8000$ per month. Never been happier in my life and I really don't work that hard. This is enough for me.

    • @markkelderman2439
      @markkelderman2439 7 місяців тому

      What products do you use? Also when you get products, like do you get everything in bulk or only when customers order from you?

    • @riveralvarez7517
      @riveralvarez7517 7 місяців тому +1

      After customers order, it's better that way.

    • @riveralvarez7517
      @riveralvarez7517 7 місяців тому +4

      It's WinnerZila, and I think it will help you for sure, good luck

  • @wisnymedirect4299
    @wisnymedirect4299 4 місяці тому

    I love how he said I don’t care about name brand stuff though he can afford it. This video really helped me. Thank you.

  • @drummerboi4eva
    @drummerboi4eva 8 місяців тому +1

    Amazing video, loved the organisation and structure of Jaspreet Singh's ideas, coming out with a clearer view. Thanks for sharing

  • @MsCebzie
    @MsCebzie Рік тому +7

    Learnt so much from this podcast. Thanks Jay and Jaspreet. So insightful 👏🏾

    • @recluseauhermitticus2033
      @recluseauhermitticus2033 Рік тому +1

      championing of the crabs in a barrel competition for the world's finite money supply only maintains the controlled opposition of your species. . and the delusion that this needless, constant competition is necessary. . god humanity is so fucking pathetic.

  • @edward.abraham
    @edward.abraham 7 місяців тому +11

    Building wealth and achieving financial independence is more achievable than commonly perceived. With access to accurate information, establishing lasting financial stability and prosperity becomes attainable. Engaging in prudent investment remains a primary avenue for generating substantial income and sustaining enduring wealth.

    • @james.atkins88
      @james.atkins88 7 місяців тому +3

      To begin building wealth, define your goals and assess your risk tolerance, either independently or with a financial advisor. By gaining insights into savings and investments and creating a clear plan, you can attain financial stability and effective income management.

    • @hunter-bourke21
      @hunter-bourke21 7 місяців тому +2

      Hiring a skilled financial advisor like Camille Alicia Garcia can lead to success, as evidenced by my seven-figure gain in just the first quarter of this year, despite market concerns.

    • @rebecca_burns14
      @rebecca_burns14 7 місяців тому +2

      @@hunter-bourke21 I've been thinking about going that route. I have a lot of stocks that I have maintained, but they are beginning to lose value, so I'm not sure if I should hold onto them or sell them. I feel hiring your investment coach would make it easier to restructure my portfolio.

    • @hunter-bourke21
      @hunter-bourke21 7 місяців тому +1

      Many lack access to insightful knowledge, causing anxiety due to information gaps. Personally, I've earned $35k in passive income with "Camille Alicia Garcia, unaffected by market fluctuations.

    • @rebecca_burns14
      @rebecca_burns14 7 місяців тому +1

      I located her, sent her an email, and we set up a call; hopefully, she will answer because I want to end 2023 on a solid financial footing.

  • @sanjeetbezalwar9046
    @sanjeetbezalwar9046 9 місяців тому +2

    @jaspreet and @jay thanks for bringing this episode. I really enjoyed it. As Jaspreet mentioned about “YOU” are the most expensive asset in this world and therefore invest in “YOU”. I completely agree and following the same path since last 8 years. Happy to connect with @Jas offline as I m also working towards spreading financial literacy.
    Once again thanks a lot @jay for motivating and encouraging me throughout my life journey. Look for many more interesting things ahead. Cheers!

  • @user-bi7ii4fi7u
    @user-bi7ii4fi7u 2 місяці тому

    Thanks to both of you

  • @Rima-ll5pe
    @Rima-ll5pe Рік тому +3

    Way to go💫Thank you so much💛

  • @shrutishende4319
    @shrutishende4319 Рік тому +10

    so impressive.. much to learn from u both legends. thanks for this valuable podcast 🙏🏻

    • @NathalieLazo
      @NathalieLazo Рік тому +1

      Yes absolutely! Couldn't agree with you more, Shruti! :)

  • @tobeygary2433
    @tobeygary2433 7 місяців тому

    I leared so much . Thank for caring about us in this way! Bravo to you both!

  • @OdimgbeS
    @OdimgbeS 7 місяців тому +9

    I will forever be indebted to you you've changed my whole life continue to preach about your name for the world to hear you've saved me from a huge financial debt with just little investment, thanks so much Mrs. Jenna L Sparling.

    • @DanRolon
      @DanRolon 7 місяців тому

      I'm surprised you know her. I've been making a lot of profit investing with her for a few months now.

    • @FranciscoTravis-hc8fw
      @FranciscoTravis-hc8fw 7 місяців тому

      .Amazing I also just started trading with her, she is the best at what she does with an initial investment of $1400 I made up to $5230 in just a week of trading with her, his strategies are mind-blowing..

    • @RaymondBols-ys8ip
      @RaymondBols-ys8ip 7 місяців тому

      You invested with Mrs Jenna L Sparling too? Wow, that woman has been a blessing to me and my family.

    • @ArmaniAshes
      @ArmaniAshes 7 місяців тому

      I have traded with many individuals but I have never met anyone as good as Mrs. Jenna Sparling,just by applying her strategies I now trade independently. she is the best i would advise any investment newbie to trade with her

    • @Smithw-vl5rm
      @Smithw-vl5rm 7 місяців тому

      Please any information on how i can get intouch with Mrs Sparling.?

  • @abdulazizalmaneea177
    @abdulazizalmaneea177 Рік тому +4

    Thank you for being a great listener Jay 🙏🏼

  • @droy589
    @droy589 8 місяців тому

    Jay, I watch most of your on purpose shows. This was mindblowing. Thank you so much for introducing to Jaspreet Singh. I am from India too. There were so many insights. Many points resonated. The way Jaspreet explained each and every concept was easily digestable. I will surely watch Jaspreet's youtbe channel for my Financial education.

  • @PugFitNation
    @PugFitNation 4 місяці тому

    Well done and thank you all for your service to humanity 👏 👍 🙏 🙌

  • @figueroacamarillo98
    @figueroacamarillo98 Рік тому +37

    I made terrible money decisions in my 20s really terrible, retiring this year with over $3.5m in tax deferred investments. Well over 80% of that money was made because of taking advantage of buying high-end stocks at a deep discount during the Great Recession. During bear markets i had a perfect plan. got an investment manager in my corner and didn’t look at my portfolio for nearly a year. Just kept buying at low prices

    • @seanwylie7809
      @seanwylie7809 Рік тому +1

      Great job with your wife! I bet you’re living your best life right now

    • @yarboroughbrad3082
      @yarboroughbrad3082 Рік тому

      I’m a young mom and I would love to achieve this level of success myself please is it possible to get to your manager ?

    • @figueroacamarillo98
      @figueroacamarillo98 Рік тому +2

      @@yarboroughbrad3082 My tutor is 'Mary Freed Lorenz",I watched a news interview on where she featured during an IPO and spoke proficiently, She obviously brings a lot of experience to the table but more importantly I think she is a tough person in an industry that demands clairvoyance.

    • @franciscirillo836
      @franciscirillo836 Рік тому +1

      Your story is inspiring. I’m 38 trying to achieve this goal you achieved. If you don’t mind sharing please how old are you and what are current positions ?

    • @vergarasawyer3573
      @vergarasawyer3573 Рік тому +1

      I have seen people who collapsed financially in old age because they did not have an investment when they were still earning. Investing is something that everyone should do for a better future.

  • @zynlove6867
    @zynlove6867 Рік тому +8

    👏👏👏👏👏 investing with even more diversity over having too much in savings! Thank you for just talking about this topic and making it so extremely clear!

    • @recluseauhermitticus2033
      @recluseauhermitticus2033 Рік тому +1

      championing of the crabs in a barrel competition for the world's finite money supply only maintains the controlled opposition of your species. . and the delusion that this needless, constant competition is necessary. . god humanity is so fucking pathetic.