Join Market Briefs for FREE and get my daily financial newsletter: briefs.co/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 UA-cam 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!
Since my mortgage is 3.6%, I have no intent to pay off my house early. I'm going to throw any extra money into the market, because the return is way better.
@@H4DSteel4I did see a video recently. In the example they put $200 extra a month on the mortgage and compared $200 a month in the market. Paying off the house in the example of the video did exactly as you suggested. You gain more this way.
Depends on how high the interest rate is on the mortgage. If it’s low throw extra money into the stock market. If it’s high throw extra money into the home to save on the interest over time and to pay off the house faster.
Gotcha! So, when it comes to homeowners, there’s a ton to think about. You’ve got things like budgeting for a mortgage, understanding property taxes, and keeping up with maintenance.
The government has really called things more difficult for its citizens, and we can't sit back and bear all the consequences of the bad governance. It's obvious we are headed for hyperinflation,it is always the poor who take the hit.
The good news is that cryptocurrency changed my financial life by providing new opportunities for financial growth and crypto investment. I can remember the first profit i made on cryptocurrency was about $12,500 as weekly profit and i really appreciate the help of your channel.
The problem is, as a civilized society, we no longer tar and feather politicians or put holes in tyrants. Voting is just a piece of paper. Law suits are just pieces of paper. When a tyrant has more paper than you, they no longer fear being a tyrant these days.
Expensive or middle of road contractors can do a poor repair job just as much as the cheap guy.. unfortunately, talented skill you can depend on is harder to come by
You never want to be the largest home on the block. Smaller home values pulled up by larger homes. Energy costs are going up. More bathrooms more maintenance. More roof possible more leak issues. Pools unless in Southwest are very expensive with maintenance and energy costs
A lot of wisdom here. When I was younger I’d seen peers step up in houses every few years or refi for cash out. I kept the starter house as it was adequate, refinanced only when rates had dropped and for a shorter term. People were saying not to pay extra on principal as you’d get better returns in (tech bubble) stock funds… I felt less mortgage debt was guaranteed return, and there would be security in not having a mortgage (if you got disabled or something). So I lived below my means and did both (retirement investment, and extra principal) plus some saving. Once you have no mortgage, if you couldn’t afford to max out your IRA, now you likely can, and still accumulate savings quickly, even if you treat yourself to a reasonable luxury. Especially if you have a like minded spouse, nicer home and some rentals with no debts can become possible.
5:50 This is dependent upon the interest rate. At a mortgage interest rate of 3%, you will start to pay more towards principal, than interest around payment 84.
I had a Manulife one account and not a traditoonal mortgage. It doesn't front load interest. I was able to pay it off in 8 years by adding more to the principal every month.
I’m 35 and I have about $250k liquid in savings which I plan to put towards becoming a homeowner but based on the current high prices on real estate, do you suggest I hold from buying or do stocks for now?
investors are extra cautious right now. They want to make sure they’re getting a good deal given how much mortgage payments have gone up, and when they don’t feel like they’re getting a good deal, they’re backing out, so definitely looking elsewhere is a necessity.
In my opinion, home prices will need to fall by at least 40% before the market normalizes. If you're unsure if to buy a house or not, it is best you seek guidance from a well-experienced advisor for proper portfolio allocation. So far, that’s how I’ve stayed afloat over 5 years now, amassing nearly $1m in ROI.
Melissa Terri Swayne has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.
I will be forever thankful to you, you changed my life I will continue to speak on your behalf for the world to hear that you saved me from huge financial debt with just a little trade, thank you Jihan Wu you're such a life saver
As a beginner in this, it’s essential for you to have a mentor to keep you accountable. Jihan Wu is also my trade analyst, he has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
Jihan Wu Services has really set the standard for others to follow, we love him here in Canada 🇨🇦 as he has been really helpful and changed lots of life's
No, the interest went down, that's the reason he had a lower payment. By doing this, sometimes you can remove the PMI fee which also reduces your monthly mortgage payment.
I have run into a lot of folks who have been severely burned by the rates going up on HELOC loans. They were paying 2% just a couple years ago and now paying 6%. Low/no balance? No problem. $60,000 in balance? It’s a disaster. People get divorced, go bankrupt and their house is foreclosed
After you pay off your home. It’s time to replace roof, appliances, toilets, HVAC and paint. Wiser to sell and downsize and invest the difference. Kids are gone and smaller home less maintenance
A lot of homeowners feel sorry for me because I am renting an apartment. They don't know that each month I put $7,000 in stocks. I prioritize building my wealth.
You must have affordable housing, when I get paid 1800 dollars every two weeks but gotta pay 1200 for apt, then heating and electricity so in reality 1500 a month.
Wow, that takes a lot of discipline! At some point the market will drop and you'll be the smart one able to snatch up a house for cheap, if you want to.
There's a book called The Gilded Nexus of Prosperity, and it talks about how using some secret techniques you can attract a lot of money, it's not some bullshit law of attraction, it's the real deal
Typically location location homes hold value over homes 30 minutes-2 hours away from civilization. Florida and California homes homeowners insurance will be very expensive
Call it luck/timing but when we refinanced from a 30yr to a 15yr our monthly payment actuall went down so it was a no brainer. We had only owned the home for a couple of years so the value had not changed much. You should be able to determine the rate before you refinance to make the best decision for you. I do love your channel even if i dont follow/disagree with some if the content.
Best episode yet. Thanks. Buying a home now and everything you said makes sense. I am buying now w while the market is cool so i can take advantage of interest rates as they get lower so i can buy a house for less, refinance, lock in the same payment at lower interest. I will be going a lot of work myself. I have the skills, i have the time. That is how i am investing in my home. 40hr engineering gig, plus home improvements.
I have kept my rental home in Tx 15-20% below rental suggested rate for over 27yrs. It is paid for but the taxes/insurance/maintenance rates are going to be the reasons to increase it. I do not want to do this, but to lose money on the house.......damn it!
If you’re still working you need private disability insurance. If unable to work for awhile from illness or injury medical bills one of the most common causes bankruptcy and divorce.
first rule is never over pay. second rule never over pay 3rd rule never over pay. It's not worth it taxes insurance and maintenance are all issues this is why the 3x max as median income is so important. but also if you pay more in taxes you need to take it into account. 3x max is on median if you have more expenses like extra kids an wife that buys too much or expensive hobby and higher taxes you would be better off with less max housing cost. if you travel more do you need a large house? only buy a house if you need it and can afford it long term not if you can buy it. it is an expense not an asset.
When opening my vangaurd account I’m not sure if I should get a Roth brokerage IRA and a traditional brokerage IRA? I really want to start investing money. I’m way way behind and getting old and tired.
Buy one house in a good neighborhood, live in it until you die. Swapping houses every 7 or 8 years results in you paying only interest and very little principal. You will be poor when you retire if you keep upgrading your house. 1800 sq. ft. is enough house for anyone.
You can't spend/invest/save money you don't have so it's post tax. However, the 401K would count towards the 15% investing (assuming it is being invested). Remember, kids, taxation is theft.
It’s easier to budget if you go post-tax. The risk becomes if you save pretax, but you’re doing budget post-tax, you may not be saving enough. If you can, do it pre-tax. Have your taxes in the 75% bucket and you’ll never have to worry about money again.
Thanks again even if you're not the one answering back. These scamers are like piranas they text back quickly 😂. Again Thanks for your knowledge minority
Everything in life costs more than what your brain is telling you before you sign on the dotted line. If you can qualify with just one persons income even better. If one person becomes sick and unable to work you do not have to sell the house.
Jaspreet!!! I love your content and it has really blessed me. I am a Nigerian, is there any medium or app that can enable me to buy S&P 500 from Nigeria? I need to start implementing what I have learnt from you. Thank you.
Being in the discord and starting trading is literally changing my life. I'm starting witha small $2,000 account but I got it up to $19,600 in one week! Not a lot of money but that's a big growth for me.🎉🎉🎉
Hello, how did you achieve such biweekly returns? I'm a newbie and I've lost a lot of money investing on my own. Please can you advise on how to go about this?
I've followed many traders over the years, but none have been as consistently accurate as Justina Jackson...She's truly in an inspiration to us all....
Join Market Briefs for FREE and get my daily financial newsletter: briefs.co/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 UA-cam 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!
Is there any way I can speak to you . I really need your help.
Since my mortgage is 3.6%, I have no intent to pay off my house early. I'm going to throw any extra money into the market, because the return is way better.
But if you paid off your house you could throw more money into the market right?
@@H4DSteel4I did see a video recently. In the example they put $200 extra a month on the mortgage and compared $200 a month in the market.
Paying off the house in the example of the video did exactly as you suggested. You gain more this way.
Depends on how high the interest rate is on the mortgage. If it’s low throw extra money into the stock market. If it’s high throw extra money into the home to save on the interest over time and to pay off the house faster.
My three favorite channels: Minority Mindset, Stock Brotha, & How Money Works. Make my week complete! 🔥 🔥 🔥
Gotcha! So, when it comes to homeowners, there’s a ton to think about. You’ve got things like budgeting for a mortgage, understanding property taxes, and keeping up with maintenance.
Yes sir it ain't easy but If you do research before hand it's piece of cake I bought my first home but take your time
The government has really called things more difficult for its citizens, and we can't sit back and bear all the consequences of the bad governance. It's obvious we are headed for hyperinflation,it is always the poor who take the hit.
That's right because It's no longer a story that the world is experiencing a global economic downturn
The good news is that cryptocurrency changed my financial life by providing new opportunities for financial growth and crypto investment. I can remember the first profit i made on cryptocurrency was about $12,500 as weekly profit and i really appreciate the help of your channel.
Getting into crypto trading helped me gain a new perspective on life. Not only did my wealth grow, but so did my gratitude and happiness levels .
The problem is, as a civilized society, we no longer tar and feather politicians or put holes in tyrants. Voting is just a piece of paper. Law suits are just pieces of paper. When a tyrant has more paper than you, they no longer fear being a tyrant these days.
It's really hard to trade crypto 😞
Expensive or middle of road contractors can do a poor repair job just as much as the cheap guy.. unfortunately, talented skill you can depend on is harder to come by
Never thought a book could change my perspective like Matrix Reloaded from Cryptic Lore did. Hidden strategies that are next-level.
You never want to be the largest home on the block. Smaller home values pulled up by larger homes. Energy costs are going up. More bathrooms more maintenance. More roof possible more leak issues. Pools unless in Southwest are very expensive with maintenance and energy costs
A lot of wisdom here. When I was younger I’d seen peers step up in houses every few years or refi for cash out. I kept the starter house as it was adequate, refinanced only when rates had dropped and for a shorter term. People were saying not to pay extra on principal as you’d get better returns in (tech bubble) stock funds… I felt less mortgage debt was guaranteed return, and there would be security in not having a mortgage (if you got disabled or something). So I lived below my means and did both (retirement investment, and extra principal) plus some saving. Once you have no mortgage, if you couldn’t afford to max out your IRA, now you likely can, and still accumulate savings quickly, even if you treat yourself to a reasonable luxury. Especially if you have a like minded spouse, nicer home and some rentals with no debts can become possible.
many eventually have to sell the house to pay for nursing home
Then the rich swoop in and buy cheap.
At least they have a house to sell compared to those who don't even have a house.
5:50 This is dependent upon the interest rate. At a mortgage interest rate of 3%, you will start to pay more towards principal, than interest around payment 84.
15 year is the way to go if finance. Significant savings
A 7% loan for 30 year you basically bought 2 homes.
I had a Manulife one account and not a traditoonal mortgage. It doesn't front load interest. I was able to pay it off in 8 years by adding more to the principal every month.
Appreciate your content, this is type of information and teachings that need to be in schools
I’m 35 and I have about $250k liquid in savings which I plan to put towards becoming a homeowner but based on the current high prices on real estate, do you suggest I hold from buying or do stocks for now?
investors are extra cautious right now. They want to make sure they’re getting a good deal given how much mortgage payments have gone up, and when they don’t feel like they’re getting a good deal, they’re backing out, so definitely looking elsewhere is a necessity.
In my opinion, home prices will need to fall by at least 40% before the market normalizes. If you're unsure if to buy a house or not, it is best you seek guidance from a well-experienced advisor for proper portfolio allocation. So far, that’s how I’ve stayed afloat over 5 years now, amassing nearly $1m in ROI.
This is probably what I should do. Who is your advisor, please?
Melissa Terri Swayne has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.
I just googled her now and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.
Hit 220k today. Appreciate you for all the knowledge and nuggets you had thrown my way over the last months. Started with 34k in November 2024..
I would really love to know how much work you did put in to get to this stage
I will be forever thankful to you, you changed my life I will continue to speak on your behalf for the world to hear that you saved me from huge financial debt with just a little trade, thank you Jihan Wu you're such a life saver
As a beginner in this, it’s essential for you to have a mentor to keep you accountable.
Jihan Wu is also my trade analyst, he has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
Jihan Wu Services has really set the standard for others to follow, we love him here in Canada 🇨🇦 as he has been really helpful and changed lots of life's
His guidance allowed me to restructure my retirement plan, resulting in an estimated $700,000 more by the time I retire.
Great video! Profited 30%! XAI79A and ADA look solid. SOL also tempting. Should I stick or diversify?
Why do people refinance when the value of your house goes up? I thought they would sell and get another and start over
I refinanced to lower my payment and shorten the term. But I did not cash out.
@@rolandrodriguez1537the value or ur house dropped/stagnatedd?
No, the interest went down, that's the reason he had a lower payment. By doing this, sometimes you can remove the PMI fee which also reduces your monthly mortgage payment.
The fact that nobody talks about the forbidden books on sombrya speaks volumes about how people are stuck in a trance
For people in the comments section Read your Mortgage payment Statement. All the information is there
I have run into a lot of folks who have been severely burned by the rates going up on HELOC loans. They were paying 2% just a couple years ago and now paying 6%. Low/no balance? No problem. $60,000 in balance? It’s a disaster. People get divorced, go bankrupt and their house is foreclosed
That is my case.😢😢
After you pay off your home. It’s time to replace roof, appliances, toilets, HVAC and paint. Wiser to sell and downsize and invest the difference. Kids are gone and smaller home less maintenance
A lot of homeowners feel sorry for me because I am renting an apartment. They don't know that each month I put $7,000 in stocks. I prioritize building my wealth.
You must have affordable housing, when I get paid 1800 dollars every two weeks but gotta pay 1200 for apt, then heating and electricity so in reality 1500 a month.
@@savagescavengers3334 Or she makes 6figures. That's definitely doable.
Wow, that takes a lot of discipline! At some point the market will drop and you'll be the smart one able to snatch up a house for cheap, if you want to.
@mabriff how does one afford 7k a month? Are you earning 10k a month???
Shes full of it
A brand new home more hidden costs. Landscaping, window treatments, lighting options, etc.
None of that is necessary
There's a book called The Gilded Nexus of Prosperity, and it talks about how using some secret techniques you can attract a lot of money, it's not some bullshit law of attraction, it's the real deal
Typically location location homes hold value over homes 30 minutes-2 hours away from civilization. Florida and California homes homeowners insurance will be very expensive
How can i pay extra money on the morgage? Pay the monthly and then add x amount and tell them i want it to go to principal ?
Call it luck/timing but when we refinanced from a 30yr to a 15yr our monthly payment actuall went down so it was a no brainer. We had only owned the home for a couple of years so the value had not changed much. You should be able to determine the rate before you refinance to make the best decision for you. I do love your channel even if i dont follow/disagree with some if the content.
The ADX tokenomics look reasonable, and the presale seems like a good entry point.
Remember when homes averaged 5%/year. Ever since Blackrock and other investment companies involved homes act like the stock market
Best episode yet. Thanks. Buying a home now and everything you said makes sense.
I am buying now w while the market is cool so i can take advantage of interest rates as they get lower so i can buy a house for less, refinance, lock in the same payment at lower interest.
I will be going a lot of work myself. I have the skills, i have the time. That is how i am investing in my home. 40hr engineering gig, plus home improvements.
I have kept my rental home in Tx 15-20% below rental suggested rate for over 27yrs. It is paid for but the taxes/insurance/maintenance rates are going to be the reasons to increase it. I do not want to do this, but to lose money on the house.......damn it!
With home ownership you need home owners insurance and umbrella insurance
If you’re still working you need private disability insurance. If unable to work for awhile from illness or injury medical bills one of the most common causes bankruptcy and divorce.
My house is paid off but I want to pull some money out of it to buy a new house and rent out my current house. What’s the best way to do that??
Adaxum is still early, but it has the potential to grow into something significant.
I am confused. Why would the mortgage go up if more of the principal is paid off when you refinance?
IF YOU CASH OUT THE EQUITHY I THINK.
Adaxum’s innovative approach to E-commerce integration is a game-changer. Joined the presale today!
Awesome interview
if someone have a cash to buy house then How about buying property on Cash or with just minimal Mortgage?
Does your 20% rule change if it is a physician home loan and I am without PMI? Probably not, just thought I’d ask 😅
Higher downpayment better interest rate and lower monthly payment
We bought a cheap house in 2007. Paid it off in 2022. Now rent and mortgage free which freed up funds to invest
OMG, your calls are insane! 10% gains last week. Thinking about XAI79A, SOL, and MATIC now. Thoughts?
first rule is never over pay.
second rule never over pay
3rd rule never over pay.
It's not worth it
taxes insurance and maintenance are all issues this is why the 3x max as median income is so important.
but also if you pay more in taxes you need to take it into account. 3x max is on median if you have more expenses like extra kids an wife that buys too much or expensive hobby and higher taxes you would be better off with less max housing cost.
if you travel more do you need a large house?
only buy a house if you need it and can afford it long term not if you can buy it. it is an expense not an asset.
Smart homeowners would recurrently invest in assets such as real estate, REITs, commodity stocks, etc.
Adaxum seems like a solid project, though I’m keeping my expectations in check.
Took a closer look at Adaxum and decided to take a small position in the presale.
Every dollar that yourl earn is gross income or met after 401k, hsa. Taxes?
When opening my vangaurd account I’m not sure if I should get a Roth brokerage IRA and a traditional brokerage IRA? I really want to start investing money. I’m way way behind and getting old and tired.
You should have talked about house hacking as well. Not for everyone but you can basically live mortgage free.
Joined the Adaxum presale early. Hoping it turns out to be a good long-term move.
I got cheap rent at 3% interest.
Buy one house in a good neighborhood, live in it until you die. Swapping houses every 7 or 8 years results in you paying only interest and very little principal. You will be poor when you retire if you keep upgrading your house. 1800 sq. ft. is enough house for anyone.
For the 75/15/10 budget is that pre or post tax? Sometimes this is hard to determine if you have money going to a 401k pretax from your W2. Thanks!
You can't spend/invest/save money you don't have so it's post tax. However, the 401K would count towards the 15% investing (assuming it is being invested).
Remember, kids, taxation is theft.
It’s easier to budget if you go post-tax. The risk becomes if you save pretax, but you’re doing budget post-tax, you may not be saving enough.
If you can, do it pre-tax. Have your taxes in the 75% bucket and you’ll never have to worry about money again.
Adaxum is attracting big players for a reason. Glad I joined the presale before it’s too late.
Good info.
My rent was 2200 and my mortgage is 2200 id say it is an investment
Is that a Gucci turban your wearing ?
Thanks again even if you're not the one answering back. These scamers are like piranas they text back quickly 😂. Again Thanks for your knowledge minority
The Adaxum project has some strong points. Took a position while the presale is still open.
Everything in life costs more than what your brain is telling you before you sign on the dotted line. If you can qualify with just one persons income even better. If one person becomes sick and unable to work you do not have to sell the house.
Buying a house for own stay is NOT an investment. It is simply to save money from paying increasing rent due to inflation.
I need to become an overpaid CEO to afford a $400,000 mortgage.
Ur 100 % right
Using a HELOC to buy Gucci? That’s next-level flexing AND financial disaster. Who else thinks this trend is insane? 😂
Hi everyone, Adaxum seems like a project with potential. I’m keeping an eye on it after joining the presale.
*GLORY!!!I'm favoured, $255k every 3weeks! I can now afford anything and also support God's work and the church.*
Please how do I go about it, am still a newbie on investment trading and how can I make profit?
As a beginner, it's essential for you to have a mentor to keep you accountable. I'm guided by a widely known crypto professional.
I'm surprised that this same name is being mentioned here, I stumbled upon one of his clients testimonies on CNBC news last week.
This is why it is advisable to connect with a true market strategist in order to avoid missing such opportunity and maintain steady gains.
my advice to everyone is this saving is great but investment is the key to be successful imagine investing $15,000 and received $301,500
If you’re holding XAI79A and ADA, don’t sell. Moon vibes incoming big time! 🔥
Holding XAI79A and SHIB tight, we def gonna hit that 15x soon. FOMO is real!
Took a measured position in Adaxum. Hoping the project delivers on its promises.
Jaspreet!!! I love your content and it has really blessed me. I am a Nigerian, is there any medium or app that can enable me to buy S&P 500 from Nigeria?
I need to start implementing what I have learnt from you.
Thank you.
By 2030, you'll own nothing and be Happy!!!
👍
🎉
Fournature
😂
20k XAI560K enough for 2025?
Being in the discord and starting trading is literally changing my life. I'm starting witha small $2,000 account but I got it up to $19,600 in one week! Not a lot of money but that's a big growth for me.🎉🎉🎉
Hello, how did you achieve such biweekly returns? I'm a newbie and I've lost a lot of money investing on my own. Please can you advise on how to go about this?
I've followed many traders over the years, but none have been as consistently accurate as Justina Jackson...She's truly in an inspiration to us all....
I think I'm blessed if not I wouldn't have met someone who is as spectacular as expert Justina....
Same here the very first time we tried. We invested $1000 and after a week, we received $9500. That really helped us a lot to pay up our bills
SHE'S ON TELEGRAMS
Keeping an eye on Adaxum. The project seems promising enough to have potential upside.
Adaxum’s approach to integrating E-commerce and DeFi is interesting. Took a position in the presale.
Holding XAI560K strong🚀
Got into the Adaxum presale after reading their whitepaper. The future looks promising!
Happy with my decision to join the Adaxum presale. Let’s see how it performs in the long run.
XAI560K😅😅😅😅😅
XAI560K obviously the next solana sold all my assets im all in XAI560K
Let's go XAI560K! XAI560K is new vision Satoshi Nakamoto! Second coming Satoshi
Adaxum’s presale is selling out quickly. Might be worth a closer look for those interested.
AVAX and XAI79A crushing it. Thanks to your tips, I’m up $30k already and still holding 🚀
XAI79A and SHIB about to dominate headlines. Everyone will FOMO once they see what’s coming!
$XAI560K will be king 🦄
Adaxum’s presale bonuses made it an easy decision for me. Locked in my position early!
Projects like Adaxum are rare. Locked in my position today, and I’m feeling great about it.
ADX has a unique angle with its E-commerce focus. Glad I got in during the presale.
ADX could be one of those slow burners that deliver over time. Secured my tokens early.
Projects like Adaxum don’t stay under the radar for long. Grabbed my share of ADX tokens today.
The ADX presale is progressing well. Glad I got my tokens before it’s too late.
Got into the Adaxum presale after doing my research. This project has serious potential for the next bull run.
Sombrya - forbidden money books (thank me later)
Feeling cautiously optimistic about Adaxum’s potential. Got my ADX tokens today.
ADX tokens are the future of E-commerce and DeFi. Glad I got in on the presale early for 2025 gains!
Adaxum is set to disrupt the E-commerce industry. Grabbed my ADX tokens before prices skyrocket!