10 Laws To Live A Wealthy Life
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- Опубліковано 13 жов 2024
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What Is The Minority Mindset?
"The Minority Mindset has nothing to do with the way you look. It's the mindset of thinking differently than the majority of people" ~Jaspreet Singh
Follow me:
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Website: www.TheMinorit...
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Video host: Jaspreet Singh
DISCLAIMER: This description may contain links from our affiliates, sponsors, and partners. If you use these products, we will get compensated - but there's no additional cost to you.
DISCLAIMER CONT'D: I'm just a random guy on UA-cam so do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet's opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.
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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!
bro what's your blood type ; you always talk about facts and what is in my mind
You inspired me to get my stuff together. I'm not poor, not a credit card slave, but I needed to adjust my spending habits.
The same here
me too
Thank you so much for making these vids, you have changed my life and my children's future.
Same here we are working on it!❤
“Sometimes one of the most expensive thing that you can do is to be cheap”!
True that!
One of the “cheapest” things you can do is drive everywhere. Walking and riding a bike are great ways to get places too
@@randombandit362time is a valuable asset. Some locations afford cost efficient public and or bike transportation other locations don’t..
I live in dxb there's no way even to be poor
Forget about people who say he cheap. Cheap, is only an opinion. We base our lives on Fact.
So true mate 👍🏽
Thank you for the amazing content keep this up 💯
I make more money than almost everyone I know, by a significant amount, and I’m WAY more frugal than all of them. I’m always telling them STOP WASTING YOUR MONEY ON STUFF YOU DONT NEED! No one listens.
I know your struggles; my last three cell phones I bought through eBay, a year or two old, versus by financing it through the phone company. My car; used and payed off.
Also, don't care about fashion and only shop clothing sales. 😊
This information is more valuable than I can express. Thank you for making these videos!
Keep the awesome content coming man! Your book recommendations are my best tool for success this month. Truely, thank you.
Could you list those recommendations?
This content keeps me motivated. Love it.
Absolutely true about the stock market and the pandemic. Bought an oil pipeline for $5.42 per share in April 2020. Today the value is $37.35. This is an increase of over 600% since April 2020. The dividend is now $3.50 annual rate. Yes this is over 60% return on investment annually.
Last year the market was down with the fears of recession, so the shipping industry stock was down, so I bought some container shipping stock on October 30 for $8 per share. Today that stock is $18.54 per share. Yes it has more than doubled in under a year. I love a good stock market sale.
Stocks mentioned are WES and ZIM.
Amazing video as always, Jaspreet! Especially #10. Too many people think wealth will make them happy and fulfilled.
It's an amplifier.
This video is gold! Thank you for this Jaspreet!!
Yes. Cash is King. Cash flow is Queen. Use cash to buy cash flow
Sigh… I miss my BMW. But doing much better financially without it.
You did the right thing 👏 🙌 💯
Pat yourself on the back! Keep the Minority Mind Set!!
Congratulations
Feels man. Driving my 10 year old subaru is definitely not as fun, but not having an $700 monthly payment is nice.
Bro at the end of the day it's just a brand and just a car that does what any other car does
@@OmarHernandez-iu2zc it was a *really* high end BMW so it wasn’t quite just any car but yea. It was unnecessary. I made six figures and had no responsibilities so I thought it was fine, but that money could have been working for me and now I’m playing catch up in the investment game. Live and learn.
Bro, this was one of THE best videos I have ever watched. You explained the steps we need to take but also gave us clarity on being healthy. Thank you for this!
Thank you Jespreet!!! You and George Kamel ♥️
Money simply reveals character. Love the videos Jaspreet 💯✊🏾
Great video. Thanks for posting positive videos. It is hard to say NO to do many things, but the freedom of not owing feels great.
There are many people that don’t hear this valuable information. Then are those that ignore this information and always cry that they can’t get ahead.
If you hear people that only cry about thier financial situation then you are in bad company.
Thank you so much ! Well said !
“ One of the most expensive thing that you can do is being cheap ! “
Thank you, you are an inspiration for many $ situations. Saw your interview on Know Thyself podcast - new subscriber from South Africa.
Great video Jaspreet. Thank you for sharing your wisdom
Learned this
Cash is King
Cash Flow is Queen. Use cash to buy cash flow
Right On!
I love this
Jaspreet you are the best!!!! You inspired me to break through the scarcity money Indian mentality that I was engrained with!
One of your best videos It really gives me things to think about as I start my day with your videos. Great job
I'm now avoiding new purchases to avoid slipping into a bear trap. However, I'd like to know where the best investment opportunities are during a downturn. My goal is to retire comfortably on around $1.2 million.
Wishing you luck! The key to a happy retirement is to live the life you choose, if you have a certain amount in mind for your retirement, it is only appropriate to work with a knowledgeable advisor to make plans.
I concur that guidance should not be disregarded but rather followed. I remember a few summers ago, not long after my horrible divorce, I was in dire need of advise on investments to keep my head above water. Fortunately, I met someone with grit who greatly assisted me in growing my reserve, which despite inflation has increased from $360k to about seven figures now.
nice gains there! Please share your advisor's info with me. Due to my increased income from work, I'm thinking about investing in stocks and other assets that will enable me to gradually build wealth.
Leah Foster Alderman is the licensed expert I use.
Just look up the name. You would discover the necessary information to deal with a correspondence to schedule an appointment.
I like your videos dude. They’re not only personally important but also financially.
Thanks for mentioning that time is what it takes to get where you want to be. Everyone preaches one can get rich quick but that isn’t what happens to the majority. You and Zuber are the only ones mentioning it takes time!
Thank you for this. Very informative. Learnt a lot. Moral of the story in a way is to learn the rules of the game you are playing so that you can play.
Gracias por tus videos!
Watching now as i write this... can't wait to find out what is in the description box DOWN BELOW. 🤣
ABSOLUTE PROPS, Jaspreet - I APPRECIATE YOU so much!
You're one if the BEST RANDOM GUYS out there!
Thanks for the time you take to teach us this knowledge! ❤💯
Whe he said I grew up in a traditional indian household, I knew what he was gonna say next!
Reminds me of my childhood tho I'm not indian myself
F
Thank you for the great financial nuggets that you dropped in this video.
My favorite financial yt channel
I feel like personal finance management is prolly the easiest subject that when you follow, no matter what income bracket you’re in, you’d be alright. Obviously, the higher the income, the better… i mean it’s just, live below your means, don’t overspend on a useless degree, save for an emergency asap, invest consistently. That’s it.. waay easier than finding the x or y
Really appreciate the holistic life message
Gotta have money offense and money defense in the game of life. Defense wins championships.
Sahil bloom newsletter write something similar today. You can check him out. ❤
Jaspreet is cool.
Great and valuable Info! Thanks amigo! 🤟🍻
I upgrade my cell phone via eBay every few years for a few hundred instead of full "debut" price of 1k+.
I do the same!
Thank you for taking the time to educate me, what do you think about buying XRP?
Do buy xrp. It's a dead project.
Wish I knew all this when I graduated high school and didn’t have responsibilities. Making do how I can now though.
Love your channel dude!
"Cheapness is a weakness" If you want the best you have to pay for it. Efficiency is one thing, cheapness is another. Good video.
I appreciate all your videos sir.
Thank you.
Always member folks..You have to HAVE MONEY,TO SAVE MONEY!! PERIOD!!
The biggest money pit is owning a car. The repairs, fuel, insurance, and the toll roads.
For a small car, all those combined cost me close to $10k a year. That's $100k in 10 years.
When I was working in Europe, the company paid for the train to and from work.
Being a slave to a car dependent city has its draw backs financially
Jaspreet, you are awesome!
True. Using credit card is killing your future.
Credit card usage is fine.
Credit card debt is horrible.
What’s the best option for dividends? Is it best to reinvest the dividends back into the stock/ETF
Reinvest them in EFTs
Money isn't evil its how you obtain it and how you use it
Very informative video
So i am 35 is it worth putting my money on index funds ?? Dividend stocks ??
I will be wealthy
Money is a tool
Money is abundant
Its my duty to succeed
The irony is an ad popped up about buying some course to big earnings 😅 unbelievable
Money makes you more of what you already are!
Good advice bro❤
Thanks for this great video
Sir, you are a Gift!!
Always great to learn from you, Sir! Thank you for helping me get my financial ducks in a row.
A few years ago, somebody suggested the book 'The Richest Man in Babylon' to me and there are a lot of parallels to what you teach. Highly recommend both sources of information to those who wish to better themselves financially!
Great basic video! Thank you for teaching people. :) Sometimes you don't get to use this plan, but stay focused, do small steps, to apply at least part of it! Me and my husband were doing just that. We saved like crazy, we were investing in a stock market (with success). It saved us! We had to help family members in financial struggle (and they were supporting us massively in other ways). The fact we were able to do so... I am soooo proud and happy! But only because we had this cushion. We are broke again, but we did it once, we can gather it again! :D
Educational Videos 💥
He’s the waymaker of many people. GEM
Great advice!
#10 might be the most important
First viewer lots of love from London paji❤
I hear a lot of talk but why dont you show us how to invest and wich is the best stock market, did you family help you with your fist home that you both? most of us have no one to give us a down payment for anything.
Should the 75/15/10 rule be applied to gross income or net income?
Income which hits your bank
how can you Love your neighbor as you Love yourself if you in constant competition with your neighbors? Love is never competitive with itself so its either selfish investments with monetary gain or selfless sacrifice in Love -willy wonka
That's not true. Mostly selfish people compete, but good people manage what they have.
Consider this. Investing is not selfish if you are enabling (your neighbor) a business owner grow their business. And the business owner thanks you (rewards you) for helping him or someone else in the future. By paying you interest on the money you loaned him or her. 😊😊😊 This is how I helped my neighbor the plumber. And his neighbor the mechanic. And we all invested in a neighbor starting a restaurant. Remember wealth is created by offering products and services (your neighbors), people want and need
@@Dividendflywheel oh i totally agree with you brother i was comparing things of economics to things that are utopian, but thanks anyhow i really appreciate your imput mate🙂
@@rodericgammons does love compete with itself? & the point i made was not about good management skill, but thanks anyway..
Best phrase ever : “sometimes the most expensive thing to do is being cheap!”
wish you would put time stamps
Minority mindset Forever!🎉
This Guy Knows What He's Talking About
Good morning jaspreet what are the Atf i can join for trading
It’s called Pennywise and Pound Foolish. At least you realized it because I have so many friends that I had to cut off because it started dipping into my pocket.
Great work Jaspreet! Scooby snacks for you.
Praying for the USA and the entire World.
My allegiance is to Liberty, and the Repubic.
"A penny saved..." ??? My version is "A penny saved is two pennies earned (after factoring in taxes)"
I bought Black Rock stock for 54300$. Waiting for payday 😅😅😅😅😊😊
Excelent
Use bookmarks singh, can't scroll thru fast enough
I have tried few times already and never email briefs media but no email .
That's strange! Send us an email: hello@briefs.co and someone will be able to help
People are envious.
"at least once a day" 😮💨
More money more problems!
if the food is "lost" they will remake your order for free
Once you know better, and you hear GME pops 100, you known you can go long PUTS😂😂😂😂
Door dash more than once a day?!!! You might as well door dash your own food!
Means they need to learn how to cook & meal prep. Save way more money.
Lives in the real world.
❤❤
😂😂 i think he realy hates Gucci. And I hate gucci too😂😂😂
Door dash. People are so fucking lazy. Go get your own food.
Jaspreet !! That’s steering . It’s illegal you know that.
😂what are you talking about there's nothing in here illegal
@@jeffaragon when a licensed Realestate agent “steers “ buyers to homes that pay more commission that is illegal. It’s called steering . The agent has a fiduciary responsibility to show all homes the buyers request to see . So if a realtor /agent degrades a property to a buyer in the attempt to show a home that pays more commission. That is “steering “ and is illegal . Jespreat stated that an agent will show a home that pays more in commissions over a home that does not. This is true an agent will do that but you cannot deny the buyer a showing due to a low commission
Yes but it was never stated that the lower commission house would not be shown it was stated that the house that the homeowner agreed to pay a higher commission for making a sale for a higher asking rate.
@@jeffaragon we all know what agents do . Caveat emptor is always a practice buyers need to adhere to . Great discussion
Ayee
Don't have to pay a tip tf
What website do you recommend investing from? Robinhood, etc???
You'll never get an answer.
I use Stash. Robinhood is more of a trading platform (options, futures, etc).
Stash is basically just a debit card with a "stockback" reward program.
Will it make me rich? No, but over time I've accrued stock at the places I already shop (Home Depot, McDs, Shell/Exxon, etc)
I use Schwab. I originally signed up with TD Ameritrade, but Schwab bought them.
Lots of good options out there. I personally invest through Fidelity but Vanguard and Schwab are also good. So is Robinhood. Just pick one and run with it b
Etrade
Thank you.
❤❤
Thank you