You don't have to be a genius to get rich, but you do need a playbook. In this episode, Jaspreet lays out his personal wealth-building strategy step by step. He shares the five key actions that have guided him from making his first dollar to building a diversified portfolio of assets. From earning money and investing in assets to reinvesting cash flow and hiring smarter people, Jaspreet's approach is straightforward but not always easy to follow. He emphasizes the importance of discipline and pa...
Aug 13, 2024•23 min•Ep 122•Transcript available on Metacast Before you dream of turning $1,000 into $100,000 in the stock market, ask yourself: are you really ready to invest? In this episode, Jaspreet breaks down the essentials for anyone looking to invest their first $1,000 in stocks. He emphasizes the importance of setting priorities—like paying off credit card debt and building an emergency fund—before diving into the market. Jaspreet also explains the powerful formula of time, return, and money (TRM) that can help grow your investment over the long ...
Aug 08, 2024•17 min•Ep 121•Transcript available on Metacast "You don't learn how to build wealth from business books—you learn it from screwing up, dusting yourself off, and doing it better the next time." Jaspreet has been there, done that—and trust him, it wasn’t always pretty. In this episode, he lays down 10 essential skills that could change everything for you. He doesn’t just preach from a textbook; he’s lived through the screw-ups—like the time he bought a foreclosure property only to lose more money in renovations than he paid for the house. That...
Aug 06, 2024•26 min•Ep 120•Transcript available on Metacast 'When I’m old, my tax bracket will be lower… right?’ Jaspreet challenges this common retirement assumption in today’s episode, revealing the truth behind Roth vs. Traditional retirement accounts. He dives into the real questions you need to ask yourself: What will your future income look like? What might tax rates be when you retire? And most importantly, how can you retire with the most money in your pocket? He walks you through the pros and cons of both retirement accounts, breaks down complex...
Aug 01, 2024•11 min•Ep 119•Transcript available on Metacast Welcome to the Minority Mindset Show! Ever feel like the system is rigged against you? Jaspreet dives deep into the 10 things that keep you trapped in financial struggle and explains how to break free. 'Banks profit when you're in debt, corporations profit when you keep buying their stuff, and governments profit when you’re just an employee.' If you’re ready to stop making everyone else rich and start building real wealth for yourself, this episode is a must-listen. Jaspreet will walk you throug...
Jul 30, 2024•25 min•Ep 118•Transcript available on Metacast Welcome to the Minority Mindset Show! Wondering how to make your money work for you without constantly stressing over individual stocks? Jaspreet breaks down seven ETFs that could help you build serious wealth over time. In this episode, you'll discover why ETFs might be your ticket to a more passive, yet effective, investment strategy. Whether you're looking for growth, stability, or income, these ETFs offer a range of options tailored to different financial goals. Plus, learn the essential ste...
Jul 25, 2024•20 min•Ep 117•Transcript available on Metacast Welcome to the Minority Mindset Show! Ever wonder why the typical stock market pitch always seems to end with you retiring at 70? What if you don’t want to wait that long, or what if a million dollars isn’t enough? In this episode, we dive deep into the strategy, execution, and scaling techniques you need to become a stock market millionaire on your terms. Whether you're just starting out or looking to fine-tune your investing game, you'll learn how to craft a plan that suits your goals and life...
Jul 23, 2024•22 min•Ep 116•Transcript available on Metacast Welcome to the Minority Mindset Show! What if we told you the secret to never being broke again starts with just five simple words: ‘I am responsible for me’?” In this episode, we dive into five practical steps that can change your financial future forever. Forget the gimmicks—this is about real, actionable strategies that you can start using today. Join us as we break down how to shift your mindset, manage your money smarter, and invest in your future so you can finally stop worrying about bein...
Jul 18, 2024•17 min•Ep 115•Transcript available on Metacast Welcome to the Minority Mindset Show! Are you tired of living paycheck to paycheck? Wondering why you're always broke despite working hard? In this episode, we dive into the hidden traps that keep people from achieving financial stability. From overspending on unnecessary items to falling into debt for instant gratification, we break down the common financial mistakes and how to avoid them. Discover why 78% of Americans are living paycheck to paycheck and learn the five crucial steps to break fr...
Jul 16, 2024•19 min•Ep 114•Transcript available on Metacast Ever wondered how to transform $10,000 into $100,000 or even more? In this episode, Jaspreet breaks down the step-by-step process to achieve this financial goal. Jaspreet explores four different strategies: saving, investing, earning, and building your way to $100,000. He offers practical insights on how each method works, the time it takes, and the potential challenges you might face. Understand your options, make smart investments, increase your income, and even starting your own business. Whe...
Jul 11, 2024•19 min•Ep 113•Transcript available on Metacast Welcome to the Minority Mindset Show! What if I told you that you could retire a millionaire with just $100 a week? In this episode, Jaspreet from The Minority Mindset explains how you can achieve this by following Kevin O'Leary's simple and effective strategy. Kevin O'Leary, known for his role on Shark Tank, has shared his method to turn $100 a week into a million-dollar retirement fund. Jaspreet will break down Kevin's approach, highlighting the importance of consistency, preparation, and smar...
Jul 09, 2024•9 min•Ep 112•Transcript available on Metacast Welcome to the Minority Mindset Show! Who doesn't want a stable, secure, and big paycheck? Well, apparently, rich people! In this episode, Jaspreet reveals why top executives like Larry Page, Elon Musk, and Mark Zuckerberg opt for a $1 salary or less. It's not just because they're already wealthy; it's a strategic financial decision. Jaspreet will break down the financial education behind this move, explaining how rich people leverage lower taxes and equity to build immense wealth. You'll learn ...
Jul 04, 2024•15 min•Ep 111•Transcript available on Metacast Welcome to the Minority Mindset Show! Managing money to build wealth can be overwhelming with so much information out there. Should you pay down debt or invest? Where should you invest? Should you open a credit card or ask for a raise? In this episode, Jaspreet will break down the 10 essential steps to help you build a solid financial foundation. From understanding your income and expenses, to setting up bank accounts, paying off high-interest debt, and smart investing, you'll get a comprehensiv...
Jul 02, 2024•27 min•Ep 110•Transcript available on Metacast Welcome to the Minority Mindset Show! Did you know that most people aim to retire around 65 or 70? But this traditional plan often sets them up for failure. It's not just about having enough money; it's also about having a purpose. Many retirees struggle with finding meaning in their newfound free time, leading to mental health issues and even physical decline. In this episode, Jaspreet will explore why the traditional concept of retirement might not be the best path and what you can do to prepa...
Jun 27, 2024•13 min•Ep 109•Transcript available on Metacast Welcome to the Minority Mindset Show! Ever received a lawsuit in the mail? I did. My tenants sued my real estate company for $150,000, claiming they slipped and fell in the bathtub because it was too slippery when wet. They demanded emotional damages and back rent. When I started real estate investing at 19, I had no mentor, just books and the 2008 crash making properties dirt cheap. My first purchase was a condo, and I ensured it was top-notch, with renovations and stainless steel appliances. D...
Jun 25, 2024•21 min•Ep 108•Transcript available on Metacast Welcome to the Minority Mindset Show! Ever wondered what it's like to be a real estate investor? Here's a recent experience I had: A drunk driver crashed into one of my rental properties, causing significant damage. Thankfully, no one was hurt, but it highlighted the unexpected challenges property owners face. From coordinating with insurance to managing tenant concerns, there’s a lot more to real estate investing than just collecting rent. While real estate offers benefits like cash flow and ta...
Jun 20, 2024•12 min•Ep 107•Transcript available on Metacast Welcome to the Minority Mindset Show! Join Jaspreet Singh as he sits down with Shark Tank’s Kevin O'Leary to discuss a range of topics crucial for building wealth. Kevin shares his candid views on Bitcoin and cryptocurrency, stock market strategies, and his personal journey to success. This episode covers everything from the pitfalls of chasing quick riches to the long-term benefits of strategic investing and financial discipline. Gain insights on how to navigate the current economic landscape a...
Jun 18, 2024•52 min•Ep 106•Transcript available on Metacast Welcome to the Minority Mindset Show! Can you transform a modest $100 stock market account into $10,000? Jaspreet dives into a straightforward, effective investment strategy that sidesteps the usual complexities of stock picking. In this episode, he explains how utilizing ETFs (Exchange-Traded Funds) according to your risk tolerance can remarkably amplify your investments over time. Learn why this method outperforms conventional stock picking and how even beginner investors can apply it to achie...
Jun 13, 2024•26 min•Ep 105•Transcript available on Metacast Welcome to the Minority Mindset Show! In this episode, we dive into the critical differences between Roth and traditional retirement accounts. Understand how taxes affect your contributions and withdrawals, and explore strategies to maximize your retirement wealth. We'll break down future income expectations, potential tax rate changes, and the overall growth benefits of each account type. Plus, learn why expanding beyond standard retirement accounts into other investments is essential for secur...
Jun 11, 2024•11 min•Ep 104•Transcript available on Metacast In this episode, we explore the intriguing reality that many individuals who appear wealthy may not be financially secure. By imagining a tenfold increase in income, we dissect the lifestyle changes that often accompany higher earnings—from luxury homes and cars to extravagant vacations. However, this increase in spending can lead to a dangerous cycle where even substantial incomes are fully expended, leaving little for savings or investments. Key Points Covered: Income vs. Wealth: Discover why ...
Jun 06, 2024•10 min•Ep 103•Transcript available on Metacast In this episode, we learn how to build wealth from scratch, especially if you're starting with debts and no savings. This 10-step checklist provides a comprehensive roadmap to achieving millionaire status, overcoming financial obstacles, and laying a solid foundation for future generations. Wealthy Mindset and Money Rules: Shift your perspective on money and learn the fundamental principles that govern wealth. Save Your First $2,000: Establish an emergency fund to safeguard against unforeseen fi...
Jun 04, 2024•38 min•Ep 102•Transcript available on Metacast Is every economic crisis an opportunity? In this episode, we'll uncover how to capitalize during downturns, transforming economic challenges into financial wins. This episode will guide you on: Understanding Bias: Learn the crucial role of staying objective in financial analysis, regardless of market conditions. Spotting Opportunities: Whether markets soar or plummet, discover how to identify and leverage opportunities for substantial gains. Emotional Detachment: Master the art of separating fee...
May 30, 2024•10 min•Ep 101•Transcript available on Metacast Curious about how to achieve wealth regardless of the economic climate? This video breaks down the timeless steps to financial freedom that apply anytime, anywhere. Here’s what you’ll learn: Earn and Save: Start by earning money through a job or business, and importantly, spend less than you earn. Invest Wisely: Discover the key asset classes that have historically built the most wealth: stocks, real estate, and business investments. Generate Cash Flow: Understand the importance of investments t...
May 28, 2024•17 min•Ep 100•Transcript available on Metacast Ever wondered why some people seem to have it all? It's not about what they want—it's about what they prioritize. This episode dives into the real secret behind achieving your desires in life: prioritization. Here’s what you’ll discover: Real-Life Insights: Jaspreet recounts the tough realities faced by students in public schools and how shifting their priorities could change their futures. Actionable Steps: Learn three clear steps to start getting what you really want out of life. From deciding...
May 23, 2024•15 min•Ep 99•Transcript available on Metacast Do you want to surpass the financial status of the majority of Americans without the need to innovate like Amazon's founder? This episode explores practical and achievable strategies that can significantly enhance your financial health and position you among the wealthier echelon in the country. Key points include: Effective Money Management: Learn the three foundational steps to leap ahead financially: tracking your spending, systemizing your savings, and prioritizing 'paying yourself first' to...
May 21, 2024•20 min•Ep 98•Transcript available on Metacast Uncover how the banking system is structured to profit immensely from consumer ignorance and debt. This enlightening episode delves into the predatory practices of credit card companies and banks that thrive on high-interest rates and excessive fees, turning ordinary financial behaviors into profit centers. Here's what we cover: Credit Card Debt Trap: Learn why credit card companies label customers who pay off their balances each month as 'deadbeats' and how the average American household with c...
May 16, 2024•14 min•Ep 97•Transcript available on Metacast What truly drives the wealth of the ultra-rich like Mark Zuckerberg and Elon Musk? It's not their staggering salaries, but rather their investments and asset ownership. This episode peels back the curtain on how billionaires really build their fortunes, revealing that true wealth isn't about cash in the bank but substantial equity in booming businesses. Here's what we unpack: Understanding Assets vs. Salary: Discover why the wealthiest individuals focus on growing their assets rather than their ...
May 14, 2024•12 min•Ep 96•Transcript available on Metacast Ever wondered if daily coffee splurges are draining your wallet? This episode challenges the popular belief that small luxuries like a $7 coffee are the culprits behind financial struggles. Jaspreet leads us into a detailed analysis that goes beyond simple spending habits to uncover deeper financial truths. Here’s what we cover: Cultural Spending: Discover how cultural habits influence spending, illustrated by a personal story of a rare outing for Indian tea. The Real Culprits: Learn about the l...
May 09, 2024•7 min•Ep 95•Transcript available on Metacast What habits set wealthy individuals apart? This episode uncovers specific practices that foster financial success and personal fulfillment. Here’s a sneak peek into a few: Exceeding Expectations: Why going the extra mile can dramatically influence your career progression. Value of Learning: How prioritizing knowledge over immediate financial gain can multiply your earning potential. Financial Restraint: The importance of earning without the compulsion to display wealth. Purpose-Driven Actions: H...
May 07, 2024•23 min•Ep 94•Transcript available on Metacast Ever faced the dilemma of wanting luxury but worrying about the financial implications? Jaspreet shares a transformative lesson from his journey: learning to spend money wisely. Growing up in a traditional Indian household emphasized saving over spending, Jaspreet initially found it challenging to justify expenses on non-essentials. However, as he became became more financial educated, he discovered the balance between saving, investing, and spending. Jaspreet discusses the concept of affording ...
May 02, 2024•17 min•Ep 85•Transcript available on Metacast