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The 7 Investments You NEED to Own for Life (So You Can Quit Your Day Job)
Manage episode 507124118 series 3555618
"Being wealthy means your investments are making you enough money to pay your expenses so you don't need a job to pay your bills."
What if you never had to work for money again? Jaspreet reveals the seven investment categories that wealthy people use to create income streams that work while they sleep. This isn't about picking the perfect stock or timing the market, it's about building a diversified wealth machine that wins whether the economy is booming or crashing.
What You'll Learn:
- Why cash flow producing real estate beats hoping property values go up
- How to calculate if a $200,000 rental property will actually make you money (the 7% rule)
- The difference between working IN a business versus owning the profits FROM a business
- Why McDonald's gave away $5 billion in 2024 and how you get your share
- How to invest internationally without leaving your couch or speaking foreign languages
- The speculative asset rule: never more than 20% of your portfolio in high risk investments
- Why physical gold beats paper gold when the economy crashes
Jaspreet breaks down exactly how much money you need in each category to replace your job income. He also reveals the tax strategies that let real estate investors make millions while paying zero taxes legally, and why your financial education is the best investment you'll ever make.
Want more financial news? Join Market Briefs, my free daily financial newsletter: https://www.briefs.co/market
Below are my recommended tools!
Please note: Yes, these are our sponsors & advertisers. However, these are companies that I trust and use (or have used). The compensation doesn't affect my recommendations or advice. That being said, you should always do your own research & never blindly listen to a random guy on YouTube (or a podcast).
----------
β€ Invest In Stocks Passively
1) M1 Finance - Buy stocks & ETFs automatically:
https://theminoritymindset.com/m1
----------
β€ Life Insurance
2) Policygenius - Get a free life insurance quote:
https://theminoritymindset.com/policygenius
----------
β€ Real Estate Investing Online
3) Fundrise - Invest in real estate with as little as $10!
https://theminoritymindset.com/fundrise
----------
103 episodes
Manage episode 507124118 series 3555618
"Being wealthy means your investments are making you enough money to pay your expenses so you don't need a job to pay your bills."
What if you never had to work for money again? Jaspreet reveals the seven investment categories that wealthy people use to create income streams that work while they sleep. This isn't about picking the perfect stock or timing the market, it's about building a diversified wealth machine that wins whether the economy is booming or crashing.
What You'll Learn:
- Why cash flow producing real estate beats hoping property values go up
- How to calculate if a $200,000 rental property will actually make you money (the 7% rule)
- The difference between working IN a business versus owning the profits FROM a business
- Why McDonald's gave away $5 billion in 2024 and how you get your share
- How to invest internationally without leaving your couch or speaking foreign languages
- The speculative asset rule: never more than 20% of your portfolio in high risk investments
- Why physical gold beats paper gold when the economy crashes
Jaspreet breaks down exactly how much money you need in each category to replace your job income. He also reveals the tax strategies that let real estate investors make millions while paying zero taxes legally, and why your financial education is the best investment you'll ever make.
Want more financial news? Join Market Briefs, my free daily financial newsletter: https://www.briefs.co/market
Below are my recommended tools!
Please note: Yes, these are our sponsors & advertisers. However, these are companies that I trust and use (or have used). The compensation doesn't affect my recommendations or advice. That being said, you should always do your own research & never blindly listen to a random guy on YouTube (or a podcast).
----------
β€ Invest In Stocks Passively
1) M1 Finance - Buy stocks & ETFs automatically:
https://theminoritymindset.com/m1
----------
β€ Life Insurance
2) Policygenius - Get a free life insurance quote:
https://theminoritymindset.com/policygenius
----------
β€ Real Estate Investing Online
3) Fundrise - Invest in real estate with as little as $10!
https://theminoritymindset.com/fundrise
----------
103 episodes
All episodes
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