Avoid These 10 Financial TRAPS (Don't Take Advice From BROKE PEOPLE)

Подписаться 1,9 млн

Просмотров 259 тыс.

50% 1

✅ Download my FREE Guide To Generating Passive Income: app.marketinsiders.com/passiv...
✅ Check out my products:
1. Market Briefs - Get my free financial newsletter for investors: briefs.co/market/jaspreet
2. Business Briefs - Get my free business newsletter for entrepreneurs: briefs.co/business/jaspreet
3. Market Insiders - Download Our FREE Guide To Generating Passive Income: app.marketinsiders.com/passiv...
4. BuzzLegal - Have a business idea? Let our network of attorneys protect it: www.buzzlegal.com
Recommended:
"Americans CAN'T AFFORD To Buy A Home Today!" - The Case For RENTING Vs BUYING | Jaspreet Singh: • "Americans CAN'T AFFOR...
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 AKA The Minority Mindset
#MinorityMindset #JaspreetSingh
My recommended tools! Please note: Although these are our sponsors & advertisers, these are companies that I trust and use (or have used). The compensation doesn't affect my recommendations or advice. However, you should always do your own research & never blindly listen to a random guy on RU-vid.
----------
➤ Real Estate Investing Online
1) 🏠 Fundrise - Invest in real estate with as little as $10!
theminoritymindset.com/yt/fun...
----------
➤ Passive Stock Market Investing
2) 💰 M1 Finance - Pick a few ETFs and stocks, then let M1 Finance invest your money automatically:
theminoritymindset.com/yt/m1-...
----------
➤ Life Insurance
3) 🛡 Policygenius - Get a free life insurance quote:
theminoritymindset.com/yt/pol...
----------
➤ Buy Gold Passively
4) 👑 Vaulted - Buy physical gold on autopilot:
theminoritymindset.com/yt/vau...
----------
Follow me:
Instagram: / minoritymindset
Website: www.TheMinorityMindset.com
Want More? 🥑🥑 Check out these channels!
Minority Mindset Clips: / minoritymindsetclips
Minority Mindset En Español: / minoritymindsetenespanol
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 RU-vid 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.

Опубликовано:

15 май 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 329

@MinorityMindset Год назад

Get my FREE Guide To Generating Passive Income: app.marketinsiders.com/passive-income-guide 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 RU-vid 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!

@dantehedge8414 Год назад

There are bots advertising a coin in your comments.

@ninakpham Год назад

Where to buy physical gold?

@GRINDETHIKSMIXTAPESHOW Год назад

Broke ppl are going to just tell u to save a bunch of liability paper lol

@myronhelton4441 Год назад

Gas prices spiking down to avoid bank closures, but vacations will spike gas prices for busy motels, but motels & credit cards will do layoffs in October for a depression. Desperate banks crashing ,purposely crashing the markets for a soft landing will backfire, because they are telegraphing to depositors to do bankruns on safe banks to make the depositors money safe, but the bankruns on safe banks will make only the banks & monopolies to go broke, due to them gambling all their money in stock buybacks. There cant be bailouts with the country broke already, so the depositors money will be safe. The kicking the can down the riad, but the depression is inevitable.

@calisingh7978 Год назад

Truck is many that are not broke will give you advice but it’s still bad because they have family that has built them not themselves.

@darnellcapriccioso 9 месяцев назад

I’ve been diligently working, saving and contributing towards financial freedom and early retirement, but the economy so far since the pandemic has eaten away most of my portfolio, what I want to know is this: Do I keep contributing to my portfolio in these unstable markets or do I look into alternative sectors.

@ericmccormick82 9 месяцев назад

Just try to diversify your portfolio to other market sectors, that way your investment is balanced and you don’t get to make so much losses.

@tatianastarcic 9 месяцев назад

I’m a contractor, and my job doesn’t permit me the time to properly analyze my holdings/evaluate stocks myself, so I’ve had a fiduciary actively restructuring my portfolio for the past 7 years now to match the present market condition and that’s how I’ve been able to stay afloat, knowing when to buy and sell…maybe you should do the same.

@darnellcapriccioso 9 месяцев назад

@@tatianastarcic I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

@tatianastarcic 9 месяцев назад

I really don't like making such recommendations, because everybody's situation is unique. But there are many freelance wealth managers you could check out. I have been working with ''Margaret Johnson Arndt” for about 7 years now, and she's really good. If she meets your discretion, then you could go ahead with her.

@jeromesand 9 месяцев назад

@@tatianastarcic Thank you. I will search on her site online and do my due diligence. If She seem proficient. I write her an email and scheduled a phone call.

@johnben9 9 месяцев назад

I appreciate your approach to teaching.. To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough, we just need to hold onto our hopes and wait to see how things turn out because market movements are almost always unpredictable. In my portfolio, I'm noticing more red than green.

@DaleHorne8 9 месяцев назад

As with an my big financial decision, it’s important to keep your guard’s up for economic risks. However, smart planning, time management and seeking advise from a financial adviser can help keep you and your money safe

@ritalorrigan 9 месяцев назад

@@LukeMcfarlane5 How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings

@ritalorrigan 9 месяцев назад

@@LukeMcfarlane5 oh! i never take this advises online seriously, but i checked Dawn Maureen up out of curiosity and i must say i am impressed by her Credentials. i emailed her already, waiting on her response

@KevinClarke9 9 месяцев назад

@@LukeMcfarlane5 Thank you for this tip , I must say, Dawn Maureen Humphrey appears to be quite knowledgeable. After coming across her online page, I thoroughly went through her resume, educational background, and qualifications, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.

@2859abhi 8 месяцев назад

This is a real Sikh... Protecting people from going broke... Good work Sardar Ji

@rasoulhosseini24 9 месяцев назад

Man, it was amazing! I subscribed you 2 weeks ago and now I follow every tiny detail you're discussing. I'm amazed at how true you are and how powerful your speeches are. Keep going on, Thank you so much for all the time and effort you spent.

@SaniyeCelik-vk8yo Год назад

Fb44TC is my safety asset along with tether so i'm really glad to hear all this!! thank you very much

@ZezeDouglas 11 месяцев назад

Could you kindly explain what type of assets these are?

@architjain30 11 месяцев назад

@@ZezeDouglascompletely fraud assets, especially tether

@monkeybean8690 10 месяцев назад

I can explain, SPAM!

@waibosibili8546 10 месяцев назад

Much appreciated content ❤

@PrincessPeachyTort 10 месяцев назад

I appreciate your effort in putting this video togeter, good sir 😊 Thank you.

@user-dp1cy2ez9w Год назад

Boys is it best to invest in Fb44TC monthly or weekly? I'm thinking the fees will be higher if done weekly.

@henryamoatey3196 Год назад

Wow!! I love this. Thank you coach

@carlosgarcia8770 Месяц назад

"Below". Love your honesty.

@nubiavm1747 11 месяцев назад

Listening to you is very motivating 🙂

@asligok1946 Год назад

Amazon released Fb44TC the first market change this year simply cus of that release 👍

@sifu64 8 месяцев назад

I always find it interesting- when I actually see broadcast/commercial TV, there's a junk food or restaurant chain commercial followed up by some pharmaceutical commercial for some level of diabetes or mental health. A new pill for the other pill - creating new consumer markets!

@MrApourv 9 месяцев назад

You have got real fresh perspective.

@THEREALESTATEHUSTLER 11 месяцев назад

Thank you sir ❤🙏🏿🙏🏿🙏🏿💯

@independenceandstability9935 7 месяцев назад

Thank you for this truth Sir. God bless you 👍

@ChefCarter Год назад

I listen to everyone's story. You can still learn from someone who has failed. I have a story about a failed businessman. I was speaking to him about the steps to take to open a business. He was down on himself and said he can't give advice because he failed. I explained that most people don't know how to start a business. People talk about it all the time, but don't actually do it. Then I explained that although he may have failed, he also gained experience and he can learn from his mistakes and tell people how to avoid those mistakes. Next thing I know, he starts another business that is very profitable.

@davidx8152 9 месяцев назад

Great podcast Minority Mindset - Is there a way you could increase your volume at time of recording. The volume level is very low and it makes it difficult to hear.

@AlexWoahWTF 8 месяцев назад

The last one is what hits me. Keep the momentum up dudes

@cobrafinancialsolutions1039 Год назад

Great video!

@fawkes1570health 10 месяцев назад

Great advice! It reminds me a lot of dieting and the losing weight goal. A few will succeed and most will fail. Human nature I guess.

@cryptocsguy9282 11 месяцев назад

On point number one , I don't think anyone needs a financial adviser (at least not one that you need to pay for) because in the investing community there's so many people online including (Jaspreet) who are giving financial advice but who will claim not to be financial advisers because they don't wanna get sued but sometimes the FREE advice you can get is actually pretty good

@discoverpakistan8565 7 месяцев назад

After watching thousands of wealth making coaches, I undoubtedly choose u as my virtual mentor. You're doing a great favour to this world. Keep up the good work.

@bradtke1993 Год назад

How refreshing, a video without a market brief ad

@TheLegend-uq1gz Месяц назад

I love this teaching. This is worth a lot of money.

@rocke4804 8 месяцев назад

Bro u solved my biggest fear - never listen to them who never tried ❤❤❤ love it

@lenderzconstable Год назад

Planning for an emergency is SO important. I recommend it too.

@marcusm8009 11 месяцев назад

I killed peer pressure a long time ago. No friends, no pressure 😅

@Telegraph..Singh_Admin..0 11 месяцев назад

Hit me up ☝️☝️☝️☝️

@livingthedream8404 11 месяцев назад

Jaspreet!!! 💪🏽 🧠

@amarindersandhu4664 7 месяцев назад

Great Video 👍👍

@ekhalekhadavid 10 месяцев назад

thank you, I felt like this video was made for me I will listen to it every morning to reenforced everything this is motivational for me

@healzen2055 Год назад

Hey My Man! You have a video on investing in stocks while living on low income?

@snoopanoop7705 Год назад

Keep up the awesome content

@user-hp3vp8tx2z 10 месяцев назад

Thanks for taking your time to give me heads up on everything in life..

@richhands5269 Год назад

My three favorite channels: Minority Mindset, Stock Brotha, & J Bravo. Make my week complete!

@vitahealth.2372 Год назад

Will check

@maryfrancisco8240 11 месяцев назад

Thank you for the information. Iwant to buy gold,but dont know specific place to buy it

@Jaspreetfinance 11 месяцев назад

Chat me up ☝️☝️

@chrispowers627 Год назад

Is Sweetgreens one of your start ups? If so nice plug.

@SeamusMcMichael Год назад

Great extensive long-form video 3:06

@danielmartin6865 11 месяцев назад

Good afternoon,I have a question. How is the best way to know if my financial advisor is a good one?

@rinakaur7245 Год назад

Sound advice.

@4x4RescueThunderBay 11 месяцев назад

"Some financial advisers are not so good".. 24 years later I just recovered from my first financial adviser. Never again will I make a "bank appointment". Love this channel, been watching and learning for a while now. I really appreciate the effort and enjoy the show 👍

@kfk256 Год назад

Lol! I see you're giving Chipotle a break. "Sweetgreen". 🤣🤣🤣🤣

@Richardson238 Год назад

I'm so happy I made productive decisions about my finances that changed my life forever,hoping to retire next year... Investment should always be on any creative man's heart for success in life.

@lea5898 Год назад

The fluctuations of the market only affect those that odd coins, but traders makes money on both sides, when it's bearish they go short when it's bullish they go long... The best strategy to use in trading crypto is to trade with a professional, like Fergus waylen he understand the market quite well, that way maximum profits are guaranteed.

@raphfelimax2713 Год назад

I've read articles of highly profiled investors from different countries who mentioned the services of expert Fergus waylen . He seems to work with investor around the world.

@adamdouglas9888 Год назад

Beginners shouldn't settle for videos alone, After watching so many RU-vid tutorial videos about trading I was still making losses not until I met Fergus . he is now currently managing my account and i just made my 4th withdrawal yesterday

@georgebasonathan4784 Год назад

You just shared a vital information that will help lots of people who desires to make profits from trading. Really, I think I will start with 3k USD when I get home...

@wilsonrichard440 Год назад

I think he must be very good with crypto because he has been recommended by many RU-vidrs to learn how to trade with him.

@princessunknown3158 7 месяцев назад

Very true.....very true.... that's family starts from. You will miss opportunity believe me.

@truefinancey 9 месяцев назад

So if a person is making 3000$ from which we paid all the monthly expenses household,food and etc a even invested 400$ from it and still remain with 400$ should we save it or what to do with it?

@georgeblake2187 Год назад

Great encouragement on point. always well done 👍

@harleycartley3138 Год назад

Avoid debt. Cut costs. Building wealth is in your mindset, work on that and your financial potentials becomes exponential, develop good habits like regularly putting money away in intervals for investments .The financial market has plenty of opportunities to earn.. I made my first million from passive investing in diverse assets with the help of my adviser Susan Kay Mack..it's been a year of steady growth..

@chrisanthony3560 Год назад

I totally agree with you..having diverse investments is a great way

@donaldlocher2537 Год назад

I did read about Susan Kay Mack on the web., quite a great resume she has

@clairefrewman1456 Год назад

Most people shy away from discussing financial management, which will come back to bite them in the future.

@subpump2823 6 месяцев назад

What kind of classes would I be looking for?

@truefinancey 9 месяцев назад

Thanks for the information I want to ask you that I want to invest in S&p 500 for long term is it a good way to get started

@Dave-zl2ky Год назад

Investing emotionally is a big one. Always surprised by how many of us think the stock is their friend and will just go up.

@solharvester2341 Год назад

Basically they only way I can save money is be single and not travel for any holiday, or buy gifts for anyone. It's just not feasible.

@bringerofthedawn5544 Год назад

Great advice!

@chenvictor8 8 месяцев назад

What are your thoughts about land investing?

@ellerellerek52 Год назад

How about making video about CBDC and way to protect from it

@LordGreavous Год назад

i like to have enough to be comfortable and then invest the rest, if my wage goes down ill lower what i spend on myself inline with lowering investment, if it goes up ill only slightly increase my comfort, well because im already comfortable and bump the rest all into investments.

@ActiveRehabMobility 11 месяцев назад

Love jaspreet. But notice a lot of guests talking about “meme” stocks in a negative tonne. Can someone maybe for once talk about illegal shorting and all of the shady business practises of citadel which can potentially make “meme” stocks quite lucrative.

@Jaspreetfinance 11 месяцев назад

Chat me up ☝️☝️☝️

@2alawabidingcitzen Год назад

Man I've been preaching this for months to different people no one listen like my baby mother been telling her then she take a vacation to Las Vegas last month now this month she asking me for money to help pay her rent. 🤦🏾🤷🏽‍♂️ when I haven't been doing nothing for 6 months buts saving.

@SabrinaDacosta 11 месяцев назад

Saving? As long as you are paying for your own kid. Who is paying for your kid? The government? Taxpayers? Baby Momma? Easy to save if you dodge responsibility

@2alawabidingcitzen 11 месяцев назад

@Sabrina Dacosta my son never leaves my side which is why I started a business and use him as the logo. Thanks.

@2alawabidingcitzen Год назад

Lil wayne been said don't you ever get to comfortable.

@rodiculous9464 Год назад

Some platforms like robinhood specifically tap into emotional investing by having all these gamified UI features. And then they sell your order flow to the big institutional investors so they can make money off you. So make sure you understand the difference between empowering yourself and becoming a customer for someone selling you dreams of empowerment. Max kaiser's "casino gulag" really rings true here

@SabrinaDacosta 11 месяцев назад

Robinhood is a great app for beginners investors. Buy low sell high re-invest and compound that. Who cares how Robinhood makes money as long as I’m making money by compounding weekly and learning as I go. That’s a win/win for me

@boowest1258 10 месяцев назад

I’m broke! I don’t give advice unless I hear good; reliable information about money on how to grow money from knowledgeable people like you and others who have studied the workings on how to be financial literate and financially free. Thank you for your advice because I didn’t know nothing about money but how to spend it💯Looking at your podcast is knowledgeable along with others! I give the advice you and other financially free people to others but they won’t research nor understand how to make money work for them! If your information is wrong then I guess I’m a-s out of luck anyway thank you because I know your information is informative and right💯

@candycoatedreams Год назад

What's with all these spammy comments 😂😂 As for financial education (or education in general), youtube university is an excellent place to start when you dont have a specific goal or the drive to reach the goal.

@Munce72 Год назад

Great work Jaspreet! Scooby snacks for you. My allegiance is to Liberty, the Repubic and Democracy.

@CAGChannel1 Год назад

Does sweet greens have extra guac??? That is the question ;)

@chelliebean5773 3 месяца назад

When I received my stimulus check I was determined not to spend them, I just treated my self to small portion of the first one. Thankfully i was able to keep them in a high yield savings account, and work monthly to add to it.

@celticfiddle7605 Год назад

You are such a great teacher.

@NITISHBHATT008 8 месяцев назад

Tusi chaa gaye paaji.........

@RelaxInCanada Год назад

Thank you so much for this educational video, keep sharing your valuable tips!

@joeynyc1000 Год назад

I invested $1,100 every week on fidelity 500 index fun my gold is 6 years or more im afraid to take a risk investing in a aggressive stock

@lilredexptsc Год назад

We went to seek out an advisor a few weeks ago and the guy did not give off good vibes at all. The weirdest thing about him was I asked about his watch he had on, I could tell it was a Rolex. He shoved it back under his sleeve and was like oh idk what kind of watch it was. Everything he said after that my mind was already out of the conversation. Next!

@greatnessismagnificent 8 месяцев назад

respect

@tomdrummy4984 Год назад

I hope people realize that credit card interest rates are variable…………and are currently over 20%. Crazy stuff

@KenyaMitchell 10 месяцев назад

I love this message but I disagree with the 0% apr assertion. I bought my car on a 0% apr loan from Mazda when I was pregnant and desperately needed a safe car. I got the cheapest car on the lot, haggled down the price, and saved so much money I paid the car off a year early. It's about not spending more once you get the deal.

@blueelf217 Год назад

Welp...officially old. Friends & I have to always do boomerangs with our drinks. I don't know why...but I feel bad saying no to doing them. :D

@mrjay3614 9 месяцев назад

Instagram culture 😂... on point amigo

@JV-ir3zw Год назад

PC WEST BANK is going down and more regional banks will continue to go down to give way for the implementation of the New Digital Currency CBDC just as it happened in the 1800-1900s to give way for the creation of the Federal Reserve cartel...

@TerryProthero Год назад

I'm not wealthy, but I do have a good amount of money in savings. And that alone has helped me quite a bit. I have little trouble paying my bills and always have money for emergencies. So, you can listen to other people, but you need to consider what they are doing well and what they are not doing so well. And you can learn from both. Do the things they are doing right, and avoid the things they are doing badly. In my case, I know how to manage the money I have, but I know very little about making money. In terms of spending money, my philosophy is to spend a little money on luxuries but to not go too crazy with it. So, you are always living within your means.

@jeremymeyer5552 Год назад

Allot of times broke people can tell you exactly why they are broke and rich people can tell you what worked for them.

@haruko1297 5 месяцев назад

since I really discovered you, my life completely changed

@PCREPAIRZ1 9 месяцев назад

The best way to save money is to..... take good care of the things you have...

@malldemelanin 8 месяцев назад

Basic truths.

@getinthespace7715 Год назад

So far selling my reit investments and shifting my retirement to a money market the beginning of February has been the smart moves. I avoided over 30% losses in the reits and instead of posting losses over the last few months I'm getting almost 5% returns on my retirement and am safe for if/when the market tanks. If the market sells off I can buy back in and make some good returns.

@yvesgingras1475 5 месяцев назад

Random guys on youtube "never trust a random guys on youtube" Soooo if Im not trusting you, that make me trust you in a way... Just kididng, nice video as awlays! :D

@Hellofa6ird 9 месяцев назад

Just once I would like to hear tips on how to get from paycheck to paycheck without having an emergency fund, finally getting one... I guess a credit card could be that emergency fund as long as paycheck to paycheck could cover the APR...

@shnymnstr5856 6 месяцев назад

Set 10% aside to savings first! Then pay your bills.

@Hellofa6ird 6 месяцев назад

@@shnymnstr5856 love how you assume there's 10% after bills ...

@hpstudio9968 Год назад

i am the first viewer of this video

@drakopirate Год назад

🎉NICE🎉

@spsingh5857 7 месяцев назад

Giani read good books

@anniegolden1923 8 месяцев назад

I like him!!!

@KidCity1985 Год назад

The wise , rich uncle.

@justbeingfrank6342 11 месяцев назад

Wait? What if the advice was not to do what they did that led to them being broke?

@Sachin-tx6qe Год назад

Total assets are equal to networth plus liabilities Jaspreet ty for the financial education

@Sachin-tx6qe Год назад

Make sure to look out for scams especially near the 5th.

@XxOsaka_redxX 11 месяцев назад

Ooh you can make your assets pay for your schooling 🤩🤩

@MasterYoda389 6 месяцев назад

I hate how people with money always put down others as if they are some kind of beacon of excellence and special characteristics. Bro, you just got lucky. There isn't infinite money, not everyone can be successful all at once, we MADE society this way! Minority mindset my ass.,

@albertoaguilar2651 Год назад

Volume to low. I'm working, can't wear earbuds

@muhammedalisevinc9454 Год назад

Hopefully Fb44TC will do good.. have alil over 10million Fb44TC coins

@D4x4Bronc Год назад

Paying way too much for a home is a nice long financial trap

@yakupgumustas1452 Год назад

We have been on a recession since the beginning of 2022, but big media and governments all over the world didn’t want to admit it. We need to be wise and use our brains. Knowledge is power and I’d like all the family to be powerful! Just purchased some Fb44TC Thanks for keeping us informed during this times of doubt?

@jamesbooth6092 Год назад

They give you the phone so they can sell you a monthly cell phone service. I didn't think that was a hard concept to understand.

@guhbe385 Год назад

Most of the good deals are new customer only or have the most expensive plan type. The regular buy the phone at 0% a lot of people do end up doing is really just baked in. The prices at carriers are almost always full MSRP then 0% for 2-3 years. But if you shop around you can find the phones 5-25% off elsewhere if paid in full

@justinpearson9170 11 месяцев назад

I know I wasted my 20s but this RU-vid channel makes me realize how badly it was wasted 🤦🏾‍♂️🤣 Welp, better to get things on the right track now compared to some family members who NEVER got things together lol

@Telegraph..Singh_Admin..0 11 месяцев назад

Hit me up ☝️☝️☝️☝️