The 3 Step Plan To Prepare For The NEW WORLD Economy (DO THIS NOW) | Jaspreet Singh

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"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
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Video host: Jaspreet Singh

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DISCLAIMER CONT'D: I'm just a random guy on YouTube 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.

[MinorityMindset]

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 YouTube 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!

[AngelaBeers]

People didn’t shop so much when I was a kid, the 1970’s, people didn’t really eat at restaurants at much, people didn’t have a bulging closet full of clothes, 5 kinds of shampoo at once etc… My grandparents were well off, house on a lake, had the same couch for 20 years, and, neither grandparent ever had a credit card. They both worked. Point is, we shop too much.

[ahudson]

Claus said we will own nothing and be happy. No matter how hard we try, the gov will find a way to take it, unless we firmly resist the system and be less a part of it. Thank you for your work in educating people about money and the work you did with youth.

[talented]

Well, i do have my reservations about the economic crisis. Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $650K portfolio is down by approximately 20%, any recommendations to scale up my ROI before retirement will be highly appreciated.

[margaretburnham]

You're right about the seventies. I was born in '64. Dad went to work. Mom took care of my sister and I and everything home related and we had everything we needed

[jociecovington]

Ease start young!! I am 50 years old and just this year, started investing! Looking back I really wish I had been smarter with my money. I went to college for the first time at 35 and became a registered nurse. I have made enough money while being a nurse to invest...but did I ? Oh no!!! I was so thrilled to be finally making good money that I foolishly blew every cent I made and lived paycheck to paycheck. I should have been investing!! But, I cannot turn back the clock. So now I invest in stocks, some crypto, and have a pension at work. My husband and I also like to resale antiques for profit. I don't care about status or what anyone thinks of me. I don't care about driving a brand new car or having an expensive house. I want financial freedom to share adventures with my family, that is what I want!! So please, start NOW!!! You won't regret it.❤

[EloiseLittletonn]

I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point.

[SharonD.Spiker]

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly|

[Johnny-sehk]

I still blame FEDs for recent economy crisis. At the end, they benefit by either buying failed banks, homes, or even cars cheaper. The Feds can print credit as long as someone will borrow it into existence, but cannot print product (or production) Right or wrong?

[philc.]

I love the way Jaspreet explains complicated concepts in a simple to understand way for most non financial folks. You should be teaching these concepts in school to prepare kids for the future. We are a semiretired couple that practiced a very sound, disciplined and profitable plan since the 80's and now reaping all the benefits. You can survive and do fine in this crazy world.

[projectkj]

I try to talk to friends about what’s happening and they don’t want to know. It’s too stressful, they say, as they dig the hole in the sand where they will insert their head. 😢

[pearlwilkinson]

Great Video! Maybe make a video on potential investments in this current market that would fetch substantial profit, been coming across articles on bloomberg, business insider etc about folks raking in $200K averagely in 6weeks using some sophisticated strategy and I'd love to know how.

[x.muhammed_]

I'm DCAing in ANMM24W as well. ETH heavier DCA and ALGO. I'm taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!

[charlottenelson]

Jaspreet Singh is a blessing to many. I achieved success with easy steps below.

[mythicalmusical]

“Whe he said the best investment is to delete your Netflix.”
😂😂😂
Exactly.

[biyuwang]

I follow and love your videos. Unfortunately, it's been a while since i visited it has been a very rough year... i am experiencing one of the most challenging phases of my life... Lost a fortune investing in emerging companies... Hopeful, for a turnaround.

[stszxgc]

Thank you Jaspreet, you just beautifully laid out all of the things it took me many years to find out on my own. As another guy who came from very humble beginnings and made out very well you just made my work much easier as I just sent this video to my 23 year old son as a MANDATORY watch!!! Thank you for your diligent efforts sir

[spicycopper]

In 1970, median income $11, 120. When adjusting it using inflation calculator to 2021, it is $77, 659.
In 2021, median income is $70, 786.
Actually made more in 1970.

[RepuBlicOfChaD]

Gold was $63.84 an ounce in 1972. As of today June 17, 2023 its $1969.71 an ounce. That beats the ever living sheet out of inflation! That's 30x the original investment.

[jvin]

The sad part of all of this is currency earned is traded for a worker's Time, the hours of toil with a sweaty brow. A worker tries to save their Time for a rainy day they need it and it is made to be worth less every day. So by inflating away the currency, they are stealing Time from everyone.