How THE SYSTEM Keeps You Poor

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How THE SYSTEM Keeps You Poor
0:00 - Video starts
0:50 - How The Fed Killed Retirement
21:27 - Why The Poor Will Get Poorer
38:21 - Our Fake Money System
56:44 - Understand The Great Reset
1:24:27 - How To Profit From This System

What Is The Minority Mindset?
It's thinking differently than the majority of people.

Minority Mindset was founded to revolutionize the way Money Minds think about money and to make financial literacy fun. We do this by sharing videos, articles and resources on how to make, save and invest money. #RethinkRich

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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 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.

[TheEcono]

As an already retired person on a limited budget I make use of personal solar with lithium batteries, vegan ( meat is expensive ), prepping skills, diy maintenance, an e-bike as second vehicle, minimalism, monolithic dome homes are concepts I never dreamed that would matter at age 70 are my new adventure let alone survival .... Not being financially literate when I was younger has come at a cost ... Pay attention here and do better than I did ☯️🙏

[stevenbingham]

I love how Jaspreet breaks down concepts so they are easily understandable and he throws a LOT of good supporting information at a pace that keeps you engaged!! His approach makes it fairly easy for the average person to get a lot out of the material!! He freely shares the most valuable asset he has, his knowledge!!
This is what capitalism should be about, which is working to prosper yourself as well as others!!!!

[WatchfulHunter]

Avoid debt and risk. Avoid pleasure addiction. Learn self discipline, grace, humility, wisdom. Look for ethical, reliable monthly income streams. Decrease your bills by not buying or selling things you don't need. Learn self control, patience, integrity. Avoid financial risk and debt. Save your money. Buy low. Sell high. Fight the stupidity within you. Think before you act. Avoid emotional decisions. Do not listen to people who pressure you to make a decision they want. Take your time. Walk away.

[MichaelWilliams-xsbj]

I like your advice! My family owns a tire shop and rental homes. We built our tire shop without any advertising at all other than word of mouth. It really makes me angry hearing how other tire dealers/mechanic shops selling customers thing they don't need. A few months ago a woman came to our shop. We were told to check her rear brakes on her Honda accord because the Honda dealership told her she had to have new brakes and rotors. I was shocked when I pulled the wheels off and she had 85% brake pads left. We treat our customers vehicles like they belong to us. We have been in business over 21 years and stay covered up. Honesty goes a very long way to financial sucess!!

[cisco]

Videos like these make youtube worthwhile

[vahagnhovhannessian]

Anyone can achieve financial freedom, you just need the right mindset and the right information. For me, it was those things that guided me on my path to financial freedom. The moment I realized that investing in multiple assets beats putting all my money in savings or unnecessary expenses, that's when I began my journey to financial freedom. From my experience, the reason most individuals have unnecessary losses in investments is because they lack proper investment management, that also plays a huge role in successful investments. When I found an investment professional who is well equipped to manage my investments, that's when I started having consistent income and profits from all my investments.

[lennybrewster]

Gold is the money of kings. Silver is the money of gentleman. Debt is the money of slaves. That last one is why most people are poor sadly. Great video sir!

[indyzimmer]

This is the best video I've ever seen! Thank you so much for your time and attention to so many ideas!

[darrenhudock]

You are the main love your work, please never stop.

[MrSpt]

Thanks for talking to us like a friend and sharing the facts. Your the only financial teacher that I’ve had access.

[Natasha-phbv]

Thank you you are really a great educator

[haxx]

Sad i discovered this channel so late! This guy is fountain of great information, and i can even understand what he is saying. These concepts should be taught in schools.

[paulheaney]

Hi Jaspreet, firstly I just want to say thank you for educating the financially inexperienced people like myself. You mentioned a quote stating that we are living in a credit based society, that really was a light bulb moment for me, which I'm embarrassed to admit. It also made me realize how the credit reference agencies hold us to ransom. I am 50 years old very soon and my financial eduction is just starting now thanks to you, better late than never huh. I am now a proud money nerd member with Minority Mindset and am enjoying and understanding the literature that I am receiving from you. Please keep up the awesome work, its changing and improving my life and knowledge. Thanks again.

[SliceXShadow]

When you learn more about finance from a (Cool) guy on Youtube than you ever did in School.

I can tell this took a lot of work, much appreciated.

[CharmedUnicorn]

Bravo 👏🏽 👏🏽👏🏽👏🏽👏🏽👏🏽 Excellent video Jaspreet! Once again you knocked it out the park!

[ultimategeorge]

Jaspreet you are very knowledgeable of what you're teaching, you also deliver in a way that the average man could understand. I'm really surprised that you do not have more subscribers though. Keep doing your thing Jaspreet 💪🏾

[salomonabdel-aziz]

Jaspreet, I would love to sit next to you and just listen for 5 minutes, you are an amazing human being. The information that you are providing us for FREE in these videos has made me re-think a lot, you are truly an educator. I appreciate you pouring knowledge into us.

[pjabrony]

Bank with a credit union. The savings rates are just as bad but you see returns in the form of lower loan rates.

[DG-cnqt]

You probably have a video on pension funds and 401Ks. I’ll look into that. But times are changing and so are pension funds/401Ks. Pensions are “managed” for the individual. And 401Ks are usually limited to stock mutual funds and bonds. Both pensions and 401Ks are very risky investments these days. I don’t want to lose most of my pension and 401K to a stock market crash or negative bond market rates that may not recover in my lifetime. Do you have any advice?

[jvstudios]

Your videos have been helping become financially savvy for years ! I’m still on the journey and im enjoying the process!