“A lot of people selling you passive income ideas are straight-up lying to you, and it’s probably a scam.”

In this episode, Jaspreet breaks down what real passive income is—and how you can build it for yourself. If you’ve been misled by quick-fix schemes, this conversation will set the record straight.

Key Takeaways:

• Start with Active Income: Passive income doesn’t magically appear. You need to first build active income from a job or business that you can invest.

• Stocks and Dividends: Learn how to invest in dividend-paying stocks and funds that can pay you every quarter just for owning shares. But don’t get tricked into chasing high dividends—focus on quality companies.

• Reinvest Dividends: The real power of passive income from stocks comes from reinvesting dividends, letting your cash flow compound for bigger returns over time.

• Real Estate for Cash Flow: Buying rental properties can provide steady monthly income. Jaspreet shares his approach to finding good deals and making sure the numbers work for long-term profit.

• Be Ready for the Long Game: Whether it’s stocks or real estate, passive income requires patience. The first few years won’t change your life, but if you stick with it, you’ll see major returns in the long run.

This episode is packed with tips you won’t want to miss, including ways to fast-track your passive income journey and avoid common traps. Tune in now!

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).

----------

➤ Invest In Stocks Passively

1) M1 Finance - Buy stocks & ETFs automatically:

https://theminoritymindset.com/m1

----------

➤ Life Insurance

2) Policygenius - Get a free life insurance quote:

https://theminoritymindset.com/policygenius

----------

➤ Real Estate Investing Online

3) Fundrise - Invest in real estate with as little as $10!

https://theminoritymindset.com/fundrise

----------