“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

----------

“If you want to become a millionaire, there are two ways: earn it or accumulate it. But which one is right for you?”

Jaspreet breaks down how to either save and invest your way to a million or earn it faster by scaling your income. Here’s a quick breakdown:

Key Lessons:

• Two Paths to a Million:

  • Accumulate It: Consistently save and invest. It takes time but is accessible to most people.
  • Earn It: Faster but riskier, often requiring entrepreneurship or increasing income streams.

• Investing Small Adds Up:

  • Investing just $4 a day can grow to $1 million in 44 years at a 10% return.
  • Increase your investment by 5% each year, and you can shorten that to 36 years.

• Cut Big Expenses:

  • Downsizing your home or car can free up more money for investing.
  • Eliminate unnecessary luxury purchases until you’ve built real wealth

• Earning to a Million:

  • Earning $2,800 a day gets you to $1 million a year. Whether through a side hustle or business, scaling income is key.

• Entrepreneurship:

  • Building a business can accelerate wealth but requires dedication and constant learning.

Bottom Line: Whether you choose to save and invest or grow your income through entrepreneurship, the path to $1 million starts with disciplined financial choices.

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

----------

"Are you working hard but still not making money in your sleep? Warren Buffett warns: If you don’t, you’ll work until you die."

In this episode, Jaspreet dives deep into the mindset that sets wealthy people apart from everyone else. Instead of asking, "What can I buy with this $100?" they ask, "How can I turn this $100 into $200?" If you've never invested before and don't know where to start, this video is for you.

What You'll Learn:

• The Difference Between Earning and Growing Money: Understand why earning more isn't enough and how investing is the key to financial freedom.

• The Power of Mindset Shift: Learn how to change your perspective from spending to investing, and why this is crucial for building wealth.

• Introduction to Key Investment Assets:

  • Stocks: How to get started with as little as $10 and the importance of understanding active vs. passive investing.
  • Real Estate: Discover the benefits and challenges of investing in property, even if you think you can't afford it.
  • Businesses: Why starting or investing in a business can be a game-changer for your financial future.

• Practical Steps to Start Investing Today:

  • Budgeting for Investments: Tips on how to free up extra cash by cutting unnecessary expenses.
  • Setting Up Automatic Investments: How to make investing a habit without having to think about it

• Overcoming Common Investment Myths: Jaspreet debunks the idea that you need a lot of money to start investing and explains how anyone can begin building wealth.

By the end of this video, you'll have a clear roadmap on how to start investing, no matter your current financial situation. Jaspreet emphasizes that building wealth doesn't happen overnight—it requires patience, discipline, and a willingness to make sacrifices today for a better tomorrow.

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

----------