Jaspreet Singh
6 things Jaspreet uses or recommends, from 4 episodes.
Jaspreet's top picks
What Jaspreet uses or recommends most, ranked by how often and how strongly. Paid ads are left out.
Recommends it · 1 episode
"There's something called the 1031 exchange which says if I buy a property for let's say $100,000, it goes up in value to $200,000, I can sell it, take that $100,000 of profit, pay $0 in taxes, buy a new property for $200,000, generate more cash flow, more write offs, and I can do that again and again and again as long as I hold the property for at least a year."
Recommends it · 1 episode
"The simplest rule that I teach is 75-15-10, which says for every dollar that you earn from here on out, 75 cents is the maximum that you can spend, 15 cents is the minimum you invest, 10 cents is the minimum you save. That way, whether you're making $20,000 a year, $200,000 a year, $2 million a year, you're always saving and investing before you spend all of your money."
Recommends it · 1 episode
"Index funds are fine. But you have to start investing. Some people just got to get their money in order and start investing in the S&P 500."
What Jaspreet warns against
Things Jaspreet says to avoid or be careful with. Other experts don't always agree.
"I used DoorDash for the first time. And I was like, 'This is the most confusing thing I've ever seen.'"
"No more Netflix until you get out of the financial danger zone. The average American watches over 2 hours of television a day. If you're paying 15 to 25% a year in interest, you should not feel comfortable enough to sit there and spend two hours rotting your mind watching Netflix."
All 6 of Jaspreet's picks
- 1031 Exchange Recommends it "There's something called the 1031 exchange which says if I buy a property for let's say $100,000, it goes up in value to $200,000, I can sell it, take that $100,000 of profit, pay $0 in taxes, buy a new property for $200,000, generate more cash flow, more write offs, and I can do that again and again and again as long as I hold the property for at least a year." +1 other
- 75-15-10 Rule Recommends it "The simplest rule that I teach is 75-15-10, which says for every dollar that you earn from here on out, 75 cents is the maximum that you can spend, 15 cents is the minimum you invest, 10 cents is the minimum you save. That way, whether you're making $20,000 a year, $200,000 a year, $2 million a year, you're always saving and investing before you spend all of your money." Only Jaspreet
- S&P 500 Recommends it "Index funds are fine. But you have to start investing. Some people just got to get their money in order and start investing in the S&P 500." +14 others
- Long-term investing strategy Recommends it "If I can give one piece of advice, cut out the emotions. The best investors are dead people because they don't sell." Only Jaspreet
- IRS Tax Withholding Calculator Recommends it "The IRS during the pandemic time created a tax withholding calculator. Go onto their site, see how much money you should be withholding." Only Jaspreet
- 75 15 10 System Recommends it "I like to teach 751510 which is for every dollar that you earn from here on out. 75 cents is the maximum that you can spend. 15 cents is the minimum that you invest. 10 cents is the minimum that you save." Only Jaspreet