How To Earn Enough Passive Income To Pay For Your Expenses In 2024 | Jaspreet Singh
Published: 2023-11-05
Status:
Available
|
Analyzed
Published: 2023-11-05
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
The speaker prioritized reinvesting all earned money into real estate to build cash flow, foregoing personal spending initially.
"my goal especially when I started investing in real estate was anytime I made money was I took this cash and I bought a property I made cash and I bought a property I made some money I bought a property that was it I wasn't spending any money on myself the only thing that I was buying was real estate because I knew that the real estate would pay me with cash flow and I could spend that cash flow and not have to worry too much because I knew the cash flow was going to come back next month"
Pending
The speaker's goal for real estate investments is a minimum of a 7% cash-on-cash return annually.
"When I invest in real estate I'm looking for a 7% cash on cash return on my money that means for every dollar that I invest into real estate I want to see 7 cents of cash flow from the property"
Pending
The speaker aims for a 7% cash-on-cash return in real estate, viewing it as a passive investment strategy, despite potentially lower returns compared to businesses.
"My goal is to get a minimum 7% annual cash onh return now if you compare this to that business example this is going to seem a whole lot less because in a business you might be able to get a 20% cash on cash return here I'm only getting a seven and you're right but the advantage here is this can be completely passive when to buy a good rental property I'm going to hand over the keys to my property management company"
Pending
Specific dividend ETFs (SCHD, VYM, SDY) are identified as investment options for exposure to high dividend-paying companies.
"a few examples of these types of dividend ETFs are s CHD V ym and sdy when you invest in any one of these ETFs you're getting exposure to a number of different High dividend paying companies"
Pending
The speaker prioritizes cash flow generation from real estate over property value appreciation.
"I don't care what happens to real estate prices when I look at real estate the only thing that I care about is how much money do I have to invest in today and how much money am I going to get paid every single month"
Pending
Businesses are valued between 2 to 10 times their annual profit, with the exact multiple depending on the industry and upside potential.
"you can pretty much estimate that you're going to be paying somewhere between two and 10 times profits depending on what the industry is so if a company is making $10,000 a year in profit you can expect to pay at least 10 to $15,000 if not $20,000 to buy that and it could potentially be anywhere up to $100,000 depending on what the upside is depending on what the industry is"
Pending
Location is the most critical factor in real estate investment, as it directly impacts rentability and the ability to achieve good returns, even with property renovations.
"the one thing that you cannot change is the location and if you buy a property in a crappy location where the location is getting worse and worse you can do everything to renovate the property but if it's in an area where nobody wants to be you're not going to be able to get good rents"
Pending
AT&T was paying a 5.4% dividend yield, translating to $5.40 in cash flow per $100 invested annually.
"AT&T at the time we recording this video they are paying a 5.4% dividend yield that means if you were to invest a $100 into this company in one year they would pay you $540 over the the course of the year in cash flow"
Pending
Realty Income Corporation (O) offered a 4.41% dividend yield, while Simon Property Group (SPG) offered a 5.5% dividend yield.
"o which is realy income Corporation and then SPG which is Simon Property Group these are two different real estate investment companies this realy income Corporation this is a company that invests in real estate across the country even some intern National real estate now and the salimon property group is one of the largest and most premiered shopping mall owners in America so now when you invest in these companies again you're getting exposure to the company and then both of these companies pay out dividends o pays out 4.41% at the time of recording salmon Property Group is paying up 55% at the time of recording"
Pending
Vanguard Real Estate ETF (VNQ) had a 3.9% yield, and USRT had a 3.4% yield.
"vnq at the time of recording is paying 3.9% usrt is paying around 3.4%"
Pending
International dividend ETFs, specifically IDV and VMI, offered yields of just over 7% and just under 5%, respectively.
"idv at the time we recording has just over a 7% yield VMI just under a 5% yield"
Pending
The speaker's target for real estate investments is a 7% cash-on-cash return annually.
"When I invest in real estate I'm looking for a 7% cash on cash return on my money that means for every dollar that I invest into real estate I want to see 7 cents of cash flow from the property"
Pending
Most startup investments fail, resulting in a complete loss of capital and no income generated while waiting for a potential exit.
"most of the companies that you invest in will go completely bust they're going to go to zero so you don't get paid while you wait you invest and then you hope and hope and hope and hope that they become something bigger"
Pending
A common valuation multiple for businesses is between 2 to 10 times their annual profits.
"you can pretty much estimate that you're going to be paying somewhere between two and 10 times profits depending on what the industry is"
Pending
The speaker's target for real estate investments is a minimum of 7% annual cash-on-cash return.
"my goal when I invest in real estate is to get a minimum 7% annual cash onh return"
Pending
Stablecoin interest-bearing accounts can offer annual interest rates between 7-9%.
"these interest bearing accounts will pay you somewhere between 7 8 and 9% a year in interest on your stable coins"
Pending
The recommended approach for building multiple income streams is to first focus on mastering and building one income source before diversifying.
"what you want to do first is find one thing master that be the best at that and build that first Once you can do that now it's a lot easier for you to kind of go out and be a little bit broader now because you already started narrow you have built this one thing you have created this one stream EV income and now you can start putting this money somewhere else"
Pending
Location is the most crucial factor in real estate, as it directly impacts rentability and the ability to secure good tenants, regardless of property improvements.
"the one thing that you cannot change is the location and if you buy a property in a crappy location where the location is getting worse and worse you can do everything to renovate the property but if it's in an area where nobody wants to be you're not going to be able to get good rents"
Pending
Businesses are typically valued at 2 to 10 times their annual profits, with the specific multiplier varying by industry.
"you can pretty much estimate that you're going to be paying somewhere between two and 10 times profits depending on what the industry is"
Pending
McDonald's pays a quarterly dividend to its shareholders, providing income while they hold the stock.
"McDonald's and they're going to pay me while I wait so you buy shares at McDonald's and every 3 months every quarter they're going to pay you a dividend just for owning their company"
Pending
Dividend yields for publicly traded companies generally range between 2% to 5% annually.
"in general there's somewhere between 2 to 5% a a year in dividends"
Pending
AT&T was offering a 5.4% dividend yield at the time of recording.
"AT&T at the time we recording this video they are paying a 5.4% dividend yield"
Pending
Realty Income Corporation (O) had a dividend yield of 4.41%, and Simon Property Group (SPG) had a dividend yield of 5.5%.
"o pays out 4.41% at the time of recording salmon Property Group is paying up 55% at the time of recording"
Pending
VNQ offered a 3.9% yield, and USRT offered approximately 3.4%.
"vnq at the time of recording is paying 3.9% usrt is paying around 3.4%"
Pending
IDV provided a yield exceeding 7%, while VMI offered a yield just under 5%.
"idv at the time we recording has just over a 7% yield VMI just under a 5% yield"
Pending
The speaker prioritized reinvesting all earned money into real estate to build cash flow, foregoing personal spending initially.
"my goal especially when I started investing in real estate was anytime I made money was I took this cash and I bought a property I made cash and I bought a property I made some money I bought a property that was it I wasn't spending any money on myself the only thing that I was buying was real estate because I knew that the real estate would pay me with cash flow and I could spend that cash flow and not have to worry too much because I knew the cash flow was going to come back next month"
Pending
The speaker's target for real estate investments is a minimum of a 7% cash-on-cash return annually.
"When I invest in real estate I'm looking for a 7% cash on cash return on my money that means for every dollar that I invest into real estate I want to see 7 cents of cash flow from the property"
Pending
Most startup investments fail, resulting in a complete loss of capital and no income generated while waiting for a potential exit.
"most of the companies that you invest in will go completely bust they're going to go to zero so you don't get paid while you wait you invest and then you hope and hope and hope and hope that they become something bigger"
Pending
Businesses are typically valued at 2 to 10 times their annual profits, with the specific multiplier varying by industry.
"you can pretty much estimate that you're going to be paying somewhere between two and 10 times profits depending on what the industry is"
Pending
The speaker's target for real estate investments is a minimum of 7% annual cash-on-cash return.
"my goal when I invest in real estate is to get a minimum 7% annual cash onh return"
Pending
Stablecoin interest-bearing accounts can offer annual interest rates between 7-9%.
"these interest bearing accounts will pay you somewhere between 7 8 and 9% a year in interest on your stable coins"
Pending
The recommended approach for building multiple income streams is to first focus on mastering and building one income source before diversifying.
"what you want to do first is find one thing master that be the best at that and build that first Once you can do that now it's a lot easier for you to kind of go out and be a little bit broader now because you already started narrow you have built this one thing you have created this one stream EV income and now you can start putting this money somewhere else"
Pending
Location is the most crucial factor in real estate, as it directly impacts rentability and the ability to secure good tenants, regardless of property improvements.
"the one thing that you cannot change is the location and if you buy a property in a crappy location where the location is getting worse and worse you can do everything to renovate the property but if it's in an area where nobody wants to be you're not going to be able to get good rents"
Pending
McDonald's pays a quarterly dividend to its shareholders, providing income while they hold the stock.
"McDonald's and they're going to pay me while I wait so you buy shares at McDonald's and every 3 months every quarter they're going to pay you a dividend just for owning their company"
Pending
Dividend yields for publicly traded companies generally range between 2% to 5% annually.
"in general there's somewhere between 2 to 5% a a year in dividends"
Pending
AT&T was offering a 5.4% dividend yield at the time of recording.
"AT&T at the time we recording this video they are paying a 5.4% dividend yield"
Pending
Realty Income Corporation (O) had a dividend yield of 4.41%, and Simon Property Group (SPG) had a dividend yield of 5.5%.
"o pays out 4.41% at the time of recording salmon Property Group is paying up 55% at the time of recording"
Pending
VNQ offered a 3.9% yield, and USRT offered approximately 3.4%.
"vnq at the time of recording is paying 3.9% usrt is paying around 3.4%"
Pending
IDV provided a yield exceeding 7%, while VMI offered a yield just under 5%.
"idv at the time we recording has just over a 7% yield VMI just under a 5% yield"
Pending
Businesses are typically valued at 2 to 10 times their annual profits, with the specific multiplier varying by industry.
"you can pretty much estimate that you're going to be paying somewhere between two and 10 times profits depending on what the industry is"
Pending
The speaker prioritizes cash flow generation from real estate over property value appreciation.
"I don't care what happens to real estate prices when I look at real estate the only thing that I care about is how much money do I have to invest in today and how much money am I going to get paid every single month"
Pending
The speaker prioritized reinvesting all earned money into real estate to build cash flow, foregoing personal spending initially.
"my goal especially when I started investing in real estate was anytime I made money was I took this cash and I bought a property I made cash and I bought a property I made some money I bought a property that was it I wasn't spending any money on myself the only thing that I was buying was real estate because I knew that the real estate would pay me with cash flow and I could spend that cash flow and not have to worry too much because I knew the cash flow was going to come back next month"
Pending
The speaker's target for real estate investments is a minimum of a 7% cash-on-cash return annually.
"When I invest in real estate I'm looking for a 7% cash on cash return on my money that means for every dollar that I invest into real estate I want to see 7 cents of cash flow from the property"
Pending
Most startup investments fail, resulting in a complete loss of capital and no income generated while waiting for a potential exit.
"most of the companies that you invest in will go completely bust they're going to go to zero so you don't get paid while you wait you invest and then you hope and hope and hope and hope that they become something bigger"
Pending
The speaker's target for real estate investments is a minimum of 7% annual cash-on-cash return.
"my goal when I invest in real estate is to get a minimum 7% annual cash onh return"
Pending
Stablecoin interest-bearing accounts can offer annual interest rates between 7-9%.
"these interest bearing accounts will pay you somewhere between 7 8 and 9% a year in interest on your stable coins"
Pending
The recommended approach for building multiple income streams is to first focus on mastering and building one income source before diversifying.
"what you want to do first is find one thing master that be the best at that and build that first Once you can do that now it's a lot easier for you to kind of go out and be a little bit broader now because you already started narrow you have built this one thing you have created this one stream EV income and now you can start putting this money somewhere else"
Pending
Location is the most crucial factor in real estate, as it directly impacts rentability and the ability to secure good tenants, regardless of property improvements.
"the one thing that you cannot change is the location and if you buy a property in a crappy location where the location is getting worse and worse you can do everything to renovate the property but if it's in an area where nobody wants to be you're not going to be able to get good rents"
Pending
McDonald's pays a quarterly dividend to its shareholders, providing income while they hold the stock.
"McDonald's and they're going to pay me while I wait so you buy shares at McDonald's and every 3 months every quarter they're going to pay you a dividend just for owning their company"
Pending
Dividend yields for publicly traded companies generally range between 2% to 5% annually.
"in general there's somewhere between 2 to 5% a a year in dividends"
Pending