The NO FLUFF Guide To Go From $10,000 To $100,000 In 3 Years | Jaspreet Singh

"Black Rock says that they are seeing a once in a generation opportunity"

"and yes these are FDIC insured Banks so if you have $10,000 already put aside and you can put aside an additional $7,100 a year and let's just say that you can get a 4% interest rate on your savings which many banks are paying nowadays that means it's going to take you 10 years to grow your money to $100,000"

"now if you can grow your money by let's just say 7% a year and assuming that we don't see any sort of recession or market crash in the near future now you put $10,000 into the market you're putting an additional $7,100 a year into the market and now you can grow your money by 7% a year based off of these numbers it is going to take you 8 years for your money to grow from $10,000 to $100,000"

"if your business makes $100,000 a year in profit and it's and is value at a 10 times multiple a $100,000 profit is worth $1 million but if you can grow your business to $500,000 of profit now your business is worth $5 million"

"you bought this $100,000 business has a 30% profit margin meaning you're getting a $30,000 profit at the end of the year after paying for all the expenses this is hypothetical numbers I know but now you come in and you can take it from a $30,000 profit at the end of the year to $6,000"

"because if the $30,000 profit in the business was worth a $100,000 business now is6 $50,000 profit means that this business should in theory be worth $200,000"

"The next hot meme stock you read something Reddit and they're telling everybody about how much money they put into Reddit and they're ready to see this thing sore it starts to go up and then it goes down and they lose 70% of their investment"

"maybe it's the next hot cryptocurrency they see some cool cryptocurrency options and then they find these like unheard of cryptocurrency trends that are happening in like this weird blog on the internet and then they start putting their money into this cryptocurrency and then they see it sore and they tell everybody else to buy it and that's when the cryptocurrency crashes and then they lose all of their money"

"core inflation has been stubbornly high increasing the risk that interest rates can go up higher and stay higher for longer"

"if that were to happen we could see a big movement of capital a big movement of money because we're talking about trillions of dollars that is sitting in money marker funds that could go into other asset classes that could be bonds that could be stocks that could be real estate well anytime money moves into other asset classes the value of that asset class goes up"

"this is where black rock is predicting that a big chunk of this money is going to go into bonds and so they're positioning themselves through their own types of short-term bonds that way they can capitalize on that move"