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

"The trillions currently in Money Market funds are quote ready when people feel their rates have peaked to flood the fixed income market and we need to position ourselves to capture that"

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

"there's still some Salient risks in the immediate view"

"we could still see higher interest rates then to couple that Jamie Diamond talks about the effect of all this quantitative tightening that we haven't seen this rapidly ever"

"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"

"The first time I ever invested in my own let's call it non-traditional education was actually I was in college at the time or finishing college I bought a class or program on wholesaling real estate and this was after I got my real estate salesperson's license I went to this seminar about quote unquote real estate investing now I don't consider wholesaling real estate real estate investing it's a type of real estate flipping where instead of actually buying a property you're entering into contract to buy a property and then you're going to flip the contract but I learned about this real estate wholesaling during the seminar I thought it was really interesting and then at the end of the seminar the person who was teaching was pitching a $3,500 program to learn how to wholesale"

"I invested that $3,500 into the program and one month into into it I made no money no sales 2 months into it I made no money no sales 3 months into it I made no money no sales four months into it I made no money no sales it wasn't until the fifth month that I actually closed my first deal and that first deal was $10,000 my commission from the wholesaling that I learned"

"little changes that we could do right now could change our Revenue monthly by 80%"

"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"

"The United States economy continues to be resilient consumer balance sheets remain healthy and consumers are spending albeit a little bit more slowly labor markets have softened somewhat but the job market remains strong that being said there's still some Salient risks in the immediate view many of which I have written about in the past year"

"what we've been seeing happen recently is that savings balances have been falling because people are digging into their savings to fund their regular expenses and in addition to that credit card balances have been rising because again people are using the credit card to fund their daily expenses"

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

"we haven't seen the full effect of this quantitative tightening we haven't seen the full effect of the higher interest rates"

"well the national debt here in the United States just P $32 trillion there's a cost to this and the cost is well the government has to pay this money back plus interest"

"well the difference between now and a couple of years ago is that a couple of years ago interest rates were so low and so now when the government has to pay this money back because yes the government has to pay that money back plus interest now the government's payments are rising they're Rising not just because the debt levels are rising but because interest rates also adjust"

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

"the new market regime has unlocked investment opportunities in fixed income and credit not seen in a decade"

"now in today's economy if you're sitting on cash there are ways for you to get four to 5% in interest on your cash whether it's a high interest savings account or whether it's a money market fund"

"Black Rock is saying that we could be reaching a peak in higher interest rates in the future because inflation has been falling"

"once the interest rate Peaks or when investors are confident that the rate has peaked or is close to peaking then they might start looking for Alternatives and right now we have more money than ever sitting in Money Market funds trillions and trillions of dollars"

"that could be a lot of money that comes out so there's three things that black rock talks about that they are doing number one is that they're optimizing liquidity meaning they want to have easy access to their money"

"the second thing is rethinking core allocations that means one of the things that they're looking for is the lowest risk or potentially risk-free what they call risk-free investment options"

"and the third thing is considering non-benchmark exposures as diversifiers that means for them diversifying their money across different sectors and different assets"

"this is where black rock is saying that money market funds have grown significantly they are not FDC insured but they believe that some of this money is going to start leaving money market funds once the FED stops raising interest rates"

"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"

"if something is not going to die but its valuation is falling that creates opportunity"

"like in the 2020 pandemic when stocks crashed that was a huge opportunity in the 2008 crash when real estate prices crashed that was a huge opportunity and the 2000.com bubble burst that was a huge opportunity to go out and buy some internet companies like Amazon which had fallen by more than 90%"