The School of Greatness The Biggest Lies You've Been Told About Money, Debt & Building Wealth w/ Jaspreet Singh (Minority Mindset) EP 1257
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Apr 22, 2022 
Jaspreet Singh, known as the Minority Mindset, is an attorney, investor, and CEO of Market Briefs and Market Insider. He discusses the misconceptions about money and the importance of financial education, emphasizing how traditional schooling often falls short. Singh shares his personal journey through the 2008 financial crisis, leading him to real estate investing. He outlines effective strategies for debt management and advocates for questioning the status quo to achieve financial freedom. Expect a lively conversation about wealth-building tactics and empowering financial choices!
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Early Real Estate Investment
- Jaspreet Singh started an event planning business in college and invested in real estate at 19.
- His first condo, bought for $8,000 after the 2008 crash, generated $600 monthly rent.
Tax Avoidance vs. Evasion
- Understand tax avoidance vs. evasion; the former is legal, the latter is illegal.
- Learn the IRS code or hire experts to minimize taxes legally.
Elon Musk's Tax Strategy
- Elon Musk avoids taxes by taking loans against his stock options instead of selling them.
- This allows him to access cash without triggering income tax.