The Minority Mindset Show

How To ACTUALLY Earn Passive Income So You Never Have To Work Again


Listen Later

“A lot of people selling you passive income ideas are straight-up lying to you, and it’s probably a scam.”

In this episode, Jaspreet breaks down what real passive income is—and how you can build it for yourself. If you’ve been misled by quick-fix schemes, this conversation will set the record straight.

Key Takeaways:

Start with Active Income:

Passive income doesn’t magically appear. You need to first build active income from a job or business that you can invest.

  • Stocks and Dividends:

    Learn how to invest in dividend-paying stocks and funds that can pay you every quarter just for owning shares. But don’t get tricked into chasing high dividends—focus on quality companies.

  • Reinvest Dividends:

    The real power of passive income from stocks comes from reinvesting dividends, letting your cash flow compound for bigger returns over time.

  • Real Estate for Cash Flow:

    Buying rental properties can provide steady monthly income. Jaspreet shares his approach to finding good deals and making sure the numbers work for long-term profit.

  • Be Ready for the Long Game:

    Whether it’s stocks or real estate, passive income requires patience. The first few years won’t change your life, but if you stick with it, you’ll see major returns in the long run.

    This episode is packed with tips you won’t want to miss, including ways to fast-track your passive income journey and avoid common traps. Tune in now!

    Want more financial news? Join Market Briefs, my free daily financial newsletter: https://www.briefs.co/market

    Below are my recommended tools!

    Please note: Yes, these are our sponsors & advertisers. However, these are companies that I trust and use (or have used). The compensation doesn't affect my recommendations or advice. That being said, you should always do your own research & never blindly listen to a random guy on YouTube (or a podcast).

    ----------

    ➤ Invest In Stocks Passively

    1) M1 Finance - Buy stocks & ETFs automatically:

    https://theminoritymindset.com/m1

    ----------

    ➤ Life Insurance

    2) Policygenius - Get a free life insurance quote:

    https://theminoritymindset.com/policygenius

    ----------

    ➤ Real Estate Investing Online

    3) Fundrise - Invest in real estate with as little as $10!

    https://theminoritymindset.com/fundrise

    ----------

    ...more
    View all episodesView all episodes
    Download on the App Store

    The Minority Mindset ShowBy minoritymindset

    • 5
    • 5
    • 5
    • 5
    • 5

    5

    169 ratings


    More shows like The Minority Mindset Show

    View all
    The School of Greatness by Lewis Howes

    The School of Greatness

    21,247 Listeners

    Afford Anything by Paula Pant | Cumulus Podcast Network

    Afford Anything

    3,515 Listeners

    The Martell Method w/ Dan Martell by Dan Martell

    The Martell Method w/ Dan Martell

    360 Listeners

    Tom Bilyeu's Impact Theory by Impact Theory

    Tom Bilyeu's Impact Theory

    4,706 Listeners

    The Diary Of A CEO with Steven Bartlett by DOAC

    The Diary Of A CEO with Steven Bartlett

    6,911 Listeners

    Millionaires Unveiled by Jace Mattinson, CPA

    Millionaires Unveiled

    902 Listeners

    BiggerPockets Money Podcast by BiggerPockets

    BiggerPockets Money Podcast

    3,048 Listeners

    DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing by Quint Tatro & Daniel Czulno, CFP® a passionate look at everything money from budgeting, savings, investing, stocks, bonds, debt. For those that enjoy Dave Ramsey, Jill On Money, Smart Money, BiggerPockets it’s worth a listen!, Bleav

    DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing

    886 Listeners

    Real Estate Rookie by BiggerPockets

    Real Estate Rookie

    1,829 Listeners

    The Table with Anthony ONeal by The Neatness Network

    The Table with Anthony ONeal

    2,005 Listeners

    Money For Couples with Ramit Sethi by Ramit Sethi

    Money For Couples with Ramit Sethi

    3,333 Listeners

    Catching Up to FI by Bill Yount & Jackie Cummings Koski

    Catching Up to FI

    321 Listeners

    Rich Habits Podcast by Austin Hankwitz and Robert Croak

    Rich Habits Podcast

    400 Listeners

    The BetterLife Podcast by Brandon Turner and Cam Cathcart

    The BetterLife Podcast

    836 Listeners

    BigDeal by Codie Sanchez

    BigDeal

    722 Listeners