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In this video, I'm going to show you the investments that you need to own if you want to be able to quit your nineto-ive job and never have to worry about money again because now you'll be able to live off of your investments instead of having to live off of your salary. Now, just on the same page, when I'm talking about owning the right investments, I'm not talking about owning the home that you live in. I'm not talking about working with a financial adviser. I'm not talking about working with a 401k. I'm talking about owning different assets. That way you can make money to be able to live off your investments without having to wait until you're 65 years old. Because the mistake that a
lot of people make is they say, "Well, Jaspit, I own a house. I have a 401k. Aren't I good?" Well, you can just do the math. The United States is facing the biggest retirement crisis in the history of time. Why? Because so many Americans have been relying on their 401k thinking that it's going to be enough for them to retire. Unfortunately, the founder of the 401k has even said that the 401k has gone ary because so many people are using the 401k as their sole retirement option. And then people say, well, I also own my house free and clear. Isn't that enough? Well, the problem is your house doesn't actually feed you. It doesn't give you an income. Now, yeah, your house can go up in value, but for you to actually get
that value, you have to sell your house, which means you no longer have a house, or you have to do a cash out refinance. And if you do a cash out refinance, well, now you have to pay that money back plus interest. So, the house is not giving you an income and houses don't always go up in value. I mean, remember the 2008 crash, home prices fell hard. I'm not saying it's bad to own a house. What I'm saying is your house itself is not how you're going to become wealthy. If you want to become wealthy, you need an income to be able to eat, travel, do the nice things that you want without having to go to work to earn that money.
This is where investments come into play. Now again, your 401k is a great place to start, but your 401k is very limited on where you can invest. Your 401k is very limited on when you can access your money. There's just a lot of rules and restrictions on your 401k. And this is where you have to understand that you must now be able to identify what is the way for you to build your wealth yourself. Now, you can rely on a financial adviser, but the really good financial advisors oftent time need big amounts of money. You're not going to be able to start with $10,000 or even $100,000. the really good financial advisors now need multiple six figures for you to enter their doors to be able
to have them manage your money. So now the question is well how do you get there? How are you going to start managing your money yourself? How are you going to build that financial education? Because at the end of the day the way that you become wealthy is through your financial education not your formal education. You could be a doctor. You could be an attorney. You could be an accountant. But if you don't know what to do with your money, it doesn't matter how much money you make, you're not going to be able to keep that money or grow that money. That's why your investing education is so important. And in this video, I'm going to talk about what I'm doing. I'm just going to talk about from personal experience, not to tell you what to do
to copy me, but so you can learn to see the different ways that you can invest your money. Even if you're starting with your first $100, your first $1,000, your first $10,000. How do you start putting your money to work to build an investment system that can build you wealth? That way, one day you'll be able to live off your investments and not have to live off your salary. Now, in order for any of this to work, you have to be living below your means, meaning always having money to invest. But let me just break this down by starting with the five places that I invest my money, and then I'm going to go through this one by one. That way, you understand the way that it works. The first place where I invest my money is
into my own business because this is my income. Now, you don't need a business to do any of the things that I'm going to tell you. This is just the way that I did it because for me, this was my income stream and I had to invest money into creating my income. Now, my business today, Briefs Finance, no longer requires me to keep putting more money in. But that's how it started. I had to put money in year after year to get this business off the ground because we had to pay for employees. We had to pay for the office. We had to pay for softwares. We had to pay for all the tools that we had. But now we're at a stage where we are self-sufficient, where the business is making enough
money to pay for the rent, to pay for the employees, to pay for the software, and then put some money in my pocket. So, I take my salary out of the business and my income out of the business and invest it into these assets that I'm about to show you. So, I'm telling you this so you understand that my business is my largest asset. It didn't always used to be, but it is my largest asset today. And it is the income that now fuels the rest of my investments. So the first thing that you need is an income to be able to fund other investments. The second place where I invest my money is into physical real estate. Now this was the first place that I started investing my money and I started
investing in real estate in the year 2011. To put this in perspective, 2011 was when real estate prices were at rock bottom after the 2008 crash. I got very fortunate. I was in college at the time. I was running a party promotion company. So, I was making a little bit of money, but I kept hearing about how wealthy people owned real estate. I read Rich Dad, Poor Dad. I started reading other real estate books, and they kept talking about how rich people own real estate. I didn't know what that meant. Nobody in my family was a real estate investor. I didn't know what real estate investing was. I don't even know what an asset was, but I heard that wealthy people
invested in real estate. So, that was when I started looking into rental properties. The first property that I purchased was a 1,000q ft condo that I bought out of foreclosure. It had previously sold for $150,000 prior to the 2008 crash. Then the owners went through foreclosure. The banks couldn't sell the property. They kept cutting the price on the property and then they listed this condo on sale for $8,400. There wasn't a down payment. That was a total price of the condo. I know it's a crazy story, but that's what it was listed for. So, I come in as a 19-year-old kid with a little bit of money in the bank, and I said, "Okay, well, let me make an offer on this
property." So, I ended up buying the condo for $8,000. I put in about $4,000 worth of work, and then this condo started paying me about $600 a month in rental income. That was the first light bulb moment when I learned about the power of investing your money. Did not know that was possible. Did not know what cash flow was. And now, all of a sudden, I'm in business. Now, it wasn't all sunshine and rainbows. I made a lot of mistakes. That first tenant sued me while I was in college. Why? Because they said that the bathtub was too slippery when the water was on. True story. It was a painful, stupid process.
The insurance company settled and it became clear that the tenants actually didn't even slip and fall in the bathtub. They slipped and fell at a friend's barbecue because we had documentations of them saying that happened, but they were trying to just get some money from a quote unquote rich landlord. I didn't know how this process worked, but the tenants now did not actually make any money because the settlement didn't even pay for the attorney fees. But that was an interesting experience. So, that was when I started investing in real estate. And then I bought my second, my third, and on from there. But the idea with real estate investing and the reason why I like real estate investing and I like to talking about it is because there are
three benefits from real estate investing. Benefit number one is you own a hard asset. When you buy a piece of real estate, you have something that you can see, something that you can feel, something that you can touch. You have the bricks, you have the windows, something that you can control. You are in control of this property. Some people hate that idea, some people like it, but you are in control of it. The second benefit from investing in real estate is you get cash flow. Because now when you invest in these properties, you're buying it for rental income. And if you do it properly, the rental income that you're getting from the property should be able to pay for the property taxes.
It should be able to pay for the insurance. It should be able to pay for the maintenance of the property, the management fees, and the mortgage, and put some money in your pocket. That's how real estate investing works. I know there's a lot of people that teach this idea of it's okay to lose money every single month in real estate because you can sell it for a big profit in the future. Well, those were the same people that lost everything during the 2008 crash because people were buying real estate with zero money down. And now when they were buying real estate with zero money down, they had no skin in the game. They had no margin for when property values fell. They lost everything. Which is why I'm not a fan
of zero money down real estate. Zero money down real estate has made me extremely wealthy. And I don't say this to brag. I say this because those are the people that then banks were closing on and then selling those properties to somebody else who was more experienced. So you own this cash flow and then you get tax breaks. So when I realized this uh game of financial education and investing, I told my parents that I didn't want to be a doctor, which is what I thought I was going to do. And then they were not very happy. So I made a compromise and said, "Okay, I'll go to law school part-time." And in law school, I spent a lot of time studying the tax law. Today, I'm a licensed
attorney. I don't work as an attorney, but I spent a lot of time studying the tax law. What I can tell you is that real estate has some of the biggest and best tax breaks that a tax code has to offer. Because now what you can do with real estate is you get to file something called the depreciation deduction. And what the depreciation deduction is you get to tell the IRS, I made $10,000 of profit this year. Normally, I would pay taxes on this $10,000 of profit. But because my property is one year older, I'm only going to pay taxes on $5,000. That's what the depreciation deduction is, is it lowers your taxable income. Then if you can get yourself an even smarter accountant, they can do something called accelerated
depreciation. Now remember this depreciation deduction just lowered how much money you pay in taxes. If you can accelerate the depreciation, that means you pay even less money in taxes in the beginning. So now you get to tell the IRS, hey, I made $10,000 this year. Normally, I would pay you $10,000 in taxes, but because of this accelerated depreciation that my accountant showed me, I'm going to pay you taxes on $0, which means you made $10,000. That's what you have in the bank. You pay $0 in taxes while value on a property that's hopefully going up in value. That's the power of the tax breaks with real estate, which is why you have so many wealthy real estate investors that are
making money, in some instances millions of dollars, that are paying zero dollars in taxes, and it's 100% legal. And that's just scratching the surface with the tax breaks that you get with real estate. You've probably heard if you're watching this video about investing about the power of compound interest, the ability to grow your money over time to see your money grow. Albert Einstein calls compound interest the eighth wonder of the world. The people that understand it will become incredibly wealthy. Everybody else, well, they're the ones that are paying into it. So compound interest is this idea that your money gets to grow. But the thing that destroys compound interest is paying
fees. And one of the biggest fees with your investments can be taxes. Because if you start with $1,000 and then you grow it to $10,000 and you sell it, well, you can't invest all $10,000 again. You have to pay taxes on that money. So you turn a,000 into 10,000, but then you can only invest $7,000. Then you turn the $7,000 into $70,000, but then you can't invest all 70,000. You have to pay taxes, so you can only invest $45,000. So it slows down that compound interest significantly. But one thing that real estate allows you to do is take advantage of compound interest taxfree.
This is something called the 1031 exchange. Again, I'm telling you this as a licensed attorney who's not your attorney, but what the 1031 exchange says is let's say you buy a property for $200,000. You own it for 5 years. You're getting rental income every single year and you're getting this depreciation every single year, which means you're making money every year, but you're paying little to no money in taxes. Now, 5 years go by and I'm going to give you the hypothetical. This $200,000 property is now worth $500,000 because you bought it into an amazing area, booming area.
You bought it at the perfect time. If the property goes up to $500,000 and you sell it, you now have a $300,000 taxable gain. That's a lot of money you're going to have to pay in taxes. But with this 1031 exchange, what you can do is you can take all $500,000 and flip it into a new rental property and pay $0 in taxes today. So now you have a bigger rental property, $500,000 property that's paying you more rental income every single year. You get more of the depreciation deduction every single year, and you didn't have to pay a penny in taxes when you sold that property. This is why real estate is so powerful and why wealthy people love owning real estate is because of these tax breaks. Now, I get it. Starting in
real estate is very hard. It's very expensive and it takes the most work. But it is possible if that's something that you're interested in. But you have to commit to wanting to invest in real estate and wanting to find the right properties. Because if you say, "Well, nothing is available for under a million dollars in my area." Look somewhere else. You can buy great cash flowing properties in many areas, especially the Midwest, for under $200,000. Again, it takes more work. It takes more time. It's not for everybody, but this is one option for those of you that want to be involved with your investments. Now, if you do want to invest in real estate, I'd recommend go out and start reading
some real estate books. I don't care which ones you want to read. Go out and find the top five real estate books that you can find on Amazon. Read them. And now, start doing the research because it does take a lot of work. I'm just kind of scratching the surface of what's possible with real estate. Just understand that it's going to come with some of the biggest headache because now you have to operate those properties. And I'd recommend you get a property manager, but you still have to manage the property manager. Investment number three is stocks. And in the stock market, there are three general strategies of how you can invest your money. You can invest your money for growth. You can invest your money for
income or you can invest your money in I'm going to call it wealth preservation. I'm going to call it WP. Wealth preservation is this idea that I don't want to take on a lot of risk. This is generally the people that are either I don't like risk or I'm getting close to retirement or I'm in retirement. I still want to invest my money, take on some risk, but I don't want to see the huge volatility in the market. So that's wealth preservation. Now the way that I invest my money in the market is most of my investments are for income. That is the primary investment that I make. My real estate investments are for income. Most of my
stock market investment are for income. And then I have some investments for growth. That's the top layer of what is your goal. For me, my number one goal is income. Number two goal is growth. Then it's how do you invest your money? Because in the stock market, there are two ways that you can invest your money. You can be a passive investor or you can be an active investor. When I say passive investor, what that means in my eyes is you set up a system every week, every two weeks, or every month, and money gets automatically invested into a broad fund. So, I'll give you an example. There are funds out there that will give you exposure to something called the S&P 500. The S&P 500 is a
group of the 500 largest companies in the stock market. So, you don't have to go out and invest in all 500 companies individually. There are funds out there. I'll give you an example. SPY. Not telling you what to invest in, just an example. If you buy this ticker, SPY, this is going to give you exposure to the 500 largest companies in the stock market. Now, if one of these companies like McDonald's is part of the S&P 500, starts to do really bad. They serve bad hamburgers and now they're no longer one of the largest companies, you don't have to do anything. SPY will kick McDonald's out of the fund and replace it with
somebody else. The reason why this matters is sometimes the company that is the big dog today will not be that tomorrow. Sears used to be one of the largest companies in the world. Today they're bankrupt. So they used to be part of the S&P 500, but then the S&P 500 kicked them out when they started not doing so good. So that's the advantage of using something like a fund because now that work of managing it is no longer you. It's not active. It's passive because the fund is managing itself. And the way that you win in this sort of passive investing is what I call ABB.
Always be buying. You set up a system where every week or every two weeks or every month, money leaves your checkins account and it's automatically invested into your fund. Now, there are funds for cash flow. There are funds for growth. There are funds for a lot of different things. You just got to figure out what it is that you want to invest in. So, I do both. I have half of my stock market money going into my passive investments, the other half going into my active investments. Active investing is a little bit different. This is where now I look for a shift for me. I want to know where is the money shifting, where's the economy shifting. This is what my firm specializes in. I have a team of analysts where they are
researching where opportunities in the economy are changing and how that's going to create potential stock market investments. Because if we can identify that money is moving into an industry, well, that's something we want to invest in. Like for example, in 2026, everybody's talking about buying SpaceX. Should you buy SpaceX? Should you not buy SpaceX? We in my firm were talking about buying space stocks back in 2025 when President Trump signed an executive order allocating more money into space exploration, space research. So that was when he started buying space stocks. And then we saw a fortunately a very good gain in 2025 into 2026 after now all the news started picking up the hype around
space after SpaceX. So for us that is a shift understanding where money is moving based off of research not based off of news. Now anybody can do this. It just takes work. I have a free master class on how you can start researching investment opportunities and find where money is moving based off of what's happening in today's economy. If you want to watch that master class, it's free. When you sign up, you're also going to get access to market briefs, which is my newsletter for investors. I have that link for you down in the description below. The idea is here as an active investor, you're going to be investing in funds, individual companies, but it's based off of where you believe the economy is moving. If
you believe money is going into AI, that could be an opportunity. If you believe money is going into healthcare, that could be an opportunity. If you believe that because people are getting older in the United States, we're going to need more health care. That's going to create opportunities in the healthcare industry. Again, that is a shift. That is more active investing where you're more involved. You're looking at where opportunity is moving and you want to invest in that. This is more investing in broad funds. You're investing in the American economy. You're investing in the S&P 500. You're investing in a broad dividend fund. This is that. They both are great. This is less risk, less
potential return. more risk, more potential return. The idea being that if you can get better returns on your money, it can lead to more wealth. So, this is where now in the stock market, I have this going on. And I can understand how if you're watching this, you're feeling a little bit overwhelmed because well, desperately, you have the business, you have real estate, you have stocks. Remember, I did not start with all of these. I'm just telling you what I do today. I started with one, then I did two, then three, but I did one for years before I moved on to the second. So, I don't say this to make you feel overwhelmed. I want you to understand that this is something I've been doing
for 15 years. So, start with one, then move on to the next and move on to the next. The third place where I invest my money is into what I call speculative investments. Let me explain what that means. Because speculative investing was relatively newer. I focused on these three things first and I dominated these three things and then once I had built some significant wealth for myself here that's when I started looking into speculative investments these speculative investments for me are two things cryptocurrency and startups those are the two places that I consider speculative and I call them speculative because I don't know what is going to happen with these two things I've invested into many startups that have
gone bankrupt. I've gone into crypto, some have done really well, some which haven't. Now, I was fortunate and I started investing in crypto many years ago uh back before Bitcoin was $5,000 a coin. So, I have that time advantage, but for me, I still look at it as very speculative because I don't know what's going to happen with it tomorrow. It's a newer asset class. It's very volatile. So, for those reasons, I still call it speculative. Now, if you want me to put some percentages on this so you can kind of see how things play into one another. Real estate is approximately 50%, stocks are approximately 30%, the speculative investments are approximately 18%, which leaves 2% for gold. Now, all these
numbers are approximations. They vary day by day, but you can kind of get the idea here. When I buy gold, I don't look at gold as an investment. I look at it as a way to save hard money. Period. A lot of people look at gold as this is the way that I'm going to build a lot of wealth. I don't like to think of it like that because your gold doesn't actually produce any value. It just sits there and looks back at you. It sits in a drawer and doesn't do anything. If you buy a let's talk about a stock, you buy the Amazon stock. Well, the Amazon stock is working to produce a product that's working to produce a profit. If you buy real estate, that real estate is housing somebody. It's housing an office. It's
housing a business. It's housing something that's producing income for you. The gold is not doing anything. So, I look at gold as a way of saving hard money, as a way to protect yourself against inflation, doomsday. So, it's a type of insurance in my mind. My theory is if you took $10,000 worth of gold today and $10,000 worth of cash and you bury both of them in the backyard in 30 years, the gold is going to have more buying power than the cash. Could I be wrong? Absolutely. But that's why have a little bit of gold just as that doomsday insurance. Investing your money is hard. And on this channel, I teach how you can start investing your money yourself. But for some of you, working with a
financial adviser, somebody who is a professional, will be a better option because now it's more hands-off and you can work with a professional who will manage and invest your money for you. And that's why I partnered with my sponsor, Money Pickle. The reason why I like Money Pickle is because first they get to know you and what your needs are and then they match you with a vetted financial adviser who would be best suited for your needs and then they give you a free consultation call with the financial adviser. That way you can get a feel of the financial adviser and see if they're right for you or not. That way you don't have to go through a high pressure sales process with somebody who
might not even be a good fit for you. If you're interested in learning more and you have over $100,000 in assets, the process is pretty simple. All you have to do is complete a short form. I have that link for you down in the description. It takes a few minutes to complete and once you do that, Money Pickle will review your answers and then pair you with a vetted financial adviser who they believe is best suited for you. It's a completely free process. That initial consultation again is free. And then if you decide to move forward, then you can negotiate and discuss what your rates and terms look like with that financial adviser directly. So if you
want help managing your money and you want to work with a vetted financial adviser, my sponsor, Money Pickle, can help get you paired up with a financial adviser at no additional cost. So if you want to learn more, I have that link for you down in the description. My wealth is built here through these assets. Now, I like business. I'm an entrepreneur. I love working with entrepreneurs. That's why for me, this is an asset of mine that I have invested my money into. I've been very fortunate after a lot of failures, after a lot of money losses, after lawsuits, learning that building a business is not easy. But I've been able to see some success where now the business is funding itself. And now this is my
income that I use to fund these things. Your income could be your job. Your income could be your business. Doesn't matter your income is, but you need an income stream. Now, that income stream needs to be able to also fund assets. These assets must be there to make you money even when you're not working. The nice thing here is now these assets can produce an income when I'm not working. And that gives me something to fall back on. So, if things were to go wrong, I have assets that can continue paying me to continue paying my bills even if I stop going to work. That's the way that investing actually works. That's the way the wealthy people think is they want to own the investments that will continue
to pay them even when they stop working because now your assets can outlive you and you can live off of those assets and then your family can live off of those assets as well. That's the way that wealthy people think and I hope out of this video you understand now different ways that you can invest your money because a lot of people talk about diversification as being I'm going to diversify money with six different mutual funds in the stock market. I have a blue chip fund. I have a growth fund. I have an international fund, a dividend fund, whatever you have, but it's all one asset class. It's all paper stocks. But if the stock market crashes, most industries in the stock market go
down. But now you can start to benefit from different asset cycles because every asset has different asset cycles. We know that stocks go up and down. The stock market has booms and busts. I'm sure you've seen it a lot over the last 5 years. The real estate market also has asset cycles where the real estate market goes up and down. Sometimes it's different than the stock market cycle. During the 2008 crash, real estate prices went down in 2008. They went down in 2009. They went down in 2010. They went down in 2011. And then they bottomed in 2012. That was when they started going up in the stock market.
The stock market fell in 2008. And then by 2009 had already bottomed out. And now we're talking about going up. By 2012, the stock market was breaking brand new record highs. While the real estate market was hitting its rock bottom in 2012, go to the 2020 market crash and pandemic, the stock market was crashing in 2020 while real estate prices kept going up. In 2022, the stock market fell by 20%. The real estate market was going up. So, different assets have different cycles. Gold has its own cycles. You see different cycles in the startup world. You'll see different cycles in crypto. Every asset class has its own cycles. And now when you have real diversification across different assets, this allows you to build wealth and
manage that wealth through different phases of the economic cycle because the economic cycle has a real estate cycle, a stock market cycle, a gold cycle, a crypto cycle, a speculative cycle, and all these things might not be the same. If you got value out of this video, the best thank you is a referral. So if you could please share this video with a friend, family member, colleague or fellow investor. that way we can continue to spread this type of financial education. Thank you. In this video, I'm going to show you how to build so much wealth that you never have to worry about paying your bills. You never have to worry about paying your mortgage and you never have to stress about affording a vacation again. And
no, you don't need rich parents. You don't need to win the lottery. You don't need a fancy degree. And you don't even need to start a business. What's the catch, Jasp? It will take hard work. It will take serious sacrif.
