
← The Minority Mindset Show3 sep · 33 min
If You Have $10,000, Do These 3 Things Right Now
"Panic leads to overselling, leads to opportunity, leads to profits."
This episode answers a question Jaspreet Singh was asked in New York: what should someone do with $10,000? He breaks down three ways to invest it, passively, actively, or into yourself, and explains why the right approach depends on whether the goal is steady income or long term growth.
Jaspreet walks through the historical returns of investing a lump sum in the stock market, his ABB (Always Be Buying) dollar cost averaging strategy, and how to spot buying opportunities during market crashes and market shifts. He also covers starting a business as an active investment and investing in skills, certificates, and networking as ways to grow income outside the market.
In this episode, you'll learn:
How a one-time $10,000 investment in the S&P 500 would have grown over 10, 30, and 50 years
Why a market crash only costs you money if you sell, using the 2020 and 2022 downturns as examples
The ABB (Always Be Buying) dollar cost averaging strategy versus investing a lump sum all at once
The POP framework, panic, overselling, opportunity, profits, for buying during market downturns
How to get exposure to real estate with $10,000 through alternative platforms and syndicate deals
The math behind growing a small business by 20% a year over one, five, and twenty years
Building an MBA level education by reading 25 books instead of paying for a degree
High income skills, certificates, and networking as ways to grow your income outside the market