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The Great Transfer of Wealth – [6 Trillion Dollars JUST VANISHED]





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Over 6 trillion dollars of value vanished in the stock market essentially overnight, this creates a massive opportunity for people who want to capitalize on this great transfer of wealth.
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The 2020 Great Transfer of Wealth – [6 Trillion Dollars of Wealth JUST VANISHED]
0:20 – How to measure someone’s net worth by valuing their assets
1:03 – What it means to own stock
1:29 – How 11 trillion dollars worth of value vanished
2:10 – Stocks are a paper assets & how paper assets work with the laundry example
3:48 – What happens when value is lost and why we’re going through a great transfer of wealth and how this creates a new wave of opportunity
4:30 – Why financial education is so important so you can capitalize on opportunities
5:10 – A historical analysis on previous transfers of wealth
6:00 – How people got rich during the 2000 dot com crash
7:05 – How people got rich during the 2008 real estate crash
7:55 – How euphoria boosted the stock market prior to this 2020 crisis
9:15 – How the media helps create euphoria in the stock market
11:04 – The current state of business
11:57 – The government won’t let businesses fail

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Video host: Jaspreet Singh

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DISCLAIMER CONT’D: I’m just a random guy on YouTube so do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet’s opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.

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31 comments

  1. Thank you for watching! If you enjoyed this video, you should watch – How To Find A Good Company To Invest In: https://youtu.be/Vhvowhb2x2M

    Reply
  2. Sad thing is that the average person only knows about the stock market and real estate as an investment. If more people were aware of alternative formsof investments, they would have superior returns and would not ha e suffered losses during the past month or so.

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  3. You are my fav

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  4. Jaspreet knows trumputin is a lying conman dumba@#!

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  5. 1 person with 1 million dollars is more stronger than 1 million people with 1 dollar.

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  6. yes it did, taken directly from we the people and pocketed by donald and his swamp gang.

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  7. Love your channel.

    Are you in metro detroit? There is a huge sikh and indian population there in Troy, MI

    Reply
  8. You channel is absolute garbage. Shut the fuck up

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  9. Awesome.

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  10. Really miss the background music

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  11. So what is the opportunity for a common man?

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  12. The Debt Relief space is going to explode even greater then 2008 era & beyond!!

    Reply
  13. i see your beautiful face on youtube, how you doing?

    Reply
  14. Absolutely no doubt : MEDICAL👺😡TERRORISM 👹☠️🤑☠️🦂 To destroy the Economies of CHINA🇨🇳 IRAN🇮🇷 n ITALY🇮🇹 🔥💣💥 💵🚽🧻 💷🚽🧻 💰🚽🧻 Hang the Culprits 🦂🆘

    Reply
  15. Absolutely no doubt : MEDICAL👺😡TERRORISM 👹☠️🤑☠️🦂 To destroy the Economies of CHINA🇨🇳 IRAN🇮🇷 n ITALY🇮🇹 🔥💣💥 💵🚽🧻 💷🚽🧻 💰🚽🧻 Hang the Culprits 🦂🆘

    Reply
  16. Jaspreet, how do you make money when hyperinflation hits?

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  17. Who else vanished after watching this video?

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  18. “Alright sir we just put it your acc- And it’s gone”

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  19. Thank you Jas, and minority mindset for the education you give us. Wow! May God bless you and protect you. Keep spreading your financial literacy message.

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  20. I feel ya on some of the very generalized statements you've made, but this is an artificial disruption more than the likely inevitable market correction. Granted, market cap/GDP was overvalued by 30-40% relative to historical trends, so a correction was definitely warranted, but balance sheets weren't as toxic as they were in 2008… This is a JustInTime everything financially tactically relative and a forced income, and as a function, consumption constraint levied by public safety policy.
    That being said, I definitely agree that every household in the US should be more financially literate so we can leverage and better capitalize during downturns. Some retooling of tax and fiscal policy could incentivize some form of rainy day or savings funds, for businesses and households, so as to promote free cash outflows during economic downturns. Idk if this is even possible anymore, and maybe the calculus doesn't hold up bc of potential reduction in consumption hampering growth cycles(and maybe I'm just talking outta my ass lol), but prepared household and businesses with retained earnings in excess of 6 – 12 months expenses are brushing off this contrived(I don't mean that in a dismissive tone, it did preempt a much needed correction though hence the verbiage) economic distress.

    Reply
  21. Hilarious, probably a couple hundred dollars in his wallet.

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  22. The money didn't vanish really, all that happened was a transfer of ownership from those with weak hands to those with strong hands. It happens in every crash.

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  23. Luv your content. My kind of ppl

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  24. Yes but think of all the happiness it'll buy! And how can you put a price tag on happiness?

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  25. Your a good man buddy. Like your video's. Keep it up. 👍

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  26. It was accidentally sent to me with my tax refund, let me know if you guys want some. I only have plans for a couple T.

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  27. Are you saying to become a part of the problem and join the scheme of the stock market.

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  28. Well – if y'all hang tight – the DOW, as an example, was 6400 in the lows of 2009 – and rose up to almost 30,000 just a couple months ago. Hang out, although it will take a while, if you have the time, we will blow through that high. When it crashes in about 2029, 2030 – you'll know and will be ready.

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  29. So – I guess if Im still alive in 9 years – I know it's time to sell all my stock. 2029 – I'll be ready FOR YOU!

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  30. How do you all feel about the VIX index stabilizing at $45, but the market rallying upwards for the past few market days? I'm trying to gauge how the market is pricing in these values, but based on the news it seems nonsensical, so is the market looking BEYOND the virus now?

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  31. I never comment on your videos but 2:22 had me laughing haha

    Reply

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