Are we falling for the biggest money traps of our generation? And what are the money habits that actually build millions? Raoul Pal, Jaspreet Singh, and Humphrey Yang reveal the truth about renting vs buying, escaping credit card debt, mastering passive income, and investing with $0!
This personal finance roundtable brings 3 leading finance experts to discuss building wealth and planning for your financial future. Jaspreet Singh is an entrepreneur and founder of Minority Mindset, Raoul Pal is a former hedge fund manager and CEO of Real Vision, and Humphrey Yang is a personal finance creator and former financial advisor at Merrill Lynch.
They discuss:
◼️Why saving money won’t make you rich, and what to do instead
◼️The single best skill to escape being broke in 2025
◼️ Why renting is smarter than buying (even if you can afford to buy)
◼️ The tiny money habit that quietly builds millions over time
◼️ Why most people under 45 won’t get a pension (and what to do instead)
◼️The truth about crypto, AI and why the financial system doesn’t want you prepared
00:00 Intro
00:02:10 How Do I Make More Money?
00:04:59 Pointless Jobs That Actually Made You the Most Money
00:06:39 How to Visualize Your Finances
00:07:30 Social Pressure Around Money
00:09:23 The Simple Money Tracking Hack
00:13:18 Best Form of Investing: Active or Passive?
00:18:20 More People Joining Crypto
00:20:54 Bitcoin Is Too Speculative
00:28:17 Stocks vs Crypto
00:33:47 How Would You Invest $1,000?
00:41:59 The S&P 500 vs the Nasdaq-100
00:44:00 Dollar Cost Averaging Explained
00:46:58 Removing Emotion from Financial Decisions
00:47:55 Should We Be Putting Everything into Crypto?
00:49:22 If Crypto Isn’t the Future, What Takes Its Place?
00:54:12 Ad Break
00:56:10 What to Do When You’re in Debt
00:59:29 Bankruptcy: When Should Someone Consider It?
01:02:00 Alternatives to Filing for Bankruptcy
01:03:41 The Myth of Passive Income
01:05:37 How Profitable Are Property Investments?
01:10:21 Should You Buy Rental Properties for Passive Income?
01:11:08 Why More People Are Renting in the U.S.
01:13:19 Is Property a Good Way to Build Wealth?
01:19:16 Is There Such a Thing as Good Debt?
01:20:16 Leveraging Your Current Assets
01:25:47 Pensions and 401(k) Retirement Plans
01:39:35 Ad Break
01:41:23 Framework for Making Money More Easily
01:47:39 Why Keeping Money in the Bank Makes You Poorer
01:51:45 What Do Rich People Know That Most Don’t?
01:54:27 How Relationships Impact Financial Success
01:59:30 Do Geographics Matter When Making Money?
02:02:16 Is the UK a Good Place to Build Wealth?
02:05:35 Closing Statements
Follow Jaspreet:
X:
‘Market Briefs’ newsletter::
YouTube:
Follow Raoul:
X:
Website here:
You can download Raoul Pal’s 5-Year Roadmap for free here:
You can purchase ‘The Everything Code’, here:
Follow Humphrey:
Youtube:
Instagram:
Website Humphreysguide.com
The Diary Of A CEO:
⬛Join DOAC circle here –
⬛Buy The Diary Of A CEO book here –
⬛The 1% Diary is back – limited time only:
⬛The Diary Of A CEO Conversation Cards (Second Edition):
⬛Get email updates –
⬛Follow Steven –
Sponsors:
Linkedin Jobs –
Bon Charge – with code DIARY for 25% off
Vivobarefoot – and get 20% off when you use STEVENB20
source
Do you like these types of convos? If so please hit the like button on the vid – that’s the best way to vote for more like this ❤ also, would be doing me a big favour if you could subscribe – its free 🙏🏾appreciate you! – SB
Jaspreet has valid points and its good to see poeple challenging Raoul about crypto, but it seems like he disagrees with Raoul about crypto or stocks that it is risky and how many years will people suffer before giving up on their investments, but then talks about properties that it is a nightmare etc. Same logic applies. People can give up up before they establish their processes. Am i the only one seeing it that way?
You can't leverage bitcoin though
What you should do is buy the smallest cheapest house and property you can and pay it off as quickly as you can big expensive houses are stupid and renting someone else's small house is stupid
Lurve so much inisghts!!!!
Can't stop listening to this song.
Jaspreet Singh flipped flopped between adding monthly and then short term draw downs vs long term draw downs. I am sorry but it was the most ridiculous conversation. Talked about adding to the market consistently since the 1970's then poo pooed Raul when he said DCA across assets/entities that return higher rates. I am shocked Raoul didn't get up and laugh in this guys face. This was straight up amateur hour.
Borrowing against your crypto? Friday 10 October ?
What are their portfolio ? Buying real estate brought me Freedom
This podcast is an infomertial
For active investing, the simplest thing you can do is apply a 100-day moving average. With Bitcoin amd ETFs and you can outperform the s&p 500 massively. Back test it if you don't believe me. It is simple simple simple simple and it works. Anytime the price moves below the 100 day moving average, you sell, and at any time it goes back above, you buy back in. You avoid the biggest part of the drawdowns can you make the majority of the profits.
I subscribe. I like. I share. Yeah…Im the perfect fan! Lol
Crypto Brit is so high on his own supply (regarding crypto investment), he’s in geosynchronous orbit.
Brilliant Jaspreet Singh
So many people complain about money but refuse to apply a skill or work OT.. they go J off, watch anime, buy Starbucks, get to work late, and wonder why they can't make it in life.
8:42 So you went over the % of Gen Z, Millennials, and Boomers who avoid checking their bank balance. Uh, aren't you forgetting someone?? And people wonder why GenX gives the world the finger. This happens to us all the time!
this was a great discussion
Someone check on Ash and the gf 😅
Bankruptcy is definitely an option but if he doesn't change his mindset with spending habits heay end up back on a same situation. You can also go with a debit management company to reduce amount owed and interest but your credit will.stll take a hit.
Let’s reset the system by not buying or selling real estate or paying mortgage as of July 1 2026!!!!
Yea this only relevant if they started from the dirt I can't say I know the background behind these 4 but I doubt they really know the grind from the mud
When the UK's economy grows at like 1 percent but the richest wealth grows at 5 percent. What do you think is going to happen??? Each year there is less wealth to be gained by everyone else. This will continue untill it all collapses. If you earn 1 million a month you are not spending that money back into society you literally can't buy that many drinks and cloths and meals. You end up buying assets taking more wealth out of the general person options. Oh and dodge all the tax you can do you don't even pay anything back to the society.
Then ask those same guys how we should make money. How about ask them how they fucking sleep at night knowing that they are hording resources they will never be able to use.
Do they realise most people don't buy there first house and love their entire life there and then give it to their children. Most people are going to start of buying a terrace house. Buy it cheap do work on it and then resell to buy a larger house. Repeat this while you work and you can work your way up the ladder.
So stupid "people spend more on netflix then on investments"
Yeah because there isn't much use in a £9 investment a month.
Cant listen to this Indian fella.
I am so happy to be mentally on Raoul Pal side😊
Isn't btc based on energy?
Always a pleasure to watch.
Types of Retirement –
Defined Benefits Plan (Social Security or other pension plans like CalPERS). Lifetime benefits vs
Defined Contribution Plan ( Individual Retirement Accounts like 401k, 457 etc). Benefits are based on your total contributions.
Reverse physiology Panic Buy not panic sell.
ULTY is the GOAT
My results were different using another approach — explained in my latest video.
Thank you!!! ❤
What they don't say about buying a house is you not only need 20% of the house value as a down payment. You also need good credit, and need to make enough money at your present job for a few years to qualify for the loan.
This so called crypto expert kinda looks like Simon Cowell on America's got talent.
This was wonderful and very helpful! I am learning so much about money on Your channel from You and Your guests. Thank You ALL!!! Also, Thank You for the VivoBarefoot discount! I've been eyeing those for years and finally bought a pair today.
Buffet said Bitcoin is something that someone else is waiting that the next one pay more for bitcoin and so on
No value
People like bitcoin because nobody track it so laundry money can use bitcoin easy and so on
Nobody can not track bitcoin
Awesome episode! Learned so much! And as many here commented, I also love the one-on-one interviews, but I love the panel more. It's more engaging and interesting hearing how each expert questions each other. More of these please😊