Jaspreet Singh

In 50 years from now, it's going to be bigger than it is today.

As an investor, you just want to own a piece of the economy.

Losing is a part of the process.

But I think then just because their risk doesn't make it a gamble because driving here was a risk.

It's a gamble, especially on a rainy day in Los Angeles.

Let's look it up.

Well, then in that case, me going to work is a gamble.

But I think this is where now there is an important part to remember people

the importance of investing.

Because if you don't invest, that's also a gamble.

And I would say that's an even bigger gamble.

It is an even bigger gamble.

Because right now, if I go to the bank, I think I'm earning 1% interest.

Well, the reality is you're the one that's paying the bank's interest, which might sound weird when you say, well, Jaspreet, no, I put $100 in there, they paid me $1.

No, if inflation is 3%,

The bank paid you a dollar, they took the $100 and they lent it out to somebody else and charged them 5%, 6%, 18% if it was a credit card, and they paid you a dollar and the $101 you have today after interest buys you less stuff.

So now when we think about that, if everything that you do with the money is a gamble, sure, if you want to call that all a gamble, you can, but as an investor,

you will lose money at some point.

But if you build a proper portfolio, stocks, real estate, maybe some speculative crypto startups, whatever, you own a little bit of gold, now you have increased your odds to actually win.

You're never guaranteed to win.