Jaspreet Singh

If you just make money and you make everybody else around you rich before you make yourself rich.

If you just make money and you make everybody else around you rich before you make yourself rich.

And you know what? Here's the thing. It might not be all your fault. Okay, now what? Now what? You were. Now the question is, are you going to take that responsibility today going forward or not? And you have to take that drastic responsibility. You have to take that drastic mindset shift. And that's what you have to do. And it's difficult. Who wants to blame themselves?

And you know what? Here's the thing. It might not be all your fault. Okay, now what? Now what? You were. Now the question is, are you going to take that responsibility today going forward or not? And you have to take that drastic responsibility. You have to take that drastic mindset shift. And that's what you have to do. And it's difficult. Who wants to blame themselves?

But if you want to change where you are, They're not going to do it. Your banker is not going to say, hey, Steven, you know, you can't afford this car. Don't take this debt. Don't take this house. Because if they can sign you up, they're going to want to get paid. They're in the business of making money. Not for you, but for them.

But if you want to change where you are, They're not going to do it. Your banker is not going to say, hey, Steven, you know, you can't afford this car. Don't take this debt. Don't take this house. Because if they can sign you up, they're going to want to get paid. They're in the business of making money. Not for you, but for them.

Gucci is not going to say, maybe you should buy some stocks instead of this purse. Because they're going to want you to buy their stuff. The government is not going to say, hey, why don't you take a look at our balance sheet? I'm going to take this little tangent. The government says student loans are a problem. We've all heard that.

Gucci is not going to say, maybe you should buy some stocks instead of this purse. Because they're going to want you to buy their stuff. The government is not going to say, hey, why don't you take a look at our balance sheet? I'm going to take this little tangent. The government says student loans are a problem. We've all heard that.

Millennials can't buy houses, they can't buy their home, they can't invest because they have student loans. The government says student loans are a problem. Really? Let's take a look at the United States balance sheet. Your balance sheet is your asset and liability statement. The number one largest asset on the United States government balance sheet Our student loans.

Millennials can't buy houses, they can't buy their home, they can't invest because they have student loans. The government says student loans are a problem. Really? Let's take a look at the United States balance sheet. Your balance sheet is your asset and liability statement. The number one largest asset on the United States government balance sheet Our student loans.

So here we keep saying, oh, student loans are bad. We keep hearing this from the government. But on the other hand, the government is so rich because of the student loans. Because so many people are stuck in these student loans. And guess what? You pay the highest tax rates when you are just an employee. I'm an attorney.

So here we keep saying, oh, student loans are bad. We keep hearing this from the government. But on the other hand, the government is so rich because of the student loans. Because so many people are stuck in these student loans. And guess what? You pay the highest tax rates when you are just an employee. I'm an attorney.

I'm not your attorney, but I am a licensed attorney and I spend a lot of time studying the tax law. Und was ich dir sagen kann, ist, dass die Tax-Law dich gewinnt, wenn du ein Investor bist. Im Jahr 2024 wird der CEO von Coca-Cola, James Quincy, etwa 8 Millionen Dollar in Geldkompensation verdienen. Er wird auch Geld bekommen, aber etwa 8 Millionen Dollar in Geldkompensation.

I'm not your attorney, but I am a licensed attorney and I spend a lot of time studying the tax law. Und was ich dir sagen kann, ist, dass die Tax-Law dich gewinnt, wenn du ein Investor bist. Im Jahr 2024 wird der CEO von Coca-Cola, James Quincy, etwa 8 Millionen Dollar in Geldkompensation verdienen. Er wird auch Geld bekommen, aber etwa 8 Millionen Dollar in Geldkompensation.

Sein Top-Tax-Rate auf diese 8 Millionen Dollar wird 37 Prozent sein, auf die föderalen Taxen in den USA. Warren Buffett wird über 700 Millionen Dollar von Coca-Cola-Dividenden in 2024 verdienen. Sein Top-Tax-Rate wird 20% sein. Er verdient viel mehr als der CEO, aber er wird weniger in Taxen auf einem Prozentlevel bezahlen, weil er das Geld als Investor gemacht hat.

Sein Top-Tax-Rate auf diese 8 Millionen Dollar wird 37 Prozent sein, auf die föderalen Taxen in den USA. Warren Buffett wird über 700 Millionen Dollar von Coca-Cola-Dividenden in 2024 verdienen. Sein Top-Tax-Rate wird 20% sein. Er verdient viel mehr als der CEO, aber er wird weniger in Taxen auf einem Prozentlevel bezahlen, weil er das Geld als Investor gemacht hat.

Elon Musk is interesting because he's a risk taker. And he chose to get paid not in salary. And if we look at the tax benefit from this, it's because you were taxed Not on your income. That's not what the tax code says. You are taxed based on your taxable income. So now every smart accountant is going to focus on reducing your taxable income.

Elon Musk is interesting because he's a risk taker. And he chose to get paid not in salary. And if we look at the tax benefit from this, it's because you were taxed Not on your income. That's not what the tax code says. You are taxed based on your taxable income. So now every smart accountant is going to focus on reducing your taxable income.

And so what Elon Musk did is when he was building Tesla, he negotiated with the investors and the board that I want to get paid, not with a salary, I want to get paid with stock options. A stock option gives you the right to buy that stock. And he was awarded these Tesla stock options at about $6 a share.

And so what Elon Musk did is when he was building Tesla, he negotiated with the investors and the board that I want to get paid, not with a salary, I want to get paid with stock options. A stock option gives you the right to buy that stock. And he was awarded these Tesla stock options at about $6 a share.