Jaspreet Singh

They're betting on these wild decisions off of, you remember that one, there was a big couple that got caught cheating at the Coldplay concert.

I forgot who it was.

There was a betting market around, are they going to file a divorce or not?

So people are quote unquote, investing their money on that type of thing.

So people are now

making businesses out of all sorts of prediction markets.

And so we start to assume without any financial education that investing is the same thing.

We're just going to predict what's going to happen in something tomorrow.

But that's really not what investing is.

Investing is something that you want to buy and own for the long term.

that you believe is going to either go up in value and maybe pay you with some sort of interest along the way.

Maybe it's going to deposit money every month.

Maybe it's going to deposit money every three months.

Maybe it's going to deposit money every year into your bank account for not doing anything.

That's what investing is.

So now how do you go about doing it?

And there are three layers that you need to understand.

Number one is the most hands-off.

And that is, I'm going to give my money to you, a financial advisor, and you are going to manage my money for me.

And now it's completely hands off.