Jaspreet Singh

And so if you just run some basic numbers, if I invest $1,000 a month,

for 30 years, and my financial advisor can beat the markets, they do 11% a year, I'm going to end up with $1.8 million, but I got to pay a fee.

I got to pay a price.

You might have to pay 1.5% in fees, so you might end up paying $500,000 or $600,000 in fees.

So the $1.8 million is what you're getting after the fees.

Option number two, if you want to be a little bit more involved, but not fully involved, is what I call being a passive investor.

And passive investing is all about finding a basket of stocks, and now you just keep consistently investing your money in it.

So for example, you can invest in the United States economy.

in the broad economy.

And one of the most common and popular ways to do that is to invest in something called the S&P 500.

That's a group of the 500 largest companies in the stock market.

You don't have to go out and find Amazon and Tesla and all these companies.

You just invest in this fund.

And you don't have to touch it.

And the nice thing about it is if you invest your money into this fund and let's just say Amazon goes bankrupt, you don't have to do anything.

The fund is going to kick Amazon out as they get smaller and they're going to replace them with another company.

So it's completely passive for you.

Historically, this has averaged about 10% growth a year.

A little bit more than that, but right around 10% historically.

Despite the recessions, despite market crashes, because we know that they happen, it has averaged about 10% a year.