Jaspreet Singh

And in our culture, for some reason, I think we've gone into risk off.

God, we don't even want the risk of asking somebody a question at a bar, more or less starting a business.

And that's a problem.

I mean, the SBA has fascinating data

Do you know there are more small businesses that close each year than open in the US?

More closed than open.

And so we have people taking way less risk than we think.

And that means you'll never make as much money.

Isn't that crazy?

If you have only a little bit of cash, the best returning asset class of all time is going to be you.

Put the money into you, learning first before you go to invest.

A lot of people these days will say, hey, it's Airbnb.

Hey, it's buying small businesses.

Hey, it's real estate.

The highest performing asset class that you could ever have is you because you have unlimited upside and it compounds over time.

And so if you don't have a lot of cash right now, bet on you first before you go bet on somebody in the S&P.

Now, after that next amount, I believe, because I'm old school, I started at Vanguard, I believe, if you're reasonable, you'll probably agree with me, do we think that we're going to beat the best stock pickers in the world who obsess on this every single day?

Are we going to beat the titans of industry with their technology?

No.

So that's why I always go for low-cost products.