Jaspreet Singh

And on it are all of these different colors.

And what do all the colors represent that have no pattern to it?

Every single year looks different.

They represent every asset class you could invest in, from bonds to stocks to Chilean stocks to short-term money markets.

And what you see over time is in every single market, everything moves.

And so what you want to have is a portfolio that over time averages somewhere around 10%.

That's the average cost of inflation.

How your money, really, if you don't invest it, every single year that you don't invest, you lose money.

Say you took a $100 bill right here and I had it right in front of me.

And I looked at that bill since the beginning of the Federal Reserve, which is the government institute that mandates or manages all of our currency in the US.

So if I go all the way back to the 70s,

and I look at it today, what do I see?

I see that that $100 bill, if I just held it from then to now, is worth about 25 bucks.

It's not worth 100 anymore.

Why?

Because of inflation.

And so if we don't invest our money and we stick it under our mattress, then sadly the government eats away at it every single year, both sides, politically agnostic.

And so we got to make sure that we put our money somewhere.

That's why the stock market over time is usually what most people do.

Okay, so stocks and bonds, 101.