This Is Your LAST CHANCE To Get Rich In Upcoming RECESSION! | Jaspreet Singh (Fan Fav)

Tom Bilyeu's Impact Theory

Impact Theory

Business, News Commentary, News

4.7 • 5.2K Ratings

🗓️ 26 December 2025

⏱️ 126 minutes

🔗️ Recording | iTunes | RSS

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Summary

On Today's Episode: You are not alone if the recession has you nervous about what to expect. People have real concerns about whether or not they’ll be able to afford groceries, gas, and even rent! For sure you’ve heard that millionaires are made in recessions, but how? Jaspreet Singh is joining Tom for a second time to get you up to speed on what it takes to get wealthy during any recession. Jaspreet is the Minority Mindset guru and Chief Money Nerd at Minority Mindset Companies. He’s been creating financial education videos on YouTube for years and is breaking down all the reason you don’t have to be scared during a recession It’s all about assets and equity. The trick is that you have to know what assets to buy and how to chill long enough to allow equity to grow its way to wealth. Recessions create buying opportunities for people with capital or money that know what to buy to come out on top. Jaspreet is a voice of reason to remember that recessions are only bad or good in relation to which side of the equation you are on. This is a must watch if you’re trying to find the best route through a recession that has most people nervous and panicked. SHOW NOTES: 0:00 | Introduction to Jaspreet Singh 0:14 | Recession Opportunities That Build Wealth 23:15 | Smart Ways to Invest In Any Market 39:11 | The Mindset Trap Killing Your Wealth 48:52 | Only 3 Reasons to Save Money 1:00:49 | Building Wealth Feels Boring AF 1:17:02 | Equity Is the Name of the Game 1:28:32 | Investing Against Debt 1:43:23 | When to Use Tax Advisor 1:57:10 | 8 Financial Concepts Tom Learned Are You Ready for EXTRA Impact? If you’re ready to find true fulfillment, strengthen your focus, and ignite your true potential, the Impact Theory subscription was created just for you. Want to transform your health, sharpen your mindset, improve your relationship, or conquer the business world? This is your epicenter of greatness. This is not for the faint of heart. This is for those who dare to learn obsessively, every day, day after day. Subscription Benefits: Unlock the gates to a treasure trove of wisdom from inspiring guests like Andrew Huberman, Mel Robbins, Hal Elrod, Matthew McConaughey, and many, many, moreNew episodes delivered ad-freeExclusive access to Tom’s AMAs, keynote speeches, and suggestions from his personal reading listYou’ll also get access to an 5 additional podcasts with hundreds of archived Impact Theory episodes, meticulously curated into themed playlists covering health, mindset, business, relationships, and more:⁠Legendary Mindset⁠: Mindset & Self-Improvement⁠Money Mindset⁠: Business & Finance⁠Relationship Theory:⁠ Relationships⁠Health Theory⁠: Mental & Physical Health⁠Power Ups:⁠ Weekly Doses of Short Motivational Quotes Subscribe on Apple Podcasts: ⁠https://apple.co/3PCvJaz⁠ Subscribe on all other platforms (Google Podcasts, Spotify, Castro, Downcast, Overcast, Pocket Casts, Podcast Addict, Podcast Republic, Podkicker, and more) : ⁠https://impacttheorynetwork.supercast.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Jasprey Singh, there are more millionaires made in a recession than any other time.
0:06.0	But my question is, how and what can the average person do to take advantage of that moment,
0:12.0	or since I know the punchline, really any moment.
0:14.0	And guys, make sure that you stay till the end because I'm going to give you the eight things that I have learned
0:20.0	from amazing answers from
0:21.3	Just Breit like you're about to hear. So let me start with the simple answer and then we'll
0:25.2	kind of break it down into more complex answer. Recessions create more millionaires than any other
0:30.5	time like you said because when you have a recession, a market crash, people get scared
0:35.4	and then they sell their assets. What's an asset? stocks, real estate, crypto, gold, it can be any type of investment
0:43.3	depending on what the crash is, what the recession is about.
0:47.3	And that then creates a buying opportunity for somebody who has access to cash or capital,
0:53.3	and somebody who is financially educated.
0:57.0	So if you have the cash, you're prepared, and you have the education of knowing what to buy,
1:02.0	but now a crash creates a discount for you to come in and buy an investment on sale.
1:07.0	You could think of it like Black Friday for investors.
1:10.0	You get to go shopping at a discounted
1:12.2	price because now people are selling because they're scared. And what you want to look for now
1:16.6	is good investments that are being hurt not because their investment is on the verge of bankruptcy,
1:21.9	but because the economy is pushing the price of good investments down. So that's kind of in a nutshell to answer your question
1:29.1	what that means. But now if we dive a little bit deeper, we go a little bit higher level. How do you do
1:34.3	this? What does it mean? Well, if you ask the majority of people, or if you just ask anybody,
1:40.7	is a recession a good thing or a bad thing? Most people are going to say it's a bad
	...

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