From Yahoo Finance: 2025-05-26 17:02:00

Many believe buying a home is the key to generational wealth, but money expert Jaspreet Singh disagrees. Real generational wealth provides income now and for future generations. Singh recommends investing in assets like stock, REITs, and international ETFs for true generational wealth growth.

Singh emphasizes the importance of consistent investing and reinvesting profits to build wealth over time. Asset and dividend appreciation are crucial, along with a passive and consistent investing strategy. Even starting with $100 a month can lead to gains if you stay committed to the strategy.

Investing in real estate requires upfront cash, which might not be feasible for everyone. Singh advises prioritizing saving to eventually invest in rental properties for cash returns. Building wealth through real estate takes dedication and planning, but can be a lucrative investment for the future. To build generational wealth, focus on rental income in real estate investing. Cash flow of $70 for every $1,000 invested is key. Owning property provides tax breaks and a hard asset. Starting a business is riskier but can yield high profits. Success means creating a business that can run without you.

Read more: How To Build Generational Wealth Without a Big Salary, According To Jaspreet Singh