Log in

The Cardone Zone - 217: How to Know When to Invest
share icon

217: How to Know When to Invest

The Cardone Zone

05/20/16

33m

About

Comments

Featured In

How to Know when to invest?

Grant Cardone has special guest twin brother Gary Cardone—CEO and Co-founder of Chargebacks911 on the Cardone Zone. Get your business, career, and finances right!

92 Million people in America are underemployed. What people should be doing now? Make more money! Gary is now of the mindset of not buying anything unless it produces income or energy. A house is not an asset, it's a liability. There's no reason to own a home. Don't buy a car, lease a car. Only buy something that produces income or energy. Why buy a house? For your ego? A fantasy that has been sold to you? Suzy Orman is wrong!

Gary also says when making cold calls he uses a strategy to hit a company three different ways, contacting 1. The CEO 2. The COO 3. The CFO

Previous Episode

Today on the Cardone Zone Grant Cardone talks real estate. Don't invest in stocks. Don't do gold or silver. Don't do an IRA. The best investment you can make is in real estate. Getting rich is simple.

1.Increase your income 2. Save the extra 3.Invest savings

Grant breaks down why real estate is the best investment and goes over various examples with numbers on the whiteboard. It's better to get a place with many residents than just one. You don't want just one door. Let renters pay the debt down. You can leverage your money to a high-degree in real-estate. You can buy a $2 million property for 500K. But to invest 500K you need to save 500K, and that requires a salary larger than 50K.

Grant Cardone TV: http://grantcardonetv.com/video/cardonezone/investinginrealestate/#ixzz48ZlVhPn0 Follow us: @grantcardonetv on Twitter

Next Episode

On today's episode, Grant discusses how he defines financial responsibility and practices it as part of his daily life. The truth is, most people don't even know what they have—which is a major violation of financial responsibility. What you pay attention to is where you get results.

Watch as Grant explains his simple four step process and how to incorporate it in to your daily life: 1. Commit 2. Confront 3. Control 4. Commit again

If you want to achieve financial responsibility, this is a simplistic strategy to do so.

How often do you review YOUR finances?

Promoted