227: Stock Market vs Real Estate Investing
The Cardone Zone
07/29/16
•61m
About
Comments
Featured In
Today on the Cardone Zone Grant Cardone compares and contrasts the stock market and real estate.
If you invested $1,000 in stocks (one share of the DOW) in 1985 today it would be worth $18,950. The average cost of home in 1985 was $24k and today it is $240K. You don't make 216K from that, you have to put a new roof on it and paid property taxes for 30 years.
Houses on average went up 10X. There are better investments than this. My properties pay me 10-12% every year and my tenants pay down my debt. With income producing real estate over time debt will go down or value will go up with the property—or both likely. Pay more rent and less in housing. You need renters paying your debt down not you paying it down in a house. In the stock market for every Apple there are 50 that never went anywhere. Don't make little moves.
Make big moves. Get at least $100K before you start investing. If you want to get rich get income producing properties only. You don't need stock, houses, gold, or bitcoin. If you can't repeat it, it's no wealth because it can't be duplicated.
Guessing the right stocks and flipping houses are like a casino, you can pick a winner but can you duplicate it over and over again?
Try and start with 16 units—so what if it's a bigger payment, don't think small. If you can figure out 4 you can figure out 16. You have to be committed and creative. If you lack creativity to get money, you aren't committed. If you are ever going to get in the real estate game you must have income and know how to make money.
Get on Grant Cardone's Playbook to start earning more cash so that you will have something to invest for in the future.
Previous Episode
226: 7 Economic Warnings
July 22, 2016
•40m
Every Friday Grant Cardone brings you the Cardone Zone, and today he talks about 7 indicators that suggest the economic window is starting to tighten and close. This isn't to scare you but to get you ready. The Government wants inflation. They collect more income when inflation happens. For you, saving money is not your problem. You have to learn how to get attention and sell. What if people were chasing money as much as Pokemon? Add strategy and skills to your hustle. Recession proof your income for when you can't produce any more income. Something bad is going to happen, it's just a matter of when. Bad things aren't in your budget. Here are 7 indicators to keep in mind:
1. Personal income tax receipts are off 11.3% from last year. 2. Corp income tax receipts are down 16% 3. Fed excise taxes are down 0.8% 4. State sales tax up only 2.5%, lowest level in 3 years 5. Federal income tax fell 17% in June 6. Job opening have fallen 7. Wage growth is negative
These are the worst earning reports in 5 quarters. Venezuela is falling apart. Their problems make America look good. The stock market is a complete hoax—a casino. It's time to get your money right. Get Grant's Playbook today, because the Millionaire is the new middle class.
Next Episode
228: Grant Cardone's Playbook
August 5, 2016
•43m
This week on the Cardone Zone Grant Cardone unveils the Playbook to Millions, takes callers and solves their problems. You shouldn't invest in anything except in yourself until you have 100K. You need prosperity. To get wealthy you must learn to increase your income. A lot of people couldn't afford the $995 special Grant had running on Cardone University last month so Grant is making something more affordable—an offer you can't deny.
The Play Book to Millions was unveiled today as an affordable way to jump start your income. It's no secret... you want to make money... BIG MONEY. So many want to make it big, OR want to elevate their game to a whole new level... but simply don't know the next steps to take. Grant offers today over 35 HOURS of live training on topics from the most fundamental sales skill to some of the most advanced sales, closing, prospecting, and money making strategies including access to a Private FaceBook Group reserved ONLY for fellow participants of the Play Book to Millions course and the ability to interact and network with other like-minded people. There will be a TON of people wanting to participate in this course and because of the support that Grant and his team are going to provide, space will be extremely limited.
If you like this episode you’ll love
Promoted