230: What Do I Do With My Money?
The Cardone Zone
08/19/16
•46m
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What do I do with my money?
Today on the Cardone Zone Grant Cardone takes callers and talks about stocks and the financial condition of the world today. If you're in stocks sell. Grant got rid of his stocks last week. In your lifetime you will see no more Macy's and Kmart because shopping centers are going under. Why go someplace to shop when you can click on Amazon? America is the cleanest shirt in the closet—that doesn't mean it doesn't have wrinkles. The likelihood of the market going down is much higher than it going up. You need 100K in savings before you should think about investing. Grant's not being negative, he's trying to help out. All your attention should be on producing money. Wages are going down. There's going to be destruction and people who aren't financially prepared will be punished. Think about it—the stock market is worth 20% more than the entire GDP of the US. It's in the same range as the year 2000 when it boiled over. Get yourself in a position of opportunity. You have to have ammo on a safari—when the time comes to go hunting for real estate you need to be loaded. When the world goes dark it's your time to get bright. Get on Playbook to Millions today to get your money right—the deal is going to end soon—just like the prosperity in the stock market.
Previous Episode
229: Investing in Real Estate
August 12, 2016
•48m
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.
Next Episode
231: How to Get Rich
August 26, 2016
•47m
In this edition of the Cardone Zone Grant Cardone tells you to GET RICH. Every Friday he gets you in HIS zone and today he tells you all about the R Word. Mommy and daddy told you not to talk about money. Talk about money. Not just enough money. The people who have money are in control. They make decisions. It doesn't matter if it's 3K, 4K, or 6K. It's not enough. Only 1% of people are rich. The other 99% hate on them. Focus on earning income, not saving money.
1.Make a decision to get rich 2.Tell the world about it 3.Develop a killer and do whatever it takes 4.Set targets and follow them up like a maniac 5.Invest every penny you have
It's easier to get rich one time than stay poor for a lifetime!
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