About This Show
Are you sick of just getting by? Of saving your whole life and finding out it isn't enough? The Middle Class is getting crushed and the Cardone Zone is going to show you how to protect yourself. Join NY Times Bestselling author and International Sales Expert, Grant Cardone in The Cardone Zone where you will get the tips you need to get into a better position in your life, in your career, in your business, with your finances and in your relationships.
Most Recent Episode
249: Stock Market vs Real Estate Investing
7 days ago
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.
Rated 5 out of
Awesome Show! Grant is #1
Grant gives a lot of advice on sales, marketing, real estate and more. Excellent advise and information
Date published: 2015-02-25