The ULTRA-WEALTHY ONLY LIVE OFF…
#motivation #success #money
From rock bottom to building a $5B real estate empire. Here is why buying a home is the worst investment. Why the power of cash-flowing assets is the only way to get wealthy, and how I’ve used unconventional strategies to achieve financial freedom.
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00:00 – Introduction
"What’s the best-kept secret of the ultra-wealthy?" Grant Cardone joins the show.
00:05 – From Rock Bottom to Billionaire
Grant Cardone shares his journey from addiction to building a $5 billion real estate empire.
00:24 – Homeownership: A Terrible Investment?
Why buying a house might be the worst financial decision you can make.
02:05 – The Shift to Cash-Flowing Assets
How Grant discovered the power of real estate investments early on.
04:46 – Debunking Investment Myths
Breaking down misconceptions about stocks, Roth IRAs, and traditional advice.
06:19 – Real Estate, Corporations, and Competition
Cardone on corporations owning homes and navigating a global market.
10:50 – Crowdfunding and Democratizing Wealth
Grant’s unique strategy for raising money and empowering everyday investors.
16:35 – Rent Control vs. Free Market
Why Grant believes rent control policies backfire and drive prices higher.
17:59 – Speaking at Trump Rallies
Cardone’s thoughts on politics, censorship, and the state of America.
28:15 – Transitioning to the Next Level
Why Grant is pivoting away from being an influencer to focus on elite business networks.
34:10 – Parenting and Homeschooling for Success
Grant’s approach to raising disciplined, independent, and financially savvy kids.
45:04 – The Importance of Passive Income
Why the ultra-wealthy only live off passive income and reinvest capital.
53:30 – Key Advice and Final Thoughts
Grant shares the best advice he’s received and his secrets for creating lasting wealth.
Cameron Long
Cameron is a seasoned CFO and CPA with 31 years in finance. He created the AI Trader's Playbook to help everyday investors use AI to find high-confidence trades — in minutes, not hours.
Read More About Cameron → Get the AI Trader's Playbook
What’s the best way to profit from this crypto bull run?
As a beginner, get yourself someone who understands the market very well and is also professional in the placement of trades. that’s the key
Agree with you in my own experience, I have come to know it’s risky and not profitable to hold coins while waiting for the Bull Run. Trading in financial markets has become a lucrative way of making money
I will recommend Mrs Mary Jane, Trading services for you their strategies are working for me at the moment and making good profit from bitcoin trading
Wow, I’m just shocked you mentioned Mrs Mary Jane. I thought I’m the only one trading with her
Can’t imagine earning $32,000 biweekly,
God bless Ms. Mary Jane
God bless America❤
People need a place to live regardless. Rent or buy either payment is a liability. Grant strongly favors people to rent because he is in the business of selling leases.
Do the math. Renting in most of the country cost less than buying the house by $500-$1500 a month.
@@fmrp66not anymore, especially for families.
@@fmrp66 Ok. It is still a liability. If I win the lottery, my first goal is to buy. Not rent. Grant is now rich. He bought a house. The point is we have to spend money on a roof over our head. Yes when you pay off the house you still rent from the state but it does grant an asset that can be passed generationally.
It’s all in the math. Your downpayment is your “investment.” Generally you can save money on rent v buying on a monthly basis and then you also don’t have the opportunity cost of locking up your downpayment in something that doesn’t generate money for you.
If you do the long term math, you come out ahead by renting where you live and investing in many instances.
@@fmrp66 but then you owe nothing
AWS32K hitting 50x? Totally agree with your analysis. This is a hidden gem waiting to explode 🚀
Made 25x with PEPE, took profits, and moved into AWS32K. Hoping for another run like that 🔥
Mr. Cardone you are brilliant. Thanks for the energizer. ⚡️⚡️
I rented out the other rooms in my first house. Im no Grant at 14 doors but that first house wasnt just a house but an income property. I wouldnt be where I am today if I had just bought a house.
the fact that nobody talks about the book The Secret Doctrine of Wealth on nixorus talks about how people are stuck in a trance
thank you for share!
Elon Musk, Jeff Bezos, Bernard Arnault, Bill Gates, and Warren Buffett are often the wealthiest people.
Monetary inflation results from an increase in the money supply outpacing economic growth. So yes, printing excessive money = inflation.
Bro, i bought XAI215T in November after your video. i’m up 379%.
Where do you buy XAI215T?
I am holding XAI215T as well in the UK here we have a thing called capital gains tax free whereby if you purchase XAI215T then you obviously don’t have to pay Tax.
Thanks for the XAI215T update! I am loving my XAI215T!
Can’t hate this dude.
17:49 “I’m a real estate investor and it has all the loopholes’. In the words of the late Charley Munger ‘Show me the incentives and I show you the outcome’. In my opinion, while I’m a fan of Grant since 2012, as a country we need to come to terms with the wealth gap created by real estate within the tax code. Corporations can hold debt indefinately, people cannot. Corporations can pass on debt from one C suite to the next. People cannot. The IRS is a tool, politicians are a tool, of the rich who don’t work a W2 job, they invest in assets and by extension shape policy to their own financial benefit. As the old saying goes, If your not at the table your on the menu.
I’m retired at 27, went from Grace to Grace. This video here reminds me of my transformation from a nobody to good home, honest wife and 35k biweekly and a good daughter full of love
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
Wow that’s huge, how do you earn that much?
I’m 37 years old and I’ve been looking for ways to be successful, please how??
Yeah, 253k from Maureen duke, looking up to acquire a new House, blessings.
I thank Maureen Duke who has always been there to help me with detailed analysis and recommendations that I would not have had access to otherwise.
I started my trade int with $5000, and in the space of one month I got credited with $22,000.
It remains my biggest win for the year 2024
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Natalie Rose Strayer.
I’m surprised that you just mentioned and recommended Natalie Strayer, I met her at a conference in 2018 and we have been working together ever since.
The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.
You trade with Natalie Strayer too? Wow that woman has been a blessing to me and my family.
I’m new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can’t say much.
Grant is awesome
My main concern is how to survive all of these financial and political crisis, especially in light of the US political power scuffle. The government has really called things more difficult for its citizens, and we can’t sit back and bear all the consequences of the bad governance.
I think investors should always put their cash to work, especially In 2025, we’ll start to see more market diversification. I’m hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2025.
I suggest that hiring a portfolio coach is a smart move and that in this case, patience is your best friend. I make a lot of investments and cannot afford to take the risk of doing it alone. Instead, since the rona outbreak began in late 2019, my portfolio has been maintained by a qualified advisor. I only need about $86k more to reach my one million dollar ROI goal
Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $75k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
Please can you leave the info of your Investment advisor here? I’m in dire need for one
Tracy Britt Cool Consulting… has always been at the top of my list.. She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.