Grant Cardone

And it was a non-taxable event, by the way.

And the people that create tremendous wealth are taking pieces of paper, garbage pieces of fiat paper that only have as much value as the people have confidence in.

It made me a multimillionaire, but it came with no tax consequence, which was like I just stumbled across this concept.

I didn't know that was going to happen, but it was because of the class of investments I was in.

And they're basically taking that paper and converting it to something else that is more valuable than the paper.

So basically what I was doing was trading time for money at my two jobs.

So I was 31 years old.

I had two jobs at the time.

I'm 28, 29, 30 years old.

I had been storing money, not saving it.

storing all this money up like a squirrel, like going out and getting nuts for the wintertime, knowing that one day I'm going to use these nuts for something else.

I was storing it so that one day I could make an investment in something where it would multiply itself, where it would have babies.

And I was studying real estate on the weekends.

I wanted my Ben Franklin to have little Benjamins.

And that was kind of a side hustle for me.

There's this thing I do where I never trade paper for paper.

I kept storing money until I was certain about an investment.

I never trade paper for another piece of paper, stock certificate, a bond.

And I made my first investment.

My first real investment was $350,000.