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Grant Cardone

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
4347 total appearances

Appearances Over Time

Podcast Appearances

Young and Profiting with Hala Taha
Grant Cardone: Recession-Proof Wealth Strategies to Dominate Any Economy | Finance | YAPClassic

So my mom saved money her whole life until she passed.

Young and Profiting with Hala Taha
Grant Cardone: Recession-Proof Wealth Strategies to Dominate Any Economy | Finance | YAPClassic

That was more money than I had made in the previous 20 years.

Young and Profiting with Hala Taha
Grant Cardone: Recession-Proof Wealth Strategies to Dominate Any Economy | Finance | YAPClassic

In any business, any earned income, any job that I've ever worked at, one investment is

Young and Profiting with Hala Taha
Grant Cardone: Recession-Proof Wealth Strategies to Dominate Any Economy | Finance | YAPClassic

She was still saving money the day she died.

Young and Profiting with Hala Taha
Grant Cardone: Recession-Proof Wealth Strategies to Dominate Any Economy | Finance | YAPClassic

And money is useless until it is used.

Young and Profiting with Hala Taha
Grant Cardone: Recession-Proof Wealth Strategies to Dominate Any Economy | Finance | YAPClassic

paid me more money in a shorter period of time than I had earned in 20 previous years of earned income.

Young and Profiting with Hala Taha
Grant Cardone: Recession-Proof Wealth Strategies to Dominate Any Economy | Finance | YAPClassic

A billionaire taught me this.

Young and Profiting with Hala Taha
Grant Cardone: Recession-Proof Wealth Strategies to Dominate Any Economy | Finance | YAPClassic

He's like, Grant, your money's worth nothing until it is put to use.

Young and Profiting with Hala Taha
Grant Cardone: Recession-Proof Wealth Strategies to Dominate Any Economy | Finance | YAPClassic

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

Young and Profiting with Hala Taha
Grant Cardone: Recession-Proof Wealth Strategies to Dominate Any Economy | Finance | YAPClassic

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.

Young and Profiting with Hala Taha
Grant Cardone: Recession-Proof Wealth Strategies to Dominate Any Economy | Finance | YAPClassic

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

Young and Profiting with Hala Taha
Grant Cardone: Recession-Proof Wealth Strategies to Dominate Any Economy | Finance | YAPClassic

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

Young and Profiting with Hala Taha
Grant Cardone: Recession-Proof Wealth Strategies to Dominate Any Economy | Finance | YAPClassic

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

Young and Profiting with Hala Taha
Grant Cardone: Recession-Proof Wealth Strategies to Dominate Any Economy | Finance | YAPClassic

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

Young and Profiting with Hala Taha
Grant Cardone: Recession-Proof Wealth Strategies to Dominate Any Economy | Finance | YAPClassic

So I was 31 years old.

Young and Profiting with Hala Taha
Grant Cardone: Recession-Proof Wealth Strategies to Dominate Any Economy | Finance | YAPClassic

I had two jobs at the time.

Young and Profiting with Hala Taha
Grant Cardone: Recession-Proof Wealth Strategies to Dominate Any Economy | Finance | YAPClassic

I'm 28, 29, 30 years old.

Young and Profiting with Hala Taha
Grant Cardone: Recession-Proof Wealth Strategies to Dominate Any Economy | Finance | YAPClassic

I had been storing money, not saving it.

Young and Profiting with Hala Taha
Grant Cardone: Recession-Proof Wealth Strategies to Dominate Any Economy | Finance | YAPClassic

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.

Young and Profiting with Hala Taha
Grant Cardone: Recession-Proof Wealth Strategies to Dominate Any Economy | Finance | YAPClassic

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.