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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

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

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

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

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

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

And I was studying real estate on the weekends.

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

And that was kind of a side hustle for me.

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

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

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

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

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

I never trade for anything.

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

I trade paper for something more valuable than the paper.

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

And for me, that could be me investing in myself.

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

I'm always more valuable than the thousand bucks.

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

Anything I spend on myself is more valuable.

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

Number two, I could be the business that I'm working in to make my business better.

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

Or number three, once my business is going well and I'm doing well, then I want to I want to store money to put it in something that converts paper to an asset that produces cash flow.

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

Yeah, I think that's really good advice.

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

And it's funny because today you're flying around in a private jet grant.