273: Investing Ideas
The Cardone Zone
Grant Cardone
4.8 • 4.1K Ratings
🗓️ 28 July 2017
⏱️ 28 minutes
🧾️ Download transcript
Summary
Stocks, franchises, REITs, bonds, IRA's, 401K's—these are all places where people make investments with their dollars. To invest means to expend money with the expectation of achieving a profit or material result by putting it into financial schemes, shares, or property, or by using it to develop a commercial venture. You have to write a check, and the goal is not to break even like so many businesses do.
Money desires attention and money follows attention. You will not get wealthy by mistake. If you want an investment to go up, have control in it. Be next to it, don't ignore it. Or have a partnership with someone who is more invested in it than you are. If you have distance and time between you and your money, you don't have an investment you have a gamble. Unless if you're rich, you should have drips every month that remind you what you're making from your investment.
The truth is, Bank of America will not lend you money to buy stock in Bank of America, because they know it's a bad investment. Go to https://cardonecapital.com/ to learn more about what I consider the best investment you can make today.
Transcript
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| 0:00.0 | MUSIC |
| 0:27.2 | Hey, welcome to the Cardone Zone, Grant Cardone here every Friday, 12 PM Eastern Standard |
| 0:31.8 | Time. |
| 0:32.8 | I come to you to talk about, well, the business of business money, economy, your career, |
| 0:38.7 | and how you can get in this thing we call the zone. |
| 0:41.9 | Everybody knows what the zone is, right? |
| 0:43.2 | Robert Syslow. |
| 0:44.2 | Robert Syslow is with us today. |
| 0:45.9 | Look, I keep it real here. |
| 0:47.4 | You may not like what I say. |
| 0:49.2 | On this show, we have talked about investing in homes. |
| 0:52.9 | We've talked about careers. |
| 0:54.3 | We've talked about inflation. |
| 0:56.1 | We've talked about recessions. |
| 0:57.9 | I mean, what have we not talked about, Robert Syslow? |
| 1:03.5 | We cover everything except drama, tabloids. |
| 1:08.6 | By the way, North Korea today supposedly sent a missile toward Japan. |
| 1:13.1 | We don't even cover that kind of stuff. |
| 1:15.3 | What we cover is what we control in this show. |
| 1:17.9 | Today I'm going to be talking about investing. |
| 1:21.3 | What I'm talking about here is not resources other than money. |
| 1:25.5 | Okay, not talking about energy, creativity. |
... |
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