Grant Cardone emphasizes the importance of investing over saving money in the bank, suggesting that keeping cash can limit opportunities for wealth growth. He believes that wealth is built through investments that multiply returns rather than through low-interest savings accounts. While Cardone disapproves of traditional stock market investments, he recognizes that they offer a low-barrier entry point for new investors. He advises using ETFs for better performance and encourages beginners to start with stock simulators to practice without real financial risk.
Grant Cardone says that you are missing out on opportunities by keeping your money in the bank.
You get rich connecting with opportunities that multiply money, he explains.
Invest in Stocks Cardone wouldn't approve of buying stocks. He views Wall Street as a casino.
If the thought of using your money to buy stocks scares you, a stock simulator is a great way to get started.
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