The Cardone Zone

Today on the Cardone Zone Grant Cardone compares and contrasts the stock market and real estate.

If you invested $1,000 in stocks (one share of the DOW) in 1985 today it would be worth $18,950. The average cost of home in 1985 was $24k and today it is $240K. You don't make 216K from that, you have to put a new roof on it and paid property taxes for 30 years.

Houses on average went up 10X. There are better investments than this. My properties pay me 10-12% every year and my tenants pay down my debt. With income producing real estate over time debt will go down or value will go up with the property—or both likely. Pay more rent and less in housing. You need renters paying your debt down not you paying it down in a house. In the stock market for every Apple there are 50 that never went anywhere. Don't make little moves.

Make big moves. Get at least $100K before you start investing. If you want to get rich get income producing properties only. You don't need stock, houses, gold, or bitcoin. If you can't repeat it, it's no wealth because it can't be duplicated.

Guessing the right stocks and flipping houses are like a casino, you can pick a winner but can you duplicate it over and over again?

Try and start with 16 units—so what if it's a bigger payment, don't think small. If you can figure out 4 you can figure out 16. You have to be committed and creative. If you lack creativity to get money, you aren't committed. If you are ever going to get in the real estate game you must have income and know how to make money.

Get on Grant Cardone's Playbook to start earning more cash so that you will have something to invest for in the future.

Every Friday Grant Cardone brings you the Cardone Zone, and today he talks about 7 indicators that suggest the economic window is starting to tighten and close. This isn't to scare you but to get you ready. The Government wants inflation. They collect more income when inflation happens. For you, saving money is not your problem. You have to learn how to get attention and sell. What if people were chasing money as much as Pokemon? Add strategy and skills to your hustle. Recession proof your income for when you can't produce any more income. Something bad is going to happen, it's just a matter of when. Bad things aren't in your budget. Here are 7 indicators to keep in mind:

1. Personal income tax receipts are off 11.3% from last year. 2. Corp income tax receipts are down 16% 3. Fed excise taxes are down 0.8% 4. State sales tax up only 2.5%, lowest level in 3 years 5. Federal income tax fell 17% in June 6. Job opening have fallen 7. Wage growth is negative

These are the worst earning reports in 5 quarters. Venezuela is falling apart. Their problems make America look good. The stock market is a complete hoax—a casino. It's time to get your money right. Get Grant's Playbook today, because the Millionaire is the new middle class.

Today on the Cardone Zone Grant Cardone discusses the chaos in Nice, France and the fact that you have to take responsibility for your freedom and safety by staying alert. The main lesson is to keep your eyes open. If you can't see problems how can you see opportunities? It's all about awareness. Learning how to use a gun is no different than learning about how to become a millionaire. If you can't confront evil, how will you see opportunity?

Grant's economics changed when he took responsibility for his life. Bad things happen on this planet. Is it up to the police, the military, or political pundits? Or is it up to you? When terrorists hit, politicians tell you don't change your way of life. You need to change everything you do. If you don't change, you're going to get hurt. Homegrown terrorism is when you don't get your money right. Where there's poverty there is terrorism.

Get your Playbook today—www.grantcardoneplaybook.com

And remember, "The only thing necessary for the triumph of evil is for good men to do nothing."—Edmund Burke

Today on the Cardone Zone Grant Cardone talks about the Federal Reserve. Money is only as valuable as the confidence people have in it. Raise your awareness. Where do banks get their money from? Money is anything that is excepted for value. The dollar is not backed by gold. The country is $20 trillion in debt. What are you doing to protect your money? What is the validity of the Federal Reserve? Grant is beginning to do a little homework on the Federal Reserve. When he doesn't know what's true and what's not, he does tests. He went to the bank and told them he needed a million dollars—cash. They asked for a reason, and Grant replied that they didn't ask him for a reason when he put it in. He wanted to test to see if he could even get his money. If you go to the bank and ask for even 100K you won't get it that day. The US has been for 200 years a country that has been built into greatness, but there is big problems —because it is a pure credit nation now. Everyone in the middle class is going to get disrupted. The money you have is digits in a bank, but Grant's advice is to get as much of it as you can because if things go bad, you'll still need it.

What do I do with my money?

Today on the Cardone Zone Grant Cardone takes callers and talks about stocks and the financial condition of the world today. If you're in stocks sell. Grant got rid of his stocks last week. In your lifetime you will see no more Macy's and Kmart because shopping centers are going under. Why go someplace to shop when you can click on Amazon? America is the cleanest shirt in the closet—that doesn't mean it doesn't have wrinkles. The likelihood of the market going down is much higher than it going up. You need 100K in savings before you should think about investing. Grant's not being negative, he's trying to help out. All your attention should be on producing money. Wages are going down. There's going to be destruction and people who aren't financially prepared will be punished. Think about it—the stock market is worth 20% more than the entire GDP of the US. It's in the same range as the year 2000 when it boiled over. Get yourself in a position of opportunity. You have to have ammo on a safari—when the time comes to go hunting for real estate you need to be loaded. When the world goes dark it's your time to get bright. Get on Playbook to Millions today to get your money right—the deal is going to end soon—just like the prosperity in the stock market.

This week on the Cardone Zone Grant Cardone unveils the Playbook to Millions, takes callers and solves their problems. You shouldn't invest in anything except in yourself until you have 100K. You need prosperity. To get wealthy you must learn to increase your income.

Every Friday Grant Cardone talks money, finance, and business on the Cardone Zone. Today Grant takes callers and talks about building wealth. What is the only reason to save money? To invest it. 70% of America has to use debt to fund their monthly activities. Most people don't have an investing plan they just have a job plan. Make a decision to become a millionaire. Reinforce it every day. If you are in poverty or just getting by it's a condition that you've created and reinforced every day. The money is out there, there is no shortage. Who's got your money? You need to learn how to get money.

Really there are just threes steps you need to get rich:

1)Learn to get money

2)Learn to keep money

3)Learn to multiply money

Most people can't get past step 1. There are many people that get stuck at step 2. Look, it's easy to have 15 minutes of fame but you have to be able to keep it. If you get a spouse, you have to know how to keep him or her. Getting is one thing, keeping it is another. After you learn to get money and keep it—THEN you can start multiplying it.

Get your Millionaire Booklet today at:

http://www.millionairebooklet.com

Make a decision to become a millionaire.

On the Cardone Zone this Friday Grant Cardone talks doubt and money. There is no such thing as self doubt. All doubt comes from another source. It's other people's doubt adopted. The environment tells you to doubt. Doubt comes from outside influences.

There's no self-garbage site, rather what once was nature got turned into a dump because people put trash there. Doubt got dropped on you from another space. Someone told you to doubt yourself.

Why you aren't rich?

#1 Outside influence: Again, there's doubt being implanted in you from others. They say things like "money won't make you happy".

#2 Bad information—a penny saved is penny earned. No, it's a penny. Money doesn't grow on trees. No, it's printed and they always print more. There's more dollars than trees on this planet.

#3 No plan— People go to college and wonder why they are there. This is why people fail, they don't even know what they want. Plans requires the world to be static. Bad things happen that aren't in the plan.

#4 You need skills—At 15 Grant wasn't sure if a girl would go out with him. Now he could be a ladies man—if he weren't already happily married. The point is even if you want something you can't get it without having some needed skills.

Most people don't know how to sell and therefore cannot get rich until they learn this essential skill.

Who wants to get rich?

Follow the money!

You have to get excited. All successful people are excited. If you don't get excited about your money you won't have any. Get the Playbook to Millions. You have to know you don't know something.

You have outside influence making you feel like you can't be rich, you get bad information from people, you have no plan, and you have no skills. It's work to stay poor. Poor isn't fun and it doesn't get you excited, does it?

Write down everything you have doubt about and circle the ones that are reoccurring, then figure out who is fueling the doubt. What is it that you don't know about that thing that causes you doubt? If you have doubt about something you need to learn about it.

Get rich!

This week on the Cardone Zone Grant Cardone unveils the Playbook to Millions, takes callers and solves their problems. You shouldn't invest in anything except in yourself until you have 100K. You need prosperity. To get wealthy you must learn to increase your income.

On today's episode, Grant discusses how he defines financial responsibility and practices it as part of his daily life. The truth is, most people don't even know what they have—which is a major violation of financial responsibility. What you pay attention to is where you get results.

Watch as Grant explains his simple four step process and how to incorporate it in to your daily life: 1. Commit 2. Confront 3. Control 4. Commit again

If you want to achieve financial responsibility, this is a simplistic strategy to do so.

How often do you review YOUR finances?