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Part 4: Grant Cardone on Top Businesses to Buy, Took Company from 80 Customers to 125K in 2 Years
Part 2: Grant Cardone on Having No Emergency Savings: I Don't Need Any, Savers Stay Broke
Part 1: Grant Cardone on Selling Miami Home for 646 Bitcoin ($45.2M) When Bitcoin Price Hit $70K
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Grant Cardone advised against investing in retirement accounts and argued that while such accounts offer a way to save money without paying taxes on it, they also act as a trap locking up funds for as many as 30 years. He criticizes this strategy, stating that by the time one starts using the funds held in the account, they'll have to pay tax on withdrawals, which might be potentially higher due to rising tax rates over the years. Cardone added that savings in such accounts could also be depleted by inflation and dwindling purchasing power. He also gave advice to young people, saying they should focus on their financial goals rather than getting distracted by relationships or trying to gain popularity and approval.
