'That Full-Time Job Won't Bring You Wealth': Real Estate Expert Grant Cardone Reveals How To Build Beyond Millions Even If You Don't Have Much To Spend

Real estate investment expert Grant Cardone made headlines again with his unconventional financial advice. 

In a recent video posted on Twitter, Cardone, also known as “Uncle G,” urged Americans to abandon the traditional notion of saving if they truly want to accumulate wealth. 

“That full-time job won't bring you wealth,” he said. “Saving, saving, saving won’t bring you wealth. Overspending won’t bring you wealth. Being scared won’t bring you wealth.” 

According to Cardone, the only path to genuine prosperity, surpassing millions of dollars, lies in investment.

In the video, Cardone reinforced his message, asserting, “Quit saving your money.” He went on to explain that his own parents fell into the trap of solely saving money, neglecting to make proper investments because of their fear of financial loss. 

Cardone believes asset classes such as real estate offer the advantage of never losing your money. He highlights real estate as a lucrative option, emphasizing its ability to generate consistent cash flow and appreciate in value over time.

Cardone’s advice aligns with his personal success story, as he built an impressive real estate empire from scratch. Cardone said he turned a $3,000 investment into $4 billion in real estate assets. 

Beginning in 1995, he capitalized on profitable deals that generated returns 10 times higher than his initial investment. With persistence, Cardone expanded his portfolio, accumulating 260 units and earning a substantial profit of $15 million. Despite challenges, he strategically navigated the market, selling assets before the 2008 housing crash and using the equity in his primary residence to turn a $15 million investment into $180 million. Today, Cardone’s real estate holdings are valued at $4 billion.

For those looking to follow in Cardone’s footsteps without having to invest a fortune, there are options available, including EquityMultiple. EquityMultiple is a platform that aims to build investor wealth by providing streamlined access to diverse real estate investment products. You can open an EquityMultiple account here. Combining crowdfunding with a more traditional real estate investing approach, EquityMultiple offers exclusive investment opportunities supported by industry-leading asset management, innovative technology and personalized assistance. 

Another option is investing in real estate investment trusts (REITs). REITs allow investors to profit from the real estate market without purchasing physical properties or dealing with landlord responsibilities. 

REITs are publicly traded companies that own income-producing real estate assets such as apartment buildings, shopping centers and office towers. They collect rent from tenants and distribute the rental income to shareholders in the form of regular dividend payments. By investing in REITs, individuals can benefit from the potential for solid dividends and moderate long-term capital appreciation. 

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