Grant, I just watched this again and compared it to what you have just accomplished on undercover billionaire. You are true to your form. You showed how using other peoples money and current businesses is the way to rapidly gain success! Truly motivational!
From South Africa, I just want to say thank Uncle G. I am so happy I discovered you and your channel so early. You are literally changing lives out here. Your efforts and time are immensely appreciated G.
Man you are changing my f*cking life and I live in the other side of the earth so what you are doing is powerfull and spreds all over the world. Thanks!
see when you dont know enough about the stock market grants argument and point of view makes sense. The thing is as a stock market investor i GET CASHFLOW from apple stock each month. I Sell calls against it every month bringing me in monthly income and i get to choose how much of that monthly income I want. The biggest RISK is not knowing what you think you do. LOVE your videos btw. Your a huge inspiration :)
You also dont get taxed 50 percent on capital gains unless you are day trading or swing trading. If you held apple stock over 12 months which is not that long, you would pay 15% tax.
u wouldnt have to sell apple stock, u could capture the appreciation like you said, get paid the dividend, AND sell call options against ur stock OUT of the money, as far out as u can go with still collection cash from the buying of the contract. Double dipping ur profits baby.
I’m Grant Cardone Jr. ...Thanks POPS! 😂 I do appreciate you sharing your wisdom Mr. Cardone. I’m fighting with my own mental struggles and when I do, I’m following your footsteps
i have passice/semi passive income from my stock portfolio! Dividends and options premiums:) i have to constantly be keeping up to date with the businesses and companies i hold and looking for new deals to get innto but its the same with realestate! get a weekly, and monthly cashflow around 2-3k at the moment ennough for my monthly bills! BUT i still live at home, 27. looking to make and earn more, funnel it innto my passive income printing mashine and keep growing!
so the term of the fund is 10 years? we get 6% annual return. im new to investing so i dont know if my math is wrong or not but 10 years of 6% is 60%. How do you profit with this?
@@nonstopp038 ik this comment old but basically the point isn’t holding to profit from the 6% a year. You got a million dollars you use the 6% to pay your 5000 a month in bills. That’s the point all it is is a thank you for holding the asset. But then you also make gains from the appreciation of the asset. If it triples in value , your money triples. As well as you will make your 60,000$ a year, and if your original capital triples from that point, also means you have more passive income to go along with that.
capital gains taxes isnt taxed at earned inncome only if u buy and sell within the same year. If u hold a srock more then 1 year its LONGterm capital gainns and u would pay a 15% gain. Real estate does have WAY more tax advantages :)
With $2.4 mil I would easily 10x my monthly income through the stock market. BUT that's only after my 2 years of consistent experience. It's more psychological than anything else. Let me make it clear that is by no means passive income. So I agree 100% with Grant's advice here.
I earn 400 euro per month when I was 15 and I thinking how much money I get from that 400 euro next year via dividends I live with my parents ...... numbers are smaller but % works anyway chears from Yugoslavia uncle SAM :D
@@poderis1088 Working in the factory which making blocks for building house (in US they making from wood )... before 15y via student work when I doing secondary school ... Well today you got 1000 euros for month ... what inflation :D in 15y but the calculation is same today 1000 paycheck saved is 100 pasive earned next year and so on .. Like Grant says when you are 65 years old you get from state some money if you work you gets 1000e and than you get 500e from state ... IF you invest money in GC you get paycheck for next thousand years every month if you are death girl still gets your 500e from uncle G...
Thats the same the mexican gobernment pays in CETES. You invest in mexico gobernment and get 6% anual. But you guys should know that if Cardone Capital goes bank rupt you are not getting your money back. For CETES the only way to lose your money its for mexico to go bank rupt. Why? Because you are lending money to the mexican gobernment and not any entrepreneur . The question here is wich one is more likely to go bank rupt, a whole country or a independent entrepreneur? The only way a country goes bank rupt is if it gets invaded or a coup d'etat.
I'm starting a private investment fund in Los Angeles would you come and speak at it Uncle Cardone? I will make the team agree on first investment in Cardone Property Management Investments...6% is a good safe investment well... is it still 6% when the housing market crashes is that fixed
