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  • 2 years ago
209: Investing 101

209: Investing 101

In this edition of the Cardone Zone Grant gives a crash course on investing 101. Here are the 3 mistakes people make with investing.

1.Investing too early. Do you think about investing when you have no money? Of course not. People ask Grant all the time what they should invest in with the 10K they got. If all you have is 10K you are still broke and have no business investing. The best investment Grant made in his life is not investing. He waited until he had a more significant amount to put his chips down on the table.

2. You start too small. What are you going to do do, invest a nickel? $5 goes up 100 times it’s still just $500 bucks. The think is too small. The only reason to invest is to get rich, to have prosperity. Don’t do little tiny amounts. They won’t make a difference. Don’t invest to grow, invest for freedom. Wait until you have a significant amount to invest. Grant was 33 years old when he had over a million dollars in the bank before he made his first re