Group 1 - Grant Cardone emphasizes that achieving millionaire status does not equate to financial wisdom, particularly if it is a person's first million [1] - Cardone argues that both saving and spending can hinder financial growth, advocating for investment as the key to increasing wealth [1] - He highlights that a million dollars may not provide long-term security, especially if it is the only source of income, equating it to living on a limited monthly budget [2] Group 2 - Cardone asserts that a person's house should not be included in their net worth calculation, as it does not represent liquid assets [3] - In a discussion about stock portfolios, Cardone encourages higher investment values and acknowledges the volatility of stock performance, citing a 43% drop in 2022 followed by significant gains in subsequent years [4]
Grant Cardone Says You're Not Rich If You're 45 With Only $1M Saved—'I'd Rather Take Advice From A Homeless Person About Money'
Yahoo Finance·2026-02-15 17:02