diversify into different asset classes to mitigate risk. If you lack extensive knowledge, consult a financial advisor to help you invest in tax advantaged accounts.

Low six-figure income, no debt, nearing mortgage payoff ($400k property), age 43. Invested over 15x annual salary, amazed by focus on scraping by in retirement. Aim for surplus. My goal: retire at 55 with $5M. Unless the markets crash, these two points should align. I'm quite lucky to have started working with a financial advisor early.

This is mind blowing! As a young adult inheriting about $500k and new to stock investing, I'd greatly appreciate it if you could direct me to your advisor. I can't afford to make costly mistakes.

*Victoria Louisa Saylor* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

- This is exactly how i wish to get my finances coordinated ahead of retirement. Can I get access to your advisor?

Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.

Tax code changes taught me to you can build resilience into my portfolio. Diversification is key! My set manager helped me spread my investments across different asset classes like stocks, bonds, and real estate so that a positive tax code cha age here can help minimize the impact of aa negative tax code change there adjustments.

I agree. Based on personal experience working with a financial manager, I currently have ($2million) in a well-diversified portfolio that has experienced exponential growth from when i started. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.

That's impressive ! I could really use the expertise of one of these advisors. Any chance you could recommend one?

Actually its a Lady. Yes my go to person is a ‘Sharon Marissa Wolfe '. So easy and compassionate Lady. You should take a look at her work.

I searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you

Research stocks with yields that exceed the market and stocks that, at the very least, follow the long-term market trend. However, you should get guidance from a financial advisor if you want to create a successful long-term plan

I agree, I've been in constant touch with an Investment consultant for approximately 17 months. These days, it's really easy to buy into trending stocks, but the task is determining when to sell or hold. That's where my advisor comes in, to help me with entry and exit points , I've accrued over $337k from an initially stagnant reserve of $148K all within 18 months...

I really need a guide so i can salvage my port-folio due to the massive dips and come up with better strategies. How can one reach this advisor??

Google Sonya Lee Mitchell and do your own research. She has portfolio management down to a science

I ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.

I'd avoid the index funds, mutual funds, or specific stocks for the time being. The 5% fixed incomes are the safest bet for now. Save your cash for when the market actually shows sign of recovery.

This is why I entrusted a fiduciary with my investmnt decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $850k. My personal best so far

This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

There are many independent advisors to choose from. But I work with Monica Shawn Marti and we've been working together for almost four years and she's fantastic. You could pursue her if she meets your requirements. I agree with her.

I really appreciate your useful advice. I was able to set up a call with her and confirm her identity. She seems incredibly knowledgeable, and I appreciate your advice so much.

You wont be twice young in your life… go for vacation when your 60ty or buy a ferrari as a joke then… what a bolox

How old are you?

You are right.!

That is why I had to start forex trading 2months ago and I now am making benefits from it..

My first investment was with Shanita Creswell, it gave me profit of over $80,000 Us dollar...

I'm glad I was introduced to forex trading and got the best teacher and mentor who helped me understand the financial market l'm grateful to Mrs Shanita 🙏🏻

A common mistake we newbies make is venturing into the market without help and legit guidance

Starting early is the best way of getting ahead to build wealth,investing remains the priority. Forex trading has plenty of opportunities to earn a decent payout,with the right skills and proper understanding of how the market works

I totally agree with you,Forex trading is the most profitable venture I ever invested in,I reached my goal of $500k yearly trade earnings, setting realistic goals is an essential part of trading

Talking about being successful! I know am blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Blossom Jefferson

As a single mom I now make $15,000 monthly all thanks to expert Mrs Blossom Jefferson

Hello I'm new to forex and I have been making huge loses but recently I see a lot of people earning from it,please can someone please tell me what is going wrong

As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.

I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?

As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Gomez. A widely known crypto consultant

I've come across this name before, is he really reliable?

I started working with Alex back in June, and my financial goals have never been clearer. It’s like having a strategic partner for my money with a solid track record.

It upsets me how simple things like this are not taught in school, and then people complain about taxing the rich everyday, as though the rich should pay for their own ignorance. I have been doing the same thing myself, using the market to shield myself from the market. But I hate making mundane decisions, so I just invest through an advisor, making good profits, avoiding taxes, while doing very little work.

@Roland Ray Let us know how it goes. Thanks

Just some ideas because I do not know your situation: If you set up or have a profitable small business and are a high income earner, you can put about $66,000 into a SOLO 401(K) and get a tax deduction for it, or double that if you are married. You can also elect to set up a SOLO ROTH 401(k) and put up to $66,000 in there without any income limitations like you get in a regular ROTH IRA. The downsides of this are that you have to wait until 'retirement age' at 59 and a half, but they are good for lowering taxes in the current year and creating tax balance in retirement. The real estate approach that Cardone mentioned is amazing, especially if you have an ultra-high income. You get instant passive income, and a growing asset with tax breaks due to depreciation! Assuming you like to put your money into the stock market, you can also dollar cost average into the market in a non-retirement account, and as the portfolio grows larger over time, use a portfolio line of credit or securities-based line of credit to use a portion of your portfolio as collateral against a lower interest loan. That is a non-taxible transaction, and becomes more and more feasible as your portfolio grows over time. Personally, I have been focusing on undervalued dividend stocks this year. Another thing is to consider having a larger than normal cash position in your portfolio, like between 10 -20%, but still under the SIPC insurance limits of course. None of this is financial advice just ideas, but feel free to reach out if you want to brainstorm.

I cant understand why we gotta fill out those tax forms. That's like a 13 hour task. Wouldn't it he easier if the IRS just took out the money we owe out of our paychecks. I mean they get our actual tax money, isnt that what matters.

Weren't You Listening To Grant?....Why Put That Type Of Money Into Stocks When There Is No Real Security Behind Stocks (Let's Be Honest)....Having Some Stocks In Your Portfolio Is Good For Diversification, However, Personally, I Would Put About 10-15% Of That Money Into Crypto And The Rest Into Real Estate....

It's possible to statistically measure whether some decisions are wise. In the real world, it’s a lot more harder. We prefer faster gains or simple stories, which can be easily manipulated in other for you to like what you hear but often devilishly misleading. Right now there is little volatility which makes prediction harder & losing capital easier.

@Jon Yes you’re right, there’s more to the market than technicals which is why analysis are best made by or under the supervision of an expert. I’ve had significant increase following the help of a professional.

@@Gregfreemann Forehand I know the powers of coaches too. Coming from someone who's witnessed consecutive ups and downs, debt, getting ripped off trading scams, get rich quick scheme, ponzi. Literal bankruptcy, you name it, Having a coach made it a lot more easier. I know how discipline is essential to grow. Matter of fact having received advice from my coach, I started my pod, a little ytube, and passively earn and hold a $293k ptf with Yvonne Annette Lively. So yes guys, life coaches are indeed important.

@@maryalchester Do you mind if I asked if she's with Morgan Stanley? Talking bout Yvonne Annette Lively

@@maryalchester Looked her up a while back. Haven't made a move yet but her records are detailed. I think it’s nuts averaging a 15% mroi considering the economic decline.

good call l missed this when l watched

😂😂 I stopped right when I seen that😂

Was about to type that. It should have been 600k left.

🤣🤣🤣

Who cares buddy?

You can’t overlook the fact that it’s paramount not to get greedy but to remain invested through careful study, if not you can lose it all.

I have some money saved from day job. I have no idea where or how to invest. How are you doing it, Leon?

It’s not rocket science. As I said previously, I got into stocks, index funds, and REITs, myself but wasn't getting the results I wanted the first couple of months. Got tired of losing and decided to seek mentorship from Jonas Herman, a certified fiduciary who helps oversee my investments.

@@Christensen554 While it may sound enticing, it is important to understand that stocks, like a fine wine or a Monet, has no standardized value. You look all good on the outside, while you wait till almost death to enjoy your wealth which presents an enormous economic(uncertainty) risk.

Comparing stocks to alcohol is nuts if you ask me haha. Over the years, I've been part of numerous investment programs, sifting through a barrage of information. Yet, none comes close to the sheer clarity, depth, and precision of Herman’s instructions and insights. It's akin to finding a diamond in the dirt.

$2,000,000 -$1,000,00 - $200,000 - $200,000 = $600,000 NOT $800,000 like Cardone says. He doesn't even know how to Subtract and you trust this clown?

@shane heried I did check her out,her resume looks top-notch and her website proficient written her

The biggest concern is the corrupt democratic party pulling the strings

Lol....

Concentrate on two main objectives. First, keep yourself safe by knowing when to sell stocks in order to limit losses and maximize gains. Second, get ready to benefit from market changes. I advise consulting a CFP or other professional for advice.

my 401k growth has been stagnant since the 2019. I wouldn't mind consulting the advisor who guides you, I really want to grow my retirement fund since I could retire in 3 years.

@Zahair O'Brian Thanks, I just googled her and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.

Graham too. Don't know why Gary Joe Wilde chose not to own a video channel here like other pros. He is older and even more advanced.

@mackenzie fventes Used to see Chris and Briana vids promoting him. It's been a while though. Learned he is a mentor to quite a good number of reputable pros here.

I prefer Gary's method. Started trading with him last year and in all honesty, wish I had known about him earlier.

$2,000,000 -$1,000,00 - $200,000 - $200,000 = $600,000 NOT $800,000 like Cardone says. He doesn't even know how to Subtract and you trust this clown?

@@Thompson7888 He has a channel here, with the last video posted in 2018. His company, Praesidium Global, entered liquidation in 2020.

The best strategy to use in trading is to trade with a professional who understands the market quite well, that way maximum profit is guaranteed, I'll highly recommend Katrina susan, she is my current trader and her strategies are working

I'm amazed you mentioned katrina susan, she is the best and her strategies works like magic. I've been making over 80% of my investment weekly since I started investing with her trading service

This is not the first time i am hearing of Katrina susan and her exploits, how she handles investments and generates good profits, she has really made a good name for her self, but i have no idea how to reach her

You can reach her through TELE

GRAM

Consistently investing in high quality dividend paying REITs & companies over the long term is a relatively easy strategy to create generational wealth. My "boring" REITs portfolio paid me over $4,000 in dividends last month.

It's time to make high value games! Discounted dividend stocks. Ever grateful to my CFP "HELENE CLAIRE JOHNSON", I now have a six-figure REIT portfolio, which includes, but is not limited to; AMT, SPG & PSA.... I now have 606 shares of AMT which pays dividends of $3800 per year.

It's time to make high value games! Discounted dividend stocks. Ever grateful to my CFP "Helene Claire Johnson", I now have a six-figure REIT portfolio, which includes, but is not limited to; AMT, SPG & PSA.... I now have 606 shares of AMT which pays dividends of $3800 per year.

I want to play the long term game with well diversified fund. Please how can i reach this CFP of yours?

Most likely, you can find her basic information online; you are welcome to do further study.

Ha! You may have missed the principles...

Or just be a broke loser and post hateful comments.. Oh wait, you’re already living that life.

Grant is confusing income tax and capital gains. Does not offset.

@@JP-ne7xj no he isn’t, you’re missing what he’s saying entirely because you want to be critical. Capital gains are paid when you sell real estate unless you 10-31 into like real estate.

Einstein was bad at basic math. Concept is more important

Do you invest in residential property in the UK? If so how have you dealt with no longer being able to properly claim mortgage interest as an expense? Cheers.

@@sidesauce so landlords get 20% off their mortgage for the property the tenant is renting?

Find stocks with market-beating yields and shares that at least keep pace with the market for a long term. For a successful long-term strategy I recommend you seek the guidance a broker or financial advisor.

Very true , I diversified my $400K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $900k in net profit across high dividend yield stocks, ETF and bonds in few months.

@@ThomasHeintz Please can you leave the info of your investment advisor here? I’m in dire need for one.

Elise Marie Terry is my portfolio-coach, I found her on Bloomberg where she was featured, I looked up her name on the internet. Fortunately I came across her site and reached out to her, you can verify her yourself.

@@ThomasHeintz Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals and scheduled a call

I hate that the market can be manipulated by a group of people. they go about kill small investors but i am of the opinion of being unemotional towards the market, don’t FUD or FOMO no matter what, have in mind that the market will always present an opportunity so be patient.

@@IrenaDolinsek I always want to be trading something at my early stages of coming into the market which made me FOMO resulting to me loosing a lot of money, at a point i had to use a manager in the person of KATHLEEN YANELLI CAROLE who grew my $115k capital to $175K in 3 months.

@@Erinmills98 Exactly, i will never go into this market without assistance, please who is this coach that helped you, can you possibly do a referral?

@@AstaKristjan Just go check her on the web, there really nothing much for me to say here.

Might?.. have you been grocery shopping lately? Things are already ugly. The best bet for anyone with a brain is to get in on a passive income stream while you still can, doesn't matter which one it is just get on it and stay committed.

I agree with you and I believe that the secret to financial stability is having the right investment ideas to enable you earn more money, I don't know who agrees with me but either way I recommend either real estate or crypto and stocks.

I agree with you and I believe that the secret to financial stability is having the right investment ideas to enable you earn more money, I don't know who agrees with me but either way I recommend either real estate or crypto and stocks.

Crypto is bringing a different revolution in the world economy. People who are optimistic investors earn consistently.... Others will just sit and watch!.

I've always wanted to trade crypto but got confused with the fluctuations in price

Since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from about $110k since the crash and I would really look to know how to go about this.

There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.

@Dan Brooks Impressive can you share more info?

@Dan Brooks She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.

So many scams...

That’s right! Downturns provide plenty of opportunities for regular people to build wealth from the scratch. However, you may need to get some professional advice from an Investment planner if you need an aggressive return.

Recessions are when millionaires are created. After my portfolio took a big hit in April, I was forced to employ the services of an Investment-adviser who has not only accrued a profit of $250k for me since then but has also taught me how.

Please can you leave the info of your investment adviser here? I overheard someone talking about how a couple made $200k during this red season. I need such luck lol

My advisor is "INGRID CECILIA RAAD". In terms of portfolio diversity, she's a genius. You can look her name up on the internet and verify her yourself. she has years of financial market experience.

Thanks for sharing, I just looked her up on the web and I would say she really does have an impressive background on investing. Will write her an email shortly.

Every day we have a new problem. It's the new normal. At first we thought it was a crisis, now we know it's a new normal and we have to adapt. this year will be a year of severe economic pain all over the nation.

Since the outbreak of 2020, which had a significant impact on the market, I've been running all of my investment decisions through an investment coach because their entire philosophy is centered around using a high-profit oriented blueprint while simultaneously going long and short, as well as reducing risk exposure as a hedge against inevitable downtrends. Underperforming is almost impossible when combined with their access to strange data and analysis.

pls how can I reach this expert, there's bloodbath on my porfolio and I need someone to help me with it

'Sharon Ann Meny' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment

Thanks, i did a quick web search and i found Sharon, i hope she responds to my mail.

Same here, My portfolio has been going down the drain while I try trading,I just don't know what I do wrong.

Cryptocurrency trading is really profitable and in order to achieve success, you'd have to keep emotions out

@@grahampotter6100 Trading is tough and even the best traders have substantial losses along the way

@@ericrobert4651 No matter how much effort I put into my trades, I still make more losses than profits. Trading really is hardwork.

@@aguerozeus9705 No matter how much preparation you put into your trades, what matters is your ability as a trader to use a wide variety of strategies in a disciplined manner. Trading is hard work, to be safe you should probably get an expert to help with more profitable trades.

If you paid any attention to the video, he said get money first then invest. #roomtempiq

Man I see your comments everywhere 😅

@@elmeraraniva9370 dude is literally on social media 24/7.

Thank you Casey, I was looking for a good Taxes book where they teach or talk about all these strategies GC is teaching on the video. What other Tax books do you recommend?

Yes, Tax Free Wealth is packed with gold nuggets of info. It parallels what Grant is saying. I’m on chap 20 of the book. Keep teaching Grant !!! Love it !!

Wow I'm just shocked someone mentioned Expert Mrs Lucy Mary Liam I thought I'm the only one trading with her

Though I started with $1000 but it was successful, it's been four months since I started investing with her and it's been a great experience

Ever since I lost my job with the ministry I have been surviving through my investment with Mrs Lucy Mary Liam, I'm so glad I invested when I did.

I also trade with her and i earn $5,000 every week, all my family have been trading with her and making profits, we love you Mrs Lucy Mary

Despite the economic downturn I'm so happy I have been earning $25,000 returns from my $2,500 investment every 15 days.

I’m going to try it soon 🙌

How to do this with 50k & these rates ?

I hope you're ready to go and fight in the military given this mindset.

lol

This inspired me to get 2,000,000 first 😆

@Pïnned by Grant Cardone sure do u want my bank account and/or social security number?

Impressive insights! Navigating and staying informed can be challenging for newcomers. Are you an experienced investor, or do you adopt a systematic approach to stay well-versed?

Great! Keen to benefit from seasoned advisors amid current challenges. Can you share your advisor's name for supervision?

Investing in crypto and stocks is a good idea, a good system would put you through many days of success

Job will pay your bills, business will make you rich but investment will make and keep you wealthy

Having monitored my port_folio performance which has made a jaw dropping $370k from two quarters alone, I've understood why experienced investors make enormous returns from the market

Interesting, I have a lump sum doing absolutely nothing at all in my bank account, I wanna get something started with it. You seem to be doing excellent for yourself. Do you trade on your own?

I trade with Expert Denise Mitchell, a FINRA regulated broker. Met her sometime early last year at a startup funding event. She had some interesting things to say about the state of algorithmic trading today, very obviously, it's reflecting on my portfolio

Yeah don't worry about the details , ppl feel good about themselves watching these videos and amounts taken out of a hat.

I came here to say this - it's laughable to anyone who knows tax law.

Not only that, depreciation is just deferring that expense. If you sell the property, that depreciation is "recaptured" Although, heirs to an estate receive a stepped up basis and therefore, I believe, don't ever have to pay the taxes right, Chris?

I asked my accountant about this and she said the same thing. So where does Grant Cardone get this? It’s obvious he has done well in RE. Why would he be so off?

@Jerry Brown many reasons, like these KZfaq videos are made to get views, not actually teach you anything. He makes more money by selling his image, KZfaq, etc. Why would a successful investor spend time teaching you for free on KZfaq? Because he makes more money from that, and realizes his other investments are very risky, in comparison to KZfaq

Investors should be cautious about their exposure and be wary of new buys, especially during inflation. Such high yields in this recession is only possible under the supervision of a professional or trusted advisor

Not at all, having monitored edge my portfolio performance which has made a jaw dropping $483k from just the past two quarters alone, I have learned why experienced traders make enormous returns from the seemingly unknown market. I must say it's the boldest decision I've taken since recently.

@@hunter-bourke21 I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?

My financial advisor, '''Camille Alicia Garcia, is a highly qualified and experienced professional in the financial market. She possesses a broad understanding of portfolio diversification and is recognized as an expert in this field.

Thanks, I just googled her I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.

What really guarantees financial security is having multiple streams of making passive income

Diversification is key. 1. Own a profitable business 2. Own real estate 3. 401k or retirement plan 4. Personal stock portfolio 5. Continue to add to each bucket continuously as much as you can. 6. Always keep 10% to 20% cash or available capital to take advantage of investment opportunities.

My wife and I are retiring this year with over $6,000,000 in tax deferred investments. up until 3 years ago we were 100% in the S&P. During bear markets we had a perfect plan. We got an investment manager in our corner and didn’t look at our portfolio for nearly a year. Just kept buying at low prices.

Forex/stock is the best investment anyone could get into. As it could make you rich in a blink of an eye.

it's not recommendable to go into trading or investment when you don't know how it's done, Investing with a good guide is the best way to get started in the trade market. would free you from modern financial slavery....

Who else think this crypto is kinda not easy and he/she is looking for way to start

Sadly these are one of the changes in cryptocurrency profit is not always assured..

Growing an account requires dedication and Patience

Not everyone has the patience and persistence to grow account. Some may end up blowing up their account.

I have been doing this crypto offshore and still in yet to earn my first one million, what strategy do you use please.

True. W2/1099 income is taxed ar the highest rates. I'm currently investing into a lot of dividend stocks. My parents invested heavily into real estate. They earned too much money and banked credits for close to 20 years. Meaning now with multi million dollar net worth. They earn over six figures in passive income. They paid almost nothing in taxes the past couple years. They even received/qualified for the stimulus checks lol. Their taxable income last year was under 40k. Property taxes taxes are their highest expense now.

@@I_like_turtles_67 taxation mathematics

AND you'll eventually have to recapture what you "avoided". I wrote down 2 million this year via an aircraft purchase leveraging bonus depreciation (section 179). It's nice, but it's temporary. The Fed eventually gets their money.

@@sleepyhorses6100 I’m doing my best to understand all that Grant explained, I may have to watch the video a few more times, but I’ve a question to your point, so to continue not paying the taxes or receiving the “tax credit” is that where you continue reinvesting?, so in other words repeating the game?

@@miguelion1007 yeah u repeat the game...own nothing but control every thing

Man chill out

But he's a multi millionaire and your a broke bum🤔

2.4mil-1.6mil

Glad I'm not the only one who caught that . And then 2 million into 200 millions . He should have laid off the last line he put up his nose before making this video .

@@joea5663 LOL, me too.

I’m celebrating a $30k stock portfolio today. I started this journey with 6k. I have invested on time and also with the right terms now I have time for my family and the life ahead of me

Wow, really. I was able to make my $25k on investment

​@@clydeorlan2615I’m looking for something I can venture into on a short term basis, I have $15k sitting in my savings

Assets that can make you rich *FX *Btcoin *Stocks *Gold *Real estate

You’re right but a lot of people remain poor due to ignorance

Yeah or simply left alone when you make your own money

@@Lgo559 100% agree

@@Lgo559 WTF. Then you should pay for private police, roads, schools, water piping, forest management, etc.

@@Jonny17m Don't think small. Buying RE stimulates the economy. A RE agent, Lawyer, contractor, Home depot, Insurance, utilities, etc. I can go on. More expensive real estate requires employees(security, cooks, maintenance, etc). Then all these entities pay taxes. This is how they power the economy. America would be the 4th world if people took no risks.

@@alb12345672 Yeah trickle down effect but it doesn't work.. Just look at the US people are basically living on the streets while people are buying houses for hundreds of millions which don't provide any benefit. The US has become like France under the ancient regime.. Rich people their think they are above the law and act if they are monarchs absolutely crazy place. Every person I know living in the US wants to leave.

Sam I am

@♜Grant Cardon.. atleast spell his name right if you gone try to scam 💀

Uhhh tax brackets go way up the more you make ....

True inspiration💲✌️💰

by the way guys he was scamming and spelt the guy's name like " grant cardon" he deleted his comment by the way. be careful.

They don't pay a greater percentage, they don't pay anything. They TAKE instead. Only the richest pay any taxes. Proof-> kzfaq.info/get/bejne/hLCBp5misdDTln0.html

Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works.

You see in trading cryptocurrency, one requires more than just a primary knowledge of crypto. It is best to trade with an expert to avoid unnecessary losses. It's advisable to have a professional trader/broker who is an expert in the field to help you manage your account.

Venturing into the bitcoin without an adequate orientation with a professional broker for accurate signals, you might lose all your hard-earned money

@@brettdarcy2747 Binary trading is a good and reliable way of building wealth which also create opportunities for crypto Believers.

I am into Real Estate Business, but I took the decision to invest in the Crypto market and I have been getting good returns on my investments. The market is also an effective way to grow wealth.

Thanks for watching For more content Mentorship and Information Hit me up 👆 👆..

SHUT UP SCAMMER

But you don't sell, if you don't owe it and it gives you income, you don't sell and it be income forever

if you sell the property and buy another one , the tax is 0

1031 exchange

@@pardonndlovu1220 If you don't sell then after the property is completely depreciated you will have no deductions. So it is wise to sell and buy another property to reset the depreciation clock.

Reinvest. I do not make millions but the profits I make in my business, I buy stuff for work. People were mad at Amazon not paying taxes. It's because they reinvested into their business. Thats the easy way to do.. other way is to buy art, thats tax free too.

I was getting that impression as well.

Thanks for watching For more content Mentorship and Information Hit me up 👆 👆.

Agreed. He said $4.8mil property can depreciate 2.4m in first year. So he is referring to the 50% bonus depreciation, BUT bonus depreciation does not apply for REAL property !

@@jasn010 it does when you do a cost segregation analysis

@@kennethokin yes bonus depreciation can be taken when you do a cost segregation analysis but that analysis will show that you can depreciation the appliances, etc at 50%, but not the bricks, the framing, the roof, etc. grant is saying all 4.8mil gets 50% depreciation in the very first year

You can't question what he's been doing past and present. Your tax preparer works for you so if their job is to reduce you tax bill regardless as to how it's done. As long as it's legal it shouldn't matter

I guess we figured out what Grant's REAL money-making business is then... that's right, it's YOU... and your insatiable desire for get-rich-quick seminars. I think if you look at the old Tom Vu seminar videos back in the 90s close enough, you can see a young Grant Cardone taking notes in the back row, lol. Don't get me wrong though, people HAVE made countless fortunes in real estate over the last 30 years, but didn't need to take a seminar to teach that. Although maybe that's just what's good for society in general... for the GDP. Get people invested, to get people to then followup and do work. Otherwise, without this attitude of wealth/property accumulation, I guess we'd just be a society of hedonistic savages. This way at least, the "hard working", disciplined people will acquire all the property from the lazy and then we can weed out all the unproductive people in society? Hey, if that's the big plan, then I guess I'm all for it. If so, keep on doing your thing Grant; you truly are doing God's work, lol. But does this jive with the great reset? Or is it even supposed to? The answer to all this, and more! When we return from this short commercial break...

He is just trying to finesse stupid rich people o think notice his math was off in the beginning

Exactly! I was like... "wait a second!" lol

Yup !! So true .

yeah I notice that too, I have an investment property and I can't depreciate all in a year but more like in those 27.5 years

You aren’t aware of the accelerated depreciation deduction rules. It’s a specialized and complex concept. Essentially, it pulls parts of the building out of the 27.5 years and puts the into different depreciation categories that depreciate much quicker. Don’t be so critical, sometimes there are things others know that you don’t. What he’s saying is 100% true and doable.

@Pinned by unbox therapy wrong channel scammer Hahaha

U should have “really laughed” when he took 4 from 10 and got 8 smfh

Do you provide revive that helps to make a decision on where to buy the property and how much to spend , in other words I need initial help to start my baby steps in to doing this I tried to use real estate agents but they don’t have a clue

no doubt, b/c "buying" it would require your earned income.. "investing" mean he'd use his passive income. He's literally taken that curse word called earned income out of his vocabulary, lol

@Pinned by Grant Cardone scam alert

😂😂😂

Thanks Grant..how I need to manage my money is hugely helpful...kind regards

@Pïnned by Grant Cardone◽◽ Can this system be used for white collar workers. I'ma a truck driver just asking..

The true most people today have been having a lot of failure in trading sector because of poor orientation and bad experts

Then I will like to introduce you to an expert, Mr Anthony Duncan fx have been investing with him for months now and it's been awesome

Definitely he will, he has been a very trusted and worthy broker that always makes profit for he's client....

I'm honestly surprised that this name is being mentioned here, I stumbled upon one of his clients testimony last week in CNBC news....

Saw this recommendation some time ago ignored it only to see that someone is earning from him

Correct, good point

Exactly!

Create a company under your name. Go to your boss, quit your job, and let him rehire your one man company to do the same 9-5 except now bill him every 2 weeks. and voila.

I am in agreement with @moumtazkaoukji368. The tax codes do not usually benefit employees. Freelancers and business owners can implement more tax strategies.

@@moumtazkaoukji368 you lose all benefits from that company doing this. good luck with health insurance, good luck with a retirement plan.

I am thinking the same thing. He is advising this for high income people who get paid in payments that are not subjected to pay roll taxes. 9-5 people can still do it, but you need to save enough for down payment or do zero down real estate,(as some books claim it). I am skeptical about taking 50% depreciation in 1 yr.

That’s what I thought haha his original was gold

don’t get Wesley Sniped or Nicky Caged 🤣

@@xquisitesports4221 Man! - I use that phrase all the time lol my friends like wtf is that? Hahah🤣

Matty231 hahaha

Ans2- he said that we can take loan against that property which will be non taxable

​@@divyajain4689And such a loan would have an interest higher than the appreciating percentage of the asset. What if the asset starts depreciating? You'll be pushed ro sell to cover the loan and after the sale you also pay income tax

Can you do 1035 exchange for another property and keep the money?

1) Cost segregation study can pull depreciation forward 2) 1031 exchange to another real estate investment. When you die, the cost basis gets reset to the current market value and erases those capital gains for your heirs.

Grabbing multi-figures in Crypto is possible with the right approach...no doubt Crypto is volatile which we've seen but committed investors are making passive income weekly and more grabbing multi-figures

I'm a newbie in Crypto and holding some Cryptocurrencies in my wallet but I'm scared I'm going to lose my funds due to the recent crash 😫

@@dianaaudibert5745 you don't have to get scared if you plan on a long term holding but if you're hoping to make passive income with coins you've got in your wallet, a professional and genuine broker is advised to manage your account

@@noahsebastian2430 I hope to make passive income maybe weekly or monthly... can you suggest a genuine broker?

@@dianaaudibert5745 you can connect Debbie, I've been investing and trading my cryptocurrencies with her signals and has been nothing short of impressive return of investment

@Poppy Pearce I invest across the top markets but not by myself though. i follow the guidelines of Larry Kent Nick. you might have heard of him.. I can correctly say he's worth his salt as a investment advisor as his diversification skills are top notch, I say this because i see that in him results as my portfolio grows by averages of 20 to 3O% on a monthly basis, unlike i can say for my IRA which has just been trudging along. my portfolio just mirrors what he place and not just on some particular industries of my choosing

@Poppy Pearce Larry Kent Nick Trading

IRS rules that the only person who can offset their earned income with accelerated depreciation from real estate is a real estate professional. To qualify, people need 750 hours per year doing real estate related activities, and the hours they spend on real estate have to be more than those they spend on other trades or professions. So this alone would exclude most artists or athletes he's talking about. Did you follow Grant's methodology and how was your experience?

You live and learn. I blew two funded $50K accounts with Karen L Nancy mentorship program. It's really making me self reflect and be able to see my trading mistakes even more. I got caught up in revenge trading and not walking away when I should have.

That's very practical and smart goal, a wise man once said do everything you can to get outta debt, one of his tips to get rich.

The best approach for novices is to trade under the supervision of an expert, trust me you will be debt free.

Wish I knew about crypto trading earlier.stock is good but crypto is better. Brace up and get yourself a bitcoin before it's too late.

Crypto is the future, investing in it will be the wisest thing to do especially with the current rise.

looking for this lmaoo

Grant does math so big it doesn't even matter!

U had to point that out but not the most important points. Sounds like a hater.

@@rioslife999 hey, you're correct about it not being the most important part. That's why I also said, "I enjoyed the rest of the video, however." No "hater", just got a simple chuckle out of the mis step of simple math.

Main point is he took action and shared the idea. Most don't take action.

Thank you man.

🌺

@@GrantCardone Would be interested in a chat. Ive always wanted to be an entrepreneur and know its in my blood i just need help getting.

She’s a valid broker you can check about her on the internet@Rebecca Leigh Jones

Start selling brother - over $1,000 deals / commission

Buy and sell/ buy low sell high/ look around you people through away stuff you can go get it for sell it

He corrected it later.

this video was so wrong in so many way and completely misleading to the masses. The video is used to most likely attain likes and subscribers and give real CPA's major headaches because of the lack of real knowledge being spit. As you mentioned, you cannot offset your earned income with passive losses. So know you go buy a property with all your cash to generate passive losses and now you need a payment plan with the IRS because your tax bill is the same with interest and penalties accruing on a daily basis because you did not withhold any state and federal income taxes. SMH.

I don't get this...because what he's leaving out is that if your earned income is zero you cant get financed to buy any property (he's figuring that 1.6 million as 30% downpayment) because in doing this you are saying you actually made nothing and everything went to expenses, and you had no income. Therefore you cant borrow money because on paper you are showing you have no income to repay the loan. How can you write off the real estate purchases as an expense if they are for investment purposes?

@@drewskeez1156 depreciation is an expense that does not come out of pocket. Banks don’t use depreciation to calculate your income. Plus. Banks really only look at the property to give loans. If the property covers all expenses and then some they will lend to anyone. Only thing they really look at is your credit score. This holds true as long as its not owner occupied

Please explain further. You can not depreciate your real estate property by 50% in 1 year. That only applies to equipment. In fact, the value of the land can not be depreciated at all. For your 3.7 million dollar commercial property, it has to be depreciated over 39 years, which would be a max of $94, 871 per year, and would actually be a little less due to the land value.

@@jaquevius cost basis 3.7M. 15% went to land and 85% of value to building. It’s accelerated depreciation and you 100% can. Google cost segregation. Literally just did it. All your doing is accelerating the depreciation using a cost seg study which allocates what is allowed and what is not. This allows you, by tax law, to take bonus depreciation (faster) than you normally would.

@@JamesBonadies we are saying the same thing I believe. I just didn’t look at your numbers, and assumed you were agreeing that you could depreciate the entire purchase by 50% like this youtuber stated, which is false. Now that I looked at your numbers, it falls in line with what I was saying. You can ONLY rapidly depreciate upfitting (walls, wiring, equipment etc), but NOT the building. For most buildings ~1|3 of the total expense/purchase price falls into this category, not the entire purchase. Therefore ~67% (or whatever the value of the building itself is minus the segregated assets and minus the land value) MUST be depreciated over 39 years, and you can not rapidly depreciate it. He was saying that you can buy a 4.8 million dollar property and depreciate 2.4 million to reduce your taxable income, and then carry over an extra into future years. Your numbers fall in line with this as you are saying you depreciated just the allowed segregated PORTION which is typically ~1|3. This guy is inflating this however. The other point, is that taking the accelerated depreciation doesn’t always create an advantage, unless you are going to flip the property in a short amount of time. Traditionally, those same upfits that were segregated out in your analysis, are depreciated at 5,7,15 years depending on exactly what it is. It has never required the 39 year timeline. For instance, I have a medical building that I will be keeping for 20+ years. It worked out in my advantage to depreciate those segregated expenses over the more traditional 5,7,15 years (the building still has to be depreciated over 39 years) rather than paying zero taxes in the first couple of years, and then not having the depreciation to offset after that, since I’m in the highest tax bracket. Now if you are either going to flip the property in 2-3 years, it makes perfect sense.

He could have said 400k. But the answer is zero taxes anyway you cut it.

It is remarkable how much long term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.

The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.

Many individuals report success in investing in stocks, forex, and cryptocurrency (Bitcoin), yet I continue to struggle. Can somebody help me out or advise me on what to do?

Even with the appropriate method and assets, some investors will still outperform others. As an investor, you should already know that nothing surpasses experience, and that is final. Personally, I had to seek advice from a stock specialist, which allowed me to build my account by over $35k, extract my profit just before the correction, and now I'm purchasing again.

The greatest technique for beginners is to trade with the supervision of an expert.

Money invested is far better than money saved , when you invest it gives you the opportunity to increase your financial worth.

People prefer to spend money on liabilities, Rather than investing in assets and be very profitable.

Most People fail to understand that living a life without passive income isn't worth much except trying to payoff debts and loans.

Yeah, All passive income ideas work as long as you put the work in. I focus more on crypto/real estate with the assistance of my financial consultant Deborah Q Sharon.

In 2010, I invested $3,000. With the price of bitcoin only US 15 cents at the time, that means I had almost 20,000 bitcoin.

@♜Grant Cardon.. 😉

Very true

A great work demands a great sacrifice and who is not capable of a great sacrifice is not capable of a great work!

Speaking of investment, I have been finding a tough time deciding between mutual funds and real estate investing, anyone with ideas to help me with?

@@benildabituin1531 I'm into real estate investing.

Real estate investing lets people grow their net worth by amassing more and more properties. Its a good long term investment idea due to appreciation.