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Cash is trash, Cash flow is king (Grant Cardone)
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08-09-2021, 02:52 PM
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#1
Cash is trash, Cash flow is king (Grant Cardone)
You’ve heard the saying, “cash is king,” but what if I told you it’s not? In fact, cash is garbage — inflation eats it. $1,000 in 1960 had the purchasing power of over $8,000 today.
This is why saving money is useless. Personally, I don’t save money; I only store it for a short period of time until I can invest it.
Saving cash is like saving a legal pad — it’s worthless because money, like any paper, is only good when it’s used. If you leave money in savings too long, it disappears.
The infamous cartel boss Pablo Escobar was one of the wealthiest drug lords in history, bringing in $420 million a week in revenue. He spent $2,500 a month on rubber bands just to hold the stacks of bills together, and he wrote off 10 percent of his cash as lost because rats would eat it or it would be damaged by water, or lost.
Saving your money in a bank isn’t much better. It takes 833 years to double your money at today’s bank rates. You can’t even get 1 percent in a savings account. Inflation eats far more than that! You’re literally losing money while saving it.
This is why you should only temporarily store your cash, and then you need to invest the storage.
"Money, like any paper, is only good when it’s used."
The golden goose is only good as long as she lays eggs. If she doesn’t lay golden eggs you can kill her for the chicken, right?
Money needs to make babies, to multiply; otherwise, you might as well spend it as soon as possible.
Think about this: If you look at all the cities and all the villages on earth, they are mostly on transportation routes. The bigger the transportation route, the bigger the village. Ports are valuable because they have lots of lines — things move in and out quickly.
The same is true with money. Cash is not king; rather, cash flow is king.
Here’s what to do with your cash:
Invest in yourself to increase your income
Invest in your business to increase your income
Invest in real assets that produce cash flow
Make sure to take your cash and buy things with it that will make you more cash! Invest your savings. Cash is dead. Cash flow is king.
This is why saving money is useless. Personally, I don’t save money; I only store it for a short period of time until I can invest it.
Saving cash is like saving a legal pad — it’s worthless because money, like any paper, is only good when it’s used. If you leave money in savings too long, it disappears.
The infamous cartel boss Pablo Escobar was one of the wealthiest drug lords in history, bringing in $420 million a week in revenue. He spent $2,500 a month on rubber bands just to hold the stacks of bills together, and he wrote off 10 percent of his cash as lost because rats would eat it or it would be damaged by water, or lost.
Saving your money in a bank isn’t much better. It takes 833 years to double your money at today’s bank rates. You can’t even get 1 percent in a savings account. Inflation eats far more than that! You’re literally losing money while saving it.
This is why you should only temporarily store your cash, and then you need to invest the storage.
"Money, like any paper, is only good when it’s used."
The golden goose is only good as long as she lays eggs. If she doesn’t lay golden eggs you can kill her for the chicken, right?
Money needs to make babies, to multiply; otherwise, you might as well spend it as soon as possible.
Think about this: If you look at all the cities and all the villages on earth, they are mostly on transportation routes. The bigger the transportation route, the bigger the village. Ports are valuable because they have lots of lines — things move in and out quickly.
The same is true with money. Cash is not king; rather, cash flow is king.
Here’s what to do with your cash:
Invest in yourself to increase your income
Invest in your business to increase your income
Invest in real assets that produce cash flow
Make sure to take your cash and buy things with it that will make you more cash! Invest your savings. Cash is dead. Cash flow is king.
08-09-2021, 02:57 PM
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#2
- MyGhettoFantasy
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- MyGhettoFantasy
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Originally Posted By Anachron⏩
I am currently looking to get an $18k condo to purchase in Hawaii that I can then rent out, but I can't spend any of my own money acquiring it. Am I gonna make it?Good job OP.
Maybe you will read "Rich Dad, Poor Dad" and make a thread about that too.
Maybe you will read "Rich Dad, Poor Dad" and make a thread about that too.
The closer we approach the uncertainty of life's ending the more we wish to trade all of the things we have acquired in exchange for all of the things we have lost: wealth for youth, knowledge for fresh curiosity, resignation for hope. We'd trade our wisdom for new experiences, but it is wisdom that will teach us that at the end of the road the only new experience is death.
08-09-2021, 02:57 PM
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#3
08-09-2021, 02:58 PM
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#4
- drlarsrobotnik
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time to get your HUSTLEMAXXXXing on and PROFITMAXXing
08-09-2021, 03:01 PM
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#5
- MyGhettoFantasy
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Originally Posted By Anachron⏩
Broom closet to be exact but it has a window so technically it can be listed as a bedroom if I partion it so that part of the closet remains a closet.How the heck can you get a condo in Hawaii for $18K? Is it like a closet?
The closer we approach the uncertainty of life's ending the more we wish to trade all of the things we have acquired in exchange for all of the things we have lost: wealth for youth, knowledge for fresh curiosity, resignation for hope. We'd trade our wisdom for new experiences, but it is wisdom that will teach us that at the end of the road the only new experience is death.
08-09-2021, 03:02 PM
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#6
- Jms89
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- Jms89
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You and Tai Lopez should talk dawg
This fool's running a Honda 2000
O|||||||O Misc Jeep Crew O|||||||O
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Grumpy Old Married Guy Crew
08-09-2021, 03:03 PM
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#7
Originally Posted By Anachron⏩
You missed the joke brahJust fukin LOL at the poverty example.
I'll take the $1,000,000 and put it in a money market fund - it'll outperform the $50/month right away - by a lot.
I'll take the $1,000,000 and put it in a money market fund - it'll outperform the $50/month right away - by a lot.
08-09-2021, 03:03 PM
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#8
- MyGhettoFantasy
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Originally Posted By Anachron⏩
25 cents net.I can't tell if you're joking or not. What's the ROI?
Lmao I am joking with you fam. The 18$k condo with 25 cents net was an example used in "Rich Dad Poor Dad".
The closer we approach the uncertainty of life's ending the more we wish to trade all of the things we have acquired in exchange for all of the things we have lost: wealth for youth, knowledge for fresh curiosity, resignation for hope. We'd trade our wisdom for new experiences, but it is wisdom that will teach us that at the end of the road the only new experience is death.
08-09-2021, 03:06 PM
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#9
- ChunkBuster
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Originally Posted By Jkm94⏩
Wall Street needs you, brother.You’ve heard the saying, “cash is king,” but what if I told you it’s not? In fact, cash is garbage — inflation eats it. $1,000 in 1960 had the purchasing power of over $8,000 today.
This is why saving money is useless. Personally, I don’t save money; I only store it for a short period of time until I can invest it.
Saving cash is like saving a legal pad — it’s worthless because money, like any paper, is only good when it’s used. If you leave money in savings too long, it disappears.
The infamous cartel boss Pablo Escobar was one of the wealthiest drug lords in history, bringing in $420 million a week in revenue. He spent $2,500 a month on rubber bands just to hold the stacks of bills together, and he wrote off 10 percent of his cash as lost because rats would eat it or it would be damaged by water, or lost.
Saving your money in a bank isn’t much better. It takes 833 years to double your money at today’s bank rates. You can’t even get 1 percent in a savings account. Inflation eats far more than that! You’re literally losing money while saving it.
This is why you should only temporarily store your cash, and then you need to invest the storage.
"Money, like any paper, is only good when it’s used."
The golden goose is only good as long as she lays eggs. If she doesn’t lay golden eggs you can kill her for the chicken, right?
Money needs to make babies, to multiply; otherwise, you might as well spend it as soon as possible.
Think about this: If you look at all the cities and all the villages on earth, they are mostly on transportation routes. The bigger the transportation route, the bigger the village. Ports are valuable because they have lots of lines — things move in and out quickly.
The same is true with money. Cash is not king; rather, cash flow is king.
Here’s what to do with your cash:
Invest in yourself to increase your income
Invest in your business to increase your income
Invest in real assets that produce cash flow
Make sure to take your cash and buy things with it that will make you more cash! Invest your savings. Cash is dead. Cash flow is king.
This is why saving money is useless. Personally, I don’t save money; I only store it for a short period of time until I can invest it.
Saving cash is like saving a legal pad — it’s worthless because money, like any paper, is only good when it’s used. If you leave money in savings too long, it disappears.
The infamous cartel boss Pablo Escobar was one of the wealthiest drug lords in history, bringing in $420 million a week in revenue. He spent $2,500 a month on rubber bands just to hold the stacks of bills together, and he wrote off 10 percent of his cash as lost because rats would eat it or it would be damaged by water, or lost.
Saving your money in a bank isn’t much better. It takes 833 years to double your money at today’s bank rates. You can’t even get 1 percent in a savings account. Inflation eats far more than that! You’re literally losing money while saving it.
This is why you should only temporarily store your cash, and then you need to invest the storage.
"Money, like any paper, is only good when it’s used."
The golden goose is only good as long as she lays eggs. If she doesn’t lay golden eggs you can kill her for the chicken, right?
Money needs to make babies, to multiply; otherwise, you might as well spend it as soon as possible.
Think about this: If you look at all the cities and all the villages on earth, they are mostly on transportation routes. The bigger the transportation route, the bigger the village. Ports are valuable because they have lots of lines — things move in and out quickly.
The same is true with money. Cash is not king; rather, cash flow is king.
Here’s what to do with your cash:
Invest in yourself to increase your income
Invest in your business to increase your income
Invest in real assets that produce cash flow
Make sure to take your cash and buy things with it that will make you more cash! Invest your savings. Cash is dead. Cash flow is king.
You are wasted here.
08-09-2021, 03:06 PM
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#10
- Ravishing_Rick
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Originally Posted By drlarsrobotnik⏩
time to get your HUSTLEMAXXXXing on and PROFITMAXXing
oh lawdtime to get your HUSTLEMAXXXXing on and PROFITMAXXing
*۩*legendary misc status*۩*
No Sloot Can Hurt A Man With Options~ Ravishing_Rick
all my bishes foreign PSN Ravishing_Rick
*No Porn Crew*
onlyfans/ricosmoovey
08-09-2021, 03:10 PM
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#11
08-09-2021, 03:13 PM
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#12
- MyGhettoFantasy
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Originally Posted By Anachron⏩
It's worth a listen (I used audible while walking my dogs) if only to hear someone else's philosophy. It's not something you're going to walk away from with the keys to the palace.Crap, must've been a part I skipped over. I had to skip a lot of stuff, that books is literally written in such a way that anyone with two braincells would be insulted.
I only listened to it recently after years of hearing all of the hype.
The closer we approach the uncertainty of life's ending the more we wish to trade all of the things we have acquired in exchange for all of the things we have lost: wealth for youth, knowledge for fresh curiosity, resignation for hope. We'd trade our wisdom for new experiences, but it is wisdom that will teach us that at the end of the road the only new experience is death.
08-09-2021, 03:23 PM
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#13
- Redfish225
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- Redfish225
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Originally Posted By Jkm94⏩
Can confirm, I am rats.You’ve heard the saying, “cash is king,” but what if I told you it’s not? In fact, cash is garbage — inflation eats it. $1,000 in 1960 had the purchasing power of over $8,000 today.
This is why saving money is useless. Personally, I don’t save money; I only store it for a short period of time until I can invest it.
Saving cash is like saving a legal pad — it’s worthless because money, like any paper, is only good when it’s used. If you leave money in savings too long, it disappears.
The infamous cartel boss Pablo Escobar was one of the wealthiest drug lords in history, bringing in $420 million a week in revenue. He spent $2,500 a month on rubber bands just to hold the stacks of bills together, and he wrote off 10 percent of his cash as lost because rats would eat it or it would be damaged by water, or lost.
Saving your money in a bank isn’t much better. It takes 833 years to double your money at today’s bank rates. You can’t even get 1 percent in a savings account. Inflation eats far more than that! You’re literally losing money while saving it.
This is why you should only temporarily store your cash, and then you need to invest the storage.
"Money, like any paper, is only good when it’s used."
The golden goose is only good as long as she lays eggs. If she doesn’t lay golden eggs you can kill her for the chicken, right?
Money needs to make babies, to multiply; otherwise, you might as well spend it as soon as possible.
Think about this: If you look at all the cities and all the villages on earth, they are mostly on transportation routes. The bigger the transportation route, the bigger the village. Ports are valuable because they have lots of lines — things move in and out quickly.
The same is true with money. Cash is not king; rather, cash flow is king.
Here’s what to do with your cash:
Invest in yourself to increase your income
Invest in your business to increase your income
Invest in real assets that produce cash flow
Make sure to take your cash and buy things with it that will make you more cash! Invest your savings. Cash is dead. Cash flow is king.
This is why saving money is useless. Personally, I don’t save money; I only store it for a short period of time until I can invest it.
Saving cash is like saving a legal pad — it’s worthless because money, like any paper, is only good when it’s used. If you leave money in savings too long, it disappears.
The infamous cartel boss Pablo Escobar was one of the wealthiest drug lords in history, bringing in $420 million a week in revenue. He spent $2,500 a month on rubber bands just to hold the stacks of bills together, and he wrote off 10 percent of his cash as lost because rats would eat it or it would be damaged by water, or lost.
Saving your money in a bank isn’t much better. It takes 833 years to double your money at today’s bank rates. You can’t even get 1 percent in a savings account. Inflation eats far more than that! You’re literally losing money while saving it.
This is why you should only temporarily store your cash, and then you need to invest the storage.
"Money, like any paper, is only good when it’s used."
The golden goose is only good as long as she lays eggs. If she doesn’t lay golden eggs you can kill her for the chicken, right?
Money needs to make babies, to multiply; otherwise, you might as well spend it as soon as possible.
Think about this: If you look at all the cities and all the villages on earth, they are mostly on transportation routes. The bigger the transportation route, the bigger the village. Ports are valuable because they have lots of lines — things move in and out quickly.
The same is true with money. Cash is not king; rather, cash flow is king.
Here’s what to do with your cash:
Invest in yourself to increase your income
Invest in your business to increase your income
Invest in real assets that produce cash flow
Make sure to take your cash and buy things with it that will make you more cash! Invest your savings. Cash is dead. Cash flow is king.
I loe e.
08-09-2021, 03:25 PM
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#14
- DivineMasculine
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- DivineMasculine
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Originally Posted By Anachron⏩
Srs rep also I am pretty sure Cardone is broke.Good job OP.
Maybe you will read "Rich Dad, Poor Dad" and make a thread about that too.
Maybe you will read "Rich Dad, Poor Dad" and make a thread about that too.
The misc is full of a bunch of simp ****ots
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