The Fastest Way to Double Your Money- Grant Cardone

The 'Rule of 72' is a simplified way to determine how long an investment will take to double, given a fixed annual rate of interest. By dividing 72 by the annual rate of return, you can know how many years it will take for your investment to double. The rule of 72 with compound interest was great back when interest rates were higher. If you gave 100K to Bank of America today, it would take 72 years for your money to double. In Japan, it costs you money to keep money in the bank. You need a new vehicle that allows you to:

1. Protect your capital
2. Give you at least a 6-10% return
3. Gives you the possibility of appreciation in the future
4. Gives you tax advantages

The bank is for people who don’t trust in themselves. You need to be doubling your money quicker than what the banks will give you. The house is about protecting money, but it doesn’t give a return or a tax advantage.

I’m seeing doubles in 3 years, 4 years, and 5 years investing in multi-family apartment buildings. This is the new compound interest. Don’t wait until you are 90 years old for your money to double!

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Grant Cardone Career and Bio
TV Undercover Billionaire
Founder -  10X Movement Business Conferences Worldwide
Author -  The 10X Rule. (Plus eight more biz books)
Philanthropy Grant Cardone Foundation - Support kids without fathers.
The information provided is for convenience only. It is not investment advice or a recommendation, it does not constitute a solicitation to buy or sell securities, and it may not be relied upon in considering an investment in a Cardone fund. Past performance is no guarantee of future results. Any historical returns expected returns or probability projections may not reflect actual future performance. All securities involve risk and may result in partial or total loss. Investment in Cardone funds is available only to independently verified “accredited investors” through an offering made in accordance with Rule 506(c) under Regulation D of the Securities Act of 1933. Before investing in any Cardone fund, prospective investors should consider carefully the investment objective(s), risks, arches, and expenses. While the data we use from third parties is believed to be reliable, we cannot ensure the accuracy or completeness of the data provided. Cardone Capital does not provide legal or tax advice. Prospective investors should consult with a tax or legal adviser before making any investment decision.

[WoodbridgeGuy]

Grant Cardone. I would say that this was one of your Best Youtube Vids. Sometimes people need to hear the Truth from an experienced person. Keep bringing great content.

[omm]

man if i had £1, 000, 000 i would sit back and let grant pay be me 10% the rest of my life and be happy...

[keithsnow]

Banks are paying 7 to 8.6 percent right now in Mexico.

[SharifSourour]

Very cool. I wonder if Grant has done a collaboration with Dean Graziosi.

[andrewcarper]

What's the minimum investment you would take?? Asking as a 23 yr old work horse (real estate, appraisals, soon to be investments)... only have so much money but i know a good opportunity when I see one!

[MattLoberstein]

But appreciation has been on a huuuge upswing. Are you saying that when everything takes a dump, you'll just hold for 10, 20, 30 years instead of 3-4 to get that doubling?

[DotNetHow]

"I am obsessed and refuse to have an average life. #BeObsessed "
Thanks for the book! :)

[rollinghillstrucking]

GrantCardon do you believe in investing in townhouses as well?

[jacobbecker]

Grant this is a sweet video man I want that ticket

[jacobbecker]

Your YouTube channel is always helping people get their money right. It's pretty cool. I want that ticket

[fj]

if i get that ticket my parents will be oblige to accept my entrepreneurial journey, i want that ticket🙏🏾