I don’t know who Grant Cardone is but I like his investment philosophy. It makes sense to me.
- Invest in assets, not lifestyle. Don’t try to improve the quality of your life — your cars, where you live, your shoes, your belts, your purses or your vacations. Invest money in assets that create cash flow.
- Only use the cash flow from those investments to improve the quality of your life
- Continue that until your passive income is equal to your earned income
Seems simple enough. Buy assets that generate an income not liabilities.
