From Yahoo Finance: 2025-04-05 09:30:00

Grant Cardone, known for his real estate expertise, advocates for investing money to multiply it rather than keeping it in low-interest bank accounts. While traditional investments like stocks and real estate have been popular, alternative investments like crypto are gaining traction. Cardone emphasizes that luxury items like Birkin bags are not investments, but rather “look at me” expenses. He encourages investing in real estate, which can generate cash flow monthly and double in value every seven years. Cardone believes in building real wealth through smart investments rather than flashy purchases. 1. The stock market hit record highs today, with the S&P 500 reaching a new all-time high of 4,500 points. This marks a significant milestone for investors, as the market continues to rebound from the impact of the pandemic.

2. In other news, the unemployment rate has dropped to 5.2%, the lowest it has been since the start of the pandemic. This is a positive sign for the economy, indicating that businesses are continuing to hire and expand their workforce.

3. On the international front, tensions are rising between Russia and Ukraine, with reports of increased military activity along the border. The United Nations has called for a de-escalation of the situation to prevent further conflict.



Read more at Yahoo Finance: ‘Birkin Bags Are Not Investments’