From Yahoo Finance: 2025-04-17 12:30:00

Grant Cardone shared a TikTok video demonstrating that keeping money in the bank is like setting it on fire. He argued against saving money and advised investing in assets for long-term wealth. Banks use customers’ deposits to grow their money, making saving ineffective against inflation. Cardone recommended investing in assets like real estate for cash flow and growth. Financial institutions use customers’ money to gain resources, while investors should assess risk tolerance and financial goals before investing.



Read more at Yahoo Finance: ‘You’ve Been Burning Your Money’