Grant Cardone Says a House Is a ‘Terrible Investment’: Do Fellow Experts Agree?
From Yahoo Finance: 2025-03-30 10:00:00
Real estate mogul Grant Cardone sparked controversy by calling homeownership a “terrible investment,” suggesting renting and investing elsewhere. Financial experts weigh in, with some agreeing on the lackluster returns of owning a home compared to other assets. However, they note the intangible benefits and long-term security it offers. Ultimately, the decision depends on individual circumstances and goals. 1. The CDC announced that fully vaccinated Americans can now go without masks in most indoor and outdoor settings, citing the decreasing number of COVID-19 cases and the effectiveness of the vaccines in preventing transmission.
2. The Colonial Pipeline, which supplies nearly half of the East Coast’s fuel, was hit by a cyberattack, leading to widespread gas shortages and price increases. The FBI confirmed that the attack was carried out by a criminal group known as DarkSide.
3. Elon Musk announced that Tesla will no longer accept Bitcoin as payment for its vehicles due to environmental concerns over the cryptocurrency’s energy usage. This decision caused the value of Bitcoin to plummet by over 10%.
4. The FDA authorized the Pfizer-BioNTech COVID-19 vaccine for emergency use in adolescents aged 12 to 15, following clinical trials that showed the vaccine to be safe and effective in this age group. This expansion is expected to help increase vaccination rates among younger populations.
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