The Truth About 401K’s

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401K’s are not ok. Who’s got your money? You don’t want Wall Street having it. They created the 401K and are supported by politicians. They want your money now while you are young, so they make a pitch to the middle class to get people to give every month and keep your money for the next 40 years. You don’t need to go to Wikileaks to find all scams. To invest with somebody like Grant in real estate, they won’t let you because they made laws so that you have to make 200K a year first. They will let anybody invest with Wall Street though. The 401K gives no cash flow! You’re trapped. 2.8 trillion dollars are trapped in 401K’s, and people don’t even know who they are sending their money to. Would you give a stranger on the street corner money? It can be wiped out overnight, people lose 30% of their savings just like that. Don’t do 401K’s for three reasons: 1. You lose access to your money 2. You lose control of your money 3. You lose choices with your money My GCTV is mobile. Get it on: Apple | Android Network With Us: • Subscribe to Grant Cardone TVFacebook – Whatever It TakesTwitter – @GrantCardoneTwitter – @JarrodGlandt Listen To Us On Podcast: • iTunes • Stitcher
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Star of Discovery Channel’s “Undercover Billionaire,” Grant Cardone owns and operates seven privately held companies and a private equity real estate firm, Cardone Capital, with a multifamily portfolio of assets under management valued at over $4 billion. He is the Top Crowdfunder in the world, raising over $900 million in equity via social media. Known internationally as the leading expert on sales, marketing, and scaling businesses, Cardone is a New York Times bestselling author of 11 business books, including “The 10X Rule,” which led to Cardone establishing the 10X Global Movement and the 10X Growth Conference, now the largest business and entrepreneur conference in the world. The online business and sales educational platform he created, Cardone University, serves over 411,000 individuals and Forbes 100 corporate clients throughout the world. Voted the top Marketing Influencer to watch by Forbes, Cardone uses his massive 15 million plus following to give back via his Grant Cardone Foundation, a non-profit organization dedicated to mentoring underserved, at-risk adolescents in financial literacy, especially those without father figures.