The Controversial Advice from Billionaire Twins Grant & Gary Cardone
In a recent interview with Bonnie Blockchain, billionaire twins Grant Cardone and Gary Cardone made startling claims: buying property is a terrible investment, and saving cash is counterproductive during inflationary turbulence. But what alternative assets do they recommend?
Why Traditional Investments Fail in Today's Economy
The Problem with Real Estate
- Illiquidity and high maintenance costs
- Depreciation after accounting for taxes, repairs, and market fluctuations
- Opportunity cost compared to higher-yielding investments
The Pitfalls of Cash Savings
- Erosion of purchasing power due to inflation
- Near-zero interest rates in most economies
Alternative Assets for Wealth Preservation
👉 Discover inflation-resistant assets that outperform traditional holdings:
Income-Producing Businesses
- Scalable ventures with recurring revenue
- Tax advantages through corporate structures
Digital Assets
- Bitcoin as "digital gold"
- Ethereum and decentralized finance (DeFi) protocols
Commodities & Precious Metals
- Gold and silver ETFs
- Industrial metals tied to technological demand
FAQs: Navigating Inflationary Investments
Q: Why do the Cardones oppose homeownership?
A: They argue that equity growth rarely outpaces expenses, making renting more financially flexible.
Q: How much cash should one hold?
A: Only enough for 6-12 months of living expenses; excess capital should be deployed.
Q: Are cryptocurrencies too volatile?
A: While risky, a small allocation (5-15%) can hedge against fiat currency devaluation.
Q: What about stocks during inflation?
A: Focus on sectors like energy, agriculture, and infrastructure that benefit from rising prices.
👉 Learn strategic asset allocation from investors who've built multi-generational wealth.
Conclusion: Rethinking Conventional Wisdom
The Cardones' perspective challenges deeply held beliefs about financial security. Whether you agree or not, their success demands consideration of unconventional strategies in today's economic climate.