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Updated about 3 years ago, 12/08/2021

User Stats

89
Posts
23
Votes
Daniel Cuevas
  • Van Nuys, CA
23
Votes |
89
Posts

Don't start investing until you have $100,000.

Daniel Cuevas
  • Van Nuys, CA
Posted

Once of my favorite entrepreneurs would have to be the one and only Grant Cardone. So naturally I listen to his podcast and follow a lot of his material. One number that he continuously brings up is $100,000 and once you have that kind of money in the bank, its time to start to invest. Which in some aspect I do agree. A 10%on $5000 is just $500 where the same on $100,000 is $10,000, which is much more interesting. 

This ideal comes up quite a bit with other motivators and entrepreneurs, to get first things first and make the money before you invest it. 
This website clearly breaks that mold so the question is, what do you think is the best route? To make all the money and then figure it out or to make some small amounts and work with that? What experiences can you provide with both ends?

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