Reported 1 day ago
Grant Cardone, renowned for his expertise in real estate, criticizes the idea of luxury items like Birkin bags as investments, emphasizing that they are merely extravagant purchases intended to display wealth. He stresses that real estate offers better potential for generating cash flow and building long-term wealth compared to luxury goods, which he argues can hinder financial growth. Cardone encourages individuals to prioritize investing in tangible assets over luxury consumption to achieve true financial success.
Source: YAHOO