This Memorial Day, we remember the many people whose courage shaped who we are as a nation. Their sacrifice is the foundation of the freedom we enjoy every day, and we are grateful for their service.
I fell in love with this scripture:
“There will come a time when your tears will fall, not because of your troubles, but because God has answered your prayers.”
— 𝖧𝖠𝖡𝖠𝖪𝖪𝖴𝖪 𝟤:𝟥
Another busy day of yard work and and projects around the house. Grateful for time spent with family today! Trying to catch up on the news for today, nevermind, I'm going to bed! See you for coffee in the morning.
Good night 😴
No one cares about your money or your future like you do. Learn how to invest; control your financial destiny. It starts with sound criteria and proper risk management. Have a great day.🤑
No one cares about your money or your future like you do. Learn how to invest; control your financial destiny. It starts with sound criteria and proper risk management. Have a great day.🤑
Had a great time chatting with @andrewrsorkin yesterday about the upcoming @RobinHoodNYC gala! With income loss expected for lowest earning Americans this year, Robin Hood's anti-poverty work is more critical than ever. Please join me in the fight against poverty and celebrate the work of Robin Hood as we gather at our annual benefit next week, or donate at https://t.co/ykf8ClIuI3
Capitalism works best when it's an engine of opportunity for as many people as possible. American business is at its strongest when it’s aligned with the priorities of the American people. Learn more about what American workers value in business through the @JustCapital "Don't be Greedy, be Just" campaign: https://t.co/89XSPxOf20
It was great chatting with CNBC's @andrewrsorkin and @HPE 's Antonio Neri about JUST Capital's annual company rankings, a great barometer for what the American public is looking for in an employer, namely providing a fair living-wage, and ethical and moral leadership. Congratulations to HPE and @ntonioneri_hpe for ranking first place for the second year in a row.
Addison Place, Naples. Concrete Block, Great Amenities, fantastic location, 94% occupied and cash flow positive. Wish I could Fund 5 or 6 likes this.
entire article https://t.co/Yx1wZxtiMF
Dave: "Hello caller, you're on the air."
Caller: "I put all my emergency savings into an investment."
Dave: "Oh no. How much did you lose?"
Caller: "It made $5m in 37 months."
Dave: "Well you got lucky."
Caller: I converted my 401k into a similar investment & borrowed $8M."
Dave: "that’s the most irresponsible thing I’ve ever heard."
Caller: "It’s worth almost $20M and cash flows to me at $80,000 a month."
Dave: "That's speculation."
Caller: "I sold my house and used all the equity & borrowed another $15M to do the same thing."
Dave: "What is wrong with you?"
Caller: "Dave the investment is worth $250,000,000 today and I’ve refinanced it twice returning all my equity plus $100M, tax free."
Dave: “How many times have you heard me say All debt is bad debt?”
Caller: “I started raising money from friends, family & customers and now I am doing it for them.”
Dave: “Partnerships are risky.”
Caller: “I have 20,000 investors & sent out $100m in cash to them last year.”
Dave: “Who are you?”
Caller: Grant Cardone, CEO of CardoneCapital, $5.3B of real estate holdings, and $2.2B in debt and free cash flow of $112M.”
Dave: Hangs Up
As money supply expands real assets, like real estate, continue to increase in value. Anything interfering with the asset’s appreciation; maturing debt, partner disagreements, lawsuits or the likes disrupt investors’ returns.
I watched a partnership disagreement force the sale of an asset earlier than planned cost investors their equity and the upside.