“Worst Investment Ever?” Guru’s Advice on Social Media Is Dangerously Wrong
<p>Social media makes it far too easy for “gurus” to make proclamations that reach millions of people.</p>
<p>That wouldn’t be so bad if only their advice wasn’t so dangerous to our financial well-being!</p>
<h2><strong>Case in Point: Grant Cardone’s Recent Instagram Interview</strong></h2>
<p>In a June 2023 <a href="https://www.instagram.com/reel/CtMg6phIbnK/?igshid=MzRlODBiNWFlZA%3D%3D" rel="noopener ugc nofollow" target="_blank">Instagram interview</a> segment, <a href="https://www.capitalism.com/grant-cardone-net-worth/" rel="noopener ugc nofollow" target="_blank">Grant Cardone</a>, entrepreneur, and real estate investor reportedly worth $600 million, implied that 2/3 of Americans (<a href="https://www.bankrate.com/homeownership/home-ownership-statistics/" rel="noopener ugc nofollow" target="_blank">US homeownership rate is 66%</a>) are making a stupid mistake.</p>
<p>He said, “<em>Buying a house — worst investment you’ll ever make in your entire life…</em></p>
<p><a href="https://medium.com/financial-strategy/worst-investment-ever-gurus-advice-on-social-media-is-dangerously-wrong-d423ad5ae730"><strong>Read More</strong></a></p>