320: CZ "The Future Value of Money"
$5,000 is NOT much money. Money goes where money knows, and people who hate money never have money. Broke people don\u2019t have a target big enough, because to them 5K is a big amount...but the question is, how do you turn 5k into a million? If you had 5k and add $5,000 every year and earn 20% on it, you\u2019ll have $1,125,000 dollars in 20 years. So how to get to 20% returns? If you earn only 10% a year, you\u2019ll have just 320k. If my real estate isn\u2019t making 20% a year I make it when I sell the property. My deals make 20-30% and my bad deals make 15% when I sell them. You need to know the FUTURE value of money. Listen in for more on the Cardone Zone!