How to Turn $5K into $1 Million - Grant Cardone
$5,000 is NOT much money. Money goes where money knows, and people who hate money never have money.
Broke people don’t 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’ll have $1,125,000 dollars in 20 years. So how to get to 20% returns?
If you have only 10% a year, you’ll have just 320k.
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