The Truth About 401K - Young Hustlers Sneak Preview

401K’s are not ok. Who’s got your money? You don’t want Wall Street having it. They created the 401K and are supported by politicians. They want your money now while you are young, so they make a pitch to the middle class to get people to give every month and keep your money for the next 40 years. You don’t need to go to Wikileaks to find all scams. To invest with somebody like Grant in real estate, they won’t let you because they made laws so that you have to make 200K a year first. They will let anybody invest with Wall Street though. The 401K gives no cash flow! You’re trapped. 2.8 trillion dollars are trapped in 401K’s, and people don’t even know who they are sending their money to. Would you give a stranger on the street corner money? It can be wiped out overnight, people lose 30% of their savings just like that. Don’t do 401K’s for three reasons: 1.You lose access to your money 2.You lose control of your money 3.You lose choices with your money

Comments

1. Thats messed up man. i never knew this. its AMAZING how much the government screws us over. And it seems like they're doin it at every corner. smdh
2. https://soundcloud.com/off-season-1/stats/plays/2016-10-25/2016-10-31/expanded
   To the office of Grant Cardone! This is OFF!!SZN, I know you guys like Electronic music, check out my latest Halloween theme track "Purge Jam"! Hope you enjoy the sppoky vibes. :D
3. 401(K) Ok, Maybe? But a Retirement portfolio in General isn't a Scam!! You just have to know what to look for, and what to avoid. I just read Tony Robbins New book on investing for Retirement, and it makes a TON of sense, but the majority of people would never realize the Trap they are setting themselves up for without Reading that book!!
4. Canadian equivalent to RRSP
5. Great show and agree College sucks even worst when they ask you to intern for free.#Brutal
6. Amen. I don't trust em.
7. I don't get it. A mortgage is good right? Because you're building equity in your home. Whereas renting is a loss month after month. Someone explain this to me please
8. I've been saying this for years.
9. You can always trust Grant to shake you up haha
10. Awow Grant looking good ;) As always 😊😋😎😇😏