©Grant Cardone
Commitment to our readers
The GOBankingRates editorial team is committed to providing you with unbiased reviews and information. We use data-driven methods to evaluate financial products and services – our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our review methodology for products and services.
20 years
help you get rich
trusted by
millions of readers
It’s tempting to chase the latest trend when deciding where to invest, but private equity fund manager and real estate investor Grant Cardone said that’s the wrong approach.
“Don’t chase trends because every week there’s a different trend,” says Cardone, who will host. 10X Wealth Summit May 16-17 in Miami, GeoBanking told Reuters. “Gold was there two weeks ago, silver was there a week ago, oil was there this week. Don’t chase trends.”
Instead, focus on assets that have long-term growth potential. Here are two investments recommended by Cardone this year.
Real Estate: The Cash-Flow Investment That Can Aid in Retirement
Cardone recommended investing in real estate that would generate cash flow from rental income. If investors don’t have enough cash to invest, he recommended using money from retirement accounts.
He said, “I would take my retirement account and direct it myself into a real estate deal that has cash flowing in and let it be my retirement income 30 years from now.” “The biggest retirement hack in the world is to convert a retirement account invested in stocks into a cash-flowing stable asset.”
According to Cardone, real estate provides both capital protection and income that can grow over time.
“You protect your capital and get cash flow, and those rents grow over the next 30 years,” Cardone said. “In 30 years, when you’re ready to retire, you’re taking out cash flow; you’re not taking out real capital.”
Energy: A long-term game beyond AI and tech trends
While there is a lot of buzz around investing in artificial intelligence, Cardone believes energy is the strongest option for a long-term bet. This may include energy-related stocks or energy ETFs. He cited continuous demand as the main reason.
“Energy will win even if AI fails, because AI needs energy to function,” he said.
Why Long-Term Asset Focus Beats Market Timing
Regardless of the asset, Cardone emphasizes concentration and patience over short-term market timing.
“Pick one or two things, and work on it long-term,” he said, “and don’t worry about 2026.”
Editor’s Note: This article is for informational purposes only and does not constitute financial advice. Investing involves risk, including possible loss of principal. Always consider your individual circumstances and consult a qualified financial advisor before making investment decisions.