Grant Cardone Explains How to Get Rich by 30

Here what Grant Cardone, American entrepreneur and author, has to say about people investing while still in their 20s. His controversial suggestions include not to:

  • Borrow money to go to college
  • Save for “a rainy day” or “the future” or “retirement

If your goal is to be wealthy by the time you hit your 30s, Cardone says:
“Save for the opportunity to invest. And when you make that play, don’t diversify. Go all in on one thing. And you want that one thing to be a sure thing.”

Herbalife Settles with the FTC

Herbalife agreed to pay a fine of $200 million and to restructure their business operations. According to the Federal Trade Commission Chairwoman Edith Remirez, the fine will be used to compensate the distributors who have suffered losses. The company will also pay their workers according to retail sales rather than on how many new sales people they recruit. In exchange Herbalife was able to avoid being labeled as a pyramid scheme. As a result of the ruling Herbalife’s stock shot up by over 14 percent.

 Herbalife branded car. Photo by: Philafrenzy

Herbalife branded car. Photo by: Philafrenzy

US Ambassador Says Turkish Coup Attempt Predictable

Ambassador to Turkey Nicholas Burns describes the attempted coup in Turkey. He explains that there has been a high level of distrust between that country’s military establishment and President Recep Tayyip Erdo?an. The military has a strong component who are secular Muslims, who are opposed to Erdo?an’s support of fundamentalist Islamists.
For more insights into the causes of the attempted coup, listen and watch.