0&&s)if(o){var a,r=(a=e.newCount)>99;s.textContent=r?"99+":a+"",null===(n=s.parentElement)||void 0===n||n.classList.add(Jn)}else s.style.display="block"},f=function(){u.refreshPanel().then(m).then(te).catch((function(){}))};if(e.addEventListener("close-all-menus",(function(){ke(c)||d()})),c){f();var v=setInterval((function(){f()}),3e5);e.onDestroy((function(){clearInterval(v)})),o?l&&l.addEventListener("mouseenter",(function(){p(),null==n||n.show()})):c.addEventListener("mouseenter",(function(){p(),null==n||n.show()})),c.addEventListener("mouseleave",(function(){d(),null==n||n.hide()}))}e.addElementListener(i,"click",(function(){ee("ybar","notification","",{elm:"btn",elmt:"block"===(null==s?void 0:s.style.display)?"newalert":"",subsec:"notification",itc:"1"})})),a&&Se(e,a,"ybar","notification",{elm:"expand",subsec:"notifications",itc:"2"}),e.addElementListener(r,"focusin",(function(){i&&(i.checked=!0),null==r||r.classList.add("ybarMenuOpen")})),e.addElementListener(r,"focusout",d),e.addElementListener(t.tooltipContainer,"focusin",(function(){null==n||n.show()})),e.addElementListener(t.tooltipContainer,"focusout",(function(){null==n||n.hide()}));var y=e.getConfig().device,h=document.getElementById("ybar");h&&h.classList.contains("ybar-ytheme-crunch")&&(io=0);var b=new RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};be("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat(Vn)),notifLabel:document.querySelector(".".concat($n))};t.notifDropdown&&ro(e,t)}))}()}};]]>Caleb NaysmithFri, Aug 1, 2025, 7:01 PM 3 min readGrant Cardone, a prominent real estate investor and financial educator, is known for upending conventional wisdom in personal finance circles. One such recent assertion on Cardone’s social media — specifically, “A HOUSE IS NOT AN INVESTMENT! You have to feed it monthly, mortgage, property taxes, insurance and maintenance.” — directly targets conventional wisdom about the value of owning a primary residence.Cardone’s statement stands out in a culture where purchasing a home is frequently viewed as a primary financial goal and a key pathway to building wealth. For generations, the promise of equity creation and eventual asset appreciation has underpinned the “American dream” of homeownership. However, in his X early July post, Cardone draws attention to the recurring, unavoidable expenses that come with owning a home — which include monthly mortgage payments, property taxes, insurance premiums, and ongoing maintenance. His view is that rather than generating income, these expenditures often consume resources that could otherwise be deployed in assets with better return profiles.With UnitedHealth Under DOJ Investigation, Should You Buy, Sell, or Hold UNH Stock Now?Trump Won’t Take Away Tesla’s Subsidies. Does That Make TSLA Stock a Safe Buy Here?Can AMD Stock Hit $210 in 2025?Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today!Cardone’s authority on the subject is founded in decades of hands-on experience. As the founder and CEO of Cardone Capital, he oversees a multibillion-dollar portfolio of multifamily properties and commercial assets. Unlike many who champion homeownership as an investment, Cardone advocates for those with the means and wherewithal to purchase income-producing real estate, such as apartment buildings and commercial properties, over single-family homes intended for personal use.His own personal and professional history lends a certain credibility to Cardone’s contrarian take. After rising from modest beginnings, Cardone built his fortune through aggressive investment strategies, favoring scalable assets with consistent cash flow over traditional routes like homeownership. He has authored several bestselling books on real estate investing, delivered seminars worldwide, and amassed a large following through his advocacy for financial discipline and entrepreneurship.Cardone’s viewpoint reflects ongoing debates in financial circles about the costs versus benefits of homeownership. Aside from the substantial upfront and recurring expenses, the liquidity and opportunity costs associated with owning a home are significant. Unlike rental properties, a primary residence does not generate passive income, and periods of slow or stagnant price growth can further diminish a home’s investment appeal. Financial advisors have long pointed out that maintenance, taxes, and unpredictable market swings can sometimes leave homeowners with lower-than-expected or even negative returns.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,238.01 -101.38 (-1.60%)Dow 3043,588.58 -542.40 (-1.23%)Nasdaq20,650.13 -472.32 (-2.24%)Russell 20002,166.78 -44.87 (-2.03%)VIX20.38 +3.66 (+21.89%)Gold3,399.80 +51.20 (+1.53%)PortfolioSign in to access your portfolioSign inTop gainersWK Workiva Inc. 84.30 +20.47 (+32.07%)APPF AppFolio, Inc. 319.15 +51.77 (+19.36%)IRTC iRhythm Technologies, Inc. 164.97 +24.79 (+17.68%)BIO Bio-Rad Laboratories, Inc. 284.60 +42.65 (+17.63%)RDDT Reddit, Inc. 188.64 +28.05 (+17.47%)Top losersFLR Fluor Corporation 41.42 -15.35 (-27.04%)ENVX Enovix Corporation 10.71 -2.69 (-20.11%)EMN Eastman Chemical Company 58.79 -13.82 (-19.03%)RIOT Riot Platforms, Inc. 11.03 -2.38 (-17.75%)SATS EchoStar Corporation 26.93 -5.66 (-17.37%)Most activeNVDA NVIDIA Corporation 173.72 -4.15 (-2.33%)AMZN Amazon.com, Inc. 214.75 -19.36 (-8.27%)LCID Lucid Group, Inc. 2.4200 -0.0400 (-1.63%)VALE Vale S.A. 9.71 +0.18 (+1.89%)INTC Intel Corporation 19.31 -0.49 (-2.47%)Earnings eventsTrending tickersBTC-USD Bitcoin USD 112,724.86 -652.95 (-0.58%)XRP-USD XRP USD 2.78 -0.17 (-5.87%)BRK-B Berkshire Hathaway Inc. 472.84 +0.96 (+0.20%)ETH-USD Ethereum USD 3,403.71 -80.87 (-2.32%)CCL Carnival Corporation & plc 29.07 -0.70 (-2.35%)Top economic eventsPowered by Money.com - Yahoo may earn commission from the links above.