20 Genius Things Mark Cuban Says To Do With Your Money
20 Genius Things Mark Cuban Says To Do With Your Money
Valencia Higuera Sat, June 19, 2021
You might have heard this billionaire's name, but who is Mark Cuban and how did he make his money? It's possible you know him as one of the sharks on the hit show “Shark Tank," but Cuban is more than just a TV personality -- he’s also the owner of the Dallas Mavericks and a successful investor. In fact, Mark Cuban's companies are so successful that he made his first million in 1990 after selling his business to CompuServe and then earned a $5.9 billion paycheck after he sold his online streaming audio service to Yahoo in 1999.
Cuban knows how to be rich and successful, and he isn’t afraid to share his insight. Check out Mark Cuban's advice, so you can learn how to budget money and think like a billionaire.
1. Be a Little Bit of a Risk Taker
Talk to any self-made millionaires or billionaires and they might preach the importance of taking calculated risks. Sometimes, risks and rewards go hand-in-hand, as Cuban pointed out in a 2017 interview with Money magazine while discussing the value of investing your savings. He explained that it's possible to save a million dollars, but only if you’re disciplined and take risks. Many who achieve higher levels of financial success aren’t afraid to invest for the betterment of their future -- whether they’re investing in the market, a business or their education.
2. But Only Invest Up To 10% in Risky Investments
If you do take risks in the investment realm, limit the amount you contribute.
"If you’re a true adventurer and you really want to throw the Hail Mary, you might take 10% and put it in bitcoin or Ethereum, but if you do that, you’ve got to pretend you’ve already lost your money," Cuban told Vanity Fair. "It’s like collecting art, it’s like collecting baseball cards, it’s like collecting shoes -- something’s worth what somebody else would pay for it. I’d limit (risky investments) to 10%."
Learn: 12 COVID-Proof Money Tips From Financial Planners
3. Put It in the Bank
In an exclusive interview with Young Money, a personal finance education and media company, Cuban offered this general investing advice and then followed the statement by saying, “The idiots that tell you to put your money in the market because eventually it will go up need to tell you that because they are trying to sell you something. The stock market is probably the worst investment vehicle out there.”
To continue reading, please go to the original article here:
https://finance.yahoo.com/news/20-genius-things-mark-cuban-190057232.html
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Sat. 14 Dec. 2024
Compiled Sat. 14 Dec. 2024 12:01 am EST by Judy Byington
Global Currency Reset:
Judy Note: No one knows the exact timing for notification of Tier 4b (Us, the Internet Group) to make their redemption/ exchange appointments. Iraq has(allegedly) long passed their HCL Law (which was needed to establish the Dinar Rate based on oil prices). The US and Canada started (allegedly) paying VIPs on Wed. 4 Dec, Thurs. 5 Dec, and Fri. 6 Dec. The Iraqi Dinar was (allegedly) being paid at $3.49 in-country. On Tues. 3 Dec. Kurdistan was (allegedly) using the Dinar in-country at a $3.28 rate. Rumor was that the Dong had also revalued and had an unknown in-country rate.
Weekend News With MarkZ
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
MZ: It is finally the weekend! You guys know the drill, we spend the first 45-60 minutes talking with Matt and Lucus at CBD Gurus today. We dive into the news of the day afterwards
Member: GM Mark, Mods and Family! Are we there yet?
Member: I'm wondering how many of the people in here believe that this is our weekend?
The Most Insolvent Bank In The History Of The World Is. …..
Notes From the Field By James Hickman (Simon Black) December 12, 2024
As the 1800s came to a close and the world propelled itself full of innovation and optimism into the 20th century, there was perhaps nowhere else on the planet more admired and envied (except for the United States) than Argentina.
In fact, just like America in the late 1800s and early 1900s, Argentina was overflowing with immigrants from all over the world looking for a better way of life in that land of opportunity.
Good Morning Dinar Recaps,
BRICS NEWS: CALLS TO MOVE AWAY FROM THE US DOLLAR IS GROWING
A handful of developing countries are inspired by the BRICS alliance to ditch the US dollar for cross-border transactions. Emerging economies are taking cues from the bloc to de-dollarize their economies and make local currencies the sole beneficiary for payments. The calls to cut ties with the US dollar are growing and the White House is unable to clamp it down.
Ariel: Are we to Expect Major Announcements from Iraq?
12-13-2024
Iraqi News Update
Are We To Expect Major Announcements?
Governor Ali-Alak of the CBI came out some weeks ago and stated that there is an international anticipation to celebrate an occasion regarding their monetary reform policy.
As he has also recently said that opening channels in foreign and Arab currencies achieves stability in the exchange rate and gradually eliminates the black market.
TNT:
Tishwash: Central Bank Governor: Opening external channels with foreign currencies eliminates the black market
Central Bank Governor Ali Al-Alaq confirmed on Thursday that opening channels in foreign and Arab currencies achieves stability in the exchange rate and gradually eliminates the black market.
The media advisor of the Trade Bank of Iraq (TBI), Aqeel Al-Shuwaili, said in a statement, which was reviewed by "Al-Eqtisad News", that "the governor of the Central Bank visited the Trade Bank of Iraq and appreciated the bank's efforts to expand its customer base of importing merchants and the procedures to facilitate their transactions in a way that contributes to achieving stability in the exchange market."
KTFA
Friday Night Conference Call
FRANK26….12-13-24……AKI…..CALLS ….TOMORROW
This video is in Frank’s and his team’s opinion only
Frank has stated he will no longer do public videos on the Iraqi dinar UNLESS it is Important, Prudent or Necessary.
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
‘Debasement Trade’: Why Gold Is Surging & Fiat Is Failing, How to Exit the System | Jeremy Cordon
Kitco News: 12-13-2024
Gold surged to $2,700 an ounce in 2024, driven by persistent inflation, geopolitical risks, and widespread dollar debasement.
Central banks ramped up gold purchases, and investors sought alternatives to fiat currencies amid global economic uncertainty.
Jeremy Cordon, CEO of Goldback, explained how this growing distrust in traditional monetary systems has fueled the adoption of spendable gold.
Bruce’s Big Call Dinar Intel Thursday Night 12-10-24
Transcribed By WiserNow Emailed To Recaps
Welcome everybody to the big call tonight. It is Thursday, December 12TH and you're listening to the big call. I'm glad we're having people that are listening from all over the globe. We thank you SAT team for getting the signal out to so many countries in their own language. Thank you for everything that you've done for us on the call.
Let's do this. Let's talk about where we are, which we always do.
We did hear that the Iraqi Dinar is trading and is in a trading range 4.00 to 4.20 in Iraq as an in country rate now - as of three days now, it's been between 4.00 and 420 and that's really good.
Good Afternoon Dinar Recaps,
BRICS NEWS: BRICS ANNOUNCE CREATION OF NEW KEY ALLIANCE: WHAT IT MEANS
Amid the shifting geopolitical landscape, the BRICS bloc has announced the creation of a new key alliance that could have massive ramifications. Indeed, the economic alliance has seen its members come together to establish a new collaborative effort to focus on technological growth over the next six years.
The BRICS bloc has ramped up cooperation over the last two years. As Russia has navigated increased Western sanctions following its invasion of Ukraine in 2022, it has looked to its allies in the global south to continue fortifying its global position. That is poised to continue with the launch of this new alliance.