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.”
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5 Frugal Money Habits Americans Can Learn From Other Countries
J. Arky Tue, May 7, 2024
When Americans travel outside of the United States, there’s often a lot of culture shock experienced. The food might be prepared in a unique way and taste the exact opposite of what it is like at home. The languages are obviously different. And the amount of money people spend in other countries for everyday basic items … might not be as much.
This could be due to the exchange rate differences, or, it could just be the frugal habits that non-Americans have adopted in their financial lives.
The U.S. is known for its capitalism, wealth and price tags galore, but that doesn’t mean everyone has to spend a lot of money to meet their needs. Here are five frugal money habits Americans can learn from other countries.
Daily Grocery Shopping
Bruce’s Big Call Dinar Intel Tuesday Night 5-7-24
Transcribed By WiserNow Emailed To Recaps
Welcome, everybody tonight to the big call. It is Tuesday, May 7th and you're listening to the big call, wherever you're located around the globe. We're glad you're tuned in. Maybe the sat team or satellite TV has provided a link for you to listen to the call live in your own language around the globe or maybe you're just listening to English, and that's fine, either way. So we're excited to have you here. That'd be a really good call tonight. And I'm excited to bring my part to you. But before we get there, let's bring the call in
All right, let's talk about where we stand right now. I want to put out something first of all that I heard about yesterday, I think it was - and that was people certain people are putting out stuff online. Somebody put something out about taxation, or this this would be a taxable situation for us - it is not a taxable event. That was something that the Deep State has put out, and I think this was the fifth time they put that out. It's BS don't buy it - not a taxable event period. All right, I put that to bed.
Iraqi Dinar Today Video Updates Wednesday Afternoon 5-8-24
Massive Announcement For Iraqi Dinar Investors – 2:28
Iraqi Dinar ✅New Exchange Rate Released – 3:54
Vetnamese Dong Latest Exchange Rate – 3:59
Dollar In Terminal Decline; The "Experts" Are Failing Us | Andy Schectman
Liberty and Finance: 5-7-2024
Inflation is not going away, says Andy Schectman of Miles Franklin Precious Metals. He argues "this pipe dream of a soft landing and lowering rates is off the table."
The US dollar is in "terminal decline." While the US weaponizes its currency, other countries are slowly joining forces with one another and decreasing their dependence on the US.
The only way to fund the US's massive deficits will be to print currency as many nations stop buying Treasuries, he forecasts.
TNT:
Tishwash: A parliamentary understanding to extend the legislative term to approve the 2024 budget schedules
Member of the Parliamentary Finance Committee, Ikhlas Al-Dulaimi, revealed today, Wednesday, that there is an understanding to extend the legislative term of Parliament to approve the 2024 budget schedules.
Al-Dulaimi said, in an interview followed by Al-Iqtisad News, that “the current situation requires extending the current legislative term of the House of Representatives and postponing its recess for a month until the 2024 budget schedules are approved.”
She added, "The Parliamentary Finance Committee is ready to receive the budget schedules and work on them as soon as they reach the House of Representatives."
She continued, "The current legislative term needs to be extended to complete many important legislations for the coming period, including the budget law schedules for the fiscal year 2024." link
Thank you MarkZ for all your time, and encouragement daily….. PDK
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
Member: Good morning to all: Learn from yesterday, live for today, hope for tomorrow. The important thing is not to stop questioning.
Member: There is sooo very much going on that I am shocked we haven’t gone yet
Member: it's my understanding we're next, it's just a slow crawl getting here. SECURITY is what the military watching and checking for. America is the largest group of currency holders.
Member: So what is new today- Hope something great!
Iraqi News Highlights and Points to Ponder Wednesday AM 5-8-24
An Expert Comments On The Use Of The Iraqi Currency In Commercial Transactions With Iran
Baghdad today - Baghdad Today, Tuesday (May 7, 2024), expert in financial and economic affairs, Alaa Glob Al-Fahd, commented on the possibility of Iraq losing money through its use of the national currency in commercial transactions with Iran .
Al-Fahd told Baghdad Al-Youm, “The idea of commercial dealings being in the local currency between Iraq and Iran is not new today. Rather, it is a decision by the Central Bank of Iraq as well as the Iraqi government to negotiate this issue with more than one country, not just Iran, including Iran.” The UAE".
He explained that “exchange is in the UAE dirham, with China in the yuan, with Iran in the toman, and even with Turkey there is negotiation that trade exchange be in the lira . ”
He continued, "This matter creates confidence in the local currency, when it has value at the global level and this follows the strength of the Iraqi dinar, and this issue does not constitute any loss for Iraq and Iran . "
Currency Insider Video Updates Wednesday AM 5-8-24
Iraqi Dinar Holders Pay Attention Big Day Of RV May 9 2024 – 2:34
Iraqi Dinar Big Move At $4.29 – 2:17
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 Excerpt from the Restored Republic via a GCR: Update as of Wed. 8 May 2024 Compiled Wed. 8 May 2024 12:01 am EST by Judy Byington
Global Currency Reset: (Rumors)
The Gazetteller reported that as of Wed. 1 May the Latin American nations of Colombia, Brazil, and Chile became the first to exchange foreign currency in the Global Currency Reset. The U.S. was expected to lag behind by three weeks but this delay was strategic. It allowed potential security flaws to be patched up before the RV reached American soil.
Tues. 7 May Wolverine: “I have been told to shut up and I can accept that. What I can tell you is that they said that this will be a Golden Week. I don’t want to be a part of anything that would disturb the process. At the moment it is all good. I’m very confident that this is the week that we have been waiting for. Have a beautiful, beautiful day.”
KTFA
Tuesday Night Conference Call
FRANK26….5-7-24…….WHEN I SAY SO
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#