Ironman92;1775445 wrote:http://finance.yahoo.com/news/heres-mark-cubans-advice-winner-135430907.html
Lol that is awful adviceDon’t make investments. You can put it in the bank and live comfortably. Forever. You will sleep a lot better knowing you won’t lose money.
I'd like to hear from other billionairesSportsAndLady;1775450 wrote:Lol that is awful advice
He was basically saying you shouldn't invest bc you don't know WTF you're doing. You don't become a great investor overnight bc you got money. I can see that.SportsAndLady;1775450 wrote:Lol that is awful advice
That is what he saidCommander of Awesome;1775455 wrote:He was basically saying you shouldn't invest bc you don't know WTF you're doing. You don't become a great investor overnight bc you got money. I can see that.
Cuban basically hit the lottery and did well investingCommander of Awesome;1775455 wrote:He was basically saying you shouldn't invest bc you don't know WTF you're doing. You don't become a great investor overnight bc you got money. I can see that.
Depends. If you invest in low risk funds, then its worth it. The reality is most people will think they are some genius and invest in a bunch of high risk sexy ventures and end up blowing all their money.Commander of Awesome;1775455 wrote:He was basically saying you shouldn't invest bc you don't know WTF you're doing. You don't become a great investor overnight bc you got money. I can see that.
With $500M you can essentially have the best wealth management team in the world manage your money.Commander of Awesome;1775455 wrote:He was basically saying you shouldn't invest bc you don't know WTF you're doing. You don't become a great investor overnight bc you got money. I can see that.
Fucker.SportsAndLady;1775471 wrote:Winner in chino hills California.
Saw that it's one of the richest cities in the country. Some rich guy just got even richer lol
Being incredibly intelligent is like hitting the lottery? He hasn't lucked into wealth.Al Bundy;1775459 wrote:Cuban basically hit the lottery and did well investing
It was sold in Chino Hills. Doesn't necessarily mean the winner is rich.SportsAndLady;1775471 wrote:Winner in chino hills California.
Saw that it's one of the richest cities in the country. Some rich guy just got even richer lol
It does nowernest_t_bass;1775495 wrote:It was sold in Chino Hills. Doesn't necessarily mean the winner is rich.
No shit sherlockernest_t_bass;1775495 wrote:It was sold in Chino Hills. Doesn't necessarily mean the winner is rich.
Cuban is an intelligent guy but you can't deny he made his wealth in a very unstable time where he could have easily gone south to zero just as easily as north to billions. If you ask Cuban, he will say he made smart choices and knew how to time to market; if you ask reality, you know luck was a big part of it.iclfan2;1775479 wrote:Being incredibly intelligent is like hitting the lottery? He hasn't lucked into wealth.
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so do 70,000 other peoples grandparents.bases_loaded;1775546 wrote:My grandparents reside in Melbourne for the winter...shes being awfully quiet this morning....
I don't believe this for a second. Sleeper told us rich investors like him don't play the lottery.Azubuike24;1775575 wrote:Apparently the winner in Florida was a hedge fund millionaire who spent over 30K in tickets.
not even close.SportsAndLady;1775471 wrote:Winner in chino hills California.
Saw that it's one of the richest cities in the country.
sleeper;1775308 wrote:Sure it would be nice to win any sum of money. The reality is you will think different once you obtain that kind of money. I know from experience.
Source?MontyBrunswick;1775634 wrote:not even close.
The median income for a household in the city is about 90k.
the average in california is about $70k, so it's a slightly-above average community in california.
Source? Is this not the city?MontyBrunswick;1775634 wrote:not even close.
The median income for a household in the city is about 90k.
the average in california is about $70k, so it's a slightly-above average community in california.