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Billionaire Mark Cuban Says If You Have $100K, Buy Bulk Toothpaste And Soup For The 'Best' ROI—The Rest? Let It Sit In The Bank Earning 'Nothing'
Yahoo Finance· 2026-01-13 16:46
Core Insights - Mark Cuban's financial strategy emphasizes practical savings over traditional investment methods, focusing on bulk purchasing of everyday items to maximize transactional value [2][3][4] Group 1: Financial Strategy - Cuban suggests paying off all credit card debt first before allocating remaining funds to savings [1] - He advocates for buying in bulk on essential items to achieve significant savings, claiming a potential return on investment (ROI) of 30% to 50% [2][3] - The strategy is based on the idea of locking in savings by purchasing items at lower prices rather than investing in high-risk assets [2][3] Group 2: Cash Management - Cuban prefers to keep leftover funds in the bank, accepting minimal returns, to maintain flexibility for future investment opportunities [4] - This approach prioritizes readiness to act over short-term financial gains, indicating a strategic mindset focused on long-term benefits [4]