Comments on: My Investment advice for 2006 http://blogmaverick.com/2006/01/02/my-investment-advice-for-2006/ the mark cuban weblog Fri, 19 Mar 2010 07:25:31 +0000 http://wordpress.com/ hourly 1 By: Val Luanzon http://blogmaverick.com/2006/01/02/my-investment-advice-for-2006/#comment-60540 Val Luanzon Sat, 21 Feb 2009 19:23:01 +0000 http://blogmaverick.wordpress.com/2006/01/02/my-investment-advice-for-2006/#comment-60540 Hello Mr. Cuban, I understand that you are willing to help people start their own business. I also understand that you produce movies. Right now, no one can think of a fresh idea for a Horror movie. They are all lame. I have a good idea for a horror movie. It is original and it will be really really scary. With the right, scriptwriter, director and cast, it has a potential to be a blockbuster. Thank you, Val Hello Mr. Cuban,

I understand that you are willing to help people start their own business. I also understand that you produce movies. Right now, no one can think of a fresh idea for a Horror movie. They are all lame. I have a good idea for a horror movie. It is original and it will be really really scary. With the right, scriptwriter, director and cast, it has a potential to be a blockbuster.

Thank you,
Val

]]> By: Stuart http://blogmaverick.com/2006/01/02/my-investment-advice-for-2006/#comment-13165 Stuart Fri, 21 Sep 2007 17:06:46 +0000 http://blogmaverick.wordpress.com/2006/01/02/my-investment-advice-for-2006/#comment-13165 Interesting comments and very useful for everyday life. The best investment a person can ever make is really an investment in their own ablities. Education must be near the top. I tend to focus on developing my skills; hopefully that will pay off. Interesting comments and very useful for everyday life. The best investment a person can ever make is really an investment in their own ablities. Education must be near the top. I tend to focus on developing my skills; hopefully that will pay off.

]]> By: Doug Fleener http://blogmaverick.com/2006/01/02/my-investment-advice-for-2006/#comment-13161 Doug Fleener Mon, 28 Aug 2006 11:04:24 +0000 http://blogmaverick.wordpress.com/2006/01/02/my-investment-advice-for-2006/#comment-13161 Great advice, especially #3. Everyone is always looking for the next big hit rather than spending the time and energy investing in themselves and make the changes necessary to be successful. I recommend to people that in 2006 make it a priority to change or accept the things in your business and in your life that are holding you back, stressing you out, or you find incredibly annoying. I always tell people that door number three never opens. Door number one is to fix whatever the issue is. No whining, just do it. It might be difficult, challenging, stressful, and uncomfortable, but do it anyway. Door number two is to accept whatever it is the way it is. If it isn’t something you’re willing to fix, or is something you can’t change, then accept it and move on. No whining. It’s door number three that gets us in trouble. We’re not willing to go through door number one or door number two so we stand in front of door number three and moan, complain, criticize, feel sorry for ourselves, blame others, and on and on and on. Door number three never opens. Whatever it is, move over to door number one or two and get on with your business and your life. Great advice, especially #3. Everyone is always looking for the next big hit rather than spending the time and energy investing in themselves and make the changes necessary to be successful.

I recommend to people that in 2006 make it a priority to change or accept the things in your business and in your life that are holding you back, stressing you out, or you find incredibly annoying. I always tell people that door number three never opens. Door number one is to fix whatever the issue is. No whining, just do it. It might be difficult, challenging, stressful, and uncomfortable, but do it anyway. Door number two is to accept whatever it is the way it is. If it isn’t something you’re willing to fix, or is something you can’t change, then accept it and move on. No whining. It’s door number three that gets us in trouble. We’re not willing to go through door number one or door number two so we stand in front of door number three and moan, complain, criticize, feel sorry for ourselves, blame others, and on and on and on. Door number three never opens. Whatever it is, move over to door number one or two and get on with your business and your life.

]]> By: ben http://blogmaverick.com/2006/01/02/my-investment-advice-for-2006/#comment-13162 ben Mon, 28 Aug 2006 11:04:24 +0000 http://blogmaverick.wordpress.com/2006/01/02/my-investment-advice-for-2006/#comment-13162 Your closing paragraph opposes the idea behind those those commercials and the idea behind them, because people are enamored of the possibility of becoming rich without making sacrifices to do it... all the advertisements are out there to amp up folks' desire to do exactly that, no matter how unrealistic the possibility. One of my former clients (with whom I still keep in touch) finds and places (senior) chip engineers with new employers - sometimes for contracts, sometimes in permanent positions - and he admitted that he likes making contract placements, because he gets what he calls "dump money." In other words, he can be on the can, and he's still making money. ...This from a guy who works his ass off and has all of the accoutrements of success to show for that. In fact, it's one of the few subjects that'll put a s**t-eating grin on his face. If he's not immune to the idea of free money, then who is? Your closing paragraph opposes the idea behind those those commercials and the idea behind them, because people are enamored of the possibility of becoming rich without making sacrifices to do it… all the advertisements are out there to amp up folks’ desire to do exactly that, no matter how unrealistic the possibility.

One of my former clients (with whom I still keep in touch) finds and places (senior) chip engineers with new employers – sometimes for contracts, sometimes in permanent positions – and he admitted that he likes making contract placements, because he gets what he calls “dump money.” In other words, he can be on the can, and he’s still making money.

…This from a guy who works his ass off and has all of the accoutrements of success to show for that.

In fact, it’s one of the few subjects that’ll put a s**t-eating grin on his face.

If he’s not immune to the idea of free money, then who is?

]]> By: Random Blogger http://blogmaverick.com/2006/01/02/my-investment-advice-for-2006/#comment-13163 Random Blogger Mon, 28 Aug 2006 11:04:24 +0000 http://blogmaverick.wordpress.com/2006/01/02/my-investment-advice-for-2006/#comment-13163 Good post. Seems like sound advice. Do you have an opinion on low cost index funds that track the S&P 500? They seem to offer a better return over a longer time horizon than CD's? Good post. Seems like sound advice. Do you have an opinion on low cost index funds that track the S&P 500? They seem to offer a better return over a longer time horizon than CD’s?

]]> By: Hopluv http://blogmaverick.com/2006/01/02/my-investment-advice-for-2006/#comment-13164 Hopluv Mon, 28 Aug 2006 11:04:24 +0000 http://blogmaverick.wordpress.com/2006/01/02/my-investment-advice-for-2006/#comment-13164 Mark thanks for the great advice! It works for the average Jane like myself! I've never been a fan of brokerage firms and have opted to save money in an High-Yield Savings Account from a reputable internet based bank. I was amazed at the interest I earned in 2005! Mark thanks for the great advice! It works for the average Jane like myself! I’ve never been a fan of brokerage firms and have opted to save money in an High-Yield Savings Account from a reputable internet based bank. I was amazed at the interest I earned in 2005!

]]> By: stock junky http://blogmaverick.com/2006/01/02/my-investment-advice-for-2006/#comment-13160 stock junky Mon, 28 Aug 2006 11:04:15 +0000 http://blogmaverick.wordpress.com/2006/01/02/my-investment-advice-for-2006/#comment-13160 mark C writes: "NO ONE knows what the market is going to do. Not timers. Not technical charts. Not economists, Not brokerage Heads of Research, Not stock pickers. No one." two words -- bill miller. mark C writes: “NO ONE knows what the market is going to do. Not timers. Not technical charts. Not economists, Not brokerage Heads of Research, Not stock pickers. No one.”

two words — bill miller.

]]> By: Ann http://blogmaverick.com/2006/01/02/my-investment-advice-for-2006/#comment-13141 Ann Mon, 28 Aug 2006 11:04:13 +0000 http://blogmaverick.wordpress.com/2006/01/02/my-investment-advice-for-2006/#comment-13141 Great advice! Great advice!

]]> By: Daniel Taylor http://blogmaverick.com/2006/01/02/my-investment-advice-for-2006/#comment-13142 Daniel Taylor Mon, 28 Aug 2006 11:04:13 +0000 http://blogmaverick.wordpress.com/2006/01/02/my-investment-advice-for-2006/#comment-13142 Mr. Cuban, I am going to call you out. You're dead wrong. Your money advice is actually ridiculous. And somewhat hypocritical. If taken, your advice condemns investors to low, or no, gains for a lifetime. Gee, thanks Mark. It is a historical fact that stocks have returned FAR more than interest-bearing investments. Slam dunk. So you yourself don't believe in stocks, Mark? But you yourself exchanged the shares of a lame company for Yahoo stocks. It is the entire basis of your own wealth. The Apprentice remains a far more interesting show than The Benefactor because it is instructive and useful in everyday life. A successful businessperson sets, and achieves goals. I learned nothing from Benefactor. Mr. Cuban,

I am going to call you out.

You’re dead wrong.

Your money advice is actually ridiculous. And somewhat hypocritical.

If taken, your advice condemns investors to low, or no, gains for a lifetime. Gee, thanks Mark.

It is a historical fact that stocks have returned FAR more than interest-bearing investments. Slam dunk.

So you yourself don’t believe in stocks, Mark?

But you yourself exchanged the shares of a lame company for Yahoo stocks. It is the entire basis of your own wealth.

The Apprentice remains a far more interesting show than The Benefactor because it is instructive and useful in everyday life. A successful businessperson sets, and achieves goals. I learned nothing from Benefactor.

]]> By: Dennis Stoll http://blogmaverick.com/2006/01/02/my-investment-advice-for-2006/#comment-13143 Dennis Stoll Mon, 28 Aug 2006 11:04:13 +0000 http://blogmaverick.wordpress.com/2006/01/02/my-investment-advice-for-2006/#comment-13143 I believe that you need to get a service for signaling when the market internals indicate enough erosion to get out. The service should be run by a 25 year plus veteran with a track record documented by independents. I believe that you need to get a service for signaling when the market internals indicate enough erosion to get out. The service should be run by a 25 year plus veteran with a track record documented by independents.

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