- ๐Ÿ“ˆ Invest 10% of Your Savings in High-Risk Ventures

Cuban suggests allocating up to 10% of your savings to high-risk investments like Bitcoin, Ethereum, or startup capital.

- โš ๏ธ The "Hail Mary" Approach

Treat these investments as if the money is already gone. Itโ€™s a risky gamble with the potential for high rewards, similar to collecting art or rare items.

- ๐ŸŽฏ Why Take the Risk?

For those with a solid financial base, these ventures offer a chance for big returns. But always keep your financial stability intact.

- ๐Ÿ“Š Explore Other High-Risk Investments:

- Startup Capital: Invest in new businesses or side hustles.

- Riskier Stocks: Small or micro-cap stocks with potential high returns.

- Real Estate Crowdfunding: Invest in real estate projects via online platforms.

- Venture Capital Funds: Back startups or early-stage companies.

- ๐Ÿ“ Cuban's Complete 9 Rules to Get Rich:

1. Live Like a Student.

2. Donโ€™t Use Credit Cards.

3. Save Six Monthsโ€™ Worth of Income.

4. Put Savings Into SPX Mutual Funds.

5. Invest up to 10% in High-Risk Investments.

6. Buy Consumables in Bulk and on Sale.

7. Negotiate Using Cash.

8. Read Books.

- ๐Ÿ’ก Final Thought:

High-risk investments can spice up your portfolio, but Cuban advises to keep your financial foundation strong. Consult a financial advisor if you're unsure how to proceed.