Mark Cuban, Financial Guru

Mark Cuban, billionaire owner of the Dallas Mavericks, has been writing about financial issues quite a bit lately on his popular Blog Maverick. I just finished a really good piece about debt, especially credit card debt. Some unconventional advice that makes great sense.

"If it takes selling every stock, bond and whatever you have to pay off your debts, do it. If it means borrowing against your 401k and paying back yourself instead of the credit card or finance company, do it. It is a far better return than you will ever make putting that money elsewhere."

That sounds drastic, but read his reasoning, and then argue about it.

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About Me

Steve DennieCareer-wise, I've been hanging around and writing about and cheering on churches and pastors for the past 25 years as my denomination's Communications Director.
I write primarily for my own amusement. If anyone wants to eavesdrop, they're welcome to it. My heartbeat is serving God faithfully through the local church. But my posts repeatedly stray into sports, politics, movies, and other nonsense.
I've been blogging since 2004, and it's been fun. Please understand that, though I work for the United Brethren in Christ denomination, the nonsense I spew out here comes from my own semi-functional brain in a totally personal, non-official capacity. Yes, that's a disclaimer.

About this Entry

This page contains a single entry by Steve Dennie published on October 21, 2008 8:29 AM.

Rick Warren Interview was the previous entry in this blog.

There Will be Blood is the next entry in this blog.

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