Billionaire Mark Cuban says we need to build a massive toothpaste stockpile!

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I saw this article about an interview billionaire Mark Cuban (owner of the NBA’s Dallas Mavericks and panelist on NBC’s Shark Tank) did recently and got a kick out of it. I figured some of you might enjoy it too. You can check out the whole interview with Vanity Fair here.

Of course…here’s the part that got my attention:

“It’s so hard to make a return on regular investments that … you’re better off buying two years’ worth of toothpaste when it’s on 50 percent discount…There’s an immediate return on your money.”

Cuban’s strategy applies to “any reusables or consumables that you have to have…When they’re on a huge sale on Amazon, buy them, because chances are, their prices are going to go up. That’s a real savings that you get to put in your pocket.”

He also has a suggestion for where to hide your savings: “the cheapest SPX mutual fund you can find”

I guess even billionaires know a thing or two about stockpiling.

Of course, you can do even better when pairing sales with coupons. In fact, you can go here to print some coupons now

Or…download a smartphone app that will give you cashback for what you buy…like Ibotta and Checkout51.


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Comments

  1. 😂