Mark Cuban explains why a 401(k) is a no-brainer

Billionaire entrepreneur and "Shark Tank" co-host Mark Cuban stopped by the office to talk about a number of topics. In this video he tells us why investing in a 401(k) is both easy and wise. Mark Cuban is the creator of Cyber Dust, a private messaging app. His user name is +blogmaverick. -------------------------------------------------- Follow BI Video on Twitter: http://bit.ly/1oS68Zs Follow BI Video On Facebook: http://on.fb.me/1bkB8qg Read more: http://www.businessinsider.com/ -------------------------------------------------- Business Insider is the fastest growing business news site in the US. Our mission: to tell you all you need to know about the big world around you. The BI Video team focuses on technology, strategy and science with an emphasis on unique storytelling and data that appeals to the next generation of leaders – the digital generation.

Comments

1. 401k are terrible idea; taxes will go up in future , wall street will eat at least 30% of your life saving and the volatility of the market will crush your savings. it is better to invest in real estate instead
2. +Ricardo Alvarez
   I agree. He also doesn't mention the fact that the stock market continues to grow increasingly volatile given all the behind the scenes antics of investment bankers, hedge funds, high speed trading, etc. and thus the possibility that after years of saving you could lose all of your financial gains to a stock market crash like the one of 2008 is growing.
3. saving $100 a month at 21 years old?
   
   who the fuck does he think we are? 
   
   getting paid around $200 a week these days how the fuck am I supposed save anything? Maybe if I got paid around $400 then maybe I could have something left to save.
4. Deondre Jordan