But Invest Only Up To 10% in Risky Investment If you do take risks in the investment realm, limit the amount you contribute

Put It in the Bank In an exclusive interview with Young Money, a personal finance education and media company, Cuban offered this general investing advice

Save 6 Months of Income Aim to have six months worth of income saved in that bank account, Cuban told Vanity Fair.

Find a Way To Invest Inexpensively in the Market If you want to dabble in the market, Cuban advises doing so safely to minimize your risk

If You Don't Fully Understand the Risks of an Investment You're Considering, It's OK To Do Nothing Cuban gave this advice in a blog on his site titled "The Best Investment Advice You Will Ever Get."

Don't Let Fear Be a Roadblock Cuban shared this statement in his book "How to Win at the Sport of Business: If I Can Do It, You Can Do It." Fear is a natural feeling, but it's also one of the worst enemies to success.

Be a Smart Shopper There's a definite connection between being a smart shopper and a savvy investor.

Rarely Take Third-Party Advice on Investment Cuban isn't afraid to march to the beat of his own drum, particularly when it comes to his money and investing.

Go To the Cheapest School Possible for Your Freshman -- and Maybe Sophomore -- Classe College can be an excellent investment in your future and provide the skills and knowledge you need to improve your financial outlook -- but acquiring said knowledge isn't without costs.

Go To the Cheapest School Possible for Your Freshman -- and Maybe Sophomore -- Classe College can be an excellent investment in your future and provide the skills and knowledge you need to improve your financial outlook -- but acquiring said knowledge isn't without costs.

Have Disciplined Spending Cuban knows a thing or two about being disciplined and living frugally -- after college, he moved into a house with five roommates, lived off macaroni and cheese, and drove an older vehicle.