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☆ Why Barbara Corcoran doesn't save money — and how it's made her rich
  + stars: | 2023-05-24 | by ( Anthony Cortez | Ashton Jackson | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy Barbara Corcoran doesn't save money — and how it's made her richEntrepreneur and "Shark Tank" investor Barbara Corcoran doesn't believe in saving her dollars. She abides by the care-free money philosophy learned from her mother: Spend it!
Persons: Barbara Corcoran doesn't, —, it's
☆ Barbara Corcoran says 90% of her 'Shark Tank' investments don't make her money—here's why she doesn't regret any of them
  + stars: | 2023-05-09 | by ( Megan Sauer | ) www.cnbc.com   time to read: +2 min
Barbara Corcoran doesn't want to hear your startup pitches outside of ABC's "Shark Tank." Rather, it's because only one in every 10 of her "Shark Tank" investments actually earns a profit, she said. Because of the high-risk nature of investing, the 74-year-old said she only pulls out her wallet for a select few "Shark Tank" pitches. She's not the only "Shark Tank" investor who feels that way. Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank."
☆ Barbara Corcoran says every successful person she knows has imposter syndrome: 'That's what drives them'
  + stars: | 2023-04-03 | by ( Megan Sauer | ) www.cnbc.com   time to read: +4 min
Corcoran, an entrepreneur and longtime investor on ABC's "Shark Tank," cited herself an example. And on "Shark Tank," it leads her to seek out entrepreneurs who question themselves. "Everyone's got self-doubt," Corcoran said. It may even be a shared experience among "Shark Tank" investors. Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank."
☆ 'Shark Tank' star Barbara Corcoran’s No. 1 piece of investing advice: Don't diversify, ‘money is meant to be spent’
  + stars: | 2023-03-24 | by ( Megan Sauer | ) www.cnbc.com   time to read: +2 min
The entrepreneur and longtime investor on ABC's "Shark Tank" says "money is meant to be spent" — but only in a handful of places. "One piece of advice people hear all the time, and I just don't believe it, is: 'Diversify, don't put all your eggs in one basket,'" Corcoran, 74, tells CNBC Make It. "I put all my money in the real estate basket, my brokerage firm, and everything in there went to buying properties." Corcoran says she's built "a lot of wealth" by investing carefully and watching the market, but not worrying about investing in across different industries. She specifically recommends the real estate approach for young people looking to invest, even if means asking their families for financial help at first.
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