Larry Fink: Putting money in the bank is one of the worst financial decisions in life
2026-08-16 17:46:05
According to CoinMeta, as reported by Yahoo Finance, Blackstone Group CEO Larry Fink stated at the 2026 Milken Global Conference that "keeping money in bank accounts is one of the worst financial decisions one can make in life." He believes that the traditional concept of saving money may be a major mistake among Americans today. Fink also pointed out that artificial intelligence (AI) could fundamentally change the way wealth is created, and owners of capital might earn returns that exceed their wages. He suggested that ordinary people should become more involved in investing in order to achieve common growth in economic success.
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Source:Internet
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