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.
Source:Internet
This content is for market information only and does not constitute investment advice.
Follow HKWDB official accounts to stay updated

Hot Articles
Refresh

'No longer a distant place': F2Pool Co-founder Chun Wang joins SpaceX's 2-year mission to Mars
05-22 18:25

Polymarket Targets Japan Approval Despite Gambling Laws
05-22 18:00

ZachXBT flags suspected exploit involving Polymarket's UMA adapter contract on Polygon
05-22 17:57

ZachXBT flags $520K Polymarket exploit on Polygon, team says funds are safe
05-22 17:24

Verus bridge exploiter returns 4,052 ETH, retains $2.8 million bounty: onchain analyst
05-22 17:24



