"According to Shark Tank star and investment mogul Kevin O’Leary, that means keeping large sums of money in a low-interest savings account is a big mistake.
“Right now in a bank account, you’re getting very little [interest],” he says in a recent interview with CNBC. “And inflation is over 6%. So you’re actually losing money every 12 months.”"
https://www.yahoo.com/finance/news/kevin-o-leary-says-actually-120000682.html
Kevin O’Leary says ‘you’re actually losing money’ in a bank account — do this simple thing with your hard-earned cash instead
https://www.markettradingessentials.com/2022/05/kevin-oleary-says-youre-actually-losing-money-in-a-bank-account-do-this-simple-thing-with-your-hard-earned-cash-instead/
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