‘Put Money in the Bank,’ Not Stocks, Cuban Says: Chart of Day
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Stashing cash in a bank is a better choice for investors than buying U.S. stocks, according to Mark Cuban, a billionaire entrepreneur who owns the Dallas Mavericks basketball team.
“Something is going to give in this market,” Cuban wrote about stocks in an Aug. 20 posting on his Blog Maverick website. “I want to have as much capital available as possible for when it happens.”