Shark Tank Star Kevin O'Leary Is Trying to Solve America's Retirement Crisis

It's no secret far too many Americans haven't saved enough money for retirement.

One reason why is because people don't start saving early enough to take advantage of compounding interest.

That's why Shark Tank star Kevin O'Leary, chairman of O'Shares ETF Investments, started Beanstox an app that allows users to invest in fractions of shares of stocks.

O'Leary said those who can't afford a share of Apple AAPL may be able to afford a fraction of a share.

Meanwhile, O'Leary is more bullish on the Russell 2000 index than the S&P 500.

He said the small-cap companies in the Russell 2000 derive most of their revenue domestically and aren't as affected by currency fluctuations.

[brianbauer]

average starting salary 52, 000 per year???? ugh, only engineering majors

[noble]

I'm gonna start doing this. I'm a part time student and airline employee and I needed something like this to get me started in investing, thanks Kevin for caring about the young people trying to build a future

[zamran]

What’s the app Kevin(Mr Wonderful)Can you please link up

[wesjales]

I put small money in this app, its been a long time now and I still dont have it back. This app will not withdraw your money straight to you're bank account you have to wait a really long time and maybe never.