Using the language-based AI model GPT 4.0, Jackson Fall was able to turn $100 into over $1000 in just a day by acting as a liaison between the AI and the physical world.
Jackson created a website for Green Gadget products, found an investor, and received offers that valued his company at $25,000, but it was unclear if the website made any profits from affiliate marketing.
In just one day, Jackson created a website for Green Gadget products, found an investor, and received offers that valued his company at $25,000, but it was unclear if the website made any profits from affiliate marketing.
Starting a successful website or social media experiment requires a substantial following and investment in advertising, but it can still be a fun creative process to try.
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Invest in S&P 500, Bitcoin, and 4.75% bonds by 2023, with recommended allocation of 50% in VO ETF and 25% in SHY bond ETF, but be cautious of current market losses.
Invest in the S&P 500, Bitcoin, and bonds paying 4.75% as of 2023.
Investing $100 without doing anything illegal, the recommendation is to put 50% into the stock market with an ETF like VO and 25% into iShares bond ETF with ticker symbol SHY, but the current market conditions have resulted in losses.
Investing in Bitcoin and Ethereum in September resulted in a 15.3% loss, worse than the S&P 500, and recommended investments have also decreased in value.
Investing $15 split evenly between Bitcoin and Ethereum in September resulted in a 15.3% loss, slightly worse than the S&P 500's 13.5% loss in the same time frame.
The speaker ran a simulation multiple times and recommended specific investments, including QQQ, Arc, and iwm ETFs, as well as smaller cap cryptos like Cardano and Solana, but noted that many of these investments have decreased in value since September.
REITs are Real Estate Investment Trusts that pay high dividends, with a payout ratio of at least 90%, and non-qualified dividend income, but the ETF tracking them, Reit, is down 24.6% from September.
Investing in low-cost index funds is a good practice, while risky strategies may not work out, and Chat GPT 3 may provide usable financial advice in the future.
Only three specific ticker symbols outperformed S&P 500, including tech sector ETF xlk, Health Care ETF vht, and Vanguard's Healthcare ETF XLV, but none of the simulations resulted in a portfolio with more money than the initial investment.
Investing in low-cost broad market index funds like VO and VTI over 20 years is a good investing practice, despite risky strategies that may not work out, and Chat GPT 3 is a useful tool for creatives and may potentially provide usable financial advice in the future.