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This is a summary of a YouTube video "I Asked ChatGPT To Make Me As Much Money As Possible" by Andrei Jikh!
4.3 (51 votes)

The video discusses various investment strategies and the use of AI in finance, highlighting the potential benefits and risks of different approaches.

  • πŸ’°
    00:00
    Jackson Fall made over $1000 in a day by using GPT 4.0 to connect AI and the physical world.
  • 🌿
    01:10
    Create an eco-friendly affiliate website, use AI to design logo and landing page, sign up for affiliate program to earn commission fees.
  • πŸ’»
    03:06
    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.
  • πŸ“ˆ
    05:04
    MooMoo's new supply chain feature simplifies investment by analyzing every step of a company's supply chain, allowing investors to find new opportunities and discover related stocks.
  • πŸ’°
    06:34
    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.
  • πŸ’Έ
    08:34
    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.
  • πŸ’°
    10:48
    REIT ETF Reit down 24.6% since September despite high dividend payouts from Real Estate Investment Trusts.
  • πŸ’°
    11:53
    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.
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Key insights

  • πŸ€– The experiment with Jackson Fall shows the potential for AI to act as a liaison between humans and the physical world, opening up new possibilities for entrepreneurship.
  • πŸ’° ChatGPT's master plan for making money involves affiliate marketing and eco-friendly products, with specific steps outlined for creating a website and signing up for affiliate programs.
  • πŸ’° The experiment shows how startups and tech companies can become overvalued and attract investors who don't fully understand the business, leading to inflated valuations.
  • πŸ’° You can access daily updated short sale data to make more informed investment decisions with Mumu, which is currently offering up to 17 free stocks for new users in the US.
  • πŸ’° The world of finance is constantly changing, and it's important to provide context to AI tools like Gbt to ensure the best possible portfolio.
  • πŸ’Έ The simulation recommended high growth Tech ETF QQQ, which turned out to be down 20% from September, showing the limitations of relying solely on AI for investment decisions.
  • πŸ’° REITs are a great investment option for dividend shareholders as they pay a high dividend yield and are like owning real estate in stock form without physically buying it.
  • πŸ’° Investing in low-cost broad market index funds over 20 years is the key to good investing practices.
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Detailed summary

  • πŸ’°
    00:00
    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.
  • 🌿
    01:10
    Create an eco-friendly affiliate website, use AI to design logo and landing page, sign up for affiliate program to earn commission fees.
    • Create an eco-friendly affiliate website, buy a domain name, create content, and sign up for an affiliate program to earn commission fees.
    • He used AI to create a logo and landing page for his website, with specific instructions given by one AI model to another.
  • πŸ’»
    03:06
    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.
  • πŸ“ˆ
    05:04
    MooMoo's new supply chain feature simplifies investment by analyzing every step of a company's supply chain, allowing investors to find new opportunities and discover related stocks.
    • MooMoo's new supply chain feature simplifies the investment process by analyzing every step of a company's supply chain, allowing investors to find new opportunities and discover stocks related to specific concepts like chat GPT.
    • Check stock performance, analyst ratings, and short sale data to make informed investment decisions; sign up with Mumu for up to 17 free stocks before March 31st.
  • πŸ’°
    06:34
    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.
  • πŸ’Έ
    08:34
    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.
  • πŸ’°
    10:48
    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.
  • πŸ’°
    11:53
    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.
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Q&A

  • How did Jackson Fall turn $100 into over $1000 in just a day?

    Jackson Fall used the language-based AI model GPT 4.0 to act as a liaison between the AI and the physical world, resulting in the significant increase in funds.

  • What are the steps to create an eco-friendly affiliate website?

    To create an eco-friendly affiliate website, you need to buy a domain name, create content, and sign up for an affiliate program to earn commission fees.

  • How did Jackson use AI in creating his website?

    Jackson used AI to create a logo and landing page for his website, giving specific instructions to one AI model from another.

  • Did Jackson's website make any profits from affiliate marketing?

    It is unclear if Jackson's website made any profits from affiliate marketing, as the video does not provide information on this aspect.

  • What are the recommended investments for $100?

    The recommendation for investing $100 is to put 50% into the stock market with an ETF like VO and 25% into iShares bond ETF with ticker symbol SHY, but it is mentioned that current market conditions have resulted in losses.

This is a summary of a YouTube video "I Asked ChatGPT To Make Me As Much Money As Possible" by Andrei Jikh!
4.3 (51 votes)