ChatGPT: AI We Can Use

I will fill in gaps on financial education very quickly

I Asked ChatGPT

For those that do not know, ChatGPT is a newly-released chat bot, and it is mind-blowing. I asked the following questions. Be prepared to be blown away.

Walking…

Trotting…

Running…

Seriously Though…

I created this short video, asked ChatGPT to create an outline of an advanced Medicare course. Wanna know what? We have addressed all of it in a certain book on the topic and on a certain newsletter (sigh of relief).

Watch this video sample by clicking on the image.

AI Has Limitations, Though (Whew)

I asked “What are the weaknesses of a 60/40 portfolio?”

It’s answer is below, and “not wrong” doesn’t mean “correct.”

A 60/40 portfolio, which typically consists of 60% stocks and 40% bonds, is considered a relatively conservative investment strategy. One potential weakness of this type of portfolio is that it may not provide enough growth potential to keep pace with inflation over the long term. This means that the value of the portfolio's investments may not increase at the same rate as the cost of goods and services, which could erode its purchasing power.

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