I’ve been playing with AI again and this time I asked it about various financial retirement scenarios but this one feels worthy of sharing. Background: I asked ChatGPT to allocate the following buckets of money from various retirement accounts from whatever ETFs it thought was best. The table below represents how ChatGPT allocated the funds…
Category: AI
Artificial Intelligence related
New ToolBox Page
It can be overwhelming trying to deal with everything in personal finance. The list below is something AI generated for me when I asked for a cradle to grave list of things related to personal finance. I don’t have a list of tools for all of those things but I do have one for the…
AI, Panic & Dependency
I now use AI almost on a daily basis and I hadn’t thought about how dependent I am becoming on it until it stopped working. Earlier this week I asked AI to create some images for me and it refused to do so. I am not sure if it was a technical glitch, AI didn’t…
AI: Using The Pareto Distribution For Investing
AI is starting to know me too well. I was working on fractal image generation related to something I was researching but my conversation with AI turned to finance as I had just asked AI about finance right before I started the fractal talk. AI suggested if i was interested in knowing how to leverage…
AI: Analyzing Asset Class & Sector Performance Returns With AI
Here’s another quick and amazing way to analyze data with AI. I visited this website and found the chart below. I wanted to know quickly which asset class had the best returns during the time period. Normally I would type the data into excel and start running averages but I decided to let AI do…
Using AI As A Financial Advisor
I’ve been using AI as a financial advisor and I have some stories to tell but I need to pace myself so let’s start with some a walk down ETF street. I asked AI to help me review a list of ETFs and told it that I wanted to put these ETFs into one of…
AI: Spend Less Than You Earn or Earn More Than You Spend?
I don’t know why I hadn’t asked AI the age old question in personal finance around spending less than you earn or earning more than you spend. Here is the answer that AI spat out. Both spending less than you earn and earning more than you spend are essential strategies for building financial security, but…
CNBC’s “Official” NFL Team Valuations – Wrong!
Regular readers of this blog know that I like to dive into the numbers behind different things such as this recent post on Olympic gold medals, or this one on stock market exchanges or this one about U.S. state’s prosperity. All three of those posts have something in common, it’s the Pareto Distribution. When I…
What Is Your Decumulation Retirement Strategy ?
If you’ve been reading this blog for some time you know the core theme has mostly been about earning money, growing & investing money, and tax strategies around money but I honestly never thought about decumulation until I had another deep dive conversation with AI about retiring. Decumulation Strategies Recommended By AI Decumulation strategies in…
Are Humans Currency For Gods?
Ever wonder what the meaning of life is? Today’s post is about personal finance for gods so if you’re not a god, you can skip this post. My wife and I started watching a Netflix show called Kaos with Jeff Goldblum. It’s a show about the old Greek gods and it’s funny and entertaining. As…