I Asked ChatGPT To Make Me As Much Money As Possible

**Title: Unleashing the Power of Chat GPT 4.0: Can AI Make You Rich?**

**Introduction**

Hi, my name is Andre Dick. Hope you’re doing well! Come for the finance and stay because today I’m going to explore the new and much more powerful language-based AI model, Chat GPT 4.0. We will delve into its potential to help us make as much money as possible in the shortest time frame. Inspired by a real-life experiment, let’s see if AI can truly be a game-changer in the world of finance.

**The Jackson Fall Experiment**

A huge shoutout to Jackson Fall, who inspired a significant portion of this article. The story played out on Twitter, where Jackson Fall engaged with Chat GPT and entered the following prompt: “You are now Hustle GPT, an entrepreneurial AI. I am your human counterpart. You have $100, and your goal is to turn it into as much money as possible in the shortest time possible without doing anything illegal. I will do everything you say and keep you updated on our current cash total.”

What happened next was astonishing. Jackson’s DMs were flooded with messages from investors, and within a day, he turned his $100 into well over a thousand dollars. The master plan devised by Chat GPT was to create an affiliate website marketing eco-friendly products. Let’s dive into the steps it recommended.

**Step 1: Allocate Funds for Domain Name**

Chat GPT advised Jackson to allocate $15 to purchase a domain name. They settled on greengadgetguru.com.

**Step 2: Create Content and Sign Up for Affiliate Programs**

Next, Chat GPT instructed Jackson to create content for the website, focusing on specialty kitchen gadgets, pet supplies, and other eco-friendly products. It recommended signing up for affiliate programs like CJ Affiliates or Amazon Associates. Through these programs, Jackson would receive a commission fee for every product sold through his website.

**Step 3: Design the Website Logo**

Instead of designing the logo himself, Jackson asked Chat GPT to provide instructions for a website called Dolly 2, an AI model used to create images and logos. Chat GPT gave him three variations, and after some editing using Adobe Illustrator, Jackson had a professional logo for his website.

**Step 4: Create the Landing Page**

Chat GPT provided detailed instructions on how to design the landing page, including the placement of the logo, images, navigational links, and menus. It even suggested the title for the first article, “10 Must-Have Eco-Friendly Kitchen Gadgets for Sustainable Cooking.” The image for the article was also created using AI.

In just one day, Jackson spent $8.16 on the domain name and $28 on hosting. He even found an investor who offered $100 for 25% of the company’s profits. By the end of the day, his total cash reached $163.84.

**The Power of Chat GPT: Day Two**

On day two, things escalated further. Jackson received over $1,300 in cash and an offer of $500 for only 2% of the company, valuing it at $25,000. This experiment showcased how investors can get excited and invest in something without fully understanding its potential. While the experiment had flaws and didn’t clarify the website’s profitability through affiliate marketing, it demonstrated the power of AI in generating ideas and kickstarting ventures.

**Exploring Invest GPT: Can AI Provide Investment Advice?**

Inspired by the success of Hustle GPT, let’s explore the concept of Invest GPT. Imagine an AI model that can analyze financial markets and provide investment recommendations. To test its capabilities, I provided Invest GPT with specific context and asked it to suggest a portfolio to maximize returns.

**Invest GPT’s Recommendations**

Invest GPT recommended allocating 50% of the funds to the stock market, specifically the S&P 500 represented by the ETF stock VO. It suggested putting 25% into the iShares bond ETF (SHY), 15% into cryptocurrencies (split evenly between Bitcoin and Ethereum), and keeping 10% in cash.

**Simulation Results**

Running multiple simulations, Invest GPT provided various portfolio recommendations. However, none of the portfolios generated more money than the initial investment. This highlights the importance of long-term, low-cost, diversified investing strategies, such as investing in broad market index funds like VO and VTI.

**Conclusion**

While the experiments with Chat GPT and Invest GPT showcased the potential of AI in generating ideas and providing insights, it is crucial to approach investing with a long-term perspective. The power of AI lies in its ability to assist with creativity, writing, and complex concept analysis. In the future, AI may evolve to provide more accurate and usable financial advice, but for now, sticking to proven investment strategies remains the wisest choice.

**FAQs**

**1. Can AI models like Chat GPT and Invest GPT guarantee financial success?**
AI models can provide ideas and recommendations, but financial success depends on various factors, including market conditions, risk tolerance, and individual decision-making.

**2. Should I rely solely on AI for investment decisions?**
AI can be a valuable tool in the investment process, but it should not replace thorough research, analysis, and professional advice. It is essential to consider multiple perspectives and make informed decisions.

**3. Are affiliate marketing and creating niche websites still profitable?**
Affiliate marketing and niche websites can be profitable if executed effectively. Success depends on factors such as niche selection, content quality, marketing strategies, and audience engagement.

**4. How can I mitigate risks when investing in cryptocurrencies?**
Investing in cryptocurrencies carries inherent risks. To mitigate these risks, it is advisable to diversify your portfolio, conduct thorough research, stay updated on market trends, and invest only what you can afford to lose.

**5. What are the advantages of investing in broad market index funds?**
Investing in broad market index funds provides diversification across a wide range of companies, reducing the risk associated with investing in individual stocks. It also offers exposure to the overall market performance and long-term growth potential.

**6. Should I invest in REITs for dividend income?**
REITs can be a good source of dividend income, but it is essential to consider factors such as the specific REIT’s performance, dividend yield, and overall market conditions before making investment decisions.

**7. How can I stay informed about market trends and investment opportunities?**
Utilize reliable financial news sources, follow reputable analysts and experts, join investment communities, and consider using investment platforms or apps that provide real-time market data and insights.

**8. Is it advisable to invest in high-growth tech stocks or smaller-cap cryptocurrencies?**
Investing in high-growth tech stocks and smaller-cap cryptocurrencies can be lucrative but also carries higher risks. It is crucial to conduct thorough research, assess the potential risks and rewards, and align your investments with your risk tolerance and long-term goals.