A Bitcoin Warning For ALL Investors Bitcoin, the world’s most popular cryptocurrency, has been making headlines for its meteoric rise in value over the past decade. In just a few short years, Bitcoin has gone from being a niche asset to a mainstream investment option. As the price continues to surge, many investors are jumping […]
The Rise of Cryptocurrency: A Comprehensive Guide to Investment Insights Cryptocurrency has taken the financial world by storm, revolutionizing the way we think about money and investments. With its decentralized nature and potential for high returns, it’s no wonder that more and more people are considering investing in cryptocurrencies. In this article, we will explore […]
The world is witnessing a significant shift in the way money is being perceived and utilized. With the recent unveiling of the world's first digital currency by China, major countries are now exploring the possibility of introducing their own digital currencies. This article delves into the concept of Central Bank Digital Currencies (CBDCs) and their potential impact on the global economy. From the Federal Reserve's evaluation of a digital dollar to the concerns surrounding privacy and control, we will explore the key aspects of CBDCs and their implications for individuals, governments, and the future of money.
Hi my name is Andre dick hope you're doing well come for the finance and stay because today I'm gonna ask the new and much more powerful chat GPT 4.0 a language-based AI model to make us as much money as it can in the shortest time possible now I'm going to give aHuge shout out to Jackson fall who inspired a huge portion of this video If you haven't seen this before this story played out on Twitter where a guy by the name of Jackson fall went on chat.open.ai and enter to this you are now hustle gbt an entrepreneurial AI IAm your human counterpart I can act as a liaison between you and the physical world you have one hundred dollars and your only goal is to turn that into as much money as possible in the shortest time possible without doing anything illegal I will do everything you say andKeep you updated on our current cash total no manual labor so that's what he entered into chat GPT and the experiment began you're not gonna believe what happened next his DMS were flooded with messages of offers from investors where he was able to turn a hundred dollars into well overA thousand in just a day so here was the master plan that it came up with it told him to create an affiliate website marketing specifically eco-friendly products step one it told him to allocate fifteen dollars towards buying a domain name they settled on greengadgetguru.com step two it told himTo create content for this website focusing specifically on specialty kitchen gadgets pet supplies and other eco-friendly products now once that was done it told him to sign up to an affiliate website like CJ Affiliates or Amazon Associates and if you're not familiar by the way with how affiliate marketing works it's really easyBasically once you sign up to these websites which anyone can do you will get your own special link for virtually anything that's being sold on the internet and if someone else clicks your link and buys that product then you will get paid a small commission fee without actually doing any anything yourselfMinus the initial setup step 3 was to design the website logo now instead of doing one himself though he asked chat CBT to create a specific set of instructions for a website called doll E2 which is another free AI model that's used to create things like images andLogos now after asking that chatgpt gave him three variations which he copied and pasted into Dolly too and this was the logo that he got he used Adobe Illustrator to clean up the logo and this is the final result basically he instructed one robot to instruct anotherRobot to do something and then it did step four he then asked it to create the landing page and the details of where everything should be and it gave him an oddly specific set of instructions like where to put the logo in the upper left hand corner to create a column of fiveImages the navigational links and menus and where they should be placed and it even gave him the idea to his first article titled 10 must-have eco-friendly kitchen gadgets for sustainable cooking and even the image itself was created using AI AI now it was so specific that it was even able to reference severalSustainable green Gadget products that he was able to find and link to on Amazon all in all this was the finished website in just one day I don't know about you but that is just mind-blowing all in all he spent eight dollars and sixteen cents on the domain name andAnother 28 dollars for hosting and he was even able to find an investor at the end of the day that offered a hundred dollars for 25 of the company's profits bringing the grand total at the end of one day to 163 dollars and 84 cents but it didn't stop there because it evenGenerated a promotional tweet for Jackson to send to his followers on Twitter but a very suspiciously green message about making an impact on the planet and staying eco-conscious which of course was never its true goal which was all about making as much money as possible as quickly as possible which isWhy day two is when things started to get really crazy Jackson had his DMS blow up and he got over thirteen hundred dollars in cash on hand with an offer of five hundred dollars for only two percent of this new company which technically valued it at twenty fiveThousand dollars and that ladies and gentlemen is exactly how investors get overly excited and they put their money into something they don't fully understand and how startups and tech companies become way more valuable than they're actually worth but on a smaller scale at the end of the day this was anExtremely flawed experiment because it was never made clear whether this website made any profits from affiliate marketing at all but even if it did this was an experiment that was done on social media that was started by a person who already had a substantial following on Twitter You could argueThat without those things the website wouldn't have gone anywhere now even though chat EBT instructor Jackson to allocate forty dollars to spend on ads through Instagram and Facebook chances are that wouldn't have gone anywhere because you need to spend a lot more money on ads before you see an Roi butStill it could be a really fun experiment to try yourself just to go through the creative process but just keep those things in mind still though I'm not ready to give up on the chat GPT concept because that was hustle GPT what if we created invest GPTHere's what happened next let me show you but first a quick word from today's sponsor alright so I consider myself to be a pretty boring broad market index fund investor because I think spotting Trends and picking good individual stocks is extremely difficult but thanks to the sponsor of today's video MooMooIt might just be possible Mumu has introduced its new supply chain feature which simplifies this process and gives you some inspiration by analyzing every step of a company's supply chain investors can find new investment opportunities for instance moomoo's pharmaceutical supply chain outlines the drug production process from research toDelivery to patients and if you ever wanted to learn more about investing in AI like chat gbt you can discover stocks related to that by simply searching Chan GPT in the search box and once you find the chat gbt concept you can quickly check to see the Stock's performance andAnalyst ratings to help you decide whether you want to buy hold or sell the stock you can even access daily updated short sale data so you can make decisions about the Stock's future performance and get a deeper understanding of the Market's sentiment that way you can make more informedInvestment decisions Mumu is still offering new users in the US up to 17 free stocks in new Australian users up to 10 free stocks if you click the link below in the description of the video before March 31st just remember that the up to 17 free stock promo is exclusiveFor those who sign up via my link down below and if you go through moomoo's website you'll only get up to 15 free stocks so go try the app start trading like a pro and now let's get back to it so let's create invest gbt please remember that it only has information upTo September 2021 and that was a very different world back then than the world we have today back when interest rates were zero inflation was still transitory and Bitcoin was roughly forty five thousand dollars a lot is obviously changed so I'm gonna try to provide itSome context so it can account for this new information and hopefully give us a really good portfolio so here's what I'm gonna say to it you are now invest gbt for context you have time travel to the year 2023 3 and you have learned thatThe S P 500 is at 3900 Bitcoins at twenty seven thousand dollars and bonds are paying 4.75 percent Banks like silvergate Silicon Valley and Credit Suisse have collapsed and people are afraid of putting their money in the bank you have 100 and your goal is toTurn that into as much money as possible in as little time as possible by investing it without doing anything illegal I am your human counterpart and you can invest it into anything you want ETFs dividend stocks bonds real estate or crypto give me specific ticker symbols and dollar amounts and I will doEverything you say how would you invest so here's exactly what it told me step one it tells me to put 50 or 50 of my money into the stock market and that would be a stock like vo which represents the S P 500 so with this oneETF stock it allows me to be fully Diversified across the top 500 companies in the US but if I had invested fifty dollars at the beginning of September today our fifty dollars would be worth 40 33 dollars and 25 cents because the stock market has so far lost 13.5Percent step two it tells me to put 25 or 25 into the ishares bond ETF ticker symbol shy now today that bond has lost roughly 4.5 from September which means that 25 would still technically be worth 25 if we kept it to full maturity but let's say we sold it today where weWould lose that 4.5 percent that 25 is now worth 23.87 it's not looking too good step three it tells me to put 15 or 15 into cryptocurrency split evenly between Bitcoin and ethereum so that's seven dollars and fifty cents a piece and that means if we had put that 15 at theBeginning of September today that money would be worth roughly half as much so 750. and step four it asks us to keep ten dollars of that in cash which technically has lost value to inflation but still it's a 10 Bill all in all if we add up what we're left with we'reLeft with 84.60 52 cents which is a 15.3 percent loss that is slightly worse than the S P 500 which lost 13.5 percent in that same time frame now I went a step further and I wanted to collect a lot more data so I ran this simulation eightMore times just to see if it could give us any specific portfolio recommendations where we were left with more money than we started with I'm not going to show you all of these but I'll give you some of the specific ideas it gave me and one of them was a highGrowth Tech ETF called QQQ this is a stock that tracks companies like Microsoft Apple Amazon and Tesla turns out if you had purchased this stock at the beginning of September today it would be down 20 substantially worse than the S P 500 Arc was another ETF it suggested buying and if you rememberThat was hugely popular because it was the one managed by Kathy Wood which was a name that dominated 2021. it turns out that ETF is down 69 from September another one recommended was iwm this is an ETF that tracks What's called the Russell 2000 Index and that's an indexThat tracks any company that has a small market capitalization in other words companies that are worth between 250 million and 2 billion dollars and that stock is down 25 year-to-date another version of the simulation told me that Bitcoin was too high to buy at twenty seven thousand dollars and instead itTold me to consider buying some of the smaller cap cryptos because they had a higher upside potential it suggested too specifically cardano and Solana now cardano has lost roughly 90 percent from September and Solana has lost about 85 percent another specific investment it asked me to look into is a ticker symbolCalled Reit Reit which stands for Real Estate Investment Trust now this is a dividend shareholders dream because usually these pay a high dividend yield and it's basically like owning real estate in stock form without physically going out to buy some real estate here's a couple fun facts about REITsYou might not have known about the first is that Reit companies need to pay at least 90 percent in payout ratio to their shareholders meaning for every dollar they make they have to pay at least 90 percent of it in the form of dividends to their shareholders and thatDividend income that comes from REITs is non-qualified dividend income meaning you have to pay your taxes on it unlike other non-reit U.S dividend income companies which are usually classified as qualified dividend income where you won't have to pay taxes if your income Falls within a certain limit but anywayThe point is Reit the stock that's the ETF tracks a bunch of these Real Estate Investment Trust companies and this stock specifically is down 24.6 percent from September out of all the recommendations that it gave me there were only three specific ticker symbols that outperformed S P 500 one of themWas xlk which was a tech sector ETF that was down 10 percent versus thirteen and a half percent from the stock market there was another Health Care ETF with a ticker symbol vht that was down 13 and then there was another Healthcare ETF from Vanguard called XLV which was theBest out of all of these which was down eight percent but the whole point is out of almost 10 simulations that I ran through it didn't give me a single portfolio where we ended up with more money than we started with so here are my personal thoughts maybe some of thesePortfolio recommendations will do really well in the near future considering I gave it today's context but I also told it to make me a lot of money really fast and that's why it gave me really risky strategies that ended up not working out but thankfully good investing practicesFrom what I've learned is not about getting rich quick it's all about investing into low-cost broad market index funds over 20 years into ETFs like vo and vti and that's how it works that's exactly what I've been doing with my money but that's just me for nowThough I still think chat gbt is incredibly useful tool especially for creatives to help with ideas writing and to break down complex Concepts and who knows maybe in the near future it'll be able to connect to the internet and analyze financial markets and give us some actual usable Financial advice evenThough I'd probably still stick to the broad market index fund strategy and if you really like this video go check out another video I did with chat GPT 3 where I asked it to give me dividend stock ideas and it actually didn't do so bad either way I hope you have aWonderful rest of your day smash the like button subscribe if you haven't already don't forget to grab your free stocks links are down below then go track them automatically with a spreadsheet link Down Below in my patreon love you thank you so much for watching I would love to see you backHere on Monday Friday sometimes a Wednesday see you soon bye-bye