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Just a Few Problems I See with AI Portfolios: Part II

September 1, 2023 By E.J. Smith - Your Survival Guy

By Blue Planet Studio @ Shutterstock.com

As I wrote to you yesterday, “How much Artificial Intelligence do you want in your portfolio? Your Survival Guy doesn’t want it anywhere near mine. But AI is already in the sports pages with a recent Ohio high school football recap written with the heart of a Tin Man. How much longer until we have ivory tower dwellers and woke politicians writing the rules for investments? What could possibly go wrong?” Here’s some more I’ve come up with.

Life Comes at You Fast. Slow It Down with My Friday Email. It’s Free.

AI, I’m on a fixed income. Can you help?

AI, I want a conservative mix of stocks.

AI, I want a portfolio that is oriented to Main Street America.

AI, I want a portfolio that will align with my family first principles.

AI, variable annuities are rat food.

AI, the dollar ain’t worth a dime.

AI, avoid Your Survival Guy’s Investing Mistakes. Here’s the list.

Action Line: As I’ve told you before, investing is more art than science. Don’t be fooled.

Read Part I here.

Originally posted on Your Survival Guy. 

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Related Posts

  • Just a Few Problems I See with AI Portfolios: Part I
  • Crash II, Preview
  • Your Survival Guy’s Take on ChatGPT and AI
  • Nasdaq Missing the Boat: Part II
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E.J. Smith - Your Survival Guy
E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998.

E.J. has trained at Sig Sauer Academy in Epping, NH, NH, where he completed course-work in Practical and Defensive Handgun, Conceal Carry Pistol, Shotguns, Precision Scope Rifle and Kidnapping Prevention.

E.J. plays a Yamaha Recording Custom drum set with Zilldjian cymbals. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West (RIP JB) and Paris.

Please get in touch with E.J. at ejsmith@yoursurvivalguy.com

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