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More People Are Turning To ChatGPT for Investing Advice

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Sat, Jul 29, 2023 12:41 PM

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In today's Masters Series, adapted from the June 15 issue of the TradeSmith Daily e-letter, Keith de

In today's Masters Series, adapted from the June 15 issue of the TradeSmith Daily e-letter, Keith details how AI technology is influencing investors... discusses the TradeSmith team's new AI-powered market predictor... and reveals how you can use this technology to improve your investment decisions... [Stansberry Research Logo] Delivering World-Class Financial Research Since 1999 [Stansberry Master Series] Editor's note: It's time to give yourself an edge over other investors... With the development of tools like ChatGPT quickly growing popular, many people are bullish around artificial intelligence ("AI") right now. And folks are not only exploring AI investments, but they're also searching for ways to use this technology to uncover buying opportunities across the market as a whole. That's why Keith Kaplan – CEO of our corporate affiliate TradeSmith – and his team recently used AI technology to develop a predictive market algorithm to help investors maximize their returns while limiting risk. In today's Masters Series, adapted from the June 15 issue of the TradeSmith Daily e-letter, Keith details how AI technology is influencing investors... discusses the TradeSmith team's new AI-powered market predictor... and reveals how you can use this technology to improve your investment decisions... --------------------------------------------------------------- More People Are Turning To ChatGPT for Investing Advice By Keith Kaplan, CEO, TradeSmith When ChatGPT burst on the scene near the end of 2022, I knew it was only a matter of time before this artificial intelligence ("AI") technology would be unleashed into the world of finance. That time has arrived. Just check out this ZDNet headline... In a survey of 2,000 Americans, it was found that 47% of participants were already using ChatGPT for stock market picks. In addition, the survey found that 45% would be comfortable with only using ChatGPT for stock picking. The survey's demographic cross-section was intriguing – breaking down exactly who is using the service for stock picking: - 53% of Generation Z. - 50% of millennials. - 25% of Baby Boomers. - 77% of high-income Americans. - 43% of middle-income Americans. - 23% of low-income Americans. In terms of performance, a hypothetical fund of 38 stocks chosen by ChatGPT outperformed the top 10 British funds on 34 out of 39 days the market was open. Is this a better way to put ChatGPT to work than asking it to whip up a recipe or write a love poem? Yes. Can we expect additional advancements that will supercharge AI and investing? Absolutely. Is this going to revolutionize AI investing? At least for TradeSmith, the answer is a resounding "no." That's because we were here first. We were already putting machine learning, automated systems, and advanced algorithms to work in the tools we offer. And we've been doing that for years. And we recently took things to a whole new level... --------------------------------------------------------------- Recommended Link: [New AI Breakthrough Takes Guesswork Out of Investing]( The world is now being swept by an artificial-intelligence ("AI") investing revolution. And the spark that launched this trend was the recent debut of An-E – a powerful AI-driven algorithm that can predict stock prices with stunning accuracy. Having access to this tool could completely change your financial outlook for 2023 and beyond. [Click here to claim access](. --------------------------------------------------------------- Imagine if you knew that, one month from now, a certain stock would be worth 10% more than it is today. Would you buy some shares? Of course you would. Now, imagine knowing that a stock would be worth 10% less in one month. Would you avoid it with that information in hand? Absolutely. Well, a revolutionary new predictive market algorithm driven by AI was released that can make just such predictions with astonishing accuracy. With incredible computing power and AI at our fingertips, our team embarked on the most important research project in our company's history... one that could help you make much bigger stock market returns than you're making now, while taking less risk. We call this "Project An-E" (pronounced Annie). Let me show you a quick example of An-E at work. This is one of An-E's predictions from late last year for Ameren (AEE)... The red "X" marks when An-E made its prediction, and the gray circles represent where it predicted Ameren's stock price would go one week, one month, and two months later. Well, here's how those predictions played out... An-E was nearly spot on. And that's just one of An-E's predictions... It's not an exaggeration to say that this is a new edge most investors have been lacking. If you hold on to stocks An-E says are primed to move higher, you could withstand volatility with confidence and earn better returns. On the other hand, if you stay away from the stocks An-E says are poised to go down, you could avoid punishing losses. Both of these outcomes could mean you'd no longer have to worry about not having enough money for retirement or outliving your nest egg. Enjoy your Saturday, Keith Kaplan --------------------------------------------------------------- Editor's note: This project is just the beginning of a fast-moving trend. AI has the potential to shape the investment landscape for years to come. And it just shattered one of the most important barriers in technological history. That's why Marc Chaikin – founder of our corporate affiliate Chaikin Analytics – recently joined forces with Retirement Millionaire editor Dr. David Eifrig to host an online presentation about how you can use AI to transform your wealth. [Click here to watch the full replay](... --------------------------------------------------------------- Recommended Link: [BREAKING NEWS: '3,050% Currency Trade' Just Went Live]( Days ago, the Federal Reserve released a new money platform that will be adopted by the U.S. Treasury, Social Security Administration, and more, opening the ground floor of an investment we may never see again in our lifetimes. [Click here for the full details (including a free recommendation)](. --------------------------------------------------------------- You have received this e-mail as part of your subscription to Stansberry Digest. If you no longer want to receive e-mails from Stansberry Digest [click here](. Published by Stansberry Research. You’re receiving this e-mail at {EMAIL}. Stansberry Research welcomes comments or suggestions at feedback@stansberryresearch.com. This address is for feedback only. For questions about your account or to speak with customer service, call 888-261-2693 (U.S.) or 443-839-0986 (international) Monday-Friday, 9 a.m.-5 p.m. Eastern time. Or e-mail info@stansberryresearch.com. Please note: The law prohibits us from giving personalized investment advice. © 2023 Stansberry Research. All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited without written permission from Stansberry Research, 1125 N Charles St, Baltimore, MD 21201 or [www.stansberryresearch.com](. Any brokers mentioned constitute a partial list of available brokers and is for your information only. Stansberry Research does not recommend or endorse any brokers, dealers, or investment advisors. Stansberry Research forbids its writers from having a financial interest in any security they recommend to our subscribers. All employees of Stansberry Research (and affiliated companies) must wait 24 hours after an investment recommendation is published online – or 72 hours after a direct mail publication is sent – before acting on that recommendation. This work is based on SEC filings, current events, interviews, corporate press releases, and what we've learned as financial journalists. It may contain errors, and you shouldn't make any investment decision based solely on what you read here. It's your money and your responsibility.

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