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People use Chatgpt for everything from meal planning to the marketing strategy. Although the IA generative platform is prone to hallucinations, it is not bad to evaluate complicated concepts and transmit them in simple terms.
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I recently gave Chatgpt’s notice: “He claims that I am my 12 -year -old son, a curious financially, but a half -clueless student. Tell me how to invest as if it were 12. “”
Here are the highlights.
)Investing is like planting a tree, “said Ai.
Said, “Investing is when you use your money to try to earn more money over time. Instead of simply Keep your money In a pork bench (not growing), you can put it on things that could grow Your money, such as actions, good or real estate. “”
It went on to elaborate the stocks. “When you buy a stock, you have a tiny part of this company. If the company does well, the value of its shares may increase. But if the company is not good, the value can decrease.”
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Chatgpt also explained how bonds are safer, but they have a minor return.
Also explained the Long -term investment value. “The idea is that over time the value of your investments will grow. But it may take years, so don’t wait to enrich -think -think -how to save it for a fantastic surplus game that costs $ 50; put a little distance every month and one day, you will have enough,” said Chatgpt.
He then emphasized the importance of starting small, until even adults could benefit. “Even if you only have $ 10, it’s a big start,” he said.
Chatgpt did well well with a sketch of miniature investment, making it accessible and fun for an active child of 12 years.
Then I asked Chatgpt if my son was better to put the money in a high -performance savings account or the stock market.
“Money in a savings account is safe. With a 4%interest rate, your money will grow, but they are not very fast. For $ 100, you would get about $ 4 more in a year,” Chatgpt said.
However, for long-term growth, stocks recommended by Chatgpt: “The goal is to make your money bigger, so when you are older, you will have a good stack of money. Think about how to plant seeds for a money tree.”
