If you are over 60 and still working, exploring everything ChatGPT can do may just help you retire. This is because ChatGPT is a valuable tool to ask questions, learn about different investment strategies and understand common financial pitfalls.
Todd Steam, CEO and founder of The Money Manual, says, “A useful way to use ChatGPT for beginner financial advice is to ask it to explain concepts to a 10-year-old. For example, prompt it to: ‘Explain dividend investing to a 10-year-old.’ The output it gave me was an analogy to supporting a friend’s lemonade stand.
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