- Subjects
- Genres
- Informational works
- Published
-
Hoboken, NJ :
John Wiley & Sons, Inc
[2024]
- Language
- English
- Main Author
- Item Description
- Includes bibliographical references (pages 271-274) and index.
- Physical Description
- xi, 290 pages : illustrations ; 24 cm
- ISBN
- 9781394237036
- Introduction
- About This Book
- Foolish Assumptions
- Icons Used in This Book
- Beyond the Book
- Where to Go from Here
- Part 1. Artificial Intelligence Basics
- Chapter 1. Artificial Intelligence 101
- First Things First: What Is AI?
- Distinguishing the Two Types of AI
- General AI
- Specific AI
- Investing in Stocks with AI's Help
- Using AI to Try Stock Investing Alternatives
- Looking at Your Total Financial Picture with AI
- Getting Smart about AI
- Chapter 2. A Primer on ChatGPT
- Acquainting Yourself with ChatGPT
- Asking ChatGPT to describe itself
- Discovering what ChatGPT can help you with
- It's All About the Prompt
- The Limits and Negatives of ChatGPT
- Looking at ChatGPT Alternatives
- Chapter 3. Spanning the AI Landscape: Different Inputs and Outputs
- First Things First: Text-to-Text with Chatbots
- Other AI Inputs and Outputs
- Document-to-text
- Audio-to-text
- Text-to-image
- Text-to-video
- Finding Even More Tools with a Few Helpful Resources
- Part 2. AI Stock Investing
- Chapter 4. Large-Cap AI Stocks
- Getting a Sense of AI's Place in the Big Picture
- Understanding Market Capitalization Basics
- AI Companies: The Major Players
- Checking Out the Pros and Cons of AI Stocks for Investors
- The pros
- The cons
- The Indirect Way to AI Profits: Investing in Impacted Companies
- Using AI to Analyze Large-Cap Stocks
- Doing a SWOT analysis
- Summarizing financial data
- Chapter 5. Small-Cap AL Stocks and IPOs
- Beginning with the Basics of Small-Cap Stocks
- Finding AI-Related Small-Cap Stocks
- Choosing Small-Cap AI Stocks
- Introducing IPOs
- Surveying Safety and Hedging Strategies for Small Caps and IPOs
- Stop-loss orders
- Trailing stops
- Option strategies
- Chapter 6. Diversifying with ETFs and Mutual Funds
- Comparing ETFs and Mutual Funds
- Something in common: Diversification
- Static portfolios versus actively managed portfolios
- Shares versus cash purchases and sales
- Looking at the Pros and Cons of ETFs and Mutual Funds with AI's Help
- ETFs
- Mutual funds
- Noting Some Top AI-Related ETFs
- Researching ETFs with AI
- Focusing on AI-Related Mutual Funds
- Reviewing Resources for Investing in ETFs and Mutual Funds
- Chapter 7. Robo-Advisors
- Defining What a Robo-Advisor Does
- Debating the Pros and Cons of Robo-Advisors
- Digging into Robo-Advisors' Main Features
- The Bottom Line: Choosing a Human Advisor or a Robo-Advisor
- Listing a Few Top Robo-Advisors
- Chapter 8. Fundamental and Technical Analysis
- Fundamental Analysis
- Key fundamental factors
- Fundamental analysis and AI
- Technical Analysis
- A spotlight on RSI
- Technical analysis and AI
- Part 3. AI Stock Investing Alternatives
- Chapter 9. Hard Assets and Commodities
- Understanding Investing versus Speculating
- Comparing the Risks of Precious Metals and Commodities
- What precious metals don't have: Counterparty risk
- Other risks associated with stocks and other conventional vehicles
- Risks with precious metals
- Risks with commodities
- Handling Hard Assets (Primarily Precious Metals)
- Ways to invest in gold and silver
- AI strategies and precious metals
- Precious metals resources
- Considering Commodities
- Comparing commodities and futures
- Looking at different types of commodities
- Checking out commodities investing vehicles
- Using AI to get the scoop on commodities
- Reviewing resources on commodities
- Chapter 10. Bonds, Bank Investments, and Digital Currencies
- Bonds and Bank Investments
- Bonds
- Bank investments
- Cryptocurrencies
- Central Bank Digital Currencies (CBDCs)
- Chapter 11. Real Estate Investing
- Knowing Whether You Have What It Takes to Be a Real Estate Investor
- Noting Two Major Real Estate Considerations
- Getting into Direct Real Estate Investing
- Investing Indirectly in Real Estate
- Trying Real Estate Investment Trusts
- Examining Real Estate ETFs
- Checking Out Additional Strategies for AI Real Estate Investing Prompts
- Consulting Real Estate Resources
- Chapter 12. Business and Career Ventures
- Understanding the Benefits of Having Your Own Business
- Earning income
- Enjoying tax benefits
- Having fun
- Building wealth with your own retirement account
- Selling your business for big money
- Starting a Business
- Doing some research
- Putting together pieces of a business plan
- Funding your business
- Steering your start-up with the help of AI
- Running Your Business
- Getting help with your current software
- Writing a variety of content
- Generating images
- Seeing other ways that AI can help you run your business
- Using AI to Boost Your Career
- Discovering the best jobs for your skills and experience
- Finding advice for your current job
- Researching new job opportunities
- Creating a winning resume
- Honing your interviewing skills
- Part 4. Smart Investment Tactics
- Chapter 13. Using AI For Economic Analysis
- Gross Domestic Product (GDP)
- Defining GDP
- Delving into the details
- The Labor Market
- Income Taxes
- Interest Rates
- Leading Economic Indicators (LEI)
- Inflation
- The Federal Reserve
- The role of the "Fed"
- The "Fed" as an investor resource
- The Political Landscape
- Chapter 14. Financial Planning and Other Money Matters
- Walking through the Steps of Financial Planning
- Getting a Handle on Budgeting
- Spotlighting College Expenses
- Chapter 15. Retirement and Estate Planning
- Digging into Retirement Planning
- Your starting point: A personal balance sheet
- The "5-10 approach" and a reality check
- A helpful checklist
- Even more AI retirement planning prompts
- Thinking about Estate Planning
- Defining "estate planning"
- Beginning the estate planning process
- Chapter 16. Tax Considerations
- Reviewing the Tax Treatment of Different Investments
- Understanding ordinary income and capital gains
- Determining your best timing
- Looking at a capital gains example
- Minimizing capital gains taxes
- Cutting taxes with capital losses
- Evaluating gain and loss scenarios
- Sharing with the IRS
- Tax forms
- The wash-sale rule
- Looking at Tax Deductions for Investors
- Investment interest
- Foreign taxes on investments
- Miscellaneous expenses (on Schedule A)
- The donation of securities
- Nondeductible items
- Getting Tax Benefits with Retirement Accounts
- IRAs
- 401 (k) plans
- Checking Out AI Tax Tactics and Strategies
- Tapping into Tax Resources
- IRS publications
- AI tax tools
- Tax sites
- Tax software
- Tax resources from yours truly
- Part 5. The Part of Tens
- Chapter 17. Ten Cautions about Artificial Intelligence
- Inaccuracy and Errors
- Bias
- Fraud
- Job Displacement
- Overreliance on Technology
- Information versus Wisdom
- Use of the Right AI Tool
- Your Input versus AI Output
- Faulty Predictions
- Privacy
- Chapter 18. Ten or So Types of Prompts You Can Use for AI Investing
- Simple Questions
- Complex Questions
- Personal Scenarios with Goals in Mind
- Formulas
- Lists
- Second Opinions
- Pros and Cons
- Comparisons of Performance
- Prompts in Different Languages
- Prompts at a Basic Level
- Document Analysis
- Chapter 19. Ten Tools and Resources That AI Beginners should Consider
- OpenAI.com
- Investopedia
- ToolsAI.net
- YouTube AI Channels
- AI Productivity Tools
- Bedrock AI
- Your Brokerage Site's Robo-Advisor
- Udemy and Other Online Courses
- Discord and Other Groups
- Chapter 20. Ten Strategies to Complement Your AI Investing Pursuits
- Focusing on Fundamentals
- Investing in Utilities
- Investing in Consumer Staples
- Investing in Healthcare
- Considering Dividends
- Limiting Your Losses
- Choosing the Right Savings Bonds
- Diversifying with Hard Assets
- Personal Preparedness
- Keeping a Paper Trail
- Part 6. Appendixes
- Appendix A. AI Resources
- Beginners' Tutorials and Courses on AI
- AI YouTube Channels
- Books on AI
- AI News and Views
- AI E-Zines
- AI Resource Compilations
- User Groups about AI and ChatGPT
- Appendix B. AI Tools
- Investing AI Tools
- Personal Finance AI Tools
- Tax and Budgeting AI Tools
- Robo-Advisors
- ChatGPT Alternatives
- Directories of AI Tools
- Other Finance-Specific Tools Using Generative AI
- Appendix C. General Investing Resources
- General Investing Sites
- Specialized Investing Sites
- Investing Books
- LinkedIn Groups
- Investor Clubs and Organizations
- Government Agencies
- Index