AI investing
Book - 2024
"Suddenly, artificial intelligence is everywhere, including on Wall Street. AI Investing For Dummies initiates you into this new world so you can take advantage of the top AI tools to give yourself an edge in the market--whatever your financial goals"--
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| Location | Call Number | Status | |
|---|---|---|---|
| 2nd Floor New Shelf | 332.0285/Mladjenovic | (NEW SHELF) | Due Jan 7, 2025 |
- 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