you do have a financial advisor, don't you anon? oh you don't? well enjoy staying poor.
/biz/ is my financial advisor.
>>62306828thisthe best part is they do it (((for free)))
>>62306824>financial advisorTake a look at this boomer lol, Claude is free
>>62306891Redpill me on Claude
>>62306824why would anyone have a financial ((advisor)) if they have less than 100MMlike why? advisors are for really rich people
>>62306907It’s the most intelligent LLM by far for everything related to finance, law and medicine desu
>>62306824My "professionally" manged accounts have done around 8% a year all balanced out. My personal "suicide stack" account did 5000% in about a decade. My "professionally" managed money isn't even going to be enough to pay the taxes on my personally managed accounts.
>>62306824I convinced my parents to move all their investments into VOO in 2016 and they think I'm a genius financial advisor.
>pay someone to tell you to buy index funds and bonds for a 5% annual return
>>62307906You think index funds only return 5% annually? Holy shit coin fags are more retarded than I thought
>>62306824Yes, my wife's boyfriend tells her to tell me what to invest in. I don't make much money but a happy wife equals a happy life.
>>62307881At least your parents listen.My parents have so far forsaken the advice of myself, their accountant, their financial advisor, and a book about basic boomer index fund investing that I got them for Christmas and they have decided to continue to keep their investments parked in a CD.They just know better apparently, but I'm sure my inheritance is going to be entirely wiped out by inflation by the time these dumbfucks croak.
>>62308034They were able to retire last year because of it since they paid off their house in 2018. They just live off the tax free dividends frugally for now and will pretty much be rolling in money once they get their CPP in a few years.
>>62308034if they are retired they're probably more concerned with capital preservation than making more money. The closest thing to a true bear market that new gens have experienced is covid, other than that it's always been buy the dip buy the dip and market recovers in a couple months. In the past there's been multiple times where the market crashed and didn't get back to previous levels for YEARS. Not something a retiree with a nest egg and limited income can afford to wait out. Regardless, if they just keep rolling over a CD you'll be at least on par if not a bit better than inflation, won't be growing much but you're not losing out to inflation at all. Getting mad about inheritance money is absolute leech behavior, by the way.
>>62308062>if they are retired they're probably more concerned with capital preservation than making more moneyThe CD is a recent development, before this it was just sitting in a BoA savings account earning 0.01%>Getting mad about inheritance money is absolute leech behavior, by the wayI can love my parents and still think they're dumb with money. You're as retarded as they are, by the way.
>>62308083>The CD is a recent development, before this it was just sitting in a BoA savings account earning 0.01%CDs literally became a thing when (and because) savings accounts dropped below 5%. Back in the fucking 90's>recentlel
Some Gen X *** was trying to recommend me his financial advisor while he deals in the real world unaware that I deal in markets and paper. It was actually kind of sad, because I just kept deflecting and talking about important things like leisure and he seemed to want to flex on how he too was successful, by paying some other brother a commission and fees...While we were in chipotle of all things. Kinda weird.Anyway I not only don't need a financial advisor I am my own bank.
>>62308088A recent development (for them) because before that for decades they were just leaving all their money in a savings account.Learn to read context.
>>62306922Proof?
>>62308256Proof: I use it
>>62306824Yes i do. I am my own financial advisor.
>>62308034If my kid bought me a book on investing for christmas I'd immediately write him out of my will and tell him it was because of the booknot your money kiddo. If you want to decide how to invest money, go make your own.
>>62306824I activated my brain chakra 3 weeks ago and have been riding the high ever since I only buy on signals I receive from the illuminati through the alrorithm
Yes I do. They're all here on /biz/.
>>62306922How do you know this? I've been using and trusting Gemini with my personal finances for the past year or so. It's even helped me have tons of success with options trading. I'll consider a switch to Claude if it's actually worth it.
>>62308273They asked for it.You don't have any money or kids anyways.
>>62308311I’m a lawyer and Claude always comes on top with hard legal questions; the same "cognitive" quality is also obvious in everything finance-related with Claude, even though I’m not a professionalGemini is no slouch though, and being comfortable with a LLM is almost as important as its raw performance
>>62308372I tried to ask Claude a moderately complex tax question, it thought about it for like 10 minutes, and then crapped out on me saying to come back in like 4 hours for more free messages.
>>62308388Kek, the usage limit of Claude’s free version is indeed the lowest of all LLMs, but it’s serviceable enough for me
>>62306828This, OP got assblasted in the very first post lol
>>62306824yeah, hes right here >>62308888
>>62306828this but unironically.
>>62306824>paying someone to tell you to buy the VOO or SPY
