Revisiting ChatGPT's financial advice, 15 months later

Revisiting ChatGPT's financial advice, 15 months later(thomasvilhena.com)

3 points by tcgv 103 days ago | 2 comments

andsoitis 103 days ago |

This simply echoes advice from financial experts, which is for the average consumer to invest in diversified index funds, like the S&P 500 and some fixed income instruments, shifting the balance towards the latter as you approach retirement.

Interestingly, I don't see in this post or the original post they refer to mention of other things that should be inputs in investment strategy, such as age and risk tolerance.

tcgv 103 days ago | |

Totally fair. A real strategy should start with investor context. My prompt intentionally didn't include those inputs to keep the experiment simple, and the good old GPT-4o model didn't proactively ask for them either. In an actual financial planning conversation, those constraints would be front and center and the portfolio could look materially different.