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> This is great spirit, but the lower class would probably be better suited for simple index funds. I fully understand you. However, I strongly believe to bea

> This is great spirit, but the lower class would probably be better suited for simple index funds. I fully understand you. However, I strongly believe to beat the system where the rich people are flourishing too much and the poor are getting poorer everyday due to inflation, there must be some way to stop it. Maybe AGI? In the meantime I will do everything I can to serve the poor/middle class to survive on better terms during these hard times.

HenryBemis 3y ago
It's not about an AGI solution. Keep in mind if I have access to the _good-AGI_ then Bill Gates will have access to the _better-AGI_ and will always outperform me. For us, the little people, as the parent suggested, spreading our investments to some decent (YMMV/AFAIK) mutual funds will ''''guarantee'''' that desired 13-15-17% growth per year. I never make it a race against someone else, I only look at the clock and the years till I retire.
traceroute66 3y ago
> I strongly believe to beat the system where the rich people are flourishing too much and the poor are getting poorer everyday due to inflation You are digging yourself rapidly into a hole, please stop digging. The rich manage their money through capital preservation, investing for income not aggressive growth. Meanwhile you are promoting an aggressive growth strategy to the very people who cannot afford it. It will only end in tears. "Never invest more than you can afford to loose" - the very first rule in the book. Yes, of course I agree the poor need to move higher up the ladder. But aggressive, high-risk growth punting on the stockmarkets is NOT the way to do it. Higher minimum wage, ending zero-hours contracts etc. .... that is the way to do it.
- _gsav 3y ago
  My goal was never an aggressive growth strategy. I am sure I never mentioned this once on my website. Rather I encourage my users to do due diligence for each of their stocks. And in this journey my website [name redacted] comes into the play where I provide high accuracy, free information to the public
  - traceroute66 3y ago
    > My goal was never an aggressive growth strategy. I am sure I never mentioned this once on my website. Strongly implied given your defined target market. "poor/middle class" combined with "AI magically generating buy signals" is only going to lead to one thing, people who cannot afford to take risks blindly following an AI bot that is highly-likely to be wrong. You really need to ramp up the due-diligence messaging on your website. And you also need to ramp up the "bot is unlikely to be right" messaging too. I wish you well on your endeavor, I'm just cautioning you against overselling the skills of a bot that you've just thrown a kitchen sink of data at in the hope that something sticks.

HenryBemis 3y ago

It's not about an AGI solution. Keep in mind if I have access to the _good-AGI_ then Bill Gates will have access to the _better-AGI_ and will always outperform me. For us, the little people, as the parent suggested, spreading our investments to some decent (YMMV/AFAIK) mutual funds will ''''guarantee'''' that desired 13-15-17% growth per year. I never make it a race against someone else, I only look at the clock and the years till I retire.

traceroute66 3y ago

> I strongly believe to beat the system where the rich people are flourishing too much and the poor are getting poorer everyday due to inflation You are digging yourself rapidly into a hole, please stop digging. The rich manage their money through capital preservation, investing for income not aggressive growth. Meanwhile you are promoting an aggressive growth strategy to the very people who cannot afford it. It will only end in tears. "Never invest more than you can afford to loose" - the very first rule in the book. Yes, of course I agree the poor need to move higher up the ladder. But aggressive, high-risk growth punting on the stockmarkets is NOT the way to do it. Higher minimum wage, ending zero-hours contracts etc. .... that is the way to do it.

_gsav 3y ago
My goal was never an aggressive growth strategy. I am sure I never mentioned this once on my website. Rather I encourage my users to do due diligence for each of their stocks. And in this journey my website [name redacted] comes into the play where I provide high accuracy, free information to the public
- traceroute66 3y ago
  > My goal was never an aggressive growth strategy. I am sure I never mentioned this once on my website. Strongly implied given your defined target market. "poor/middle class" combined with "AI magically generating buy signals" is only going to lead to one thing, people who cannot afford to take risks blindly following an AI bot that is highly-likely to be wrong. You really need to ramp up the due-diligence messaging on your website. And you also need to ramp up the "bot is unlikely to be right" messaging too. I wish you well on your endeavor, I'm just cautioning you against overselling the skills of a bot that you've just thrown a kitchen sink of data at in the hope that something sticks.