No longer do younger Americans turn to mom or dad to help set up their 401(k), understand their paycheck, or get investment advice—that’s because AI has become their new financial friend. While AI has taken on roles ranging from break-up coach to health expert, tools like Open AI’s ChatGPT and Google’s Gemini are now guiding younger generations to tackle their financial woes, from credit card debt to picking their latest stocks and ETFs. In fact, two-thirds of adults who’ve used AI for financial advice ...

Core Insights - The article discusses the poor financial advice generated by an AI chatbot, Grok, highlighting the risks of following such advice without expert consultation [1][2][3] Group 1: AI's Poor Financial Advice - Grok's worst financial advice includes liquidating all assets and investing in a single speculative penny stock based on social media tips [2] - Additional poor advice includes maxing out high-interest credit cards for unnecessary luxury goods and quitting a job to day-trade full-time without experience [3] Group 2: Expert Countermeasures - Financial experts emphasize the importance of diversification in investments to mitigate risks, suggesting a mix of equities, fixed income, and cash reserves [4][5] - Experts recommend maintaining an emergency fund of three to six months' worth of expenses to avoid selling investments during unfavorable market conditions [6]

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A new strain of financial advice suggests support for grown children is fine—even necessary as rising rents and college costs have made it tough for younger generations to find their footing.Read more: 🔗 https://t.co/dwA7Tb1GIu https://t.co/MDw7wMR6kj ...

Yeah, now I can help you out. What's up. Yeah, that's cool.Mark literally taught me everything I know about side hustles. So, yeah, no worries. Yeah.No, so I would say that you don't need a side hustle. What I would do if I was you is just get a credit card because when you think about it, it's basically the government giving you free money every single month. Yeah.No, no, no. I hear you. But you don't even need to pay it back.No. No. Seriously, what I'm telling you, you don't need to pay it back.Yeah. No. ...

Would you take financial advice from AI? 🤖In his latest opinion piece, Bitget COO @usithetalk argues the future isn’t AI vs. humans, but a hybrid: AI precision + human authenticity.Full story 👉 https://t.co/JdoI2ShPs3 https://t.co/1wm1mHHJYd ...

people always ask me for financial advicethat'd be borderline irresponsibleI'd never tell someone they should definitely be buying hSOL for exampleor that doing so gets you high yield while improving the network and subsidizing all of my and the team's work ...

This is not a financial advice. Trading digital assets carries high risk and may not suit all investors. Prices can fluctuate significantly on any given day and may be affected by external factors such as financial or political events. ...

It’s important to always do your own research. I am not a financial advisor.Altcoin Daily (@AltcoinDaily):It’s important to always do your own research. I am not a financial advisor. ...