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Who's liable for bad personal finance advice from AI?
CNBC Television· 2026-04-09 20:00
right now uh you know we have something called fiduciary financial advice which is a legal term that basically says that the financial adviser is putting your best interests ahead of their own but there's not really the equivalent of that when it comes to AI and so if things go wrong and you get bad advice from an AI like who is liable in that circumstance >> that's a fantastic question and unfortunately the answer is no one. So when you sign up to use LLMs, you're signing away all sorts of rights and respo ...
X @Investopedia
Investopedia· 2025-12-14 15:00
There are hundreds of financial advice books. These are 10 books top financial advisors recommend for retail investors and budgeting beginners. https://t.co/uoKTzQVGxP ...
X @Investopedia
Investopedia· 2025-11-10 03:00
There are hundreds of financial advice books. These are 10 books top financial advisors recommend for retail investors and budgeting beginners. https://t.co/8BSNRx1H1q ...
Dave Ramsey Tells Woman On $100K Salary, Left With 20 Acres And 6 Animals, 'You're Sitting On A Half-Million-Dollar Windfall'
Yahoo Finance· 2025-10-27 17:01
Core Insights - The article discusses a financial dilemma faced by an individual named Rebecca after her relationship ended, leaving her with a $1 million ranch and six animals [1][2]. Group 1: Relationship and Property Ownership - Rebecca's former boyfriend promised marriage and purchased the ranch in cash, adding her name to the deed before leaving abruptly [2][5]. - The situation raises questions about potential financial manipulation, with financial expert Dave Ramsey suggesting it may have been an attempt to scam her [3]. Group 2: Financial Consequences and Legal Rights - Rebecca left a stable job to support the relationship, which has led to financial repercussions, including job loss [4][5]. - Ramsey emphasized that Rebecca is legally a 50% owner of the property due to her name on the deed, which complicates the situation for her ex-partner [5]. Group 3: Moving Forward and Recommendations - Ramsey advised Rebecca to work with an attorney to propose a buyout and suggested selling the animals and renting temporarily [6].
X @mert | helius.dev
mert | helius.dev· 2025-09-24 21:18
Sentiment Analysis - The document expresses skepticism towards taking financial advice from a young individual lacking expertise [1] Risk Assessment - The industry should be cautious about unqualified individuals providing financial guidance [1]
X @The Wall Street Journal
The Wall Street Journal· 2025-08-28 06:41
There is a novel strain of financial advice that suggests supporting grown children isn’t a reason to be ashamed. It is probably necessary, and sometimes even desirable. https://t.co/WEcOx6E7Kq ...