Member-only story
I asked chatGPT how to expand my investment portfolio
Strong advice for individuals starting to invest in the stock market
Do you invest your money somewhere already? Do you want to start investing but are daunted by it?
As a working 26-year-old, I’ve been investing in the Indian market ever since I’ve been earning as a full-time employee. Thanks to the CV-19 pandemic, I had more time on my hands at home and got extra invested (pun-intended) in managing my portfolio. It excited me to carefully curate the mix of companies I wanted to put money in, especially after hours of researching (and sometimes get lucky and get exponential returns thereafter).
As I’ve returned back to work this past year, I have had less time on my hands to track attractive investments. So, I decided to ask chatGPT to help me research.
Luckily, chatGPT is ethical enough to not make stock market predictions and state that it isn’t an expert in financial modeling. However, it did give some strong advice, especially relevant for beginners trying to navigate how to research which stocks to invest in.
Per chatGPT, these are some factors that investors could consider when evaluating investments in the Indian stock market for potential growth in the next year:
