Critical Thinking Required

The New Trend: Investors Flee From Crypto to AI

June 09, 2023 LBW Wealth Management Season 3 Episode 19
Critical Thinking Required
The New Trend: Investors Flee From Crypto to AI
Show Notes

The crypto ETFs are not doing too well for the past year.  The fall of some leading players like Tierra/Luna and FTX hurt investors greatly, and the potential criminal fraud investigation is even more alarming.  And now, with the rise of ChatGPT, you can clearly see that crypto is no longer ETFs’ favorite new baby; the money is moving to the AI world.  Investors are piling into shares of graphics chip maker Nvidia, Microsoft, Google, and other stocks that they think stand to benefit from AI technology. What can we learn from the crypto fallout, and should we jump on the new AI investing wagon?  Nathaniel and Tim discuss the four main reasons why investors lost millions over crypto and their thoughts on how to approach the new AI investment trend.