AI stocks

By Terry Savage on March 07, 2024 | Investments

What’s the best AI stock to buy right now? My spouse and I Are both retired at 55 with a small nest egg (very small) we’d like to buy $5,000 in stocks to help beef up our portfolio, I’d really
like to buy $10,000 but we just retired a year ago and it’s a little scary. We also use two different financial institutions should we combine into just one? I’ve been watching and listening to you for years now, it’s rare to find people who actually care. Love you, love your show. Thank’s

Terry Says

If you have an S&P 500 stock index fund in your portfolio, you ALREADY own the stocks related to AI. At this point they are mostly chipmakers and cloud companies like Microsoft and Google. So no need to speculate on just one company, especially at this stage of your life.

I don’t know what you mean by “two financial institutions”. Is one a bank and one a mutual fund company or broker? And I don’t know how much money you have in each. So I can’t answer that question.
Thanks for your kind words!



a personal
finance question