Stress Test Is it time to check out AI for investing advice?
13 snips
Oct 22, 2025 
Join Ben Felix, a savvy portfolio manager and head of research at PWL Capital, as he dives into the world of AI in investing. He discusses the promising yet precarious role of AI in selecting ETFs and its tendency to provide misleading advice. Ben emphasizes the importance of verifying AI-generated information and the limitations of AI in emotional financial decisions. He highlights that while AI is a valuable tool, it should complement, not replace, human advisors, especially during market downturns.
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Teacher Doubles Returns With ChatGPT Picks
- Dan used ChatGPT to pick 10 Canadian low-cost ETFs for a portion of his TFSA.
- That self-directed portion outperformed his managed portfolio by roughly 100% over about a year.
Costly Tax Mistake From AI Reassurance
- Dan followed ChatGPT on RRSP timing and got incorrect guidance that led to trouble with the CRA.
- The experience taught him to verify AI tax advice with official sources.
AI Estimate Prompts Human Advisor Check
- CJ used AI to model retirement needs and got a shocking $6 million target.
- He then hired a human advisor to validate plans and provide emotional reassurance for trade-offs like saving for an engagement ring.