Session 14: Getting Explanations In Plain English
Prompt Sequence:
Explain to me what money is and how the financial system works in plain English.
Describe how fractional reserve banking works in 10 bullets. Think step by step.
List the 5 biggest mistakes that individual investors make that cause them to lose money.
I have 100,000 dollars to invest. Explain Ray Dalio’s “All Weather” portfolio in plain language and how I can use it to invest my money.
Explain in plain English how high-income earners in the US use tax optimization to manage and grow their wealth.
I make 90.000 dollars a year in the US, I am 47 years old, and my financial goal is to become a millionaire, explain how I should invest my money and when I will reach my goal.