Many people are excited about the possibility of artificial intelligence tools such as ChatGPT to help them find information and make suggestions. But although some of this tool can help them determine what stocks should be purchased for ISA, I will not touch this approach with BargePole!
Why not? Here are three of my reasons!
The previous performance does not automatically indicate the future
Nobody knows what will happen in the future, including in the stock market.
The smart human investors look at the company’s record, but in the context of an attempt to make a decision How can it be performed in the future.
Artificial intelligence tools often such as concrete instead of abstract inputs. I am afraid that this means that they may suffer from emphasizing the company known The past performance, instead of its synthesis unknown Possible future performance.
There is no average investor
Each investor is different.
However, if 100 investors are asking the Amnesty International tool about the best shares to be purchased, I think the answers may be somewhat consistent. Now in fairness, ChatGPT responded to my claims, “What is the best share for my ISA?“By saying it can depend on factors such as private investment goals, tolerance with risks, and time horizon.
However, the lack of attention to the individual context may be a big problem. Various investors have their own goals and carry risks.
Mixing interpretation and facts
It seems that something has noticed by Chatgpt struggling with it is clearly a clear discrimination between the facts and the opinions of people.
I ask her what I should do with ISA, I am afraid that part of the response may mix the facts and opinions.
For example, when she asked Chatgpt what is the best sharing for ISA, although she said she would need more information like “”better“Depends on various factors, however, continue on the same page to submit a list of” “Popular stocks that are likely to be strong in the common performance in ISAS (based on current feelings)“.
What “Current feelings(Whatever this means: Who is her feeling?) He thinks They are my best shares may not be actually He is The best ISA shares – or anywhere.
For example, one share in the list is one I own: Diago (LSE: DGE). I think it has strong horizons, that is why I bought it.
But the stock price performance was weak: FTSE 100 The shares decreased by 28 % per year.
What about profits? Diaageo 4.1 % revenue outperforms the average FTSE, but it is not anywhere near the highest return on the index. Yes, a busy record of increasing annual profits extends – but anywhere near power SpiraxFor example.
So, is Diago really?Best Share for ISA“It can be the case. After all, it has strong brands, a large suspended market, an installed business model, and unique assets. But it also has large debts and faces the variable market dynamics that may witness a decrease in alcohol consumption, which harms Diaageo sales and profits.
In other words, although Diaageo may turn into the best share in my ISA, there are many unknown people so that they have no certainty.
Investment takes time, skill, and a sense of individual goals and risks, as well as the ability to explain facts. I will not leave that to Chatgpt!


