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AI Is Giving Financial Advice Now

The Plain Bagel

00:00 - Introduction 02:23 - ChatGPT Announcement 05:44 - The Pros 07:54 - Advice Concerns 10:09 - Regulatory Ambiguity 14:22 - Considerations for Using AI Advisors 16:56 - Will AI Replace Advisors? Dead on the Money Podcast Episode: https://youtu.be/po9zpbVQOYE?si=1B2Ff87jzRakyMdr ChatGPT announced this week that it would allow users to connect their bank/investment accounts to the platform to receive AI advice for their finances - today we dive into the implications. DISCLAIMER: This channel is for education purposes only and does not constitute financial advice - Richard is not responsible

AI's Hidden Debt Problem Explained

Disclosure: Richard has ETF exposure to all the companies mentioned in the video, and directly owns shares of Alphabet, Meta and Microsoft. Link to spreadsheet: https://docs.google.com/spreadsheets/d/

Canada-US Trade Deal Falls Apart

Video on 50% US Tariffs (Section 338): https://youtu.be/YgbbI_nRF2A?si=KZF_BgWgPgR5kVli Following weeks of negotiations, trade talks abruptly fell apart between Canada and the US last week. Today's vi

Canada's Condo Conundrum

00:00 - Introduction 02:57 - Context 04:12 - Regional Issues 05:54 - Factor: Population Decline 08:25 - Factor: Interest Rates 10:19 - Factor: Economic Slowdown 11:00 - The Condo Factor 13:06 - Condo

Here We Go Again

00:00 - Introduction 01:15 - Context 03:23 - Section 338 Tariffs 04:15 - Canada's Trade Discriminations 08:25 - Scope of 50% Tariff 10:15 - Counterarguments 14:45 - Section 301 Tariffs Trump has annou

Finfluencer Promotions Are Getting Worse

00:00 - Intro 04:38 - Polymarket Scandal 07:58 - Sketchy Stock Promotions 12:31 - AI Promotions 14:13 - Research Paper 14:40 - How is this Legal? 17:10 - Penalties 19:54 - What Can Be Done Today, we’r

Canada's Exit Tax Explained

00:00 - Introduction 02:49 - Exit Tax Basics 07:03 - Exemptions 08:34 - Why the Tax Exists 09:55 - How High the Rates Reach 12:06 - Impact on Corporations 16:02 - The LCGE 16:39 - Deferring Payment 17

The SpaceX IPO Is Wild

00:00 - Introduction 03:44 - SpaceX Overview 04:53 - IPO Details 05:47 - Insane Valuation 06:53 - The Wild Prospectus 11:02 - The Retail Push 11:38 - Other IPOs (Anthropic and OpenAI) 13:23 - The Conc

Canada's Getting a Sovereign Wealth Fund

Prime Minister Mark Carney recently announced that Canada was getting a new sovereign wealth fund, and that individual Canadians will be able to invest in it. Today we'll dive into the details, and wh

Prediction Markets Are Ruining the Finance Industry

2:36 - Prediction Market Background 9:38 - Prediction Market problems 17:02 - The Promotions 21:50 - The Gamblification of Everything 24:23 - Closing thoughts Let's talk about prediction markets... DI