In the latest installment of Man vs. Machine, Retirement Daily asked ChatGPT the following question: What are the benefits of investing in a CIT instead of a mutual fund in my 401(k)? Retirement Daily then asked Bonnie Treichel, Founder of Endeavor Retirement and Endeavor Law, to critique the answer by confirming: What did ChatGPT get right, what did it get wrong, and what were the material omissions?
In this article, Bonnie analyzes the information provided by ChatGPT. She highlights that ChatGPT is a great starting point for the information, but the output did miss some important distinctions between CITs and mutual funds. To see Bonnie’s review of the ChatGPT response, click here Man Vs. Machine: Benefits of Investing in a CIT Instead of a Mutual Fund in 401(k) – Retirement Daily on TheStreet: Finance and Retirement Advice, Analysis, and More