1Sem.·

Trading with AI

Hello everyone,

I'm still quite new to the trading game. I've read up on the basics and work a lot on gut instinct. But I also often use ChatGPT to check my tendencies - now ChatGPT has recommended a gold ETC in addition to the ETF savings plan in the $IWDA (-0,81 %) also recommended a gold ETC $IGLN (+1,08 %) . What do you think?


Swarm knowledge is always a welcome source of knowledge for me ♥️

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Why not? I would perhaps make sure that it is tax-free after one year, but I'm not entirely sure about $IGLN. Do you want to trade or invest properly?
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I can only say gold is a good investment and an ETF you should watch out for the costs. One more thing, I think investing is not a game 🙂
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Personally, I would not make a savings plan on gold. What would be an option for me would be to buy small pieces/coins and (tax-free pieces) when the opportunity arises. In Berlin, we have a number of divorces. If there are a few euros left over, I would buy them. Maybe a small backdoor to sell if the market is bad at the moment. And of course just to have the shiny stuff. :-) and to feel like Scrooge McDuck in his gold store.............In umpteen years. :-)

Have a good start tomorrow.

Carsten
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$WGLD is also tax-free
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