Episode 274: The Pitfalls of Retirement Calculators and Being Unrealistically Conservative, AI Musings And Portfolio Reviews As Of July 7. 2023

<p>In this episode we answer questions from Shplendid Spencer, Russel and MyContactInfo.  We discuss the pros and cons of online calculators and how they are commonly inadequate and/or misused, why being conservative beyond realistic possibilities is probably not a good idea overall, and an article by Aswath Damodaran about Nvidia, the chip industry and the implications of AI for DIY investing.<br/><br/>And THEN we our go through our weekly portfolio reviews of the seven sample portfolios you can find at <a href='https://www.riskparityradio.com/portfolios'>Portfolios | Risk Parity Radio</a>.<br/><br/>Additional links:<br/><br/>Spencer&apos;s Tool Link:  <a href='https://engaging-data.com/will-money-last-retire-early/'>Rich, Broke or Dead? Post-Retirement FIRE Calculator: Visualizing Early Retirement Success and Longevity Risk - Engaging Data (engaging-data.com)</a><br/><br/>Similar Portfolio Visualizer Analysis Tool:  <a href='https://www.portfoliovisualizer.com/asset-liability-modeling'>Asset Liability Modeling (portfoliovisualizer.com)</a><br/><br/>Tyler on Security Analysis Podcast:   <a href='https://www.securityanalysis.org/p/tyler-portfoliocharts-the-amazing#details'>Tyler (@PortfolioCharts): The Amazing Power of Uncorrelated Assets (securityanalysis.org)</a><br/><br/>Portfolio Charts Heat Map Tool:  <a href='https://portfoliocharts.com/portfolio/heat-map/'>HEAT MAP – Portfolio Charts</a><br/><br/>Article on The Top Five Regrets of the Dying:  <a href='https://en.wikipedia.org/wiki/The_Top_Five_Regrets_of_the_Dying'>The Top Five Regrets of the Dying - Wikipedia</a><br/><br/>List of Cognitive Biases:  <a href='https://www.prospectingmimeticfractals.com/the-prospecting-lens.html'>The Prospecting Lens - Prospecting Mimetic Fractals</a><br/><br/>Aswath Damodaran Article:  <a href='https://aswathdamodaran.blogspot.com/2023/06/ais-winners-losers-and-wannabes-nvidia.html'>Musings on Markets: AI&apos;s Winners, Losers and Wannabes: An NVIDIA Valuation, with the AI Boost! (aswathdamodaran.blogspot.com)</a><br/><br/>