The AI (ChatGPT) Stock Investing Handbook: Starter Stock Portfolio

Here is the response from ChatGPT for the prompt starter stock portfolio entered on January 20, 2023.

A starter stock portfolio is a collection of stocks that an investor can use to begin their journey in the stock market. The composition of a starter stock portfolio will depend on an individual's investment goals, risk tolerance and time horizon. However, generally speaking, a starter stock portfolio should be diversified and should include a mix of different stocks from different sectors and industries.

A common approach for building a starter stock portfolio is to include a mix of blue-chip stocks, which are large and well-established companies with a strong track record of performance and stability, as well as growth stocks, which are companies that are expected to experience above-average growth in the future.

Here's an example of a starter stock portfolio:

• Blue-chip stocks: For example, companies like Apple, Microsoft, and Amazon are considered blue-chip stocks and have a strong track record of performance and stability.
• Growth stocks: For example, companies like Netflix, Tesla and Zoom, which have experienced high growth in recent years and are expected to continue to grow in the future.
• Index Funds: Investing in index funds can provide a low-cost way to get exposure to a broad range of stocks across different sectors and industries. For example, investing in S&P 500 index fund will give exposure to large-cap companies in the US.

It's important to note that this is just an example, and the composition of a starter stock portfolio will depend on an individual's specific investment goals, risk tolerance, and time horizon. Additionally, it's always important to do your own research and due diligence before making any investment decisions.