Fisher Wealth Creations - Wealth Creations Education and Tax Coach

07/30/2026

It's been about 20 years since computers have been able to beat world champion humans at chess.1 The machines use a brute force strategy where they analyze millions of possible outcomes for each move on the board. Even the cleverest person can't keep track of that many options, let alone run through all those scenarios in the time allotted for a match.

And those chess programs haven't been using Artificial Intelligence. Our current iterations of AI now offer even more advanced analytical capabilities, which should make them even better suited to predict future scenarios.

Naturally, many investors are now trying to use AI to try to help them make market-beating investments. They believe they can just ask ChatGPT which stocks are about to go up, and then buy them ahead of time.

Unfortunately, the stock market is simply too complex to predict, even for AI.

At any given moment, millions of investors are making trades based on an incalculable number of factors. On top of this are the hard-to-measure motivations that drive economic decision making. In all, you have vastly more inputs than the latest supercomputer could possibly analyze.

David Booth, writing in the Financial Times, observes that that the information available to AI is a subset of all available information. In other words, AI models have less to go on than human analysts. Therefore, it's not reasonable to expect an AI bot to attain greater insight.2

One of the problems with trying to predict the market using the brute-force method that works for chess is that there's no way to predict what level of influence any given piece of data will have.

Booth says, "The market is fantastically complex. So much so that no one knows how much a particular piece of information impacts a price, because there are so many other simultaneous inputs."

He also points out that even if someone did have an AI capable of predicting the market, they would not make it available for public use.

But just because AI can't function as a crystal ball for the market doesn't mean it's not useful for aspects of financial planning—things like analyzing portfolios and exploring possible retirement scenarios.

However, AI models used for this must be specifically trained for these applications and then safeguarded to make sure they don't divulge sensitive information (both risks with using generally available models for financial advice).

Your trusted advisor has created a plan designed to take into account your unique financial situation, including your ability to save and your projected needs in retirement. He or she is helping to implement your diversified investment strategy to take advantage of the power of global markets, including potential gains created by AI innovation.

02/20/2026

Just like in 2018, I'm letting my clients know how much their taxes have been reduced from the Trump/GOP tax reductions. This year it's the OBBBA. A senior will typically save $720. Married seniors $1,440.
Had one client get taxes reduced $3700+ on overtime pay.

02/17/2026

Just the Facts. Most married seniors will get minimum $1,440 tax reduction.
Had a client with OT reduced taxes $3700+
This is real money.

02/05/2026

Friends can bring out the best in us. But sometimes they can also bring out the worst. Especially when it comes to overspending on social occasions.

When we're out with our friends, we often want them to think of us as successful, so we might agree to meet at an expensive restaurant, or even vacation together at a pricey resort. We want to appear so prosperous that money isn't something we have to think about. So, we generously pick up the tab.

But later, we feel remorse as we're paying off high interest credit card debt or putting our long-term saving goals on pause to get our finances back on track.

It's called social spending. And while it affects people of all ages, it especially impacts those under 40. A recent survey by Ally Bank found that nearly 60% of Gen Z and millennials have had their financial goals affected by social spending. And members of these two cohorts also report that they regularly overspend on their social budgets.1

CNBC spoke on this topic with "Emmy," a 31-year-old living in Los Angeles, who found herself caught in a cycle of maxing out credit cards, paying them off, and then running up balances again. The cause was her habitual overspending when she went out with friends.

These relationships were important to Emmy and she eventually realized she didn't have to stop getting together with these friends if they could find cheaper ways of hanging out. But the idea of bringing this up with them was daunting. What if they looked down on her for letting financial considerations affect her social life?

But things went better than expected. Not only did Emmy's friends not judge her for her need to control spending, but they appreciated her honesty.

Real friends support your goals. And as Emmy demonstrated, if you communicate your need to control spending in terms of a positive outcome you're trying to achieve (like paying off high interest debt), your true friends will feel positive about helping you.

Relationships are the most precious things we have in this life and so worthy of spending money on. Getting together with friends is important enough that you should make space for it on your calendar and in your budget.

Working toward your long-term financial goals doesn't mean denying yourself the things that make life worth living along the way. It just means making them part of your plan.

As your trusted advisor we're here to help you achieve lasting financial health. We'll continue to refine your unique plan for success while holding you accountable to take each step required to achieve your goal.

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