Michael Paladino boosts investment portfolio 20% using AI tools
Updated
Updated · Reuters · May 5
Michael Paladino boosts investment portfolio 20% using AI tools
4 articles · Updated · Reuters · May 5
The 27-year-old Tampa supply chain manager says AI helped add $75,000 after he used prompts on portfolio design, retirement targets and monthly investing needs.
He now invests about $2,000 a month, mainly in VOO and QQQ, and says AI analysis helped him cut roughly 25 holdings down to two funds.
Wells Fargo’s 2026 study found one in five US adults and 38% of Gen Z used AI for money guidance, though advisers warn inexperienced investors may gain false confidence.
AI can boost your portfolio but might also take your job. Is this tech a path to early retirement or financial ruin?
If AI has no accountability, who pays the price when its financial advice for millions inevitably goes wrong?