Q&A: Is ChatGPT's Portfolio Better Than VTSAX?

Afford Anything

Paula Pant | Cumulus Podcast Network

Investing, Business, Entrepreneurship

4.6 • 3.4K Ratings

🗓️ 5 August 2025

⏱️ 104 minutes

🔗️ Recording | iTunes | RSS

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Summary

Your Next Raise now open for enrollment! https://affordanything.com/how-to-negotiate-your-next-raise #631: Jason's analysis of his retirement plan shows that the simple path beats the efficient frontier. Is he right or is he missing something? Minerva is worried about the impacts of tax inefficiency to her wealth. Are her investments properly located? Scott feels frozen because he doesn’t understand the nuances of the efficient frontier. Where can he get a simplified explainer so he can start taking action? Former financial planner Joe Saul-Sehy and I tackle these three questions in today’s episode. Enjoy! P.S. Got a question? Leave it here. Resources Mentioned: https://affordanything.com/how-to-negotiate-your-next-raise/ ⁠https://affordanything.kit.com/assetlocation ⁠Join Paula at Acorns and get your $5 bonus!⁠ https://affordanything.com/577-qa-the-efficient-frontier-was-perfect-until-hr-got-involved/ https://affordanything.com/547-ask-paula-we-have-2-million-at-40-now-what/ https://www.whitecoatinvestor.com/small-cap-value-etf/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Joe, you know what I was thinking about the other day?
0:03.3	I do not.
0:05.4	And it really bothers me that I'm not yet clairvoyant.
0:09.6	So I was thinking about how we in the personal finance community often associate a particular concept with a particular person.
0:17.0	So for example, the 4% withdrawal rate, Bill Bankin, VTSAX and Chill, J.L. Collins.
0:25.1	Four fund portfolio, Paul Merriman. And you, Joe, you are the efficient frontier guy.
0:33.1	Oh, ho! Move over, Nobel Prize winner, Harry Markowitz.
0:38.2	Joe, today is going to be the Joe show because we've got three questions about the efficient frontier.
0:45.5	Wow. Let's do it.
0:47.8	Welcome to the Afford Anything podcast, the show that knows you can afford anything, not everything.
0:53.4	This show covers five pillars. Financial
0:55.5	Psychology, increasing your income, investing, real estate and entrepreneurship. It's
1:00.0	double-eye fired. I'm your host, Paula Pant. Every other episode, we answer questions that come
1:06.1	from you, and I do so with my buddy, the former financial planner, Joe Sal C-Hi.
1:11.4	What's up, Joe?
1:12.6	Oh, man, Paula, as you know, but our Ford Anything community doesn't know,
1:17.5	I'm kind of here as a distraction today because about a week ago, we had a storm that rolled through Texarkana.
1:24.2	And about 15 minutes after it started storming, it was raining inside a Cheryl's closet,
1:28.7	my spouse's closet. It was raining down our fireplace. We're now changing out so much stuff.
1:35.2	Luckily, we're doing a building project. And this is a great time to talk about insurance
1:40.1	for just a second. Thank goodness for insurance policies. But yeah, we're going to be moving in with you,
1:45.9	Paula. Welcome to my 600 square foot Manhattan apartment. Oh, it'll be so great. It'll be so great.
	...

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