Hey all!
Exactly as title says, looking at AI stuff.
While I'm not a fan of it, AI isn't going anywhere, and I don't want to miss any potential opportunities when the bubble finally pops, and whoever is left is who I should have invested in in the beginning, if that makes any sense.
I don't really want to buy a whole bunch of individual stocks either, so I started looking at ETFs to be a little invested in as many companies as possible, and stumbled across AIQ and CHAT.
AIQ doesn't pay out distributions worth a crap, but pays every six months, and CHAT has a pretty good distribution of over a dollar, but once a year. Both sound like I'd need to have way more money than I'll ever have invested into them in a large chunk to get any meaningful cash flow in the future, but maybe there's a lot of potential for growth too in the future, if either happens to gain a lot of traction?
Anyone own either or both of these in a non tax advantaged account? Can you give me some insight in layman's terms the advantages and disadvantages of each? Would it be better to keep putting money in QQQI instead, since they're pretty heavy tech based, including companies that are big into AI?
I'd like to be both into companies that are on the hardware side like Nvidia, but also into companies that are gonna make their money on the generative side with whatever they make with it.
In the end, I don't know what I don't know to even ask the right questions, but hopefully I learn something today