Key learning points
- More than a dozen states have or will send inflation-reducing payments to citizens to reduce the burden of inflation
- AI can maximize your returns by analyzing larger amounts of information, generating unique insights, and managing risk effectively
- If you don’t have any bills to pay or need to raise your emergency fund, consider making a lump-sum investment to accelerate your return potential
During the pandemic, the federal government issued three rounds of stimulus to prop up struggling Americans. As inflation eats into workers’ pockets, several states are issuing their own emergency payments. Some call them incentive checks, tax cuts, or inflation cuts – they’re all meant to give citizens a boost in tough times.
wait, where is mine pay inflation adjustment?
Unfortunately, not every state distributes financial aid, and no two states give the same aid to all citizens.
We won’t cover all of them today, but some of the largest payments ($500 or more) go out in Alaska, California, Colorado, Maine, New Mexico, and South Carolina. (Read more about these inflation relief payments here.)
Granted, these payments come at a unique time. As inflation continues to erode household finances, the US remains in the grip of a surprisingly tight labor market, complete with labor shortages, rising wages and sharply low unemployment.
At the same time, GDP data suggests that we are in a technical recession, although the debate about whether and when we will enter a “true” recession continues.
What should you do with your inflation deduction benefit?
These inflation relief benefits are designed to ease the financial burden on lower and middle class families in America. Some people spend it on bills, rent, or food, among other daily necessities. Others might put it in a high-yield emergency savings account or put it toward that new house or car.
But of course we have another suggestion here at Q.ai: investing. If your stomach is full, your rent is paid, and your emergency fund is thick, investing a significant lump sum can really speed up your long-term earnings.
And there is no better way to invest than with AI by your side.
5 Ways AI Can Maximize Your Inflation Relief Payments
AI – artificial intelligence – is a concept straight out of science fiction. And while the phrase might bring to mind futuristic robots or killer computer programs, there’s: a lot more than that.
For example, in the fintech (financial technology) space, AI is trained to analyze data and generate patterns, predictions and other results. In particular, Q.ai leverages a wide variety of specially trained AI applications to help investors execute smarter money transactions.
Here’s how Q.ai’s AI investment algorithms can get the most out of your inflation relief payments.
Automate investment data collection
Even for hedge funds with tons of money and resources, investment research and analysis is a costly undertaking. It requires analysts, industry specialists, and a lot of capital and expensive software to stay competitive. Even then, there is a significant risk that you will make the wrong investments at some point.
But AI can work faster and cheaper (and once trained, without human intervention). Technology just keeps getting better, often resulting in faster, more intelligent insights for investors and analysts alike.
Generate unique insights with alternative data
Admittedly, AI is still in its infancy, the apprenticeships, if you will. For now, AI relies on existing databases of knowledge and information to train its algorithms in recognizing patterns, drawing conclusions, and generating predictions.
Take the web-based Dall-E Mini (recently renamed Craiyon), an open-source AI that generates images from text using existing art and photos as “inspiration.”
In a similar vein, there is the Colorado artist who caused controversy when his artificial intelligence painting won the Colorado State Fair’s digital art competition.
And let’s not forget the creepy Loab woman who makes rounds in the artificial intelligence painting community.
But the way investment AI works is slightly different. Instead of making subjective art based on subjective tastes, it picks up on objective data such as numbers and historical trends to generate forecasts and predict investment performance.
AI can not only analyze data faster and from more angles, but it also processes a wider variety of data. (Consider examining satellite imagery to estimate how current crop growth might affect future commodity prices.)
Using this kind of complicated analysis, Q.ai’s artificial intelligence can generate unique, actionable insights using a mix of traditional and alternative data.
Dealing with risk more effectively
At Q.ai, we use artificial intelligence algorithms to guide investment selection within each “basket” or investment kit. In addition to designing our kits, we also use AI to help manage and mitigate the risks within and between each kit.
To begin with, Q.ai diagnoses the specific risk level of each kit and its correlation with other kits. We then use AI-generated allocations to balance investments across Kits to better manage and, where possible, minimize risk. Over time, our AI uses these strategies to optimize returns and reduce the impact of major downswings.
Offers unique portfolio protection features
Our AI may manage risk, but it cannot completely eliminate them. That’s where our unique Portfolio Protection feature comes in handy.
When investors activate Portfolio Protection, our AI-powered forecasts adjust certain factors to account for potential negative effects. For example, our AI assesses interest rate, oil price and volatility risks in our backbone Foundation Kits. We then use multiple neural networks to predict possible consequences of these risks.
Using the resulting data, Portfolio Protection can add hedging strategies to offset expected downturns. While the resulting precautions may somewhat hinder growth, they can also significantly reduce risk in volatile markets, limiting the downside risk of any investment.
Diversify your portfolio
Finally, Q.ai makes it easy to start investing with instant diversification.
Each of our Kits, regardless of type or purpose, invests in a basket of carefully selected (well, AI-selected) effects. From the Large Cap Kit’s focus on larger companies to Bitcoin Breakout’s concentration on cryptos, our AI makes it easy to spread your eggs across multiple assets and/or industries.
And since you can invest in more than one kit at a time, you can expand your diversification – and the power of AI – to improve your investment strategy.
Increase your inflation relief payments with Investment Kits
We’ve mentioned these “Investment Kits” a few times now, so we thought it was only fair to give a brief explanation.
Q.ai’s Investment Kits are one-click investments that contain a basket of stocks, bonds, ETFs, cryptocurrencies and other vehicles. Altogether, Kits can contain 5 to 50 effects and are rebalanced weekly for maximum efficacy.
Each kit is powered by AI to simplify investment success for retail investors who don’t have the time, resources or knowledge to invest like the pros. We group them into four basic categories, each based on expert portfolio management techniques and guided by the power of neural networks.
Foundation Kits serve as the basis for your investment portfolio. We offer three paths, each emphasizing technology, value or global microtrends.
Limited Edition kits create themed short-term trades to capitalize on AI-predicted trends. As trends fade, these Kits can only last a few weeks before they expire forever.
Special kits allow investors to tap into popular themes such as meme stocks, crypto or clean energy. But unlike our Limited Edition Kits, they don’t expire – they just evolve over time.
Community Kits enable investors to leverage Q.ai’s unique partnership with TBEN by building Kits based on crowdsourced feedback.
If you’re curious about how Q.ai’s investment kits can affect your financial life, check out our full explanation here.
Q.ai makes investing a breeze
For many, rising inflation meant they struggled to pay rent, buy food, or enjoy luxuries as they used to. That’s why many states spend their payments on inflation relief: to take the sting out of the post-Covid economy.
But if you don’t need the money now, our AI can help you turn a few hundred dollars into a few thousand. (With enough time, anyway.)
And if you’re not sure where to start, we can help there too. By combining our inflation kit with Portfolio Protection, you can hedge your bets in more ways than one – and even make a profit when others see losses.
Download Q.ai today to access AI-powered investment strategies. If you deposit $100, we will add an additional $50 to your account.