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VUE | May/June 2024

The Digest | New Jersey Magazine

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Investment and insurance products offered through RBC Wealth Management are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested. © 2024 RBC Wealth Management, a division of RBC Capital Markets, LLC, registered investment adviser and Member NYSE/FINRA/SIPC. Senior Vice President - Financial Advisor Senior Portfolio Manager - Portfolio Focus (201) 634-8024 | anthony.cristiano@rbc.com 650 From Rd., Suite 225 | Paramus, NJ 07652 us.rbcwm.com/anthony.cristiano followed by large pullbacks and so on. Investors in this space should be prepared for market volatility and be able to withstand short term fluctuations of their investments in the sector. In conclusion, while investing in AI seems exciting and clearly offers the potential for significant long- term returns, it also comes with a range of risks that investors should consider carefully. e rapidly evolving nature of the technology, cybersecurity risks, and the ethical and regulatory environment underscore the need to be hypervigilant, and investors should employ a diligent approach and a long-term perspective to navigate these risks successfully. If you are considering adding a component related to AI to your portfolio, I urge you to review my "5 Golden Rules" from the last issue of the VUE. In addition, unless you are somehow qualified to do so and have the time and requisite expertise, you might consider seeking professional guidance or management as you invest in this new technology. I cannot emphasize enough that this is not a recommendation to invest in the AI space but just a discussion of the risks and opportunities associated with doing so. B E L L W O R K S 101 Crawfords Corner Rd., Holmdel, NJ 07733 732.444.1063 Monday: 9am–3pm | Tuesday: 8am–3pm Wednesday: 11am–8pm | ursday: 12pm–7pm Friday: 9am–5pm | Saturday: 8am–3pm S A L O N C O N C R E T E . C O M Photo Credit: Mark Conte /SalonConcrete salonconcrete salonconcrete ANTHONY (TONY) CRISTIANO

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