The Lowry Letter®

Week of 3/23/2023

Many of you use the Investor360 web and mobile apps. We are excited to let you know that our Investor360° overview video has been revised to include recent updates, such as multifactor authentication, that we’ve made to the platform. Here is the updated Investor360° video tour.

Also, if you are using TurboTax and trying to link for tax forms, make sure you select Investor360 and not NFS/Wealthscape.

YouTubing engineer Mark Rober highlights a pretty neat new drone for package delivery.

It is hard to believe that March 23 marks the 13^th anniversary of the passage of the Affordable Care Act (Obamacare). There is no question that the law has had a major impact on healthcare policy and politics in the United States.

Dodge will soon stop producing gas versions of their muscle cars, the Challenger and Charger. As a last hurrah, they announced the Challenger SRT Demon 170. The performance stats on this car are astounding. 0-60 in 1.66 seconds(!!!) from an engine generating 1,025 horsepower and 945 lb-ft of torque. And it will do it for an MSRP of less than $100k. We remember the McLaren F1, which delivered then-amazing performance (0-60 in 3.2 seconds) in the mid-1990s with price tag of more than $800k! Inflation has not been a problem for vehicular performance.

This family of six escaped the communist purges of the 1930s by setting up camp in Siberia, 150 miles from the nearest town. The family was completely isolated for 40 years, until rediscovered by a team of geologists in 1978. Today, the sole surviving family member still lives in the wilderness alone, and has her own YouTube channel.

Q: How is Artificial Intelligence affecting your business?

A: Right now, the direct effects are limited. Most tools available to users like us are basic, and not suited for the real-time questions we have to answer, such as reviewing current data on specific securities.

However, we think it is and continues to be a great tool for research. For example, a question to ChatGPTPlus about estate planning produced 10 helpful strategies that people should consider. It does not replace a competent estate planning attorney (or financial advisor) but is a tool that is worth time and attention.