The Maximum Drawdown-Minimized Model Portfolio for Retirement?
Earlier today I posted a model portfolio for 25 year old based on a variety of metrics and assumptions and I asked ChatGPT to create a similar one for retirement. Below is the summary response after a long conversation. AI Response Below is a maximum drawdown–minimized portfolio, explicitly designed to survive 2008-style, COVID-style, and rate-shock…
The Model Investment Portfolio for 25 Year Olds?
This past weekend I had some great conversations with ChatGPT on building some model investment portfolios based on some specific criteria. Long time readers know that I primarily invest in equities/ETFs that have options on them so I can hedge or generate additional income from options trading. With that in mind, I asked ChatGPT to…
My First AI Driven Trades
As I’ve written about creating a new app to help me find net credit collars on equities, I finally decided to trust AI with a couple of trades. Unfortunately the market isn’t static so what you see on a report is likely to change quickly. I had expected to trade the items in highlight in…
Got My Deferred Compensation Funds
Well call it a triple whammy of blessings but I got my deferred compensation funds in one giant lump sum. I was dreading getting this money because it will push me into a higher tax bracket and I honestly don’t know what to do with all the cash anymore. The stock market is over-valued, housing…
New Financial App: Options Put Ratio Finder
I’m sitting on the recliner in my house watching Wisconsin playing Villanova and getting bored so I decided to check out some put spread options for fun and then it hit me! I can build a new app for a YouTube video I saw a while back from Options with Davis. If you want to…
AI Fight Club: Financial Advisor Municipal Bond ETFs
I am having second thoughts about dumping ChatGPT because it just did a brutal knockdown of Gemini as a financial advisor on a municipal bond ETF allocation scenario. Here’s the prompt and the data set fed to both Gemini and ChatGPT. Prompt: You are a financial advisor tasked with allocating $50000 in investment funds into…
Update On My First Financial Trading App
I am just amazed that I am now having Gemini write code for me and it’s actually doing what I want. I don’t have to pay any developer, I don’t have to have conference calls, I don’t need to setup infrastructure. I don’t need to wait, mistakes or errors get fixed almost instantly with chat…
Managing Margin Calls: The Grinch or Santa?
There are $7 trillion dollars in options expiring today. I sent the image below to my siblings about someone’s Christmas bonus going up in smoke as I exercised my put option and forced a margin call on someone out there in the world. They are going to have to cough up $6500 by Monday to…
Building Apps With Gemini Pro – My Third App Sneak Peak!
I’m so excited about my unfinished third app that I wanted to write a post about it! This is my first financial app that is centered around fixing a very annoying and time consuming problem I wrote about recently here. For some quick background, because the economy is spiraling downhill I’ve been trading net credit…