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I was able to create a custom index based on the top 500 that I stripped the big AI stocks from (shovels too). Then I added decent chunks of international, smal
by rapind 2mo ago
I was able to create a custom index based on the top 500 that I stripped the big AI stocks from (shovels too). Then I added decent chunks of international, small cap, and treasury ETFs to it.
I have no illusions that I can time a bubble, but I'm hopeful I'm at least partially shielded, and most importantly I feel better about ignoring wall street again.
- reddalo 2mo ago>I can time a bubble What do you mean? Selling everything before this bubble pops?
- bawolff 2mo agoTalk about taking a quote out of context...
- karmakurtisaani 2mo ago> taking a quote What exactly do you mean here? Like quoting it the right way?
- bawolff 2mo agoReddalo omitted the negation when quoting the parent comment. In general its considered rude to quote someone in a way that implies they are saying something different from what they said.
- karmakurtisaani 2mo agoYeah I tried to make fun of it, but not that successfully I guess.
- reddalo 2mo agoSorry, my bad. I just wanted to know what the OP meant by "timing a bubble", I didn't want to insinuate that they said something different.
- eru 2mo agoOh, if you could time a bubble, you wouldn't just sell everything: you'd sell more than everything. Ie you'd sell short.
- eru 2mo agoInstead of starting with the top 500 American stocks, and then adding international and small caps, you can start with a global all-market stock index--and then remove AI from that.
- rapind 2mo agoYeah I couldn't figure that out with Questrade (Canada). It's a pretty new feature, but I think it's great, so I hope they expand their baseline indexes. I was considering writing a tool that simply follows any index you choose with a .toml of simple config options, like which stocks to exclude, potential fixed locks for specific stocks (or maybe upper and lower percentage of portfolio settings), a hard per stock cap (say AAPL at 3%), and drift threshold. Something you just run once a day and it spits out your buy / sell orders. Seems like this is something brokerages are already offering in some variation though, and I'm not sure what, if any, API access looks like, or export / import options.
- eru 2mo agoI'm in Singapore. My money is in VWRA (without bothering to remove AI companies). Your idea for the tool sounds interesting. I suspect even just copy-and-pasting the paragraph you wrote here into your favourite AI programming agent would get you pretty close to a prototype you can play around with. At least in terms of 'spit out buy / sell orders' and leaving out the API integration.
- rapind 2mo agoYes, it's a very simple concept IMO. Without API access or at least CSV import / export integration w/ a brokerage for automation I don't think I'd use it. I could have an agent use the Web UI on my behalf, but honestly, that feels like lighting tokens / gas on fire.
- eru 2mo agoSo at least IBKR has some MCP (or so) integration. If you are not trying to be current up to the minute, you can get stock information from eg Yahoo or elsewhere on the open web.