So i input my entire portfolio data into AI… Single stocks, etfs, roth ira, and my 403b. I asked it to optimize for my goals – tax considerations, retiring in my 40s (2 year away) traveling around the country with the fam, etc.
It came up with a barbell strategy of about 30% safety net (tsp g-fund, total bond fund, money market) and 70% aggressive (s&p 500, international, multifactor, momentum funds) and where to keep each fund – brokerage vs retirement. it says this is a withdrawal portfolio and not an investment porfolio. AI then recommended monte carlo simulations – and the sim came back with a safe withdrawal of 5.1% and perpetual of 3.8%.
Anyone else use AI to look into their portfolio mix and customize their holdings? is AI saving me money – from paying a fiduciary to anaylze it or am I missing something?
Using AI to manage entire porfolio. Anyone else?
byu/slickjoelusaf ininvesting
Posted by slickjoelusaf
11 Comments
Yep. Me too. It’s been very helpful.
AI is like the college intern you question how did he make it past ATS. At best he gives you stuff riddled with errors and you yell at him once with clearer instructions and then he corrects himself until the next mistake. At worst he comes back butter you up with flattery only to give the exact same errors. Makes you question how much confidence do you put in this kind of intern? Can he go and gather documents and organize documents…yea it’s low risk and high effort. Can you trust him to give you decision making insight? Well you already seen him mistaking one key fact for another….how much money do you riding on that decision?
Nice try robot.
No
All AI does is take random information from a crap load of websites. Garbage.
AI isn’t a genie or the computer from the hitchhikers guide to the galaxy, it’s actually wrong a lot.
I train AI to do this and formerly worked on wallstreet, advised hedge funds. There is no current AI that’s capable of what you’re describing. But they can convince you they’re capable.
Good luck
Nah.
I do agree with you this will likely net you similar results to paying a money dude with none of the overhead if you stay on top of things.
One tip though is for stuff like this that’s incredibly important you really need to use AI adversarially. Like prompt Gemini with what ChatGPT came up with and ask it to point out all the flaws (and vice versa) and what suggestions it has. Sure different models will tell you different things with the same inputs but for something this important you should evolve and refine your approach and hear a diversity of opinions.
you go right on and do that
I’ve heard Claude Agent is being used to trade on account holder behalf, that seems too risky. Perhaps in an isolated account with controlled cash. I suspect whoever is doing that will also use Claude for tax season.
I did use AI to help with the development of an app to replace my static spreadsheet. That works well and doesn’t provide financial advice.