[rapind]

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.

[eru]

Instead 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]

Yeah 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]

I'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.

[grey-area]

You are perhaps not as diversified as you think in this top heavy market.

https://stockanalysis.com/quote/lon/VWRA/holdings/

~ 5% Nvidia as biggest holding and 20% in US listed tech companies (most of which are heavily invested in AI), over 60% in the US market, so this ticker is very similar to investing in the US market alone.

Also when a bubble like this deflates it hits almost everything so it is very hard to avoid, but world indexes are particularly exposed.

[eru]

You are right about the numbers. But wrong about what I am thinking: I'm aware, and it's a deliberate choice on my part to allocate in proportion to market cap.

[grey-area]

So you’re heavily invested in this AI bubble then. Your biggest holding is Nvidia.

[rapind]

Yes, 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]

So 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.

[reddalo]

>I can time a bubble

What do you mean? Selling everything before this bubble pops?

[eru]

Oh, if you could time a bubble, you wouldn't just sell everything: you'd sell more than everything. Ie you'd sell short.

[bawolff]

Talk about taking a quote out of context...

[karmakurtisaani]

> taking a quote

What exactly do you mean here? Like quoting it the right way?

[bawolff]

Reddalo 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]

Yeah I tried to make fun of it, but not that successfully I guess.