Using Artificial Intelligence to Invest

So that’s a bit of a misnomer. Blindly going along with what a computer tells you is not investing, it’s speculating. But while I take my investments very seriously, I am working on fixing the worlds problems by finding a way that we can easily scale and duplicate income. So I’m not beyond testing an investment AI. Besides I have a lot of fun playing with stocks and technology.

So for whatever reason I remembered today that a few months ago I messed around with Toggle AI. I forgot about it because I did it on my Robinhood account. It’s the brokerage I used to do stupid things – like blindly trust a computer or buy shares in a random IPO for FIGS (I literally don’t even know the company’s name or what it does). Anyway that’s a separate conversation. I went on toggle found high confidence recommendations – trying to maximize their returns and set stop losses. See ya in two months.

Except when I logged in now the stop losses had triggered and some winners were left. Below is a list of the purchases.

TickerBuySellReturn
BWX29.5429.890.01184834123
IHT2.62.07-0.2038461538
JBHT168.82164.77-0.02399004857
TMST11.4114.430.2646801052
VSTO31.4531.33-0.003815580286
MTRN66.4777.480.165638634
BG78.6380.50.0237822714
23.43%
Preliminary Returns from Toggle AI

The last two – the majority of my gains are still not sold. Instead, I marked it to market as of noon today. So to summarize. I spend an hour setting these trades up two months ago and I’ve realized 4% gains as of today and have unrealized gains of 23% overall. In two months! With minimal effort.

Don’t get me wrong, I don’t really believe this to be a sustainable approach to investing or having recurring passive income. I mean if the market isn’t efficient, wouldn’t it be after AI gets dont with it? Nonetheless, this is too much fun not to keep trying. I’ll post again soon. Hopefully this time documenting my expectations of whatever I buy.