Hey product hunters!
Just wanted to quickly introduce a small side project I've been working on for the last while.
I’ve been exploring the idea of a passive income for some time now, specifically in the context of dividend-paying stocks/ETFs. Very quickly, I realized that it’s pretty challenging to be able to come up with a portfolio that would generate you a required X dollars per on average.
The task overall seemed like an optimization/search problem so I decided to try using my favorite genetic algorithms to tackle it.
So, after a bunch of months of spare-time hacking the first version of the project has been released - WealthPIC, a free Passive Income Calculator - https://wealthpic.info!
The basic idea is simple - given an objective ("I want to receive X dollars per month"), the app will generate a totally random portfolio that satisfies it. Then one can start playing with it by adding additional constraints, filters, pinning and removing entries, and so on until, hopefully, the dream portfolio is found.
The app is in a very early stage and most definitely contains bugs but I think it might already be useful enough, plus I'm hoping to continue working on it and add new features.
Would gladly accept any constructive comments and feedback.
WealthPIC