(Ebook) Build a Robo Advisor with Python (From Scratch) MEAP V01 by Rob Reider, Alexander Michalka ISBN 9781633439672, 1633439674

(Ebook) Build a Robo Advisor with Python (From Scratch) MEAP V01 by Rob Reider, Alexander Michalka ISBN 9781633439672, 1633439674

Take control of your wealth management by building your own reliable, effective, and automated financial advisor tool.In Build a Robo Advisor with Python (From Scratch) you’ll learn how to• Measure returns and estimate the benefits of robo advisors• Use Monte Carlo simulations to build and test financial planning tools• Construct diversified, efficient portfolios using optimization and other advanced methods• Implement and evaluate rebalancing methods to track a target portfolio over time• Decrease taxes through tax-loss harvesting and optimized withdrawal sequencing• Use reinforcement learning to find the optimal investment path up to, and after, retirementEvery day automated digital advisors, also called robo advisors, make financial decisions worth millions of dollars. Build a Robo Advisor with Python (From Scratch): Automate your financial and investment decisions teaches you how to construct a Python-based financial advisor of your very own! You’ll develop a flexible tool that’s capable of managing a real investing strategy—all with popular free Python libraries.about the technologyAutomated “robo advisors” are commonplace in financial services, thanks to their ability to give high-quality investment advice at a fraction of the cost of human advisors. Your own robo advisor will be a real asset for your financial planning, whether you’re saving for retirement, creating a diversified portfolio, or trying to ensure your tax efficiency.about the bookIn Build a Robo Advisor with Python (From Scratch), you’ll design and develop a working financial advisor that can manage a real investing strategy. You’ll add new features to your advisor chapter-by-chapter, including determining the optimal weight of cryptocurrency in your portfolio, rebalancing to keep your investments on target while minimizing taxes, and using reinforcement learning to find a “glide path” that can maximize how long your money will last in retirement. Best of all, the skills you learn in ...