Yes, the portfolio cost minimization is not currently included in the main objective. Because of this it can produce a wide variety of portfolios for the same amount of the income. This allows one to explore a wider solution space and then gradually tune the portfolio as needed.
I have it in my todo list to add a minimization as an additional objective and will start working on it shortly.
Issuer is basically just one record in a portfolio, like one company or ETF, potentially with multiple shares. This allows you to express conditions like - "I don't want more than 30 entries/issuers in my portfolio", or "it should consist of at least 20 ones" and stuff like that.
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.
I, personally, use it to generate stock/ETF portfolios with my app https://wealthpic.info/