New App Copies Politician's Stock Market Portfolio On Autopilot

What If You Could Copy The Best Investors?

What if there was an app that could COPY the most successful stock trading figures like politicians and financial experts?

Well, now there is. It’s an app called Autopilot.

Autopilot will literally copy the stock investment decisions of the world’s richest people for you.

This makes it a great option for anyone who doesn’t know how to buy or sell stocks, or for anyone who hasn’t had luck with their own investments.

But what are the drawbacks? And does it really work?

How Autopilot Mimics the Masters

Autopilot operates on a clever principle; following the investment strategies of prominent figures.

The app leverages a concept known as copy trading, a practice where investors mirror the trades of established individuals with proven track records.

But there's a twist: Autopilot specifically focuses on politicians and their publicly disclosed stock holdings.

This strategy hinges on a fascinating regulation known as the Stock Act.

Enacted in 2012 by the Obama administration, the Stock Act mandates members of Congress to disclose their stock trades within 45 days of executing them, aiming to prevent insider trading, where individuals leverage non-public information for financial gain.

Here's how Autopilot uses this to your advantage:

• Tracks Filings: The app constantly monitors filings submitted by politicians under the Stock Act. This data includes the specific stocks bought and sold, along with the dollar amount invested.
  

• Curated Portfolios: Autopilot doesn't simply throw every politician's trade at you. Instead, it curates a selection of "pilot portfolios" based on various factors. These could include historical performance, risk tolerance, or industry focus. You choose a pilot that aligns with your investment goals.
  

• Automated Mimicry: Once you select a pilot, Autopilot takes the wheel (pun intended). It automatically mirrors the pilot's trades in your brokerage account, allowing you to passively invest alongside these potentially savvy individuals.

Autopilot in Action: Hype vs. Reality

Take Nancy Pelosi, the Speaker of the House. Her stock picks have garnered significant attention, and investors following her portfolio on Autopilot have reportedly enjoyed returns exceeding 15% in the past year. 

Cathie Wood, the founder of ARK Invest, is another example. Known for her bold, tech-focused investments, Wood's strategy has resonated with Autopilot users.

By mirroring her approach, some portfolios have experienced significant growth, exceeding 21% thanks to the recent tech stock surge.

There’s also a really funny (and surprisingly effective) setting called the "Inverse Cramer" strategy, where investors do the opposite of CNBC host Jim Cramer's recommendations, resulting in consistent positive returns.

Additionally, users following Michael Burry, known for his successful prediction of the 2008 housing crisis and protagonist in the movie The Big Short, have reported significant gains.

You can also copy world famous financial expert Warren Buffet’s decisions, with a lot of reddit users reporting seeing returns of over 12%.

Convenience, Diversification, and Learning

The true value of Autopilot lies in its ability to simplify the investment process.

Forget spending hours poring over financial reports and news articles. Autopilot eliminates the need for in-depth research and analysis.

You simply choose a “pilot” whose investment style aligns with your goals, and the app takes care of the rest.

Another benefit is the automatic diversification that comes with following a curated portfolio.

By mirroring the holdings of a chosen pilot, you spread your investments across different sectors.

This diversification helps mitigate risk, a crucial aspect of any sound investment strategy. Even if one sector experiences a downturn, the others can potentially offset those losses.

The BMM Takeaway

While Autopilot automates the process, it also means relinquishing some control.

You're essentially putting your trust in the pilot's choices, which may not always align perfectly with your risk tolerance or investment goals.

Plus, just because politicians might have insider info, or financial experts have extra know-how, it doesn’t guarantee you’ll make money by copying them.

The market will always be volatile, and many politicians continue to fail to report stock activity.

So while this may be an effective way to fight back against insider trading, it isn’t perfect.

Disclaimer: The information contained in this article is not intended and shall not be understood or construed as financial advice. The team at Big Money Methods have done our best to ensure the information provided in our articles is accurate and valuable information. Regardless of anything to the contrary, nothing through this website should be understood as recommendation that you should not consult with a financial professional to address your particular information.