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Show HN: Use wealthbot.io to easily setup your own portfolio management platform

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Re: Show HN: Use wealthbot.io to easily setup your own portfolio management platform

#3
post #2

What part of this is written in COBOL? I was looking in the repo but couldn't find anything to match.

None actually. Haven't gotten around to troubleshooting linguist yet - https://github.com/github/linguist#troubleshooting

Re: Show HN: Use wealthbot.io to easily setup your own portfolio management platform

#5
post #3
post #2

What part of this is written in COBOL? I was looking in the repo but couldn't find anything to match.

None actually. Haven't gotten around to troubleshooting linguist yet - https://github.com/github/linguist#troubleshooting

Pretty sure it's this large file.

https://github.com/wealthbot-io/wealthbot/blob/master/system...

Re: Show HN: Use wealthbot.io to easily setup your own portfolio management platform

#6
post #4

It seems like this is targeted at Investment Advisors, would it be useful for the rest of us without any finance training?

You could use it to track the performance and to rebalance your own portfolio.

Here's some background on rebalancing: http://www.bogleheads.org/wiki/Rebalancing

Btw, I highly recommend Bogleheads.com if you want to learn more about personal portfolio management.

Re: Show HN: Use wealthbot.io to easily setup your own portfolio management platform

#7
post #3

Earlier quoted context omitted.

None actually. Haven't gotten around to troubleshooting linguist yet - https://github.com/github/linguist#troubleshooting

Pretty sure it's this large file. https://github.com/wealthbot-io/wealthbot/blob/master/system...

Yay, thanks for that! Fixed. That's been so annoying.

Re: Show HN: Use wealthbot.io to easily setup your own portfolio management platform

#8
post #6
post #4

It seems like this is targeted at Investment Advisors, would it be useful for the rest of us without any finance training?

You could use it to track the performance and to rebalance your own portfolio. Here's some background on rebalancing: http://www.bogleheads.org/wiki/Rebalancing Btw, I highly recommend Bogleheads.com if you want to learn more about personal portfolio management.

When I got my first job after college I somehow stumbled upon Bogleheads.org after receiving an indecipherable 401k information packet and trying to figure out what to do. An invaluable resource, their wiki led me to the church of low-cost index funds.

And that's the story of how I realized my roommate had screwed me over when he convinced me to open a Roth IRA with him at Primerica with the money from my junior-year internship. >1.5% ER, 12b1 fee, front-load sales, the works.

He ended our friendship when I transferred the account to Vanguard.

Re: Show HN: Use wealthbot.io to easily setup your own portfolio management platform

#9
post #8
post #6

Earlier quoted context omitted.

You could use it to track the performance and to rebalance your own portfolio. Here's some background on rebalancing: http://www.bogleheads.org/wiki/Rebalancing Btw, I highly recommend Bogleheads.com if you want to learn more about personal portfolio management.

When I got my first job after college I somehow stumbled upon Bogleheads.org after receiving an indecipherable 401k information packet and trying to figure out what to do. An invaluable resource, their wiki led me to the church of low-cost index funds. And that's the story of how I realized my roommate had screwed me over when he convinced me to open a Roth IRA with him at Primerica with the money from my junior-year…

You don't need friends or funds like that :) I always recommend low-cost index funds to anyone who asks, even though I'm no pro investor. It just seems like a pretty obvious way to not miss out if the market moves without risking much more than anyone else if it tanks.
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