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Show HN: Wealthfolio: Private, open-source investment tracker

wealthfolio.app

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Re: Show HN: Wealthfolio: Private, open-source investment tracker

#261

Post by mp05 »

zymhan wrote: post #210
mp05 wrote: post #202

Earlier quoted context omitted.

Interesting that you're this paranoid, but yet you trust banks.

At least in the US, you don't have to trust a bank. You just trust the FDIC. Also, what a glaring false dichotomy.

My point wasn’t necessarily creating a false dichotomy, since I was highlighting the inconsistency in the argument about trusting banks but dismissing reputable third-party apps on the whole. Does this person distrust consumer protections set up to allow for such tools to exist in the first place?

So to make "false dichotomy" stick, you going to need to assert that if Quicken were breached and this lead to my Schwab account being accessed by a bad actor, I actually am shit out of luck. Will you do that?

Re: Show HN: Wealthfolio: Private, open-source investment tracker

#262

Post by boulos »

insane_dreamer wrote: post #79

It's a beautiful design, and I like the idea of OSS and self-hosted instead of a SaaS, but since it doesn't support direct connections to banks/brokerages (i.e., through Plaid), then it's not really an option for me. I'm not going to go through the trouble of downloading/importing CSVs etc. (too many different accounts). (I currently use Wealthfront for net worth aggregation and Copilot for tracking spending.)

I've used ofxtools to download things locally. It basically supports the old Quicken/QuickBooks interfaces which many US banks, brokerages, and credit cards support. It's pretty clumsy though.

Re: Show HN: Wealthfolio: Private, open-source investment tracker

#263

Post by zburatorul »

freddie_mercury wrote: post #216
floathub wrote: post #189

Earlier quoted context omitted.

There is a beancount mode for Emacs that does a lot of what you want, but only really of use if you use Emacs. https://github.com/beancount/beancount-mode

The beancount mode for VS Code is also pretty good with syntax highlighting, autocomplete, tabbing, autoformat, etc. It's what I've been using for years. But I think the "real" answer, especially as more countries get increasingly cashless, is to just import a CSV or OFX every few weeks so you're not actually manually entering anything.

Intrigued by beancount mode in vscode. Will try.

I do otherwise employ the workflow you mention: automatic downloads and supervised but nearly automatic imports.

For importing: https://github.com/jbms/beancount-import For downloading: https://github.com/jbms/finance-dl

Re: Show HN: Wealthfolio: Private, open-source investment tracker

#264

Post by zburatorul »

langcss wrote: post #204
andrewmcwatters wrote: post #105

Earlier quoted context omitted.

Yes, but the fault lies with the banks who do not allow their own customers access to their data. Plaid, Intuit, and other private companies scrape financial institutions unless they provide more secure methods to obtain customer data, and most of them do not do this. So the state of the art to connect to banks... is Selenium with stealth modifications. I own a business which does the same work as Plaid, Intuit, et a…

An open source repo of selenium scripts for different banks would be a decent thing.

https://github.com/jbms/finance-dl

Re: Show HN: Wealthfolio: Private, open-source investment tracker

#265

Post by zburatorul »

yellowapple wrote: post #129

It looks nice, but unfortunately Fidelity's CSV exports don't seem to be particularly cooperative AFAICT, which limits how much I'd be able to use this. Haven't tried my other accounts yet. It'd be nice if there was an actual standard for this sort of thing (incl. an API for automatically retrieving new transactions), and if banks and brokerages and such could be depended upon to actually use it.

Fidelity supports ofx downloads which makes the process easier than clicking buttons in a browser. OFX is very detailed, and ofx to cab conversion is solved I think.

Re: Show HN: Wealthfolio: Private, open-source investment tracker

#266

Post by stavros »

aketchum wrote: post #73
klinquist wrote: post #49

Earlier quoted context omitted.

I just assumed it uses Plaid.

unlikely, who would pay the plaid bill here? they dont really have ala cart pricing - you have to create an account with them etc

I can provide an API key, you can use their staging API that allows a few banks for free. That's what I do with a local script I wrote, I get my banks' balances once a week.

Re: Show HN: Wealthfolio: Private, open-source investment tracker

#267

Post by brutal_boi »

johntash wrote: post #220
brutal_boi wrote: post #55

Earlier quoted context omitted.

For that very reason I tried selfhosting Actual Finance[1] but it is more of a budgeting app than a networth tracking app. I ended up coding a small exporter[2] since I already had some stack in place that queries SimpleFI[3], which essentially allows querying balance and transaction information for most US-based banks (read only); most similar to plaid but a lot more developer-friendly afaik. [1] https://actualbudge…

Do you have any experience with plaid to compare it to simplefin by any chance? I started a similar project with plaid before, but haven't really gone back to it since dev accounts became a lot more limited.

I could not find a way to make or enroll as a dev in plaid; that was a while ago tho.

SimpleFIN on the other hand seems to be pretty good for dev work; plus very responsive in terms of questions and requests. Can only speak good of them.

Re: Show HN: Wealthfolio: Private, open-source investment tracker

#268

Post by johntash »

brutal_boi wrote: post #267
johntash wrote: post #220

Earlier quoted context omitted.

Do you have any experience with plaid to compare it to simplefin by any chance? I started a similar project with plaid before, but haven't really gone back to it since dev accounts became a lot more limited.

I could not find a way to make or enroll as a dev in plaid; that was a while ago tho. SimpleFIN on the other hand seems to be pretty good for dev work; plus very responsive in terms of questions and requests. Can only speak good of them.

Thanks! I don't remember the exact steps, but I remember it being a PITA to sign up for plaid. I managed to get a dev account before realizing you can't use most banks without going through a more thorough verification/approval process. To do that, you have to (I think) have a paid account.

SimpleFIN looks pretty.. simple, at least from a glance. When I get time, I'll actually give it a shot.

Re: Show HN: Wealthfolio: Private, open-source investment tracker

#270

Post by danielvanacker »

stavros wrote: post #266
aketchum wrote: post #73

Earlier quoted context omitted.

unlikely, who would pay the plaid bill here? they dont really have ala cart pricing - you have to create an account with them etc

I can provide an API key, you can use their staging API that allows a few banks for free. That's what I do with a local script I wrote, I get my banks' balances once a week.

They deprecated their staging API. The equivalent now is “limited production access”.
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