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Show HN: Wealthfolio 2.0- Open source investment tracker. Now Mobile and Docker

wealthfolio.app

31–40 of 228 posts

Re: Show HN: Wealthfolio 2.0- Open source investment tracker. Now Mobile and Docker

#32

Earlier quoted context omitted.

> I love the idea of keeping my finances private I'd love that too, but I'm not sure it's even feasible or possible, at least in the EU country where I live. I, like most people (I think?) need to file taxes each year, and those include my new positions, or what positions have disappeared, including how much I have in savings. And, the only way for me to keep savings without losing money, is to keep it in a bank, so…

What you describe sounds more like keeping your assets a secret... and if you feel defeated because the government can know, how do you feel about hiring an accountant? Or executing stock trades? You can't keep those activities a secret from those agents working for you. You would probably expect them to keep their privileged information about you _private_ though, right? And I think that's what the parent post is ta…

Right on. In this case, I used "private" to mean "the makers of this particular product don't have a ton of my financial information." I don't expect a product like this to prevent my government, or my brokerage, or my bank, or even a middleman account aggregator, from knowing about my money. But something like this can be one less thing, at least.

Re: Show HN: Wealthfolio 2.0- Open source investment tracker. Now Mobile and Docker

#33
post #13

I love the idea of keeping my finances private while still having a useful tracker/planner. And I love that this would give me some protection against a new version making things worse. I also love the option to write my own plugin or to hack the source code itself (even though I probably wouldn't). But I don't think I'm willing to give up fully automated data refreshes at this point. I have too many accounts to trac…

Yeah, makes sense. I’ll probably toss in an add-on or optional integration with an account aggregator later, so folks can either opt in or just stick with a local-only setup if they prefer.

I'll certainly give this another look if you do. Good luck with it.

Re: Show HN: Wealthfolio 2.0- Open source investment tracker. Now Mobile and Docker

#34

Earlier quoted context omitted.

> I love the idea of keeping my finances private I'd love that too, but I'm not sure it's even feasible or possible, at least in the EU country where I live. I, like most people (I think?) need to file taxes each year, and those include my new positions, or what positions have disappeared, including how much I have in savings. And, the only way for me to keep savings without losing money, is to keep it in a bank, so…

What you describe sounds more like keeping your assets a secret... and if you feel defeated because the government can know, how do you feel about hiring an accountant? Or executing stock trades? You can't keep those activities a secret from those agents working for you. You would probably expect them to keep their privileged information about you _private_ though, right? And I think that's what the parent post is ta…

Also it’s more about having the optionality. There are tons of cloud-based and connected SaaS trackers out there, but very few local ones. Having options to:

– Install a piece of software and run it locally, no subscription, no cloud – Have to right to use a nicer app instead of a spreadsheet – not hand over your banking creds. Some banks will void your account insurance if you do – Reduce your exposure by not putting all your financial data on some startup’s servers

Re: Show HN: Wealthfolio 2.0- Open source investment tracker. Now Mobile and Docker

#35
Here's a philosophical question. Does anyone account for inflation when looking at their long term history? I've been thinking of looking at everything in 2019 dollars.

It might also be useful to adjust for inflation going backwards, e.g. everything shows in 2025 dollars.

Re: Show HN: Wealthfolio 2.0- Open source investment tracker. Now Mobile and Docker

#36
post #21

For those interested in this type of single entry accounting (and by extension double entry) Here are some other ones I've tried and used in the past: https://copilot.money https://lunchmoney.app https://ynab.com https://beancount.io https://hledger.org

Typo fix: ynab.com

Re: Show HN: Wealthfolio 2.0- Open source investment tracker. Now Mobile and Docker

#37
post #21

For those interested in this type of single entry accounting (and by extension double entry) Here are some other ones I've tried and used in the past: https://copilot.money https://lunchmoney.app https://ynab.com https://beancount.io https://hledger.org

Which do you like for what purpose ?

Also seems like Empower (not listed) is the big one

Re: Show HN: Wealthfolio 2.0- Open source investment tracker. Now Mobile and Docker

#38
post #21

For those interested in this type of single entry accounting (and by extension double entry) Here are some other ones I've tried and used in the past: https://copilot.money https://lunchmoney.app https://ynab.com https://beancount.io https://hledger.org

Typo fix: ynab.com

Fixed thanks!

Re: Show HN: Wealthfolio 2.0- Open source investment tracker. Now Mobile and Docker

#39
post #21

For those interested in this type of single entry accounting (and by extension double entry) Here are some other ones I've tried and used in the past: https://copilot.money https://lunchmoney.app https://ynab.com https://beancount.io https://hledger.org

Typo fix: ynab.com

Clickable link: https://ynab.com

I'm a huge fan of You Need A Budget, it was instrumental in giving me control over my finances. It feels like a superpower to see all my money in one place and not care which bank account the dollars actually reside. Also makes it easier to take advantage of various offers (Credit card or things like HYSA) since I know all the records will live in YNAB and I have full control there, even if the individual banks I use have terrible UIs.

Re: Show HN: Wealthfolio 2.0- Open source investment tracker. Now Mobile and Docker

#40
> Wealthfolio does not currently support integration with online brokers or aggregators. Data must be imported from CSV files or by manually entering transactions.

This is unfortunately going to be the deal breaker for wide adoption. Self hosting is great, but manually importing data from dozens of accounts every day and entering every single transaction as you make it is simply too much of a burden.

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