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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

#71

Post by aketchum »

figmert wrote: post #63
diggan wrote: post #5

First question from reading through the landing page is about this part: > Import your statements from your broker or bank. Exactly what brokers/banks that are supported should be listed somewhere and linked here, as that's a "make or break" feature for a lot of people I bet. Not much point in replacing my homegrown "Banks CSV export -> Data processing > Import into spreadsheet" workflow unless I just replace that la…

I really feel like there should be a tool that wraps Woob[0] finance and provides something similar to Plaid, but self-hosted. There are some great finance apps that could then potentially integrate it to improve automation. Woob does a great job of providing a good API for automating the web, and sure, not everything works, but it's a good start. Unfortunately, it seems it's not very well known still. [0] https://wo…

this sounds incredibly hard to do - plaid's moat is that it is a bunch of work to keep up to date with all these different bank UI's, plus many banks have moved to OAuth which they only provide to trusted partners - like plaid. You cant get an oauth token to your BofA account just because you have an account there

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

#73

Post by aketchum »

klinquist wrote: post #49
diggan wrote: post #5

First question from reading through the landing page is about this part: > Import your statements from your broker or bank. Exactly what brokers/banks that are supported should be listed somewhere and linked here, as that's a "make or break" feature for a lot of people I bet. Not much point in replacing my homegrown "Banks CSV export -> Data processing > Import into spreadsheet" workflow unless I just replace that la…

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

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

#75

Post by a-fadil »

diggan wrote: post #5

First question from reading through the landing page is about this part: > Import your statements from your broker or bank. Exactly what brokers/banks that are supported should be listed somewhere and linked here, as that's a "make or break" feature for a lot of people I bet. Not much point in replacing my homegrown "Banks CSV export -> Data processing > Import into spreadsheet" workflow unless I just replace that la…

For now only a standard csv file is supported with these columns: Date, Symbol, Quantity, Activity Type, Unit Price, Currency, and Fee. Supported activity types: BUY SELL DIVIDEND INTEREST DEPOSIT WITHDRAWAL TRANSFER_IN TRANSFER_OUT CONVERSION_IN CONVERSION_OUT FEE TAX Example CSV format: date,symbol,quantity,activityType,unitPrice,currency,fee 2024-01-01T15:02:36.329Z,MSFT,1,DIVIDEND,57.5,USD,0 2023-12-15T15:02:36.329Z,MSFT,30,BUY,368.6046511627907,USD,0 2023-08-11T14:55:30.863Z,$CASH-USD,600.03,DEPOSIT,1,USD,0

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

#76

Post by ejp »

aaronax wrote: post #59
ejp wrote: post #57

Any recommendations for a privacy-focused app that can handle transaction splitting in ways other than 50/50? Or tracking accounts from multiple people in a household? Every app I've tried this is painful or unsupported.

Any personal accounting software? Quicken, GNUCash, any Plain Text Accounting, etc. I must be missing something in your requirements.

In my experience, gnucash qualified easily as painful. :)

Here's an example of what I'm talking about: suppose you and a housemate decide that an equitable split for the electric bill is 65/35 based on usage habits. One person pays the electric bill every month. All of these finance apps will download the transaction, categorize the electric bill for me, and maybe apply a custom tag. But I have to manually calculate the amount owed to me, and manually reconcile that with the fact that the other person pays the water bill.

I'd love to find an accounting app for shared arrangements, but it seems like most are targeted to solo or completely joint finances. Monarch listed elsewhere in these comments is the closest I've seen, but it also doesn't support reconciling split transactions.

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

#77

Post by a-fadil »

kyrofa wrote: post #14

v1.0 before 100 commits, wow.

I developed, the app as a side project for my needs. Made the decision to move to another public repository to open sourced and not to keep the git history. App code is simple to read if you want to check security and privacy concerns.

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

#78

Post by downut »

diggan wrote: post #24
Dalewyn wrote: post #21

Speaking practically, I don't see a need or reason for this. I can just login to my bank and brokerage accounts and check live data on the spot. Speaking as a Boglehead, checking on your investments frequently is usually a bad thing.

> Speaking practically, I don't see a need or reason for this. I can just login to my bank and brokerage accounts and check live data on the spot. First mentioned and most prominent feature is "Accounts Aggregation" on the landing page. If you don't have multiple accounts, it makes sense you don't see any need for this. But you should also realize that it's fairly common to have multiple accounts, for various of reas…

I have multiple accounts and I use the friction of logging in manually to each as an incentive not to check them. About every 6 months or more I get a beer, login to each, and check for surprises. Ever since decades ago I gave up my personal autonomy (I will not pick stocks, GE, really?) and channeled my inner boglehead there has not been any surprises.

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

#79

Post by insane_dreamer »

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.)

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

#80

Post by picardo »

diggan wrote: post #62
picardo wrote: post #58

Earlier quoted context omitted.

> Because as soon as those keys aren't available (either because the endpoint no longer exists, or you cannot connect to the endpoint for whatever reason (like being offline)), you can no longer access your data. The encryption key doesn't have to be stored in the cloud. It just has to be stored somewhere else -- it could be in the file system. > It's not a website, it doesn't run in your normal browser. It runs as a…

> The encryption key doesn't have to be stored in the cloud. It just has to be stored somewhere else -- it could be in the file system. Right, makes sense. I was saying to not store it in the cloud, specifically. Encrypt local data at rest, makes sense. Storing encryption keys for said content somewhere where you need internet access to get, doesn't make much sense. > Even if it's a standalone application, it doesn't…

> what OS you use and how much of your software you use daily have you read through the source code of?

Very few. It depends on the data I need to store in the program. I don't store sensitive data in Figma or VSCode, so I don't really care if they don't encrypt my data in local storage. But if I'm in the market for something that offers to manage my sensitive financial data, then yes, I want to dig into its dependencies and security strategy first.

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