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

wealthfolio.app

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

#81

Post by ghm2199 »

Lets say my strategy from now is: 15% on an ex-US mid cap, 15% US Largecap, 15% ACWI growth, 15% Emerging market growth, 40% in short treasury fixed income. If I already have some ETFs already, can this be used to bucket and calculate what is the current state of the ETFs I hold against the strategy?

Can it do that for Mutual funds in like retirement accounts?

Context: I want to implement my own portfolio using some weights on a basket of ETFs. The ETFs are selected by country/geography(e.g. ex-US or US or world) and then type(small, mid, large) and then finally by income strategy(growth, value, fixed, defined outcome etc) based on expected returns.

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

#82

Post by honeybadger91 »

kepano wrote: post #23

I love that it uses Flexoki for the color palette. I never thought I'd see it so widely adopted!

First thing I thought of is, "I love how this is open-source and the add-on model reminds me of Obsidian". Thank you for all your hard work.

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

#83

Post by ghm2199 »

My hero usecase with these tools is to auto pull investments from Fidelity 401K account + Schwab brokerage + BYOBrokerage.

Then combine them and break them down by country/geography(e.g. ex-US or US or world) and then type(small, mid, large) and then finally by income strategy(growth, value, fixed, defined outcome etc)

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

#84

Post by GlibMonkeyDeath »

ryandrake wrote: post #52
bradleyjg wrote: post #44

Earlier quoted context omitted.

If there was a sufficiently good import, something deeply customized for at least the top N banks, I think I’d be ok with that workflow. But even Quicken was disappointing on that front.

Quicken is getting even more and more disappointing. Used to be, you'd use what Quicken calls "direct connect" where the client software itself connects to your bank's servers and pulls down your transactions and balances. They also had this "quicken connect" where the client software connects to Quicken servers, who, in turn, contact your bank--making Intuit an unwanted middleman. Slowly, but consistently, Quicken h…

If you can be a little flexible on (2), then Beancount hits most of the Holy Grail points. The ledger format is literally text (it is plain-text accounting after all) but there is a query language the works really well.

I end up saving CSV's locally and importing the transactions from there (no hand entry, but I still need the intermediate download step.) I don't find it that too burdensome since I don't have a zillion different accounts.

[This](https://reds-rants.netlify.app/personal-finance/the-five-min...) project (I am not affiliated in any way) claims to automate ledger update even further.

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

#85

Post by mNovak »

jryio wrote: 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

I still use GNUcash [1]. Only drawback is comparatively poor handling of equities, with no good way to view historic portfolio value / net worth. Great for general purpose accounting though.

[1] https://www.gnucash.org/

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

#86

Post by ryandrake »

GlibMonkeyDeath wrote: post #84
ryandrake wrote: post #52

Earlier quoted context omitted.

Quicken is getting even more and more disappointing. Used to be, you'd use what Quicken calls "direct connect" where the client software itself connects to your bank's servers and pulls down your transactions and balances. They also had this "quicken connect" where the client software connects to Quicken servers, who, in turn, contact your bank--making Intuit an unwanted middleman. Slowly, but consistently, Quicken h…

If you can be a little flexible on (2), then Beancount hits most of the Holy Grail points. The ledger format is literally text (it is plain-text accounting after all) but there is a query language the works really well. I end up saving CSV's locally and importing the transactions from there (no hand entry, but I still need the intermediate download step.) I don't find it that too burdensome since I don't have a zilli…

Yea, (2) is always the tough one. Looking at my Quicken, I have 28 active accounts that I regularly (like daily) update from online, and manually finding, downloading, importing, and reconciling 28 CSVs is just not going to be acceptable.

That said, I'll check out Beancount!

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

#87

Post by notherhack »

I gave the iOS app a spin. 1. It requires at least 2 characters to search for a symbol. What about Verizon (V) or AT&T (T)? 2. I entered a holding for a fund that doesn’t have public quotes by choosing not to look up the symbol and entering the price and purchase date, but then I couldn’t find a way to manually add price quotes for later dates to reflect the change in value.

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

#88

Post by brikym »

darkest_ruby wrote: post #64

Interesting that this made to HN top, last week i posted as about my open source wealth tracker http://github.com/venil7/assets with all the same features, including self hosting and it barely got any traction

It's marketing and empathising with your market. A github page doesn't give the impression of a polished product and doesn't inspire confidence. It looks more like a draft. When I go to your page the first thing I see is a list of code files but I don't care about that I want to know what it can do for _me_ and my finances.

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

#89

Post by a-fadil »

notherhack wrote: post #87

I gave the iOS app a spin. 1. It requires at least 2 characters to search for a symbol. What about Verizon (V) or AT&T (T)? 2. I entered a holding for a fund that doesn’t have public quotes by choosing not to look up the symbol and entering the price and purchase date, but then I couldn’t find a way to manually add price quotes for later dates to reflect the change in value.

You can search by company name. For manual pricing, click on an added manual holding, then there is a tab "Quotes" in the top right to view and edit the prices.

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

#90

Post by a-fadil »

niyazpk wrote: post #75

Nice features, and very professional website! As others have mentioned, adding account integrations will make this much easier to use. I would also love to hear more of your story, and motivations around this project.

I actually wrote a manifest about it :) https://wealthfolio.app/blog/wealthfolio-manifesto/
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