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…
Show HN: Wealthfolio: Private, open-source investment tracker
101–110 of 281 posts
Re: Show HN: Wealthfolio: Private, open-source investment tracker
#102Re: Show HN: Wealthfolio: Private, open-source investment tracker
#103is Plaid inherently bad? Is having an automated way of pulling in real time data worth the security risk of authing into all your bank accounts? Genuinely asking as this seems great in theory, but I'm a bit confused what it looks like to manually keep it updated.
If you call Fidelity with a security issue the first question they ask you is, did you share your password with anyone (and if you did, you're to blame).
Re: Show HN: Wealthfolio: Private, open-source investment tracker
#104> No monetization is planned for now (only a "buy me a coffee" if you use and appreciate the app). A few ideas: Anonymize and aggregate the data, then sell it off to financial and marketing firms. Add ads to the site. Charge a subscription fee. Partner with banks as a white label financial planning tool.
> I developed this app for my own needs. Getting tired of SaaS app subscriptions and privacy concerns.
Re: Show HN: Wealthfolio: Private, open-source investment tracker
#105is Plaid inherently bad? Is having an automated way of pulling in real time data worth the security risk of authing into all your bank accounts? Genuinely asking as this seems great in theory, but I'm a bit confused what it looks like to manually keep it updated.
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 al.
Re: Show HN: Wealthfolio: Private, open-source investment tracker
#106First 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…
That's what I was wondering. It's a ton of work, but would love the auto importing / screen scraping features that Mint.com had. For a local desktop tool it even has the potential to support every possible service because they can't do IP blocking on end-users (versus the server-to-server model that Mint.com had, caused many services to IP block Mint's servers). Unfortunately, depending on an open-source tool to do t…
Re: Show HN: Wealthfolio: Private, open-source investment tracker
#107is Plaid inherently bad? Is having an automated way of pulling in real time data worth the security risk of authing into all your bank accounts? Genuinely asking as this seems great in theory, but I'm a bit confused what it looks like to manually keep it updated.
My company is an online lender - we use plaid so that users may instantly link their bank account. They have an alternative of verifying with micro-deposits, but that does take 2 days and the company gets less information on the user, so there are more manual verifications the user must do (provide paystub and id etc). Plaid Cons: - The end user must type their bank account credentials into a third party platform tha…
Here's to a continued migration to OAuth by banks, but I'm not holding my breath for it.
Re: Show HN: Wealthfolio: Private, open-source investment tracker
#108Re: Show HN: Wealthfolio: Private, open-source investment tracker
#109Any 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.
https://www.splitwise.com/
Re: Show HN: Wealthfolio: Private, open-source investment tracker
#110> No monetization is planned for now (only a "buy me a coffee" if you use and appreciate the app). A few ideas: Anonymize and aggregate the data, then sell it off to financial and marketing firms. Add ads to the site. Charge a subscription fee. Partner with banks as a white label financial planning tool.
Did you read OP's words? > I developed this app for my own needs. Getting tired of SaaS app subscriptions and privacy concerns.