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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

#251

Post by RainaRelanah »

hellcow wrote: post #249
bornfreddy wrote: post #225

Earlier quoted context omitted.

What do you mean? Isn't Plaid online, and you have to give them your credentials for them to fetch data for you? (Genuinely curious, never used Plaid myself)

Yes, Plaid stores your credentials. Replicating Plaid-the-service's functionality to run locally would be a large lift...

Unattended import would be downright impossible, as most financial institutions require 2FA (usually SMS, gross) to login. Plaid is often given the privilege to bypass this, either through special APIs or through very long lived session tokens.

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

#252

Post by pelasaco »

tucosan wrote: post #174
ghosty141 wrote: post #145

Earlier quoted context omitted.

> I am not willing to manually navigate a dozen banks' broken UIs to find their "download CSV" > My #2 requirement (a close second) is that the application must be running on my local PC. I will never accept a cloud-based web-app You're lucky you don't live in the EU since well then you are straight out of luck since the bank APIs are only available to commercial entities thus the software generally is in the cloud a…

Banks in Germany offer access to consumers via the HBCI standard. Not sure about the rest of the EU.

some similar tools offer a way to parse the PDF files provided by your bank and import it. I wish we had something similar here to do that

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

#253

Post by shaklee3 »

AndyMcConachie wrote: post #246
shaklee3 wrote: post #214

Earlier quoted context omitted.

This is a huge waste of time and not worth it. The amount of hours you spend fixing errors manually vs the small risk your info gets out I don't think is worth it.

Completely disagree. Weighing risk vs reward the risk is that my identity gets stolen while the reward is that I don't have to login to my accounts and enter information manually. At some point I suspect every person on the planet will have experienced a data exposure event and the question will switch from: have you ever had your info leaked?, when was the last time your info was leaked? It's not a small risk.

The amount of work you'd have to do to correct a stolen identity is far less than the amount of work to log in to 10 accounts periodically,dump the data, format it, import it, and fix any issues

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

#255

Post by a-fadil »

kmfrk wrote: post #142

Would love an example dataset to import just to get a sense of what it looks like with data. Maybe in an example/ folder or directly in the app as a placeholder set. :)

There is an example within the app. On the import screen, navigate to the top right corner and click on "How to Import CSV" for further instructions.

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

#256

Post by a-fadil »

balderdash wrote: post #165

How does this handle dividends/dividend reinvestment - this is typically my biggest gripe with portfolio tracking tools, they are really good at telling you how much you have, and not very good at telling you how you’ve done

You log your dividends/interest and you have a dashboard in Holding section -> Income Tab

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

#260

Post by mp05 »

jmb99 wrote: post #209
mp05 wrote: post #202

Earlier quoted context omitted.

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

There’s a massive difference between trusting banks (insured, backed by the state, etc) and trusting some random SaaS/web app you saw 10 minutes ago with access to said banks.

Oh it's "random" app, and here this time I figured we were talking about a reputable one that has PCI-DSS compliance like Quicken. My bad.

Sure, if you just trust some random Chrome extension from a random individual developer, you're absolutely setting yourself up for trouble when they hack your shit. But to wholesale dismiss all apps when there are actual legal protections in place that permit these businesses?

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