11–20 of 212 posts
How do you approach security? I’m guessing a lot of work went into it, but some details would be great for a curious customer like me :)
Oh god it'll be amazing once /r/wallstreetbets gets their hands on this. The $WLSTRBETS custom ticker will definitely go to the moon. I would suggest maybe putting more info on the landing page. Are you a brokerage or is this something that can hook into your existing brokerage? The latter would be awesome.
Thanks! Yes we're looking forward to getting more content on the landing page soon. For now, all the links above are public pages, so you can explore those to see some of our features. We are currently the latter; we're powered by existing brokerages, but are working to become our own.
>>We would love your feedback on what we've built so far. Id love to provide feedback, but it seems i'm waitlisted when I sign up. Is there a HN-skip-the-queue?
I love this idea and really dug Motif Investing back in the day (although charging for trades made it hard when weighing that vs. Robinhood)
This looks awesome! Congrats on the launch. For a financial product like this, what does your tech stack look like? Do you use off the shelf databases to store account balances for example, or is there specialized tech for that? or does the brokerage handle that? How do you approach security? I’m guessing a lot of work went into it, but some details would be great for a curious customer like me :)
Brokerages handle your account based information, but we generate additional data around your investments to help give you a richer picture into your portfolio performance.
One particularly fun part of our data structures is the indexes themselves, which are all nest-able and fully versioned, creating a rich graph of historical performance data. Looking forward to exposing more features around this in the future.
Our tech stack is react, nextjs, swr, python, aiohttp, redis, postgres (& timescaledb), k8s, terraform, aws.
>>We would love your feedback on what we've built so far. Id love to provide feedback, but it seems i'm waitlisted when I sign up. Is there a HN-skip-the-queue?
Awesome! Definitely, didn't call this out explicitly in our post but anyone who joins the waitlist today will be expedited.
Rebranding stock picking as "index construction" is really quite disingenuous. I guess you're encouraging somewhat diversified stock picking, but honestly I'm dubious this is a 'good' idea for expected outcomes.
If you want to stick to more traditional indexing approaches, that’s supported. For example, one user has stayed very close to VTI, but made some modifications to customize VTI to her goals and existing portfolio (https://enombic.com/abby/VTI-15).
We also have some users who want an easier way to automate their investments into a classic Vanguard basket (https://enombic.com/aml/lazy).
Everything on the app is DIY. So, alternatively, if you want to be more active, and test a thesis you may have, that’s supported as well.