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Ghostfolio: Open-source wealth management software

ghostfol.io

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Re: Ghostfolio: Open-source wealth management software

#11

Post by c0brac0bra »

screamingninja wrote: post #2

Does anyone have experience with self-hosting this? Curious to learn what worked and what did not.

I just tried and it came up fine. Onboarding is non-existent so that's unfortunate.

Edit: took me a while to find it, but the last similar too I tried was https://projectionlab.com/, and while paid, it's UX is way better.

Re: Ghostfolio: Open-source wealth management software

#12

Post by counterpartyrsk »

screamingninja wrote: post #2

Does anyone have experience with self-hosting this? Curious to learn what worked and what did not.

I tried it a couple months ago and wasn't too impressed. Unless I missed the feature, I trade enough to need something that can plug in to my brokerage accounts. There is a trade import feature, but I'm not going to export/import transactions from multiple accounts daily.

Re: Ghostfolio: Open-source wealth management software

#13

Post by mr-karan »

Looks nice. The comparison with S&P500/similar Index funds is an important metric to track. I’d also built a tool https://monkeybeat.market/ which demonstrates a similar concept.

I’ve been exploring such projects off late myself. I found https://github.com/ananthakumaran/paisa to be a really clean and well implemented project on similar lines. It already handles a bunch of asset classes familiar to the country I’m residing in which is tempting me to give it a shot sometime soon!

Re: Ghostfolio: Open-source wealth management software

#14

Post by xur17 »

Very neat, excited to take a look, and especially excited that it is self hostable / open source. I've tried a number of services like this, and always end up back on a spreadsheet because:

1. I hate giving my data to a third party

2. There always ends up being some limitation that forces me to exclude part of my assets, doesn't let me handle something the way I wish, etc

Re: Ghostfolio: Open-source wealth management software

#17

Post by xur17 »

FrustratedMonky wrote: post #16

Isn't "wealth" a misnomer. Do people with real wealth really use open source tools? Or do they have meetings with their accountants, bankers, brokers. This is really "wanna be wealthy" tools.

What do you define as wealthy? If you read bogleheads / fire blogs, there are plenty of people I would define as wealthy that self manage their assets. A lot of them use spreadsheets, some use free / cheap software online.

Re: Ghostfolio: Open-source wealth management software

#18

Post by westonplatter0 »

FrustratedMonky wrote: post #16

Isn't "wealth" a misnomer. Do people with real wealth really use open source tools? Or do they have meetings with their accountants, bankers, brokers. This is really "wanna be wealthy" tools.

nah. Most of wealthy people I've interacted with have refined/specialized workflows that are something similar to 5 excel spreadsheets.

Build a tool that allows people to organize their 5 spreadsheet and you win.

Re: Ghostfolio: Open-source wealth management software

#19

Post by Topgamer7 »

FrustratedMonky wrote: post #16

Isn't "wealth" a misnomer. Do people with real wealth really use open source tools? Or do they have meetings with their accountants, bankers, brokers. This is really "wanna be wealthy" tools.

You probably have a house, a car, a 401k, expensive phone, computer(s). At least a good portion of the HN demographic probably fits this description.

So you're more wealthy then the person working 2 jobs, living with 3 roommates, commuting by public transit.

Wealth is just your possessions with value.

This is just being "pedantic about social class".

Re: Ghostfolio: Open-source wealth management software

#20

Post by jollyjerry »

mr-karan wrote: post #13

Looks nice. The comparison with S&P500/similar Index funds is an important metric to track. I’d also built a tool https://monkeybeat.market/ which demonstrates a similar concept. I’ve been exploring such projects off late myself. I found https://github.com/ananthakumaran/paisa to be a really clean and well implemented project on similar lines. It already handles a bunch of asset classes familiar to the country I’m re…

I like focusing on DIY-ers and having the web UI for visualizations. Makes sense that someone who would take the time to set things up would want increased flexibility over a spreadsheet.
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