We built Hello Money to answer a simple question: Can we build portfolios like LEGOs? What if we can see all the stocks and funds in the market and tinker with them? Investing shouldn't be such a black box after all.
This is the first release of Hello Money, and we have exciting things planned for the future: How LGBT-friendly is your portfolio? Which funds have lower risk and higher green score than yours?
Please tinker with it and share any feedback. Happy to discuss and answer your questions.
@zackshapiro Thanks for trying it out! We initially released with funds only, and just added first set of stocks. There are 2,000+ of them now, with a focus on big companies and tech stocks. We're adding more every day. We'll put Product Hunter's requested stocks on top of our list.
Very cool idea. I just wish there was a little more explaining on some of the more technical aspects of this. I love the idea of legos but if i was someone new to investment I would be quite confused.
@johnnyquachy Agree. I was confused by how to properly weight the stocks in my portfolio. I know it's easy to edit and fix but I don't want to make a mistake. A tutorial there might be nice
@johnnyquachy Your point resonates with me as a designer trying to solve investing tool UX. Instead of flooding it with mouse-over behaviors or "?" icons. it'd be great to help users discover and learn the concepts (risk for example) as they use this tool.
A suggestion we got is to enable commenting on parts of the page a la Medium -- quick and dirty mockup below. If we can provide good basics, and have users help each other, it might go a long way.
@zackshapiro I was a big fan of Pulse's overlay tutorial for their app. http://www.lukew.com/ff/entry.as... It'll be a fun design challenge to put users in a tinkering mindset as they get started.
@keywonc thanks for taking a look. will be glad to offer more details and a demo if you like. you can reach me at ramin@denote.io
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A lot of common stocks are missing. Almost 1/5 my portfolio in terms of individual companies not holdings. Curious as to how you are pulling that stock data and why you couldn't you start out with a massive list of common stocks?
@jpatil Glad you asked. We can't use stocks data straight from many "free" & paid sources (Yahoo and Morningstar for example) as-is because they contain surprising number of errors about stock splits, dividends, etc.
Here's a Morningstar chart of RVBD in 2010: It may look like the stock crashed for no reason, but in fact there was a 2:1 stock split. If you take Morningstar's data as-is, there will be huge errors on your site.
We're adding stocks gradually because we have to cross-check the price histories from multiple sources and clear them in small batches. It's a huge learning process for us too, but we're aiming to set a high bar for our data integrity.
If you have specific stocks in mind, please let me know. We'll prioritize Product Hunters' requests.
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Great idea! Is there any way you could go into more detail about the technical aspects of the company? Legos for portfolios isn't really that descriptive
@cinziapinamonti Hi there! With current MVP, you can design portfolios with 30,000+ stocks and funds available in the U.S. so that you can see how it would have performed, and tweak it to your liking. Let me know if you have any other specific question. More updates to the service coming soon :)
Hello Money, Goodbye Gun Stocks
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