Haha, I'm a big user and fan of Wealthsimple :)
I created the app initially to have a unique experience for all my other accounts in other banks. I took inspiration from other fintechs as well.
For now, it's CSV and manual editing using the UI. I'm looking to have direct integration with major brokers when possible to avoid third-party aggregators and managing users' data/credentials (or at least have the option to).
This would be amazing, though I realize it's not straightforward and not easy to do. I have so many accounts across different companies that this connection piece is basically a requirement for me to use your app on a regular basis. I'm sure that applies to a lot of people, and I'm sure you already know that. I appreciate the focus on building the tool first and then getting that connection stuff working later.
I just want to also commend you on the UI/UX here, it looks and feels really solid.
Really interested in how you do this. When I as looking into building my own finance-related app, you have to pay a ton to get market data (stocks, crypto, ETFs, options) and connecting bank accounts if it's not for individual use (you still have to pay for individual use, but not significantly as much).
"Wealthfolio does not currently support integration with online brokers or aggregators. Data must be imported from CSV files or by manually entering transactions."
So data has to be imported since the start then I'm assuming, like a complete ledger? Otherwise how would we know the complete list and the value of the investments over time. Won't that get out of sync with the ground truth (what's in the account) over time?
Did you pay DangerouslyFunny on Youtube to play that or does he just play every new steam demo with incremental features? It is his business basically.
And with that guy, make sure you get paid up front. He has an extremely long and well-documented history of abusing the system to not pay contractors, workers, counter-parties, etc...
Look at the NDP party this last term for their true colors. A leader who in his own words votes against a no-confidence vote made up of his very own words. Is an equal partner in every decision the liberal government made this term with their coalition.
A wolf in sheep disguise. I didn't want PP to be the next prime minister for comments in parent of the thread, but who else is going to win this running now?
I guess I'm not sure how you can fully square the two statements here.
- You don't want PP to be PM
- You're angry at the NDP for not voting to bring Trudeau down (and effectively make PP the PM)
I share your frustration with the NDP under Singh. But I'm not sure what alternative he has, tactically. Voting down the government at this juncture would only have led to an election that would have brought PP to power as PM. Which is notably not in the NDP's interests. (Or, I'd argue, the public's)
But, yes, I understand it tactically. But it's strategically inept. For 4 years the NDP has "won the battle but lost the war" -- all the policy planks they forced the Liberals to adopt will simply be dismantled by the conservatives now.
What they were hoping for is some recognition from the public that the progressive moves made by the Liberals in the last parliament were in fact NDP initiatives forced on them. Instead they're just tarred and feathered with the same image that Trudeau has.
Why does everyone have to suffer at the hands of a few?
Overwhelmingly Canadian's wanted the vehicles removed - I recall no public empathy. If not, there would have been overwhelming public outcry and a follow up larger movement protest that would have called for no-confidence motion in that moment.
The disclosure should be outside the phone conversation prior to funds transferring.
Send them to confirmation who should have a process of, we're sending you the email now where you enter you make an account and enter payment details. Stay on the phone with them while they do it to avoid drop off rates. During the account creation is the disclosures.
Has anyone ever been contacted by these companies when they're doing their "research"? They're usually upfront negative about the company, "We believe this company to be a fraud. Con. Disrespectful and evil place.", then they spam every available ex-employee they can scrap from LinkedIn and then the subset that respond are the disgruntled burn the company to the ground kind.
I've seen even employees make factually incorrect statements about their employer because they didn't understand or they wanted to rumour spread.
Saying "this company is bad, we have a short in it" is not a new tactic, and is definitely not market manipulation according to the legal definition. Basically they are saying the market price is incorrect, and this is why they think so.
IANAL, but this is not a new tactic, and plenty of companies who are shorted would have challenged it if it were.
I mean, saying positive things about a company that you've bought shares in is essentially the same thing, and that happens all the time.