8 ms·
Show HN: Investy.com - Portfolio Analyzation Tool
Investy is a portfolio analyzation tool that allows individual or professional investors to breakdown a stock portfolio and see financial data across the aggregated investments. Investors can model hypothetical portfolios, leverage diversification and allocation data as well as compare their portfolio against professionals such as Warren Buffett and others.
http://www.investy.com
- thematt 16y agoFounder here. The pitch behind this is that the current landscape of investment tools isn’t fitting the bill for what I needed to effectively invest. Google/Yahoo Finance are great resources for seeing statistics of a single stock, but they weren’t really built to show aggregate data across an entire portfolio. The aim of this product is to give a point in time snapshot of a portfolio in order to bridge that gap. This initial release is just a small subset of what is planned for the product. There’s a ton of exciting things planned for the next release, which will really catapult it forward in terms of usefulness. Would love to get your feedback HN! Positive or negative, it will all be helpful!
- skilesare 16y agoIf you get some traction we'd love to help you take the visuals to the next level. We just finished a project that enables us to import data(like portfolios) from 3rd party sources. http://www.aqumin.com/ http://www.aqumin.com/
- thematt 16y agoThanks for the offer, I'll keep that in mind :)
- euroclydon 16y agoCan you auto-generate teaser pages, first-click-free type thing for a wagon-load of sample portfolios, for SEO?
- entreprenewb 16y agoA few things I noticed: * I think the word you want to be using is "analysis". "Analyzation" isn't a word that I know of (except on urbandictionary.com) * The white effects around the buttons and screen shots are very bright (at least on my monitor) and distracting * The language on the page doesn't really tell me, as the consumer, what the product does for me. Can you be more descriptive, but keep it just as short? How would you describe it to your grandmother? * Why is there a link to your blog if it has no content? * How do you get data in and out of this service? Any options for bulk import/export? Can you export your data if you want to leave the service? * Can you break down the pricing and plan comparison into a tabular format? And again be more descriptive; what does "advanced data" mean? What exactly does a portfolio consist of? Or maybe create an FAQ? * The http site shows the "Click for live help" button, but https does not. (repro steps: click sign in, then click investy logo at top, notice no help popup under https?)
- sagacity 16y agoClickable: http://www.investy.com http://www.investy.com
- sagacity 16y agoHere is my quick 0.02: You might want to re-think at least the home page colour scheme a bit, that green is not what I'd consider very suited to the target market. Make it a bit more businesslike, may be? But then, of course, it is just my opinion. :)
- makethetick 16y agoThe bulleted list is pretty hard to read too.
- thematt 16y agoThanks guys, appreciate the feedback. I'll be exploring some alternative color schemes.
- TuaAmin13 16y agoI'd like to see a bit more about the geography thing. If I own funds with multiple holdings geographically, does it chart all those out? It's kind of scant on details and if I had to provide a credit card to try it I probably wouldn't. Also, it's difficult to tell which plans offer what services. You don't have a 1:1 mapping of things on the features to plans page. I can guess performance and diversification, but what's "Advanced Data" and "reports"? I don't want to guess. Feature chart perhaps? Or maybe just a better mapping. Or on the feature page you can say "Available in Premier + Professional".
- thematt 16y agoThanks for the excellent feedback! To answer your first question, the geography works at a fund level at the moment. The ability to break down that mutual fund or ETF into individual securities and their corresponding locations is in the works and will surface in the next release. Great suggestion/request. The description of the plans and how they're described is definitely going to be reworked as that's a common theme in the feedback being received. I like your suggestion about mapping feature sets to the plans, apologies for that not being clear.
- herrherr 16y agoMy 0.02: Screenshots, Screenshots, Screenshots :)
- thematt 16y agoExcellent, thanks for the feedback. Everything on the feature page is a live shot. There's also the live demo available that will show you exactly what it looks and feels like. I'll look into adding more static content though.
- DevX101 16y agoOut of curiosity, do you work in this industry? What is your proposed marketing plan?
- thematt 16y agoI'm a software engineer full time. Investing is done outside of that, but it's almost a second full time job. At this point the idea is to market to individual investors and financial advisors.
- porter 16y agoWhat does this do that my online broker can't already do for my real portfolio? Or even an invetopedia portfolio?
- thematt 16y agoCalculation of PE ratios, book values, dividend yields -- across your entire portfolio ratio than an individual investment. Also, ability to compare your portfolio to popular investors using data mined directly from the SEC. Online brokerages will typically stop at the performance data or maybe allocation and not give you any fundamental breakdown of your investments.
- lean 16y agoGreat idea. You might want to hire a designer.
- thematt 16y agoThanks for the feedback! Alternative designs are definitely going to be explored, that seems to be a consensus.
- philstrong 16y agothe demo needs to say click here for instant demo ... I thought try it now was a signup. Once in the demo (dashboard, performance , etc ...) there is too much visual space and not enough concentrated content. The data is important but delivered in this manner makes me think there is not much value here. Also the demo would be better suited if it let me sign up (no CC) and I could add up to 3 stocks to try it out.
- thematt 16y agoExcellent, thanks for the suggestions. The text on the button has been changed, hopefully it's more clear now. Great suggestion about being able to try out a limited number of stocks, I'm adding that to the to-do list.
- showerst 16y agoDo you have permission to use those stock exchange logos? Doing it that way makes it look like they're customers of yours, which is probably illegal without their permission.
- thematt 16y agoThanks for the tip. That's getting reworked to make it clear those are the supported exchanges, not that they're customers.
- mu100 16y agoFirst off, congrats on the build, and I think the concept is great. I've used Morningstar in the past and am wondering how your product is different?
- thematt 16y agoThank you! Great question, I'm assuming you're referring to their Instant X-Ray product? If so, the direction is this is different in that it's heading towards personalization and scenario based recommendations. I know it's not there yet but the ability to compare portfolios was kind of the first step in that direction, but it will be getting much more personalized down the road.
- dagw 16y agoWhat is "Advanced Data"? You're charging an extra $20 a month for it, but I can't find anywhere that tells me what it actually is and why I'd want to pay extra for it.
- dpapathanasiou 16y agoI like the idea, but my vanilla fidelity.com account (i.e., as opposed to the pro active trader account they also offer) already has similar portfolio tools built-in. Your tools might be better, but it's going to be hard to convince me to sign up and pay for yours when I get something similar for free. Also, since you're not letting me trade out of that account directly (though it might be a feature you're planning to add eventually), that adds more friction, and makes it even less likely that I would consider paying for your service. I hope that wasn't too harsh, but I'm just looking at it solely from a customer's perspective.
- thematt 16y agoNot too harsh at all, I appreciate the feedback. The integration with external brokerage accounts is definitely something in the backlog. Not the ability to actively trade, but certainly the integration to remove the friction between two services.
- dpapathanasiou 16y agoIn the interim, you might want to have a prominent series of buttons on each analysis page which says: Trade Now [Fidelity.com] [TD Ameritrade] [E-Trade.com] (etc.) i.e., something that has the look-and-feel of the addthis.com widget on blog posts, but each of the icons goes to a different online broker. That makes it easier for me to act on the recommendations; while I'd still need to go to my other account and login, the what-to-do-next part is clear. If you get decent traction with that, then you can call one or more of these brokers and say "Have you noticed how much traffic I'm sending you?" as the basis of doing a more direct deal with them. BTW, another thing that would make it much more appealing is being able to quantify the returns. I.e., instead of "Compare with professionals like Warren Buffett" could you support a claim like: "Make Warren Buffett's Portfolio Your Own and See Returns of 35% or more" ? If you can really show me how to do something like that with specifics, then I'd consider a trial membership at least.
- thematt 16y agoGreat suggestions, thanks!
- starpilot 16y agoHigh fees. The cheapest plan would be $348/year or 3.5% of a $10,000 portfolio. It would have to make that much back to be cost effective. I would emphasize that no subscription is necessary, maybe by changing the wording to "$29 for 30 days"
- thematt 16y agoThanks for putting that in perspective. We're working on pricing based on your feedback.
- cschmidt 16y agoHow many investors only invest in stocks? I personally have more in ETF's and mutual funds than single stocks. How about the bond portion? It seems weird to apply tons of analysis to only a portion of someone's investments. Also, since it seems on the surface to be like Morningstar's portfolio x-rays, you should have a good answer for how it is different. Oh, and "analyzation" isn't a word, is it? How about, "portfolio analysis tool".
- thematt 16y agoGreat feedback, thank you. I agree that portfolios are much more diverse than simply stocks. The tools supports ETF's and mutual funds, it just doesn't break them down into the individual securities -- which is coming. Right now they get analyzed as a whole security. Bonds are slated for the future, so thanks for emphasizing the importance of those.