Investing is generally viewed as a solitary activity, however Hello Money is looking to change that by introducing a way for investors to discuss their financial portfolios with likeminded people online. Users can design portfolios from scratch, without importing any sensitive financial information from their banking institutions.
Hello Money was developed to help eliminate the secrecy behind financial portfolios. The web-based application gives you a way to build portfolios like LEGOs. With Hello Money, you can create an account without importing any actual banking information. Instead, search through the more than 24,000 funds and stocks listed in Hello Money, and manually add the stocks and funds you have in your personal accounts into your portfolio. You can also review the portfolios being created by other Hello Money users to get ideas on which types of stocks or funds you should add. Once your portfolio has been created, you can share it with anyone through a unique link. Because Hello Money isn’t connected to any of your actual bank accounts, you don’t have to worry about security issues when sharing information about your portfolio online.
The next time you post a question about your financial accounts on a public forum like Reddit, include a link to your Hello Money portfolio to give fellow Internet users a clearer picture of where your finances stand. By giving people a look at your detailed portfolio, you’ll be able to get more helpful feedback. You can also use Hello Money to track financial data, like your year-to-date change, your five-year history, and your asset allocations.
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