FINARKY is a portfolio tracker that shows your Personal Rate of Return (PRR), i.e., the APY of the equivalent savings account. This lets you quickly see if you're on track to meet your investment goals, and evaluate and compare your investment decisions.
Most portfolio tracker apps have complex user interfaces and provide lots of data, but they don't provide one's Personal Rate of Return (calculated by IRR), which I think is the single best metric to track investments performance.
So I created FINARKY, a portfolio tracker app focused on simplicity that provides your Personal Rate of Return, for a quick and effective way to track your portfolio.
@shantanu_apex I think that the Personal Rate of Return (PRR) is the most comprehensive metric for measuring the performance of a portfolio.
Since the app is designed for people interested in investing who don't want to spend time analyzing metrics that may not be relevant anyway (like me!), I think it's important to prioritize this key metric.
Is there any other metric that gives a better understanding of performance?
Any retirement plan you may have is probably based on an expected annual return... if you don't have your PRR, how do you know if the expected return is in line with what you've been getting so far?
Congrats on the launch! Love the concept of simplifying portfolio tracking with metrics like PRR. Such a smart way to cut through the noise of crypto and stocks!
It's been a year since you last launch. Any features coming up next on the roadmap?
Thank you! I've actually kept improving it and adding new features since the launch here (like the Future Calculator, capital gains taxes, and support for importing transactions from more platforms). They’re all explained on the new website, https://finarky.com
Please check it out! Any feedback is very welcome! :)
Congratulations on launching FINARKY! Simplifying portfolio tracking while focusing on Personal Rate of Return is a going to be super useful. Have you considered adding customizable alerts for investment milestones?
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