Wealthfolio for WindowsPrivate Investment and Net Worth Tracking

What Is Wealthfolio and Who Is It For?

Wealthfolio is a personal finance application rather than a trading tool. It does not place orders or connect to exchanges to trade on your behalf. Its job is to record what you own, what you have bought and sold, and how those holdings are performing over time.

The typical user is someone with investments spread across several brokerage or retirement accounts who wants one honest picture of their finances. It also suits people who track spending and net worth alongside investments, and who would rather not upload that information to a third-party service.

Because the app is free and the code is open, it appeals to users who value transparency. You can read how returns are calculated and check that the program does what its documentation says.

How Local-First Software Protects Your Financial Records

Local-first software keeps the primary copy of your data on your own device. Cloud-based finance apps usually store your records on their servers and sync them to your devices. That makes access easy, but it also means your data depends on the company's security, uptime and privacy policy.

With a local-first approach, the main risk shifts to your own computer. You need to protect the machine with a strong login, disk encryption and regular backups. In exchange, you do not depend on a remote service to read your own portfolio history.

If you use optional broker connections, some data will be fetched from those brokerages, so local-first does not mean fully offline. The key difference is that the app does not require any connection to function.

Understanding Time-Weighted and Money-Weighted Returns

Investors often compare their results with a simple percentage gain, but that number can be misleading when money goes in and out of an account at different times. Two common performance measures address this in different ways.

A time-weighted return removes the effect of cash flows and measures how the underlying investments performed. This is the measure fund managers typically use to compare strategies. A money-weighted return, by contrast, reflects the actual experience of the investor, including the size and timing of deposits and withdrawals.

Seeing both numbers side by side helps you understand whether your results came mostly from the investments or from when you chose to add or remove money. Wealthfolio calculates both, which is useful for a careful review of your own decisions.

Practical Use Cases for a Personal Finance Tracker

A common scenario is a retirement saver with an employer plan, a personal brokerage account and a small crypto holding. Each lives on a different platform with its own reporting format. Bringing the activity into one tracker makes it possible to see the total allocation and spot an overweight position.

Another use is preparing for tax season. A complete, dated record of trades, with the currency each was made in, simplifies the work of calculating gains and losses. The app does not replace professional tax advice, but it can reduce the effort of gathering records.

A third use is goal tracking. Someone saving for a home down payment or a child's education can set a target, assign part of the portfolio to it, and watch progress month by month without relying on memory or scattered spreadsheets.

Supported coins

Wealthfolio tracks holdings across multiple accounts and currencies, and it supports importing activity from brokerages and CSV files. Because it is a tracker rather than an exchange or wallet, the practical question is which of your accounts and activity types can be recorded. Check the documentation for the full list of supported activity types and their required fields before you import a large history.