Top all-time · #1872
Wealthsimple
Company blog · wealthsimple.com/magazinebusinesseconomics
Wealthsimple is the company blog at wealthsimple.com, writing about business and economics. Since 2015, 40 different Hacker News readers have linked it 52 times, most often “The code that controls our money”. No feed was found, so read it on the site itself.
Too few sampled comments (28) to say how often HN recommends it.?
Why HN links it
HN readers mostly link Wealthsimple for its job postings and as a Canadian robo-advisor. Its magazine articles on saving, retirement, and COBOL are cited as support in discussions.
Summarised by Claude from a sample of 28 HN comments that link here. Each comment is marked recommending, critical or neutral (citing without judging); how this works.
Being better than a bank means more of everything. Spend, trade and invest with Wealthsimple.
Most-linked posts?
- The code that controls our money13 people · 13 mentions · first linked 2020-11-11
- /jobs3 people · 4 mentions · first linked 2015-05-01
- /3 people · 3 mentions · first linked 2016-06-13
- /en-ca/magazine/data-downturn2 people · 2 mentions · first linked 2017-08-23
- /en-ca/about/work-with-us2 people · 2 mentions · first linked 2022-03-02
What Hacker News says?
Wealthsimple - https://www.wealthsimple.com - Toronto, ON We're on a mission to make investing smarter and simpler for everyone. We develop algorithms to track, manage, and rebalance client portfolios. We're currently hiring Full-Stack Web Developers, iOS Developers, and Android Developers: https://www.wealthsimple.com/jobs We push code (after review!) to production several times a day and are working on some cool t…
Comment linking /jobs
on “Ask HN: Who is hiring? (July 2015)”Submitted Anthony Bourdain on not having debt as a story · 318 points
HN discussionWealthsimple - https://www.wealthsimple.com - Toronto, ON We're on a mission to make investing smarter and simpler for everyone. We develop algorithms to track, manage, and rebalance client portfolios. We're currently hiring Full-Stack Web Developers, iOS Developers, and Android Developers: https://www.wealthsimple.com/jobs We push code (after review!) to production several times a day and are working on some cool t…
Comment linking /jobs
on “Ask HN: Who is hiring? (August 2015)”Submitted COBOL underpins the entire financial system as a story · 195 points
HN discussionWealthsimple - https://www.wealthsimple.com - Toronto We're on a mission to make investing smarter and simpler for everyone. We develop algorithms to track, manage, and rebalance client portfolios. We're currently hiring Full-Stack Web Developers, iOS Developers, and Android Developers. We push code (after review!) to production several times a day and are working on some cool technical challenges like building a sc…
Comment linking /jobs
on “Ask HN: Who is hiring? (May 2015)”Submitted The code that controls our money as a story · 150 points
HN discussionWealthsimple | Fullstack Engineer, Ruby Engineer, Java Software Engineer, JavaScript Software Engineer, Mobile Software Engineer (React), iOS Developer and more! | Toronto, New York City (Onsite) https://www.wealthsimple.com Wealthsimple is Canada's largest and fastest growing online investment manager. We make investing easy and accessible to everybody. We're working on the challenges involved in making investment…
Comment linking /jobs
on “Ask HN: Who is hiring? (February 2018)”Submitted The Code That Controls Your Money as a story · 22 points
HN discussionWealthsimple | Toronto, Canada | Onsite, Full time | https://www.wealthsimple.com Wealthsimple is democratizing financial investing to make smart investing easy, accessible, and transparent for everyone. With over $4 Billion in assets under management and over 100,000 clients, we’re the market leader in Canada and are fast growing in the US and UK. Our team is working together to build one of the largest and most in…
Comment linking /en-ca/culture/
on “Ask HN: Who is hiring? (June 2019)”Submitted COBOL Controls Your Money as a story · 20 points
HN discussionNot only do you get on average better returns, you can do better even when they perform poorly since those funds (in Canada) can charge you anywhere from 1.5% to 3% of your portfolio in fees (MER), while an index fund could charge as low as 0.1%. https://www.wealthsimple.com/ (I'm a customer) has recently expanded into the US from Canada and are one of a group of what is being called Roboinvestors which take these i…
Comment linking /
on “Warren Buffett's Annual Letter to Berkshire Hathaway Shareholders [pdf]”Submitted COBOL Controls Your Money as a story · 5 points
HN discussionCanada is intentionally setup to produce oligopolies as a defense against large American companies: "Canada was, in a lot of ways, built on monopolies — think about the Hudson’s Bay Company or Canadian Pacific Rail. Canada has always feared that if we don’t let our homegrown companies get huge, we’ll get swamped by American competitors. That’s why there’s a tension between Canadian politicians, who often say they’re…
Comment linking /en-ca/magazine/canada-monopolies
on “Project Hammer: reduce collusion in the Canadian grocery sector”Submitted The Code That Controls Your Money: COBOL as a story · 4 points
HN discussionJust saw this from mabbo and it's relevant: https://www.wealthsimple.com/en-ca/magazine/data-downturn Pretty decent article. TL,DR if you're saving for retirement then ignore the markets and don't try to time things. The markets over time (IRA is for retirement) will always increase significantly.
Comment linking /en-ca/magazine/data-downturn
on “Wall Street Banks Warn Downturn Is Coming”Submitted COBOL controls your money (2020) as a story · 4 points
HN discussionI've got friends in the Canadian version, WealthSimple. They've got some pretty good writers that put out articles related to money and saving and what-have-you and wrote this one a little while back: https://www.wealthsimple.com/en-ca/magazine/data-downturn They really seem to want to help educate their customers. Of course, they want to do this because the more educated they are on the matter, the less likely they…
Comment linking /en-ca/magazine/data-downturn
on “Wall Street Banks Warn Downturn Is Coming”Submitted The Code That Controls Your Money as a story · 3 points
HN discussion- nd · 2022-03-02
Wealthsimple | Backend Engineers (amongst other roles) | Remote or Onsite Canada (we're a remote first company) | Full-time Our mission at Wealthsimple is to help people achieve financial freedom. Today, we're focused on Canada and we've been growing quickly, and will continue to do so this year. More here: https://www.wealthsimple.com/en-ca/about/work-with-us . I'm on a platform team that's working on some of the f…
Comment linking /en-ca/about/work-with-us
on “Ask HN: Who is hiring? (March 2022)” Submitted Wealthsimple CIO on Gamestop and who stands to lose the most as a story · 2 points
HN discussionI suspect I could do that successfully. What I do instead is give up 0.5% per year and let WealthSimple[0] do it for me. Automatic weekly payments from my bank account get invested in whatever way gets me closer to a balanced portfolio. It's a big cut for doing something I could do manually but I'm super lazy and it's a percentage of not much money anyways. [0] https://wealthsimple.com or https://wealthsimple.com/in…
Comment linking /invite/FCU4AG
on “Don't Steal Money from Day Traders Before They Lose It”Submitted The Code That Controls Your Money as a story · 2 points
HN discussionIt's almost always smarter to have a geographically diverse portfolio, and to invest for the long term. I use a low-fee robo-investor, WealthSimple[0], that has me invested in a variety of ETFs (Canadian, American, international) and bonds, and will rebalance my portfolio when any specific market falls or grows more than the others. I prefer this kind of investing because it's stupid, cheap, and works. [0] https://w…
Comment linking /invite/FCU4AG
on “‘A Powerful Signal of Recessions’ Has Wall Street’s Attention”Submitted The Code That Controls Your Money as a story · 2 points
HN discussionWealthsimple | Canada and USA (REMOTE) | https://jobs.lever.co/wealthsimple Wealthsimple is a $6B fintech scale-up based out of Toronto, Canada and with more than 1,200 employees working remotely across Canada and USA. Backed by some of the biggest financial firms and tech investors, we’ve received $375M+ in investments. We're a unicorn and growing faster than ever. We are supporting 2M customers in Canada and manag…
Comment linking /en-ca/about/work-with-us
on “Ask HN: Who is hiring? (April 2022)”Submitted The Code That Controls Your Money as a story · 2 points
HN discussion- Banks and financial systems use COBOL/FORTRAN not because they want to, but because the systems are decades old, the knowledge of how it works often lost, and making small changes or adding new features could lead to catastrophic failure[1][2][3]. Crypto on the other hand tends to be on the cutting edge of cryptography and heavily reliant on open source. Despite crypto systems having a better bedrock than a bank t…
Comment linking /en-ca/magazine/cobol-controls-your-money
on “On anti-crypto toxicity”Submitted Debt: A Love Story (2018) as a story · 1 points
HN discussionI moved to Toronto from Seattle. If you value street fashion, nightlife, music, no driving, etc then the bay area isn't very appealing. I wouldn't move back west until I'm married with kids. I'm 22, rent a huge apt with two friends for ~$900/m each, live on the main subway line (15 min to work). I couldn't spend more than $4k/m if I tried (bought a roomba, tom ford shades, eat steak and berries). Some toronto compan…
Comment linking /
on “Toronto is poised to become a producer of tech startups”Submitted The Snack-Cake Economy: How I Learned Money in Prison as a story · 1 points
HN discussion
