9 ms·

Show HN: Use wealthbot.io to easily setup your own portfolio management platform

114 points by geno149 11y ago

fourstar 11y ago
What part of this is written in COBOL? I was looking in the repo but couldn't find anything to match.
- geno149 11y ago
  None actually. Haven't gotten around to troubleshooting linguist yet - https://github.com/github/linguist#troubleshooting https://github.com/github/linguist#troubleshooting
  - erichurkman 11y ago
    Pretty sure it's this large file. https://github.com/wealthbot-io/wealthbot/blob/master/system/incoming_files/TD/ZLU/unrealized/TD110701.CBL https://github.com/wealthbot-io/wealthbot/blob/master/system...
    - geno149 11y ago
      Yay, thanks for that! Fixed. That's been so annoying.
kevan 11y ago
It seems like this is targeted at Investment Advisors, would it be useful for the rest of us without any finance training?
- geno149 11y ago
  You could use it to track the performance and to rebalance your own portfolio. Here's some background on rebalancing: http://www.bogleheads.org/wiki/Rebalancing http://www.bogleheads.org/wiki/Rebalancing Btw, I highly recommend Bogleheads.com if you want to learn more about personal portfolio management.
  - saryant 11y ago
    When I got my first job after college I somehow stumbled upon Bogleheads.org after receiving an indecipherable 401k information packet and trying to figure out what to do. An invaluable resource, their wiki led me to the church of low-cost index funds. And that's the story of how I realized my roommate had screwed me over when he convinced me to open a Roth IRA with him at Primerica with the money from my junior-year internship. >1.5% ER, 12b1 fee, front-load sales, the works. He ended our friendship when I transferred the account to Vanguard.
    - seanp2k2 11y ago
      You don't need friends or funds like that :) I always recommend low-cost index funds to anyone who asks, even though I'm no pro investor. It just seems like a pretty obvious way to not miss out if the market moves without risking much more than anyone else if it tanks.
  - tunesmith 11y ago
    I've been rebalancing religiously every quarter, sector-balanced low-fee mutual funds etc. Lifetime APY so far, 2.5% . S&P500 APY over same time period about 8.3% . Grumble.
    - zo1 11y ago
      Why is no one considering investing offshore? Is it really that risky? I've seen some ridiculous returns on offshore funds. Have a look at some of the Southern African funds (though it does include non-SouthAfrican funds as well): http://www.morningstar.co.za/ http://www.morningstar.co.za/
      - pjc50 11y ago
        Is that USD-denominated returns or ZAR-denominated? Offshore investment exposes you to FX risk as well as that of the underlying investment.
        11y ago
pbreit 11y ago
Sorry, but I don't see anyone using this ever. Managing money is mostly about making constituents feel comfortable and this does not. This doesn't strike me as the type of subject matter to do as a side-project or hobby.
- captnmeowmix 11y ago
  I don't understand this kind of cynicism. As a financially literate individual, I think this is pretty cool and will probably give it a go at some point. What's more comforting than a locally hosted app in a vm you can tailor however you want? I certainly prefer that over handing all my financial data to some 'cloud' service.
  - pbreit 11y ago
    I really don't like being critical but I think this is just kind of silly (at least for US citizens). For example, first survey question: are you "Interested in experiencing dramatic short term losses for better returns?". "Interested"? Really? "Dramatic"? Is that just unfortunate word choice or is this thing just not legit? First of all, Betterment and Wealthfront are good companies. If "startups" concern you, check out Schwab's robo-advisor service or, better, get a Vanguard LifeStrategy fund.
    - peteretep 11y ago
      > get a Vanguard LifeStrategy fund Struggle to think of many investment choices that this isn't the right answer to.
      - nerfhammer 11y ago
        Taxes. Vanguard's LifeStrategy and Target Retirement funds were not meant to be tax efficient.
        peteretep 11y ago
        Isn't that a function of the wrapper, rather than the fund? Both investments I have in Vanguard are entirely tax free...
dbbolton 11y ago
Why is VirtualBox a prereq? This appears to be a locally-run web app, unless I'm missing something.
- fletchowns 11y ago
  Because the author was nice enough to provide a Vagrantfile that can easily spin up a box that gets provisioned with all the required software installed. Sure you could probably run it on your host OS, but why would you even want to bother with that?
- geno149 11y ago
  The install process in the readme is recommended for your local development environment, not prod. I'll be the first to admit our documentation needs more work. If you have any questions about installation you can email me - gene [at] wealthbot.io
- vladko 11y ago
  definitely you can use your local OS to run it. if you have a full LAMMP stack ready, just setup a new vhost (or whatever your typical process is.. .and off you go). (as a matter of fact, that's how it would be deployed in production). however vagrant is perfect for local, since you need mongo and mysql and various php extensions, etc. etc. all of that comes pre-packaged w/ vagrant... so if you don't feel like littering your local with a bunch of libs that you or many not use in the future, use vagrant. up to you completely.
jsweojtj 11y ago
I'm reading the Readme -- what's RIA?
- skeuomorf 11y ago
  "A Registered Investment Adviser (RIA) is an investment adviser (IA) registered with the Securities and Exchange Commission or a state's securities agency." [0] "A Registered Investment Advisor is defined by The Investment Advisers Act of 1940 as a "person or firm that, for compensation, is engaged in the act of providing advice, making recommendations, issuing reports or furnishing analyses on securities, either directly or through publications." An investment advisor has a fiduciary duty to his or her clients, which means that he or she has a fundamental obligation to provide suitable investment advice and always act in the clients' best interests." [1] [0] https://en.wikipedia.org/wiki/Registered_Investment_Advisor https://en.wikipedia.org/wiki/Registered_Investment_Advisor [1] http://www.investopedia.com/terms/r/ria.asp http://www.investopedia.com/terms/r/ria.asp
beberlei 11y ago
Cool! Even if a demo is great, with the complexity to setup I would prefer screenshots as well to show some standard use-cases. On the technical side: You should really upgrade Symfony to version 2.7 (new LTS), the 2.1 you use is not supported aynmore. In the demo (production environment) you should hide the webtoolbar for security reasons.
- geno149 11y ago
  Yes, I'll be the first to admit our documentation needs some work. How about screencapture gifs? Example: http://i.imgur.com/DsZx51m.gif http://i.imgur.com/DsZx51m.gif As far as the Symfony upgrade, great minds think alike: https://github.com/wealthbot-io/wealthbot/tree/feature/symfony-upgrade https://github.com/wealthbot-io/wealthbot/tree/feature/symfo...
- vladko 11y ago
  upgrading symfony is one of the key things we are working on right now. don't think of the demo as production, it's just a test server with some dummy data, where you can play around with features of webo. as open source projects we welcome all the help and as many pull requests as possible :)
  - UserRights 11y ago
    Would you like to publish the demo data to the repo as well, so we can test this app locally with some relevant data loaded? Thanks!
    - vladko 11y ago
      it's available.. it's actually loaded for you by vagrant as fixtures.. the actual command it runs is: doctrine:fixtures:load (which are in the Fixtures bundle). the script which setups the demo data is located in vagrant/puphpet/files/exec-once if you don't use vagrant you'll need to run that sort of setup manually
      - geno149 11y ago
deleted 11y ago
[deleted]
Gu3rr1lla 11y ago
Why should I contribute? I'd love help out as Symfony2 is my favourite PHP Framework but I feel like I would just be making other people wealthier for free. Would this be useful for me?
tjsix 11y ago
Having spent 6 years as a fully licensed Financial/Investment advisor as firms both large and small (independent), I can say that while I think this is a cool project, marketing it towards investment advisors likely isn't going to get much traction. This is because 99% of advisors (in the US) already have access to tools like this, except much more in depth and integrated with their trading systems. It's in every broker-dealer's (the companies whose investment products the advisors are selling) best interest to provide as much sales support and tooling as possible to their registered reps, so many of them provide things like this free of charge. Aside from that, unless this has been vetted and audited by FINRA or a registered CRCP, the chances that any compliance officer (which every RIA is required to have), are virtually non-existent. I haven't dug into the platform to see what type of guidance you're offering/presenting, but you need to be really careful about what advice you give or state that you give. As in the US, anything even remotely related to any investment vehicle is highly regulated and providing guidance and advice without the required registrations, licenses and oversight can and will land you in very hot water, very fast. All that said, I think with the right approach, something like this could be great for personal use as long as it integrated with multiple investment companies and could track and recommend based on all of them.
- geno149 11y ago
  Are you saying all software used by RIAs has do be vetted and audited by FINRA or a CRCP? I don't believe this to be true. We don't offer advice, only code. Could you point me to a few custodians or broker/dealers that provide portfolio management & rebalancing software for free? We haven't found any, but def don't have the same experience as you, so maybe we're just missing something.
  - tjsix 11y ago
    No, I'm not saying software used by advisors HAS to be vetted. I'm saying that I don't know a single compliance officer that would green light a piece of software that provides any type of financial analysis, or recommendations to be used by their company as a whole without it being audited. Due to regulations, the risk is just too high. Now whether the individual advisors use it on their own is a different story. But the main issue there is that there are already an obnoxious number of channels, apps, systems that advisors have to use, the last thing most want to do is add another system into the mix, unless that system greatly simplifies things and integrates into their existing systems somehow, it probably isn't going to happen. You're not offering advice, but you're offering the code which generates recommendations on position allocations. Any recommendation is considered 'advice' by FINRA and has to follow strict suitability requirements. Whether or not this would require any registration, licensing, etc on your part I have no idea, but it's definitely something I'd check into just to be safe. In general as long as you're not charging in some way for said advice there's no FINRA requirements, BUT that doesn't mean there wouldn't be any liability. Every broker/dealer has their own management software/platform for client accounts, some more comprehensive than others. Though I don't know any of them that allow use by the general public, you have be be a registered rep of their firm to use them. The reason you don't see them publicly available is because of regulatory requirements regarding suitability for recommendations. Though companies like Fidelity and Schwab have some pretty in-depth tools for account management on their sites.
robbfitzsimmons 11y ago
Really like this. Even the cheapest robo-advisors like Betterment charge 0.1-0.3% on top of the fund fees, which sounds small but eats into gains over time. However, I think the target audience is probably more likely individuals rather than financial advisors, unless you're going to be running it as a SaaS. I can't see the overlap of small advisory firms and those familiar with Vagrant. Will give it a poke with a few hundred dollars in Vanguard ETFs.
- geno149 11y ago
  So, betterment (for example) offers something called betterment institutional where the advisor has to pay that same .1-.3% of AUM to provide those services to her clients. This ends up costing the advisor hundreds of thousands of dollars every year. Or an advisor could pay someone like (future) you, who's familiar with Vagrant and knows the wealthbot platform inside-out, to implement wealthbot.io at her firm for a 1 time fee. Seems like an easy choice :)
MikeTV 11y ago
Does this hook up to my brokerage account and perform rebalancing and tax-loss harvesting a la Betterment/Wealthfront? It looks like it might, but with extra layers of complication to jump through first since I'm both pseudo-RIA and client. A step-by-step guide or "manage my own funds only" configuration would be helpful.
- geno149 11y ago
  Mike, these are great ideas, we definitely want to make it easier for users to setup their own account. Just so you know, our roadmap is public - https://trello.com/b/klhsT5Xj/wealthbot-io-roadmap-and-ideas https://trello.com/b/klhsT5Xj/wealthbot-io-roadmap-and-ideas and you can suggest new feature ideas here - https://trello.com/b/klhsT5Xj/wealthbot-io-roadmap-and-ideas https://trello.com/b/klhsT5Xj/wealthbot-io-roadmap-and-ideas Thanks!
  - nerfhammer 11y ago
    Yea, a bot that just runs your Vanguard account like betterment/wealthfront would but without their fees would provide a huge amount of value to people.
    - vladko 11y ago
      that's kind of what wealthbot does... you can set it up to manage your own portfolio. i.e. you can set yourself up as an RIA and a client of your own firm, the on-boarding process for both sides takes 45 min total. And if you are good enough with writing code you can script all your setup data (we have examples of that).. than setup is even faster. Once that's done you can run the rebalancer on tolerance or quarterly (time-frame) basis to rebalance your own portfolio without any fees. You'd only pay fees with your custodian if you decided to execute the trades proposed by the rebalancer.
hughdbrown 11y ago
The technology stack of this application gives me pause, if I am reading the included vagrantfile correctly: ruby and python and php; nginx and apache2; mysql and postgresql and sqlite and mongodb; redis and rabbitmq. Why so many overlapping choices? And I tend to think that the whole vagrant + puppet installation would be way faster and simpler just using docker.
- vladko 11y ago
  the vagrant config is a little confusing at first glance. note, this is a typical config file provisioned by puphpet ... if you look closely not all of those packages are marked for installation. (install : 1/0) so we only use a faction of those listed. a basic lammp stack, i guess + some necessary php extensions. p.s. as to why all the entries are there i guess it was easier to generate a file with everything and enable/disable various tools as needed. i.e. i decide to switch from apache to nginx change apache isntall = 0, nginx intall = 1..

114 points by geno149 11y ago

fourstar 11y ago

What part of this is written in COBOL? I was looking in the repo but couldn't find anything to match.

geno149 11y ago
None actually. Haven't gotten around to troubleshooting linguist yet - https://github.com/github/linguist#troubleshooting https://github.com/github/linguist#troubleshooting
- erichurkman 11y ago
  Pretty sure it's this large file. https://github.com/wealthbot-io/wealthbot/blob/master/system/incoming_files/TD/ZLU/unrealized/TD110701.CBL https://github.com/wealthbot-io/wealthbot/blob/master/system...
  - geno149 11y ago
    Yay, thanks for that! Fixed. That's been so annoying.

kevan 11y ago

It seems like this is targeted at Investment Advisors, would it be useful for the rest of us without any finance training?

geno149 11y ago
You could use it to track the performance and to rebalance your own portfolio. Here's some background on rebalancing: http://www.bogleheads.org/wiki/Rebalancing http://www.bogleheads.org/wiki/Rebalancing Btw, I highly recommend Bogleheads.com if you want to learn more about personal portfolio management.
- saryant 11y ago
  When I got my first job after college I somehow stumbled upon Bogleheads.org after receiving an indecipherable 401k information packet and trying to figure out what to do. An invaluable resource, their wiki led me to the church of low-cost index funds. And that's the story of how I realized my roommate had screwed me over when he convinced me to open a Roth IRA with him at Primerica with the money from my junior-year internship. >1.5% ER, 12b1 fee, front-load sales, the works. He ended our friendship when I transferred the account to Vanguard.
  - seanp2k2 11y ago
    You don't need friends or funds like that :) I always recommend low-cost index funds to anyone who asks, even though I'm no pro investor. It just seems like a pretty obvious way to not miss out if the market moves without risking much more than anyone else if it tanks.
- tunesmith 11y ago
  I've been rebalancing religiously every quarter, sector-balanced low-fee mutual funds etc. Lifetime APY so far, 2.5% . S&P500 APY over same time period about 8.3% . Grumble.
  - zo1 11y ago
    Why is no one considering investing offshore? Is it really that risky? I've seen some ridiculous returns on offshore funds. Have a look at some of the Southern African funds (though it does include non-SouthAfrican funds as well): http://www.morningstar.co.za/ http://www.morningstar.co.za/
    - pjc50 11y ago
      Is that USD-denominated returns or ZAR-denominated? Offshore investment exposes you to FX risk as well as that of the underlying investment.
      - 11y ago

pbreit 11y ago

Sorry, but I don't see anyone using this ever. Managing money is mostly about making constituents feel comfortable and this does not. This doesn't strike me as the type of subject matter to do as a side-project or hobby.

captnmeowmix 11y ago
I don't understand this kind of cynicism. As a financially literate individual, I think this is pretty cool and will probably give it a go at some point. What's more comforting than a locally hosted app in a vm you can tailor however you want? I certainly prefer that over handing all my financial data to some 'cloud' service.
- pbreit 11y ago
  I really don't like being critical but I think this is just kind of silly (at least for US citizens). For example, first survey question: are you "Interested in experiencing dramatic short term losses for better returns?". "Interested"? Really? "Dramatic"? Is that just unfortunate word choice or is this thing just not legit? First of all, Betterment and Wealthfront are good companies. If "startups" concern you, check out Schwab's robo-advisor service or, better, get a Vanguard LifeStrategy fund.
  - peteretep 11y ago
    > get a Vanguard LifeStrategy fund Struggle to think of many investment choices that this isn't the right answer to.
    - nerfhammer 11y ago
      Taxes. Vanguard's LifeStrategy and Target Retirement funds were not meant to be tax efficient.
      - peteretep 11y ago
        Isn't that a function of the wrapper, rather than the fund? Both investments I have in Vanguard are entirely tax free...

dbbolton 11y ago

Why is VirtualBox a prereq? This appears to be a locally-run web app, unless I'm missing something.

fletchowns 11y ago
Because the author was nice enough to provide a Vagrantfile that can easily spin up a box that gets provisioned with all the required software installed. Sure you could probably run it on your host OS, but why would you even want to bother with that?
geno149 11y ago
The install process in the readme is recommended for your local development environment, not prod. I'll be the first to admit our documentation needs more work. If you have any questions about installation you can email me - gene [at] wealthbot.io
vladko 11y ago
definitely you can use your local OS to run it. if you have a full LAMMP stack ready, just setup a new vhost (or whatever your typical process is.. .and off you go). (as a matter of fact, that's how it would be deployed in production). however vagrant is perfect for local, since you need mongo and mysql and various php extensions, etc. etc. all of that comes pre-packaged w/ vagrant... so if you don't feel like littering your local with a bunch of libs that you or many not use in the future, use vagrant. up to you completely.

jsweojtj 11y ago

I'm reading the Readme -- what's RIA?

skeuomorf 11y ago
"A Registered Investment Adviser (RIA) is an investment adviser (IA) registered with the Securities and Exchange Commission or a state's securities agency." [0] "A Registered Investment Advisor is defined by The Investment Advisers Act of 1940 as a "person or firm that, for compensation, is engaged in the act of providing advice, making recommendations, issuing reports or furnishing analyses on securities, either directly or through publications." An investment advisor has a fiduciary duty to his or her clients, which means that he or she has a fundamental obligation to provide suitable investment advice and always act in the clients' best interests." [1] [0] https://en.wikipedia.org/wiki/Registered_Investment_Advisor https://en.wikipedia.org/wiki/Registered_Investment_Advisor [1] http://www.investopedia.com/terms/r/ria.asp http://www.investopedia.com/terms/r/ria.asp

beberlei 11y ago

Cool! Even if a demo is great, with the complexity to setup I would prefer screenshots as well to show some standard use-cases. On the technical side: You should really upgrade Symfony to version 2.7 (new LTS), the 2.1 you use is not supported aynmore. In the demo (production environment) you should hide the webtoolbar for security reasons.

geno149 11y ago
Yes, I'll be the first to admit our documentation needs some work. How about screencapture gifs? Example: http://i.imgur.com/DsZx51m.gif http://i.imgur.com/DsZx51m.gif As far as the Symfony upgrade, great minds think alike: https://github.com/wealthbot-io/wealthbot/tree/feature/symfony-upgrade https://github.com/wealthbot-io/wealthbot/tree/feature/symfo...
vladko 11y ago
upgrading symfony is one of the key things we are working on right now. don't think of the demo as production, it's just a test server with some dummy data, where you can play around with features of webo. as open source projects we welcome all the help and as many pull requests as possible :)
- UserRights 11y ago
  Would you like to publish the demo data to the repo as well, so we can test this app locally with some relevant data loaded? Thanks!
  - vladko 11y ago
    it's available.. it's actually loaded for you by vagrant as fixtures.. the actual command it runs is: doctrine:fixtures:load (which are in the Fixtures bundle). the script which setups the demo data is located in vagrant/puphpet/files/exec-once if you don't use vagrant you'll need to run that sort of setup manually
    - geno149 11y ago

deleted 11y ago

[deleted]

Gu3rr1lla 11y ago

Why should I contribute? I'd love help out as Symfony2 is my favourite PHP Framework but I feel like I would just be making other people wealthier for free. Would this be useful for me?

tjsix 11y ago

Having spent 6 years as a fully licensed Financial/Investment advisor as firms both large and small (independent), I can say that while I think this is a cool project, marketing it towards investment advisors likely isn't going to get much traction. This is because 99% of advisors (in the US) already have access to tools like this, except much more in depth and integrated with their trading systems. It's in every broker-dealer's (the companies whose investment products the advisors are selling) best interest to provide as much sales support and tooling as possible to their registered reps, so many of them provide things like this free of charge. Aside from that, unless this has been vetted and audited by FINRA or a registered CRCP, the chances that any compliance officer (which every RIA is required to have), are virtually non-existent. I haven't dug into the platform to see what type of guidance you're offering/presenting, but you need to be really careful about what advice you give or state that you give. As in the US, anything even remotely related to any investment vehicle is highly regulated and providing guidance and advice without the required registrations, licenses and oversight can and will land you in very hot water, very fast. All that said, I think with the right approach, something like this could be great for personal use as long as it integrated with multiple investment companies and could track and recommend based on all of them.

geno149 11y ago
Are you saying all software used by RIAs has do be vetted and audited by FINRA or a CRCP? I don't believe this to be true. We don't offer advice, only code. Could you point me to a few custodians or broker/dealers that provide portfolio management & rebalancing software for free? We haven't found any, but def don't have the same experience as you, so maybe we're just missing something.
- tjsix 11y ago
  No, I'm not saying software used by advisors HAS to be vetted. I'm saying that I don't know a single compliance officer that would green light a piece of software that provides any type of financial analysis, or recommendations to be used by their company as a whole without it being audited. Due to regulations, the risk is just too high. Now whether the individual advisors use it on their own is a different story. But the main issue there is that there are already an obnoxious number of channels, apps, systems that advisors have to use, the last thing most want to do is add another system into the mix, unless that system greatly simplifies things and integrates into their existing systems somehow, it probably isn't going to happen. You're not offering advice, but you're offering the code which generates recommendations on position allocations. Any recommendation is considered 'advice' by FINRA and has to follow strict suitability requirements. Whether or not this would require any registration, licensing, etc on your part I have no idea, but it's definitely something I'd check into just to be safe. In general as long as you're not charging in some way for said advice there's no FINRA requirements, BUT that doesn't mean there wouldn't be any liability. Every broker/dealer has their own management software/platform for client accounts, some more comprehensive than others. Though I don't know any of them that allow use by the general public, you have be be a registered rep of their firm to use them. The reason you don't see them publicly available is because of regulatory requirements regarding suitability for recommendations. Though companies like Fidelity and Schwab have some pretty in-depth tools for account management on their sites.

robbfitzsimmons 11y ago

Really like this. Even the cheapest robo-advisors like Betterment charge 0.1-0.3% on top of the fund fees, which sounds small but eats into gains over time. However, I think the target audience is probably more likely individuals rather than financial advisors, unless you're going to be running it as a SaaS. I can't see the overlap of small advisory firms and those familiar with Vagrant. Will give it a poke with a few hundred dollars in Vanguard ETFs.

geno149 11y ago
So, betterment (for example) offers something called betterment institutional where the advisor has to pay that same .1-.3% of AUM to provide those services to her clients. This ends up costing the advisor hundreds of thousands of dollars every year. Or an advisor could pay someone like (future) you, who's familiar with Vagrant and knows the wealthbot platform inside-out, to implement wealthbot.io at her firm for a 1 time fee. Seems like an easy choice :)

MikeTV 11y ago

Does this hook up to my brokerage account and perform rebalancing and tax-loss harvesting a la Betterment/Wealthfront? It looks like it might, but with extra layers of complication to jump through first since I'm both pseudo-RIA and client. A step-by-step guide or "manage my own funds only" configuration would be helpful.

geno149 11y ago
Mike, these are great ideas, we definitely want to make it easier for users to setup their own account. Just so you know, our roadmap is public - https://trello.com/b/klhsT5Xj/wealthbot-io-roadmap-and-ideas https://trello.com/b/klhsT5Xj/wealthbot-io-roadmap-and-ideas and you can suggest new feature ideas here - https://trello.com/b/klhsT5Xj/wealthbot-io-roadmap-and-ideas https://trello.com/b/klhsT5Xj/wealthbot-io-roadmap-and-ideas Thanks!
- nerfhammer 11y ago
  Yea, a bot that just runs your Vanguard account like betterment/wealthfront would but without their fees would provide a huge amount of value to people.
  - vladko 11y ago
    that's kind of what wealthbot does... you can set it up to manage your own portfolio. i.e. you can set yourself up as an RIA and a client of your own firm, the on-boarding process for both sides takes 45 min total. And if you are good enough with writing code you can script all your setup data (we have examples of that).. than setup is even faster. Once that's done you can run the rebalancer on tolerance or quarterly (time-frame) basis to rebalance your own portfolio without any fees. You'd only pay fees with your custodian if you decided to execute the trades proposed by the rebalancer.

hughdbrown 11y ago

The technology stack of this application gives me pause, if I am reading the included vagrantfile correctly: ruby and python and php; nginx and apache2; mysql and postgresql and sqlite and mongodb; redis and rabbitmq. Why so many overlapping choices? And I tend to think that the whole vagrant + puppet installation would be way faster and simpler just using docker.

vladko 11y ago
the vagrant config is a little confusing at first glance. note, this is a typical config file provisioned by puphpet ... if you look closely not all of those packages are marked for installation. (install : 1/0) so we only use a faction of those listed. a basic lammp stack, i guess + some necessary php extensions. p.s. as to why all the entries are there i guess it was easier to generate a file with everything and enable/disable various tools as needed. i.e. i decide to switch from apache to nginx change apache isntall = 0, nginx intall = 1..