STOCKSAFE

Inspiration

We were all inspired by the recent surge in the stock market within the past couple months has made the younger population become more involved with this activity, and our goal of this program is to give such beginners basic advice about how their position is within the competitive stock market today. Many investors, such as our team when we started investing, do not have proper risk management which is one of the biggest reasons why many investors are not successful. We wanted to help these new investors not to make the same mistakes that we did.

What it does

This program can help you track the stocks you own, tell you what percent of your portfolio is a particular stock that you own, give you advice about whether you're doing good risk management or exceeding the recommended risk tolerance. We ask a set of questions that include the risk tolerance of the individual, the company they currently have a position in, their current portfolio value, their total number of shares, and their average share price. These variables help the program calculate an overall percentage, and based on the percentage, specific advice is given.

How we built it

The primary language my group and I knew was Python. Using various tutorials and online resources, as outlined in the video, we were able to create various functions, variables, and subprograms. We downloaded Yahoo finance packages online and embedded them within our project, helping us display the most up-to-date stock market statistics.

Challenges we ran into

Being able to import the various Yahoo finance packages was a tough task and being able to implement it with Python was tough as well. However, we persevered through it and were able to create a fully functional program.

Accomplishments that we're proud of

The accomplishments we are proud of are the fact that we had come to an agreement on an idea and how we executed it. It took us time but with good communication, we had finished our goal and program. We have also enjoyed the fact that we all had a fun time during this hackathon.

What we learned

We learned that packages play a huge role in many projects and repl it makes it easier for us to download and install the packages on the console and we are thankful for having the opportunity to get 90 days of free repl it.

What's next for STOCKSAFE

STOCKSAFE can be a program that we can add on to and revolutionize to a point where it helps people all around the world, specifically, beginners that are investing in the stock market. We hope to improve this program to make it efficient and more reliable.