In this Kubera review, we will discuss the net worth tracker in detail and determine whether it is an excellent platform for tracking all your assets.
It takes financial data from various assets like cryptocurrencies, stocks, bullion, and other assets. and determines their overall net worth effectively.
With Kubera, you can experience premium net worth tracking. Asset classes can be both dynamic and static in terms of value.
Kubera only has a paid option, and users can use it on a trial basis for 14 days. There is no free version, which is good as there are no ads, but it has no information sharing with third parties. This translates to better overall security.
Who Should Use a Portfolio Tracker Like Kubera?
Investors with Dynamic Portfolio
The modern investor has all kinds of investments that need to be tracked. The problem with conventional portfolio tracking platforms is that they focus on assets belonging to traditional media like bank and brokerage accounts, precious metals, stocks, and so on.
Kubera tracks a completely dynamic portfolio with value assets from the conventional ones listed above to cryptocurrencies, Defi assets, NFTs, and even staking mechanisms.
Crypto Investors Concerned with Flawed Data-Sharing Policies
Crypto investors are the most aware users out there when it comes to cybersecurity issues. They want to use apps and tools that don’t share data with third parties and have a proven record against hackers.
Furthermore, Kubera only uses read-only information and doesn’t store the keys to any safe. This is why it doesn’t face significant problems regarding user information security.
Kubera Review: What Makes It a Good Value?
Multi-asset classes
Users can add different kinds of assets to the Kubera platform. They include family businesses, private equity, cryptocurrencies, personal capital, precious metals, and stocks. You can manually enter assets with their dynamic worth, like physical assets.
No Data Sharing
Kubera is a closed system that doesn’t allow information sharing with third parties. This means your data is safe on the company’s servers, and no advertisement agencies will continuously go after your information and cookies to tailor ads for you. The platform uses in-transit and at-rest encryption to help secure your data.
Security
Kubera has a state-of-the-art security system that protects your data and account information. Its security includes two-factor authentication, and the system can automatically update itself. Also, since none of the actual investments occur under Kubera’s watch, the linked accounts are relatively safe even if the Kubera account is compromised.
Kubera Review: Features
Allowing Conventional and Non-Conventional Assets
Kubera allows a wide range of conventional and non-conventional asset tracking as part of its portfolio tracking services. They include bank and brokerage accounts, crypto assets, Defi assets, real estate, and all your investments. They include private ones and even family businesses. You can enter your value and allow it to be part of your wealth management Dead man’s switch.
The Dead Man’s switch is a useful optional feature that Kubera pioneers in personal finance apps. If a person doesn’t log in to their account for 45 days, a portfolio list is emailed to the beneficiary added.
This means that if a person is deceased, the heirs of the deceased can get a list of detailed investments and overall value in a simple spreadsheet directly via e-mail instead of foraging around cryptocurrency wallets, banks, and other depository regimes searching for the inheritance. However, users are advised to log in at least once a month on Kubera. Otherwise, your next of kin will get close to getting all the details of your assets sooner than you might want to.
Manual Tracking of Assets
Kubera allows you to manually enter your portfolio and its value according to your understanding. Many assets like cars, real estate, Defi staked amounts, and cash investments don’t have a way to be entered other than the good old manual route. Kubera allows users to do just that.
So, Kubera is the platform for you if you have a diverse portfolio with the kind of asset classes that are hard to track due to their value.
No Adverts
Kubera doesn’t allow information sharing with third parties and, therefore, doesn’t allow ads. This is a major improvement over other aggregators of assets.
Opening a Kubera Account
Opening a portfolio tracking account with Kubera is a straightforward process. You can sign up with the help of your Google account, or you can manually enter your e-mail information to create an account.
You can get a 14-day trial option for $1.
Here is a step-by-step process to get you up to speed on the Kubera platform:
Step 1: Visit the Kubera website
Click the [Sign up] button on the top right to sign up.
More details
Kubera is a great professional portfolio tracker. What is unique about Kubera is the ability to track your net worth across conventional and unconventional markets, including crypto exchanges, stock exchanges, brokerage firms, and banks. With a revolutionary approach and security features, Kubera is a one-stop shop for all your accounts and portfolio management needs.
-
Sync 20,000+ banks, exchanges, and wallets.
-
Streamlines in-depth tracking with web app.
-
No solicitation of customer data.
-
No ads are forced onto users.
-
No free versions.
-
No investing tools for actual actions.
-
No dedicated iOS or Android app.
-
Lack of advanced budgeting tools.
Step 2: Sign up
Sign up with your Google ID or any other e-mail address. Once done, click the [Sign up] button.
Once you click here, you will be guided to a window to allow the website access to your basic Google account details like e-mail address, etc.
The permissions need to be allowed to access the Kubera portfolio tracking service.
Step 3: Pay $1 for 14 days
To access the platform, you must pay $1 for 14 days. No free version is available, so you must pay a small amount to enter the financial advisor.
Then you are directed to the home screen:
Step 4: Add beneficiary
First things first. Add a beneficiary to avail of the dead man’s switch. This will allow your portfolio to be sent to your next of kin if you don’t log in for an extended period.
This is a fail-safe for users to help divulge information regarding net worth and assets once you are gone.
Step 5: Add your assets to the portfolio
Add portfolio. You can add your assets/portfolio by going to the ‘Assets‘ section on the left, highlighted in red.
There are many options available. They include popular Banks, brokerages, stocks, crypto wallets, cars, homes, and even precious metals. You can choose static or dynamic values.
Here is the complete list of assets you can add:
Kubera Review: Disadvantages
Lack of a Free Version
Kubera doesn’t offer a free version of its helpful platform, which is a bummer. This can be problematic for users as many other competitors offer a basic understanding for free.
Of course, many of these free versions of personal finance apps aren’t powerful enough to track your net worth effectively, so users have to pay for their premium subscription. But Kubera has kept things simple; Pay $1 for the trial version, or there will be no access.
Email-Only Customer Service
More annoying is the fact that accessing customer support is extremely difficult. This means that each time you face a problem on the app, you must e-mail in requests.
While the e-mail experience is often handed promptly, it requires you to type your problem, which is not ideal for many users. No phone or live chat option is available; on that end, Kubera could improve. Other portfolio trackers may have better support.
No Investment Tools are Available
Kubera is more of a financial advisor cum net worth tracker. This means that it doesn’t have investment tools or trading counters of its own. It is designed to be a useful bookkeeper of value, and that is what it is.
Summary
In this Kubera review, we discovered that it is a powerful tool for investors looking for a proven net worth tracker. It is a secure and easy-to-use tool in a market full of net worth trackers. The platform protects your assets by restricting access to read-only status and not allowing any third party to view users’ private information.
The only significant downsides to Kubera include that it doesn’t have a free version available to users and that no investment tools are available.
So, if you are the kind of investor who wants to keep close tabs on all of your assets, Kubera is the correct portfolio tracker for you.
Kubera enables users to track various assets such as crypto, global currencies, stocks, precious metals, cars, houses, URL value, and private equity. With a comprehensive view of their financial status in one platform, Kubera ensures that users have a better understanding of their investments.
Your account will receive the transfer within 15 minutes of initiating the transaction.
Kumar Mahadeva is the owner of Kubera.
