Hey everyone, I wanted to share a simple spreadsheet I made for keeping tabs on my investments. It’s nothing fancy, but it works for me. Here’s how it’s set up:
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There’s a tab for logging purchases. I don’t bother with sells since I’m in it for the long haul. If you trade a lot, this might not be for you. But it does handle situations like demergers.
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Another tab summarizes each investment, showing profits and returns. You can even compare your progress against market indexes.
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There’s also a section to add more indexes or funds if you want extra comparison options.
It’s pretty basic, but it helps me keep track of everything. Has anyone else used a similar approach? I’d love to hear your thoughts and any tips for improvement!
hey mikechen, that sounds like a neat system! i’ve been using somthing similar but not as organized. do u have any tips for tracking dividends? thats the part i always struggle with. maybe i should add a seprate tab for that? anyways, thanks for sharing ur setup!
I’ve been using a spreadsheet for tracking investments as well, and it’s been incredibly helpful. One feature I’ve found particularly useful is a tab dedicated to tracking dividend payments. This allows me to see the total income generated by my portfolio over time. Additionally, I’ve incorporated a feature to automatically update stock prices using Google Finance functions, which saves a lot of manual data entry. For long-term analysis, I’ve added a chart that visualizes my portfolio’s performance against major indices. It’s fascinating to see how different investments perform over extended periods. Have you considered automating any aspects of your spreadsheet, mikechen?
I’ve been using a similar spreadsheet system for years, and it’s been a game-changer for me. One thing I’ve found really useful is adding a risk assessment column. I assign each investment a risk score based on factors like volatility and sector exposure. This helps me maintain a balanced portfolio and guides my decision-making when it’s time to rebalance.
Another tip: I’ve set up conditional formatting to highlight underperforming assets in red and overperforming ones in green. It gives me a quick visual overview of how everything’s doing.
For those who are into more advanced analysis, I’ve experimented with using Python to pull data from my spreadsheet and run more complex calculations. It’s not necessary, but it can provide some interesting insights if you’re into that sort of thing.
Have you thought about incorporating any risk assessment or advanced analysis tools into your setup, mikechen?