How to Make a Spreadsheet to Track Investments

Why You Should Track Your Investments

Tracking your investments can help you stay on top of how much money you have invested and how it's performing. It can also help you make informed decisions and plan ahead for your future. Keeping track of your investments will save you time and effort in the long run, as you won't have to manually enter or check on information.

What You Need to Make a Spreadsheet to Track Your Investments

Before you start creating your spreadsheet, you should gather all the necessary information. This includes the amount you have invested, the type of investment, the rate of return, the date of purchase, and any fees you have paid. Once you have all this information, you can then begin to create your spreadsheet.

How to Create a Spreadsheet to Track Your Investments

The first step in creating your spreadsheet is to open a new Excel workbook. You'll then need to create a few columns that you can use to track your investments. These columns should include the date of purchase, the type of investment, the rate of return, the amount invested, and the fees paid.

Setting Up Formulas to Track Your Investments

Once you have your columns set up, you can create formulas to track the performance of your investments. For example, you can use the SUM function to calculate the total amount of money you have invested and the RATE function to calculate the rate of return on your investments. You can also use the DATE function to track when your investments were made.

Tracking Your Investments Over Time

Finally, once your spreadsheet is set up, you can use it to track your investments over time. You can use the formulas you set up earlier to calculate the rate of return and the total amount of money you have invested. Additionally, you can use the DATE function to track when each investment was made and how long it has been for each investment.

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