Excel is the de facto choice for most people who want to create a quality portfolio sheet. This is so because it’s easy to use, inexpensive, and it’s easy to open in Microsoft Word or other compatible application. In addition, it’s virtually fool-proof, which makes it an attractive option for everyday users.
But how can you create a free Excel investment portfolio spreadsheet that will help you with your financial planning? How do you choose a free Excel investment portfolio spreadsheet that will produce realistic results?
Using Excel as a financial planning tool should never be taken lightly. Just as complicated financial models can create unrealistic results, a budget spreadsheet designed with Excel can too. The only real way to ensure you’re choosing a spreadsheet that will produce realistic results is to do a bit of research before spending money.
Choosing a Free Excel Investment Portfolio Spreadsheet
A good place to start when researching your free Excel investment portfolio spreadsheet is to read reviews. What do others say about this particular spreadsheet? How effective is it at generating useful data?
There are also plenty of free Excel investment portfolio spreadsheet programs that you can download from the Internet. Some are well known, some are not. Before you spend your money, you should take the time to review the free Excel investment portfolio spreadsheet programs that are available online.
When considering a portfolio spreadsheet software, look for something that has a simple user interface. This is important, because it makes it easier for you to work with. Look for a program that offers plenty of financial data, such as interest rates, charts, and graphs.
One other thing to look for is a user interface that’s easy to use. Don’t assume that because the program is free that it’s just plain old complicated. You should also be able to manipulate your financial data easily.
An added feature, you may be interested in is a “returns” function. This simply means you can easily see the total return you have invested. Some programs provide this feature. This makes it easy to see what kind of return you’ve gotten on your investments.
Calculating your portfolio over time is one of the major investment decisions you’ll make every day. When you’re ready to do that, you want to be able to perform the calculation right on your own personal spreadsheet.
If you’re looking for a free Excel investment portfolio spreadsheet, you’re probably looking for something that will allow you to get started right away. How do you know which one is going to do that? You should be able to see a sample of what the program will look like online, allowing you to make the necessary changes before you ever pay for it.
There are many different features that you can find in portfolio spreadsheet software. Some are geared toward beginners, while others are geared towards more advanced users. As long as you know you’ll be able to open the program up and use it without any problems, you should be good to go.
Remember, a free Excel investment portfolio spreadsheet is only as good as the host that’s hosting it. Make sure you check into this before you spend your money. READ ALSO : free excel inventory spreadsheet