Quote:
Originally Posted by ThaVirus
What do y’all use to track your net worth?
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I do a balance sheet at FMV once a year on excel.
This year I did a pretty in depth portfolio analysis. It was all manually looking up holdings in each fund and working the the numbers with excel. That took a bit of time and I probably won’t do that too often, but the work did make me decide to change some of my holdings.
Balance sheet is the easiest way. If you're going to look it all up anyway to link it, just put the values in a balance sheet. Don't over think it.
Assets = liabilities + equity.
Equity=net worth.