The first thing that you should know is that you will have to install one spreadsheet program or another to manage your portfolio and understand how it works. You can go for Excel, but you can also choose another spreadsheet program like PowerPoint, as it has many more features. You can also try Acrobat or MS Word, although PowerPoint may be more powerful and user-friendly. These are all free options, so there is no problem if you prefer them.
You will also need a training program to show you how the process works. All you have to do is download one of these programs and follow its instructions. The important thing is that you understand how it works and then you can start managing your portfolio on your own.
You will have to install a software tool on your computer if you want to use portfolio tracking spreadsheets. This software allows you to customize the settings of your portfolio and change the settings as you wish. You will also have to assign different labels for each asset in the portfolio.
You will also have to choose different format options. In many cases, you can choose between standard and excel format. But if you want to design your portfolio, you have to choose between the two formats.
Another feature that portfolio tracking spreadsheets have is that you can set up alerts for each investment so that you can receive them automatically. All you have to do is enter a call to action, the action that you want, and the date that you want it sent.
After choosing your settings and configuration, you will have to install the portfolio tracking spreadsheet program. It will then allow you to manage your portfolio, track your transactions, print the information, and get reports, amongst other things. All you have to do is to log in to the website and do your set up.
Although this program will be very expensive, it will be worth every penny as it allows you to manage your portfolio efficiently. It’s a good idea to practice using this program before making any serious investments. In a few months, you can move from beginner to professional.