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Excel formula to calculate % gain when adding cash equity to accou
I maintain an Excel spreadsheet that is updated daily with the % gain/loss on
my stock brokerage accounts. How do I change the formula to calculate the accurate % gain in my stock portfolio when I add cash equity to one of the accounts? If I don't change the cost basis in the formula, the % gain in the account increases excessively because it thinks I have gained all of the added money as interest over the preceding 24 hours. If I change the cost basis to account for the new money added to the account, my % gain year to date decreases (from what it was the day before adding the cash equity) because the cost basis is now higher than it was the day before. I want to be able to change the formula going forward each time I add cash equity, but still have an accurate year-to-date % gain from interest I have earned. Thanks. |
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