I spent a little time tinkering with Google Docs Spreadsheets today, trying to use it to track the asset allocation of my investment portfolio.
This function allows you to import data from Google Finance like current stock prices, p/e ratios, or performance. Here is the Google Docs Help page. For example, if you want to pull up the price of a share of Google stock, you’d enter this into a cell.
Importing Personal Data
I could not find an easy way to import my actual holdings into Google Docs, but I’m not sure if you want that capability due to privacy concerns. Google Docs does allow you to import from RSS or XML feeds. I ended up just manually entering the ticker symbols and number of shares I held for each mutual fund. This means I will have to update my 401(k) funds after each paycheck, and my other holdings when I make a transaction or when a dividend is paid.
Below is a shortened version of my online file, as a quick example.
You can view the full version more easily here. To edit, go to File and click on “Create a copy…”. You can then poke around and change the ticker symbols to your own.
In the full version, I have columns that compare my current asset allocation percentages to my target percentages. This can help people who wish to rebalance when their allocations are off by a certain amount. I can see that I am currently overweight in Emerging Markets due to their recent run-up, and underweight in TIPS. Everything else seems close enough.
The pie charting function seems a little buggy, I couldn’t get it to show the proper labels.