Personal Finance & Money Asked by WIIZZPL on July 5, 2021
I’d like to know how to record for the appreciation of my investment portfolio.
The idea of not recording it; and then recording it as revenue once I sell it seems a bit off to me.
I plan to hold my shares and bonds for a long time, possibly never selling them; Thus the recognition of the increase in value using that method will happen very far out into the future if I even ever sell.
One solution I’ve found is to do it just like depreciation with the "Accumulated Appreciation." and -"Appreciation Revenue.".
It did sound like a good idea to me however, once I was implementing it, I encountered some problems and didn’t found any answers for them:
This is for my personal bookkeeping that I do on my own in Excel.
The accounting periods last one month, with an additional annual report.
I would love to be able to see the current market value of my portfolio on the balance sheet.
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