How to Show Real Life Events in Scenarios
The Scenarios tool is a powerful way to model real-life events and see their potential impact on your investments. By simulating situations like withdrawing money for a house, vacation, or car, you can visualize how these decisions might affect your portfolio’s future value and performance.
How to Build this Scenario:
- Start by entering in the Security and Investment information - Security name, Start and End Date, and the Initial Investment
- Click 'Add a Scenario'
- Add the scenario name
- Select the Type - either Contribution or Withdrawal
- Choose the Data Type - Percentage or Value
- Add in a Frequency
- Select a Start and End Date for the Scenario
- Click Add
- Click Calculate