Quote:
Originally Posted by G1911
It does at some point, but pulling back a few points off of new all-time high records for a few weeks is nowhere near that point. S&P is still higher than it was 6 months ago, and well over the 5,000 milestone it first hit 1 year ago. Dow is up a couple thousand over 6 months ago, down a couple thousand over 3 months ago. I'm not seeing down 25%, or cause for panic to cut out unnecessary expenses, but at some point there is unfortunately such a time for that.
|
I understand what you are saying. But it is still a mental-thing to see your account at one number and down a lot (mine is down over 25% as I am all in, on tech).
I am not selling anything but am just more careful on spending too much. Everyone is different. A lot of people, maybe most, aren't sensitive to the market. I still sleep well as only approximately 10% of my assets are in the market. But still.....I look at what pre war cards I could have bought with my on-paper market losses. I could have had a lot of Ruths or Cobbys!
I need to see a card...