W2R
Moderator Emeritus
Thanks for all the replies so far. A question for the folks who track their net worth daily. How do you avoid getting carried away by the daily fluctuations? You could conceivably gain or lose thousands in a day.
Closing my eyes to fluctuations doesn't seem like something I'd want to do. That just doesn't mesh with the scientist/engineer part of me. Besides, it's good practice. If I can watch my net worth go down overnight by more than I spend in a year, frequently, and then back up, then when the market plummets as in 2008-2009 I can perhaps watch my net worth go down 10x what I spend in a year with greater equanimity.