Andre1969
Thinks s/he gets paid by the post
So, I'm adding up my figures this morning, and completely non-plussed about the recent market turmoil. I figure hey, it goes down; eventually it'll go up again. The Dow Jones is off around 11% from its peak, so...correction territory. Well, we've been over-due for one.
Anyway, I get my totals added up, and initially, it looks like I'm down about 4.6% for the year. Eh, no biggie. But then, I started looking at some previous numbers, and noticed the ones I just entered, while lower, didn't seem *that* much lower. Not enough to account for as big of a drop as it was. Then I saw the glitch. One number that I should have entered as $55,XXX was only $5,XXX. Oops.
So, it turns out, I'm really only down around 1.3% for the year. Inconsequential. But, it got me worried a bit, about my own attitude. Here, I just "misplaced" $50,000, yet it seemed like nothing. Now, if I physically lost the money, and couldn't get it back, I'm sure I'd feel sick to my stomach. But I guess I've gotten used to the ups and downs of the market that a momentary loss like that, which I can get back over time, just doesn't seem like a big deal.
So maybe, this is a sign that I really am financially independent, and I'm getting comfortable with that fact? Hopefully it's not a sign that I'm going to get fast and loose with money in my old age!
Anyway, I get my totals added up, and initially, it looks like I'm down about 4.6% for the year. Eh, no biggie. But then, I started looking at some previous numbers, and noticed the ones I just entered, while lower, didn't seem *that* much lower. Not enough to account for as big of a drop as it was. Then I saw the glitch. One number that I should have entered as $55,XXX was only $5,XXX. Oops.
So, it turns out, I'm really only down around 1.3% for the year. Inconsequential. But, it got me worried a bit, about my own attitude. Here, I just "misplaced" $50,000, yet it seemed like nothing. Now, if I physically lost the money, and couldn't get it back, I'm sure I'd feel sick to my stomach. But I guess I've gotten used to the ups and downs of the market that a momentary loss like that, which I can get back over time, just doesn't seem like a big deal.
So maybe, this is a sign that I really am financially independent, and I'm getting comfortable with that fact? Hopefully it's not a sign that I'm going to get fast and loose with money in my old age!