In Kiplinger's six things to do while the world ends, they list the following as #1:
First, do anything, but do not look at your investment-account balances. What you see would just upset you. Take a long walk instead. The thing is, now is not the time to lose your cool completely and sell assets that you thought were good investments a week ago. They undoubtedly still are good investments.
Unfortunately, I update my net worth at the beginning of every month, so I have to look. I'll probably review the numbers this weekend. Please pray for my sanity... ;-)
I'm also dreading my monthly net worth review tonight. It won't be pretty, but at least we have 30+ years until retirement.
Posted by: Kevin | October 01, 2008 at 11:57 AM
I am down 20% for the year. Yikes.
Posted by: jem | October 01, 2008 at 12:31 PM
I'm down 17.4%. I've got a ways to go before retirement, mostly invested in equities.
Posted by: Bobby | October 01, 2008 at 01:05 PM
I'm down something like 40%. Unfortunately, I had WaMu stock, which is no longer. Oh well. At least I too have ~40 years till retirement.
Posted by: Rick | October 01, 2008 at 02:18 PM
I guess now is a good time for me to START looking at my net worth. That way when the economy improves, I'll feel really good about it!
Posted by: Andy | October 01, 2008 at 09:16 PM