I’ve been slacking on checking my account balances lately, but I finally got a chance yesterday to log in and check on my 401K.
I knew the market had been bad, but I didn’t realize how bad. My account was down $17,000! Which means that I’ve lost (well, on paper) all of the money I’ve put in this year, including my employer match.
I know I’m too young to worry about what the balances are now (and that I should be celebrating the opportunity to buy low), but it still hurts.
I’m just going to have to keep singing this song from The Simpsons and just not look at my investment account balances.
How are you handling the market downturn? Are you nervous about the lost money, or are you excited about getting a deal? How do you deal with the stress?
(P.S. October goals coming soon – I promise!)