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Re: Losing money
[Re: jmj120]
#4315288
04/28/25 04:00 PM
04/28/25 04:00 PM
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Joined: Jan 2017
Posts: 4,884
Lower Alabama
Andalusia
12 point
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12 point
Joined: Jan 2017
Posts: 4,884
Lower Alabama
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Maybe I look at it wrong. If my 401k is worth 500,000 then 2 weeks later it’s worth 450,000 I feel like I’ve lost 50,000. Same as when it gains I feel like I’ve made money You have it correct: you "feel" like you have lost or gained. Big difference than "actually" losing that amount!! As long as you can ride out the ups and downs without needing to remove your investments, then sometimes it is just better to only occasionally check out their value and just keep faithfully investing each month. Over the years you will accumulate wealth.
"It is the mark of an educated mind to be able to entertain a thought without accepting it"
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