Your investment updates: read (and fret) or toss in the recycle bin? I'll go first: I'm tossing them. There's nothing I can do about the economy so why let it raise my blood pressure??”
I get frustrated b/c I don't really understand how to read them. But I'm finally starting to transition to electronic copies instead of keeping paper copies that I don't read but I'm afraid to throw away. Yeah, irrational, I know. - Paula.
This reminds me: I heard a pearl of wisdom on NPR yesterday from some investment talking head - "don't confuse volatility with loss." I found that enormously helpful: I am trying to remember that it's not a loss unless you're needing to cash out right now.
I actually read mine because my dear husband changed some of our investments around before everything started to tank. I wanted to see how bad it would have been had he not done that. I'm very glad he was thinking ahead. But from now on...I think I will not bother looking at them for awhile.
4 replies so far...
Flag as inappropriate Posted by tkd_mama on 13th November 2008
Flag as inappropriate Posted by Diane on 13th November 2008
Flag as inappropriate Posted by Nataly on 13th November 2008
Flag as inappropriate Posted by marathonmom on 13th November 2008