I haven't checked our retirement and investment account balances since the beginning of October. I knew the market was down, and had lost most if not all gains. So I was avoiding looking. Today I looked....
the total balance is less than what it was on January 3 of this year. And we've been investing thousands of dollars. It's frustrating to see.
Of course, if I look at the share balance, that has increased because we bought shares. And these are not realized gains or losses until we sell. We don't need the money now and the market will recover at some point.
How are you feeling about the change? I hope you are staying the course when it comes to retirement or making the appropriate adjustments if needed.
The Retirement Accounts
December 16th, 2018 at 04:48 pm
December 16th, 2018 at 05:32 pm 1544981530
I have stayed about the same slight increase since last January.
I did contact my CFP and plan a discussion of future but have had zero issue with staying the course.
In the last meltdown when I had friends losing 50-60% I was down about 30% due to a very good advisor/ plan.
Too many freak out and sell or quit investing and will pay for it in the end.
December 16th, 2018 at 10:48 pm 1545000510