I updated my spreadsheet today. That was a pain, but I had to do it to see where new contributions coming in this month should go to rebalance. It turns out I've lost $86K since the start of the year. That's about the amount of money I lost in the 2008 bear market (obviously had a smaller portfolio at the time.) Of course, over the years my portfolio is still way ahead even with these losses.
However, I'm also pleased to see I have yet to have a year when either my portfolio value, my retirement portfolio value, or my net worth has declined. 2008 was close for the retirement portfolio and the retirement portfolio is down for the year so far, but there are 10-11 months to go and many contributions still to be made.
Sometimes it is best to compare your nest egg to your goals, rather than just looking at portfolio performance, especially short term performance. It's much less depressing.
However, I'm also pleased to see I have yet to have a year when either my portfolio value, my retirement portfolio value, or my net worth has declined. 2008 was close for the retirement portfolio and the retirement portfolio is down for the year so far, but there are 10-11 months to go and many contributions still to be made.
Sometimes it is best to compare your nest egg to your goals, rather than just looking at portfolio performance, especially short term performance. It's much less depressing.
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