3 ms·

I was initially an overly conservative investor, really couldn't accept any risk or loss (I'm young), but tracking day to day swings helped me quite a bit. Som

I was initially an overly conservative investor, really couldn't accept any risk or loss (I'm young), but tracking day to day swings helped me quite a bit. Something about seeing changes every day, many of them negative, really hit home the meaningless of those changes given timescale I was operating on. I am now a much healthier investor.

finance-geek 11y ago
This is one of the big points Ben Graham makes in the classic book The Intelligent Investor -- https://en.wikipedia.org/wiki/The_Intelligent_Investor https://en.wikipedia.org/wiki/The_Intelligent_Investor Essentially -- unrealized losses don't matter unless they are uncover-able losses.