This was in the NPR recently [1]. It has a good perspective: just like jump ups in your portfolio aren't worth anything until you cash out, drops aren't losses

This was in the NPR recently [1]. It has a good perspective: just like jump ups in your portfolio aren't worth anything until you cash out, drops aren't losses until you cash out. Or the Warren Buffett philosophy[2] is, don't make a number be the source of your happiness or sadness. Play with your kids, enjoy life, even if that number is horrible, will you be fine? Probably yes... [1] https://www.npr.org/2022/09/28/1125656030/the-markets-are-down-heres-how-to-handle-your-investments https://www.npr.org/2022/09/28/1125656030/the-markets-are-do... [2] https://www.cnbc.com/2018/03/20/warren-buffett-doubling-your-net-worth-wont-make-you-happier.html https://www.cnbc.com/2018/03/20/warren-buffett-doubling-your...