Is it, though? On paper, I've lost about 35% of my net worth in the recent market downturn, and it hasn't affected my life even the slightest. Maybe it's differ

Is it, though? On paper, I've lost about 35% of my net worth in the recent market downturn, and it hasn't affected my life even the slightest. Maybe it's different if it's your own company and your ego is tied up in the stock price, but some numbers in a brokerage account going down doesn't feel like a "stiff consequence" to me.