My investments are down $25,000.
Yep $25k!!!! I’ve invested thousands during that time too, but I am not panicked. 🙃
If I bought a house and the value dropped I wouldn’t be panicking unless I was trying to sell. I’d hopefully wait it out. This is the same thing!!
If you aren’t selling your investments, the value honestly doesn’t matter that much at any given moment. Of course, you should be aware of it. But you don’t lose ANYTHING until you sell it.
Plus, if housing prices go down they call it a buyers’ market because houses are essentially on sale. You can get more value for less money. Same goes for investing in the stock market! The same amount of money gets you MORE stocks and hopefully more money in the long run.
Now whether or not it is a good time to invest for you personally depends on your own situation, but don’t let the market being down scare you!
How are you handling this stock market drop?