Oops. Net Worth "Fix"

I jumped the gun last week to update my net worth.  It was the last day of the month and I went ahead and posted.  Well... those who follow the markets day-to-day may have noticed that Leap Day did not turn out so well for stocks.  I lost 2.14% off my 401(k) and Roth IRA portfolios and had to revise my February results downward a tad.  As a result my investments were nearly flat for the month and I have have now adjusted my net worth downward by about $350. Oops.

Now, what is important is that this little hiccup doesn't really bother me.  Other than for record keeping purposes I try not to even follow the day-to-day movements of the market.  I turn 25 later this month so my retirement is still decades away.  That long time horizon means that this 2% drop is nothing but an opportunity to buy more stock "on sale."  I don't know where the market will be tomorrow, next week, or next year, but I do know it will be higher - much higher - in 40 years.  That is all that matters.

Lets all close our eyes, cross our fingers, put saving on autopilot, and check in once a year to rebalance.  Our future selves will thank us for our good habits and resolve.