Alex GR wrote: ↑Tue Nov 13, 2018 4:16 pm
My portfolio has gone down by $12000 over the past few days.
That is a valid way of looking at it.
But here are two other valid ways of looking at it:
(1) Think time instead of money:
Look at your exact portfolio value now.
Look back in time at your portfolio value vs time.
How many weeks/months/years ago was your portfolio value equal to what it is today? That way you focus not on how many dollars were lost but how many months were lost. It is a different perspective.
(2) How many dollars did you gain
on the last upswing? How many hours of work was that equivalent to?
I hope this is helpful for you and perhaps others.
 at regarding asset allocation, I like the idea of taking the amount of portfolio drop it would take to feel really bad, multiply that percentage by 2 and that is your ideal percent in stocks you should be. So if you're cool with a 50% drop then go 100% stocks. If you're only OK with a 20% drop, then go 40% stocks.
Just because you're paranoid doesn't mean they're NOT out to get you.