I got up the nerve to take the pulse of my 401(k) statement for the first time since last December.I was both shocked and relieved at the same time.
Before December, I had not looked at it since last Summer. That's when things started to tumble south, and I thought, "why bother? I'm not retiring this year anyway, and it will only stress me out."
Because I was hoping to re-finance my home, I had to get documents together, including that statement, which meant I had to look at it. OUCH! In December, it had plummeted nearly 50%.
That day I reacted by cutting my own hair for the first time. I actually did a pretty good job, which gave me hope that my financial situation would also recover.
Today, when I looked at the statement, I saw it had recovered by nearly 20%.
WHEW.
I don't know if I'll look at it again for awhile though.
Don't want to jinx it.
