Just for grins and giggles, I check my WordPress stats a couple of times a day. When my stats go up a little, that makes me happy. When my stats go down a little, that makes me…well, I’m still happy. It’s no big deal. Anything is better than zero visitors, views, comments, and likes, right?
But there’s another set of stats I check daily. The Dow Jones Industrial Average (DJIA) on the New York Stock Exchange.
Like with my WordPress stats, when the DJIA goes up, that makes me happy. However, unlike WordPress stats, when the DJIA goes down, that makes me very, very unhappy. Because unlike WordPress stats, when the DJIA goes down, it has real world implications.
My retirement savings goal was to ensure that I ran out of years before I ran out of money. And I worked hard to make sure that when I retired, my wife I would have enough money to live comfortably for the rest of our years, with enough left over to pass whatever remained on to our children.
But since my retirement savings is mostly invested in the stock market, when stocks take a dive, so does the value of my retirement savings.
But don’t worry about me. I’m not panicking yet. After all, what goes down must go up. Or something like that.