Some of the best investors I know don’t check the markets regularly.
Most of the time they don’t look because they don’t care. They’re not day traders. They’re long-term investors who are going to continue to invest regularly for the foreseeable future regardless of whether the market is up, down or sideways.
Because they’re not looking to sell any time soon, the prices don’t matter.
If you’re currently building your wealth and saving for retirement, you should treat stock prices like you do home prices.
You really don’t care what houses in your neighbourhood are going for unless you’re looking to sell. If you plan to live in the same spot for the next twenty years, on the other hand, you likely don’t pay much attention at all.
And that’s exactly how you should feel about your long-term investments in the market. You’re not looking to sell any time soon and you’re going to keep investing regularly either way, so the prices don’t matter.
Long-term investors know that over time things tend to head in the right direction and that there’s no good reason to stress over all the twists and turns along the way.