I am now 20% ahead of where I was in 2000 and that doesn't count the money I've added. The only psychological effect is that I'm pushing up my retirement by 5 years.
Making money in the market is really easy, but you have to do something really hard. You have to buy when you think things cant get worse and you have to sell when things "feel" great.
It's certainly psychological for me! Ever since 9/11 I've been looking for the DOW to reach it's former level. What happy news! Yeeeehaw!
AND
It closed above 11,000 today as well! Not toooo shabby. Must be Dubyanomics. . .
I wish I could push up my retirement up a bit. Oh Well. I guess I can wait just 14 more months; target is end of March '07.
Old and getting older, but a little wiser
gpapa