Sabatier and people like him invest a high percentage of their income. Even those who aren't highly compensated tech people shovel in as much as possible.Here's what Jordan Sowhangar, a certified financial planner at Girard, an investment manager in Souderton, Pennsylvania, tells clients when she begins working with them. "We say, 'This money will absolutely fluctuate. There are going to be statements you are not happy with.
You are not the only one. No one likes seeing they suddenly have less money. Sowhangar says it's critical to look at what happened in the market to cause a drop. It could be short-term or long-term volatility, but to keep people from losing their minds, she helps them refocus on their long-term goals.
Yet Trinh didn't let that stop her from her goal — reaching financial independence by age 40 — or her strategy — aggressively investing in her 401. Once she had a full-time job, half her salary went to retirement savings. Trinh consistently invested throughout the recession. The compounding effect of buying at especially low prices means her account value is now worth a couple of hundred thousand dollars.Ignore the news cycle and take a 30,000-foot perspective rather than the individual days and momentary drops.