The financial advice I’ve read says not to follow your stocks hourly or daily. The important thing to remember about investing is the performance over the long-run.
During my high school summers, I worked for a real estate agent as a go-for. A lot of my going was actually just doing things around the office. This agent was dating someone in the office and he also spent a lot of time in her office. Nothing tawdry ever happened. He just spent a lot of time on her computer checking his stocks. He followed their every minute fluctuation. Up a point, he was rolling in it. Down half a point, he was losing his shirt. Or so you’d think from his dances of joy and pouting slumps. And he’d trade accordingly.
I didn’t and don’t know anything about his finances, but I’m pretty sure he didn’t make millions by his strategy.
I always thought he was a little nuts, but right now, I’m feeling a bit like him. The only difference: instead of the DOW, I’m looking at MWO — my word count.
I’m editing Julia. Scratching some scenes completely and expanding other. Every few changes, I’ll look down at my word count (how evil that it’s right there at the bottom of my Word doc…and it’s magnetic, too). When the number goes up, I feel ridiculously giddy. When I cut a scene, I’m crushed to see the count go down (although, really, what did I think ‘delete’ was going to do?).
I know I need to look at the big picture and look at my word count performance over the long-term. It’s easier said than done.