If I had 1000, and lost 200 , it would hurt my feelings more than when I have 1m and lost 100k. -20% vs -10%.
If I had 1000, 200 loss is huge. ).
That being said, I only go by % now
Personally, I have so many Money market account that i don't even know exactly how much I have. Too many special offers from discount brokerages that I transfer funds (open new acct) to get all the perks.
Between wife and I , I think we got 4money market, 2 IRA (roll over), 1 ROTH, and she has 401(k) now at her workplace. eeeeeeeeeeeekkkkkkkkkkkkkkkk.
Of course 401(k) is so new that it has very little $ in it.
I am about to close 2mm acct, and open it with different company which has local brokerage support. Thinking fidelity or schwab.