When did you stop tracking your returns?

[Milu]

Likely a question for some of the wealthier folk on the board but I’m curious if you tracked your returns and CAGR etc during the earlier part of your wealth building but then when wealth got to a certain size it kind of became pointless. Obviously that number would be different for everybody depending on where they live and their lifestyle but if you are a good investor over time you will eventually get to a point where your net worth is large and whether you end up getting 5%, 10% or 20% return on that it mostly becomes meaningless. Do you still like to track it to compare yourself to others or see if you still got it, or do you now just check your net worth every now and then, and as long as it’s not dropping all is good. Maybe some people never tracked their returns, nothing wrong with that either. For me I track things quite diligently but sometimes wonder should I bother. 

[yesman182]

I track my net worth and my spending. I spend <50% of what I earn and invest the rest in real estate and investments, I have done this for several decades. I personally don't see the point in knowing the exact percentage of my investment gains year. I am unsure how I would use that information, if I didn't beat the S&P for several years, should I just move it all to an index? If I consistently beat the index or should I add leverage? I don't have interest in being fully invested in index and I don't want leverage. 

[73 Reds]

46 minutes ago, Milu said:

Likely a question for some of the wealthier folk on the board but I’m curious if you tracked your returns and CAGR etc during the earlier part of your wealth building but then when wealth got to a certain size it kind of became pointless. Obviously that number would be different for everybody depending on where they live and their lifestyle but if you are a good investor over time you will eventually get to a point where your net worth is large and whether you end up getting 5%, 10% or 20% return on that it mostly becomes meaningless. Do you still like to track it to compare yourself to others or see if you still got it, or do you now just check your net worth every now and then, and as long as it’s not dropping all is good. Maybe some people never tracked their returns, nothing wrong with that either. For me I track things quite diligently but sometimes wonder should I bother. 

Yes, when I was younger.  As I grew older periodic returns became less meaningful.  Today, most of my assets are privately held so there would be little to no point in even trying.