My mutual funds are now down 4%, 8%, 10% and 14%. As a 25 year old long term investor, should I be concerned, or should I look at the situation positively by acknowledging that as dividends get reinvested at these lower levels it will pay off in big ways 3, 5, 10 years down the road... My funds are FBALX (Fidelity Balanced), FAIRX (Fairholme) , LLPFX (Longleaf Partners), and BPTRX (Barons Partners).

Thanks for your thoughts/reassurances...