Why is net worth important for buy and hold investors? Or is it?

[Eric Chase]

I keep hearing that net worth is very important. My particular strategy is to acquire buy and hold cash-flowing properties with at least some appreciation potential. As such, I'm not clear why the specific number of my net worth represents anything but bragging rights. Is this simply for future selling purposes/exit strategies? Why should I care about this particular number? Or should I? What does my net worth allow me to do? Can someone help me see what I'm missing?

Thanks as always! Cheers!

Eric