My LBS actually gave me heck when they saw the valve caps were missing frome my presta valves - they told me the caps protect the valve stem especially on prestas which are so small and dainty - unlike me. So I leave the valve caps on, I just make sure I don't tighten them down too hard (think She-Ra Princess of Power when I tighten down things! LOL).
Life should NOT be a journey to the grave with the intention of arriving safely in an attractive and well preserved body, but rather to skid in sideways, champagne in one hand, strawberries in the other, body thoroughly used up, totally worn out and screaming: "Yeah Baby! What a Ride!"