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Author: ptheland Big gold star, 5000 posts Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 124931  
Subject: Re: Dividend Reinvestment - A Tax Nightmare? Date: 7/7/2008 11:30 AM
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It copies whole directory trees between different drives, but will only copy changed files to the target

I specifically decided against that kind of backup. The issue is that you have only one backup. That works great for a hardware failure. You want to get back to the most current copy of your data as quickly as possible.

But what about user errors? What if you accidentally overwrite your DRIP spreadsheet that has 10 years worth of data in it, with something else - like your kid's homework. You may not notice that mistake until your backup copy has been overwritten with the homework as well. Now where are you?

With the cost of hard drives as low as they are currently, I can't justify cutting that corner. And as far as time is concerned, it starts in the middle of the night and is done before anyone is in the office in the morning. That's all I care about.

Just FYI - that backup takes about 2 hours now. It starts at 1 am and is done about 3 am.

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