<< Pixy wrote.......One Fool's opinion FWIW: One year in a money market checking account. Two years' worth in a CD, short-term bond fund, or treasuries. Two years' worth in mid-term (5-8 year) bonds or T-Notes....>>

Why so much, 4 yrs worth, in Bond type investments? My first thought was so one could "ride out" bad years. But if I am using the Fool Four approach I would be liquidating some every year. Couldn't I just take my next years needs out of the proceeds?

I am very new to this and maybe I missed something.

Thanks

JoeW