No. of Recommendations: 1

First, before anything else, you can do whatever you like.

"We've changed banking A LOT since 1929. I should have included "post depression" in my post. Post depression recessionary periods aren't 20-year slogs. You had to go back almost 90 years....

In the 2009 crash it took me just 3 years to recover everything I "lost" during that time-frame, and I didn't actually lose anything because I wasn't dumb enough to sell equities, which is the point."

Which is fine while you are in the accumulation phase, but what if you would have needed to sell equities to cover expenses for retirement in 2010. 2011 and 2012? Life can be different when your savings are funding your retirement and you are outside the accumulation phased and more concerned about decumlating (or diminishing) your assets.

Regards, JAFO
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