No. of Recommendations: 2
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. I was back where I started by 2012. Then upward since then.

But if you want to be all-bonds, inflation and low returns will murder you faster than a recessions will.
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