My penny's worth is that if you're in a cyclical/volatile industry or sector, two years is OK. If you're getting 2% real return, even better.
Remember, the two years people are talking about as a bear market or recession seems to be peak to trough. After that, you'd still be withdrawing from your portfolio when it's potentially down for another few years. Add in inflation and even longer.
Now I'm not suggesting a 10 year EF. But 2 years or even 3 seems fine.
Remember, the two years people are talking about as a bear market or recession seems to be peak to trough. After that, you'd still be withdrawing from your portfolio when it's potentially down for another few years. Add in inflation and even longer.
Now I'm not suggesting a 10 year EF. But 2 years or even 3 seems fine.
Statistics: Posted by Brod — Fri Jul 12, 2024 4:04 am — Replies 91 — Views 9690