My checking account (and the checking account of the majority of Americans) isn’t measured in intervals anywhere close to 10 years. The reason perfectly ration

My checking account (and the checking account of the majority of Americans) isn’t measured in intervals anywhere close to 10 years. The reason perfectly rational people like having a cushion in their checking account is that rent payments don’t care about 10 year historic trends; they’re just due when they’re due. I’m sure there’s a decent collection of people here with enough disposal income that the idea of just having all their capital invested sounds lovely. But we’re inside a bubble here.