The best sort of discussions are those where each is happy with the other's rewording of their position. I certainly do not reject setting financial goals decad

The best sort of discussions are those where each is happy with the other's rewording of their position. I certainly do not reject setting financial goals decades into the future. I do not like ('like' and 'reject' aren't synonyms) investment discipline that are strictly fixated on some goal I had in the past. I would rather have an adaptive trade off of risk to return depending on where I am right now financially. Some goal I had ten years ago may not be as relevant in my current state. I wouldn't want to let go of a favorable opportunity by pulling out the money, just because a goal that I had set in the past has been met. > How is that different than "If my goals change, I don't want to lose money."? … and I don't see at all how they are equivalent. I might be willing accept the possibility of losing some money if there is a notable increase in the possibility of meeting my updated goal. I doubt that we have any fundamental disagreement. You have a good day.