> A single stock market crash or economic crisis may not matter over the long term, but I'm sure you're not suggesting there will be only one such occasion: it

> A single stock market crash or economic crisis may not matter over the long term, but I'm sure you're not suggesting there will be only one such occasion: it seems more likely that there will be several, which may or may not be timed in my favour. Certainly, there should be several cycles expected in the economy and stock market every decade, but this is not entirely negative. 1) You are not investing all at once. Instead, you are dollar cost averaging - each paycheck, some of you money goes into the market, at either a high, or a low. 2) You are not divesting all at once. While taxable accounts have minimum distributions, no tax accountant is going to suggest that you take out all of your money at once. If you have 'enough' 1-3 years of divesting in a down market will leave you with a principle that will restore in a 1-3 year up market. ===== Other Note ====== > Whereas, people who remain in traditional jobs have some danger of being obsoleted You are going to be in much more risk of obsolescence if you don't improve your skills as an entrepreneur than if you don't at a traditional job.