Only 60%? You are naive[/quote]
And your open ended time frame started over 3 years ago shows no balls.[/quote]
I don't know about that?
But I will say, declaring an open time frame for a 60% + drop to happen is worthless.
You might as well say, because a massive drop in the market is likely to happen in your life time, you should invest accordingly for the rest of your life. I would expect nothing less from a "Cash is King" advisor.