Dear Frizo,

Thanks for your post!

You point is an interesting one for debate. In fact, a very similar question was posed several weeks back, and I would encourage you to look at my response to it, since much of it is relevant:

https://www.beatthegmat.com/general-ques ... html#86267

Of course, the added wrinkle you've added is 1 year vs. 2; and this is certainly a valid point. Having said that, I suspect that one's personal timing (in terms of their career progress) may still outweigh market speculation to a large extent. In any event, this is all excellent food for thought - so thanks for raising the issue for those in the forum.

Best of luck,

Graham