I couldn't find above info on 50/50 equity portfolio - sorry - do you have a sub-link on that site ?
It has been a while since I have been to Les's board and I was not able to find the particular message I had in mind, but I found a few topics on the subject.
The 5 year claim is now 6 years.
Les does not like bonds at all, by the way. He is focused on how to deal with inflation. With volatility comes reward. It comes down to ones tolerance for risk (volatility) and how long can one stand a downdraft and when do you need the money? Equities are not good for short-term savings (say under 10 years). I found this out all by myself!
There is no way I can verify Les's points. I am giving them a try, however. They have been working pretty good. (Too good? I am worried that I might not be diversified enough. Everything is going up together. What am I doing wrong?