Question about time horizon

[I like money]

Would like to clarify something.

Is there anything wrong with investing in a higher risk/return fund for a relatively short period if you don't mind taking the losses?

For example, you invest 10k in an index fund thinking you can expect something like 10-15%, and you don't intend on touching this money for the next 10+ years. If after a year something comes up and you need this money, is it reasonable, if you lose 25% or so to say "oh well, atleast I got my money in with the best of it..."? I think this is ok if you can accept losing 30-40% or whatever depending on the risk/return profile of the fund. Does this sound right?

[eastbay]

What do you mean by "need"?

I wouldn't invest money I am likely to need the same way I wouldn't use money I need in a bankroll, because it might not be there when the bills come due, even if I am +EV.

eastbay

[Sniper]

Yes, some people think this way...