Cooldown timers?

Using what? Mage skills:
MP Max, MP Recovery, 1 Bolt, 10 Armor, Maxed MG, and Maxed Claw.
There's no point in resetting anything, since I need both MP Max and MP Recovery still. Maybe if I ever reach Lv 200, I can reset MP Max back into Armor, but other than that, I don't see the point. And by the time I reach Lv 200, my Reset would have expired and deleted from inventory.

Also, I'd like to know:
If you accidentally put something like the point for Legendary Spirit or Mounting into Nub Haste, would it be stuck there forever?

Duh, claw. And how do you have 10 Armor? o_o