Like Dagon, I would like to see some argument for the smaller, lower volatility (risk) approach is preferred—particularly as you seem to imply this is what everyone should be doing.
I don’t see the argument that everyone can get rich slowly. I get that the suggested approach is great for some return while preserving existing capital/wealth. But that is really only useful to those that are already rich. 2% on $100,000,000 is not a bad income stream to live off ;-) That 2% on your $1000 you scraped together from spare change is not going to provide for your retirement.
I think clarifying just who the audience for the advise is would be really helpful.
Like Dagon, I would like to see some argument for the smaller, lower volatility (risk) approach is preferred—particularly as you seem to imply this is what everyone should be doing.
I don’t see the argument that everyone can get rich slowly. I get that the suggested approach is great for some return while preserving existing capital/wealth. But that is really only useful to those that are already rich. 2% on $100,000,000 is not a bad income stream to live off ;-) That 2% on your $1000 you scraped together from spare change is not going to provide for your retirement.
I think clarifying just who the audience for the advise is would be really helpful.
I think the audience is supposed to be self-selecting for this one.
Though on light of the author’s goals, such a post may be useful.
That’s supposed to be in the (prior) linked post.