If you have $10k to invest, you can afford to take a lot of risks on this money (investing risks, not gambling). It's easy to replace this sum in a short time frame so aiming for a higher risk higher return portfolio is very sensible. If you have $1m to invest, you should definitely be more cautious as it will take you a long time to even replace 20% of it.
tl; dr your salary and overall portfolio size have quite a big impact on the risks you can take and hence one size does not fit all, even for lazy couch potato indexers!
Submitted March 26, 2017 at 12:31PM by Cyrilix http://ift.tt/2mEkqTx