The wealthiest people are wealthy because they always took big risks that kept paying off.

Like taking the risk of having rich parents…

We can both have our shit completely fucked overnight thru no fault of our own

Regardless of how much you’re investing, you need to take risk into account and diversify to mitigate it. The people I know who got into trouble when the market tanked had a risk appetite that exceeded their means. High-risk, high-reward investments are a bad choice when your financial stability is put at risk when they don’t pay off. Don’t gamble what you can’t afford to lose.