This is not the day and age for lazy investors. If you're even remotely on top of it every day, you won't have to worry nearly as much as the lazy investors. High volume of small, safe trades beats sporadic big plays and involves far less losses. There is bit of an art and science to diversifying. Honestly, no one tells you... here is what you do with 10 grand, then, when you get 100 grand, here's what you do... then, when you get a million, 5 million, ten million, etc. Nobody blogs about that process; nobody writes it in books, but flexibility will always with the day. You do need to change up what you're doing at different milestones. Equities is a great place to move a daily wad around for a living wage, but you'll need stable assets to accumulate along the way. If you're actually worried about the sky falling, then you need the means of production. It doesn't really matter what. Soap. Lotions. Dehydrated fruits. Homeopathic ear drops. Moonshine. Make something. Brand it locally. Build a reputation. It's that simple. But yes... those big plays where you put your whole wad into one investment is insanity. The big plays don't come often enough to be able to outperform common sense, step by step, slow and steady growth. I promise. I do good at big plays, relative to most, but it's no way to live. It's not a path to success.