Thus the “”.
But that is actually what you may read on FIRE-blogs and forums and I am sure a lot of people feel. Because one may have excluded such things as buying expensive funds on a 3a insurance contract, using expensive Swiss broker, robo advisors, and on the other hand has set up their IBKR account, knows how a US ETF is tax efficient and has mastery in tax declarations, DA-1 and what-not, is self served, watched a lot of Ben Felix, read a lot of forum, “knows” that going passive on full equity is the path to success -until they think it’s not anymore, see above-, and feel strong among people not knowing how to buy a stock or what an ETF is.
Now they’re millionnaire and they’re facing questions about how to manage the stash, risks, volatility, cash-flow, withdrawal, uncertainty, new world order, … maybe they should not diversify but when they do, I am not sure we’re discussing the road ahead, and how it is a HUGE difference with accumulating on a single ETF during a bull market…