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No. of Recommendations: 3
yet I read in other places that I am young and should go High Risk

Double-check what those areas mean by "High Risk."

The sites I read that talk of young people being able to take on more risk usually are referring to 80% to 100% equities (e.g., stock funds), as contrasted against less risky portfolios of 40% to 60% equities. And the equities suggested by those sites are broadly diversified funds, such as a "core fund" of large cap blend (the S&P500 Index funds and the Russell 3000 Index funds fit this category) and some spicing of other funds if desired, or they talk of asset allocation among large caps (majority), mid-caps (sometimes), small caps, and international, as well as some bond exposure.

Yet, a number of younger people read "more risk" to mean risky, such as sector plays or greatly overweighted in small caps. It's one thing to have time to recover from mistakes after taking prudent risks, it is another to go out of one's way to take imprudent risks.
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