How do you define the word “conservative?”
What about “aggressive?”
These are words that get tossed around a lot in my line of work, but I think they can hold very different meanings for different people.
In fact, it reminds me of this line from The Princess Bride.
For example, you might think of “conservative” as having minimal exposure to the stock market and owning mostly CD’s at the bank.
Someone else might think of “conservative” and have more (or most) of their investments in a low cost, diversified total stock market portfolio because that results in the highest comfort and confidence in achieving their personal lifestyle goals.