I’m not sure what you mean here. Do you think there should be some sort of limit on aggressive investment? Do you think I should be forced to put more of my 401(k) into bonds? I had a friend in college who spent his summers playing Black Jack in Tahoe with investor (i.e. other people’s) money. That risk may be unacceptable to some, but to his investors it was. If the investor can’t determine the level of risk, who should?