great post and great advise. The only thing I would argue against is the point of diversification. Diversification is no hedge against any extrem/tail event like a 20 Sigma Event (e.g. Marketcrash -->Blow up). It is the allocation of the total investment volume (but you discribe it above in the right way) Bonds, Cash, Cryptos (stocks are prone to fat-tail events and we dont know how they are correlatet to the Stock market --> another elemente of uncertainty (not the same as risk). *so I just complained about the terminology not about the contend ^^