I do see that most witnesses want it pegged to $1 for whatever reason so I just feel like having too much SBD around in my wallet might be risky

There are enough Witnesses - including me - who don't want that. In the end - the market decides how high the price should be. And a peg like the current one before the big push - can always be broken; as we've seen.

Plus we get sbd payouts from selling votes to smartsteem so I know I always have those coming lol

Yes, that's smart ;)

In the end, everyone is at different points and has different amounts of SBD