I feel like the past decade has given investors a false sense of confidence about their stomach for risk. Especially young investors who enter the market AFTER 2008. On top of that, the extremely risky options available on platforms like robinhood make investing in 100% stocks look like a risk-averse choice.
Sure, if you're 22 100% VTSAX is reasonable. But I feel like this approach is too common given the risk involved. Staying the course with an asset allocation you can stomach is more important than potential for gains