>your skills with money management won't tell you where to spend money when its discretionary, and what level to set your discretionary shares at. Yes they wil

>your skills with money management won't tell you where to spend money when its discretionary, and what level to set your discretionary shares at. Yes they will? That's an aspect of money management. >There's no skill to say what is too much risk. That's a judgement call that everyone has to make for themselves. By even framing the decision in these terms, you're already displaying far more experience in money management than many people have had opportunity to acquire.