I'm not trying to be to mean when I say this but this is advice to be scared. Risk is something we all manage in our daily lives, We know the risk of inflation,

I'm not trying to be to mean when I say this but this is advice to be scared. Risk is something we all manage in our daily lives, We know the risk of inflation, yeah so we also know that just building a savings barely keeps you afloat from you throwing away %1-4 of your savings every year due to inflation. where I live (Canada) my basic savings accounts only have %1.85 interest. Yeah there's risk in investing too, we all know that as well, but what level of risk is it that you should really afraid of? should I be afraid of investing in 3M, coca cola or how about a brand-new psychedelics/cannabis stock? Yeah probably for the latter, but you can even manage risk associated to that. One risk we all don't like to think about is that our employers will let us go and we'll be out on the streets. My point is, you can know your risks, understand and manage them. Watch your assets column so that something you think is an asset doesn't turn into a liability(something that doesn't generate profit), you want to be able to rely on a lot of factors for wealth generation because a wide array or complex risk can actually be better than single points of failure like trusting you will have / be able to find a job, that that crypto you put your life savings in won't be rug pulled, that the stock market won't crash. Last piece of advice is to know what you can live on, if I lost my job today, what would be left in my assets column and how long a run way would I have if I could rely on my saving and the rest of my assets.