FYI: INVESTORS OFTEN think of their portfolio as conservative or aggressive. More conservative investors put a larger percentage of their portfolio in bonds, while aggressive investors favor stocks. But there’s a different meaning of the word conservative—what I think of as behavioral conservatism.
Conservatism means you lean toward the safe side. You favor things that are familiar, preferring them to the new and uncommon. The dictionary definition of conservatism is this: commitment to traditional values and ideas, with opposition to change or innovation.
Regards,
Ted
https://humbledollar.com/2019/02/too-familiar/
