How to Balance the Need, Willingness, and Ability to Take Risk

Here's a comment I found very compelling left on my post titled How to Balance Risk and Return in Your Portfolio Asset Allocation:

There is the need to take risk, the willingness to take risk, and ability to take risk. Woe to those whose need is greater than their willingness or ability. Woe also to those whose willingness is greater than their ability. Happy is he whose need is less then his willingness is less than his ability. Reduce your need and increase your ability.

Good thoughts in my book!