Minimizing volatility is important to investment managers focused on capital preservation. After all, lower volatility helps protect capital and improve the key portfolio performance metric, the Sharpe Ratio, which is equal to the average annualized return divided by annualized volatility. An acceptable Sharpe Ratio for a portfolio starts in the 1.8 range.
If there is something you have always wanted to do, and you're lucky enough to find the opportune moment, you shouldn't hold yourself back. If you lose your job, for example, and decide to start your own company, you shouldn't stop yourself by saying you can't do it, because you actually can. So, why not take the plunge?