In 1997, I was 16, and my financial advisor was completely managing my retirement accounts while I focused on shorter time frames.  He bought Munder NetNet mutual fund which was basically NVDA, TSLA, AMZN of today.

I kid you not, I thought he was a genius until it lost 96.6% and was redeemed for cash. He kicked the snot out of me in a retirement timeline until he didn’t

There is a lesson in there. My parents didn’t want me trading all capital and it is my FA who blew up my account. While my own managed account did just fine.