Using more than one index per table is dangerous?

Question

In a former company I worked at, the rule of thumb was that a table should have no more than one index (allowing the odd exception, and certain parent-tables holding references

Answer 1

Unless you like very slow reads, you should have indexes. Don't go overboard, but don't be afraid of being liberal about them either. EVERY FK should be indexed. You're going to do a look up each of these columns on inserts to other tables to make sure the references are set. The index helps. As well as the fact that indexed columns are used often in joins and selects.

We have some tables that are inserted into rarely, with millions of records. Some of these tables are also quite wide. It's not uncommon for these tables to have 15+ indexes. Other tables with heavy inserting and low reads we might only have a handful of indexes- but one index per table is crazy.