By Darren Robinson,
Special to the Financial Independence Hub
It’s only natural for families to pursue investment opportunities to help pay for costs such as home ownership, health care, food, transportation, entertainment and countless other things. But sometimes investments can fail and lead to heavy losses that can force a family to tap into credit more often to meet monthly financial obligations. Here is a guide for dealing with extreme financial challenges.
Risky Investments
There are many ways to invest money, but some investments are safer than others. Although the stock market can be one of the quickest paths to wealth, it can also be a quick path to asset depletion. If you buy a heavy volume of any given financial instrument, it can wipe out an investment rapidly if the security moves the wrong way.