When people talk about risk many quickly point to cryptocurrency and forex as the biggest risks anyone can take. However this mid-year August 2025 was a real eye opener. For example my wife invested a lot of time and money in beans this year but when the market crashed the losses were heavy. This shows that even physical investments can be just as risky if not more depending on the circumstances.
The involvement of money in any human endeavor is inherently risky, but how can one minimize that risk?
The financial market may be the most potential place for both making and losing money, as we can see many people doing just that.
If not handled carefully, many people will lose even more money here.
The principle is simple: the risk is proportional to the activity the person undertakes, as long as they understand the process of whatever journey they're undertaking.
Most people fail and lose more money because they lack the ability to handle the situations they invest in, perhaps because they don't come with proper knowledge.