[Alberta's Child]

Fair enough. All I’m posting is an opinion based upon my own observations over the years. It’s not gospel but I have a question - are you one of those able to invest and take a loss with little consequence?

I'm not sure what you mean by this. When I invest, I don't use money that I need for other purposes. Anything I'm investing for short-term needs is put into safer investments, and I'm willing to take more risks on long-term investments where I can absorb losses.

It sounds like the folks you've observed were trying to earn a living through their investing, or were investing money that they had no business investing. How does someone lose a home due to failed investments, for example?

[jsanders2001]

> It sounds like the folks you’ve observed were trying to earn a living through their investing, or were investing money that they had no business investing. How does someone lose a home due to failed investments, for example?

Refinancing for more than the remaining balance to get cash in hand and having a marriage go down the drain due to the “addiction” all at the same time. Bad decisions after bad decisions.