Have you ever put your hard-earned money in an investment that resulted in a partial loss or total failure?
Early in our marriage, Judy and I invested a large sum of money in a venture that we were sure to make a great return. Many of our friends were also convinced this was a money-maker, so literally hundreds of thousands of dollars were invested from people in the Grand Rapids area. All of us were excited about how this new opportunity could make life economically easier.
Then the bombshell exploded and the company went bankrupt, leaving each investor with nothing but a piece of paper with an empty promise.