Hi Galen, I liked how you raised the issue of risk and loss. Not only is there a risk in betting on the stock market, as in your example. Choosing the people we are close to is also a risk that can bring rewards or losses, and not necessarily economic ones.
A couple of months ago I decided to “lose” an investment that I shared with another person. I think I came out a winner, although in economic terms I lost out. Nothing irreparable and I have gained peace of mind.
Best regards.