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How an investor ended up with a debt of $260,000 when the market fell
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A man who traded in silver ended up with a debt of $260,000 when he was forced to sell his holdings during a market downturn.
ST PHOTO: SAMUEL HE
We all hope for a silver lining in our financial dealings but one investor here lost a fortune when his dabbling in that precious metal crashed like a lead balloon.
He also got an unwelcome lesson in the risks of investing with borrowed funds because you can be forced to sell at a loss when the market turns.
