Young & Savvy

Reduce risks of incurring large investment losses

Picking a golden cash cow may be a tall order but there are simple ways to limit one's losses

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The first time I invested a four-digit sum was in mid-2019, a year after I started working full-time.

I had read online about the cryptocurrency token XRP and was hoodwinked by numerous comments vouching that it was "heading to the moon".

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A version of this article appeared in the print edition of The Sunday Times on May 22, 2022, with the headline Reduce risks of incurring large investment losses. Subscribe