How to Recover for a Bad Investment

Investing is a great way to grow your wealth and achieve your financial goals. However, it is not an exact science and sometimes, even the most seasoned investors make bad investments. Because you invest in order to earn a return, if an asset fails to make you any money, or worse still, it makes you a loss, it is fair to call it a bad investment. (image credit: Dreamstime.com)

Luckily, losses are not irrecoverable and they definitely should not deter you from investing ever again. With some help, you can recoup the losses from prior investments and earn a good return. Obviously, how bad an investment is depends on the specific situation, but there are a few general things you can do to help you recover from one, which we explore with Victor Marangu, the Head of Sales and Marketing at Standard Investment Bank, below:

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