Very thought provoking indeed. You talked about levels of risks with money.
There can be a deadlier step namely - giving away entire wealth in charity.
General perception of people the world over about Indians is - poor people. But you will wonder to hear from me a single truth - people of big status like owner of Diamond mine in Africa - giving away entire wealth in charity and start walking on streets all naked. Such a backed man is termed as DIGAMBER (meaning directions serving as cladding) and revered.
One can even find extreme pleasure in thus parting with all that was possessed.