4min chapter

Maven Money Personal Finance Podcast cover image

275 - Megasode - The Greatest Hits

Maven Money Personal Finance Podcast

CHAPTER

Is Income Protection Right for You?

Every year, the market intra-year decline or from a high point to a low point is minus 14%. Every three to five years, it will generally be double this. If you don't have the correct insurance and you're not insured against bad surprises, your financial plan is built on sand and not strong foundations. The best time to invest was 30 years ago. The second best time is today. You invest a day so your grandkids can dance,. Warren Buffett, someone sitting in the shade today because someone planted a tree a long time ago. That again is the power of compounding.

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