All of these situations are terrible, and no one wants to think about these events actually happening, but this is where the mindset shift comes into play. That car crashes, the runner is kidnapped, the plane goes down, the tuber drowns, and the walker gets hit by a car. Whether that's driving to work, running in the evening, flying in a plane, tubing on a lake, or simply walking down the street, something can happen. We often put ourselves in the arms of danger and don't think twice about it. All it takes is a second for something to happen and boom, that's the end. These ideas are designed to help Dad sit back, relax and enjoy his day Reviews and recommendations are unbiased and products are independently selected. I think that's why it works, because it challenges me to see the fragility of human life.ĭay to day, we live in situations that at any moment could end or altar our life. You might think the mindset I have is inspired by an uplifting message, but in all honesty, it's quite the opposite. I thought about what it really means to be "living" and what it means to wake up another day to get another chance. And do not go around tempting fate by having vices that can shorten life like smoking, drinking, gambling and even engaging in extramarital affairs.So what did I do? I dialed in. It would be better to just get health insurance or HMO plans for children after. I like to think of all that is beneath the cloud line as the big and small problems in our day-to-day lives, both professional and personal. Insuring their children against death is but an option. And just like with oxygen masks, parents need to insure themselves first. Insurance acts as your seat belt, life vest and oxygen mask all in one. And the most prudent way is to get companies to provide for your family just in case you encounter your own turbulence in life like accidents, damage to property, critical illness, disability and even death. That is why before embarking on your investment flight, you will need to protect your downside. There is no investment in the world that is fully guaranteed. In case of rapid loss of cabin pressure, oxygen masks will drop from the ceiling, and you are to put on your mask first before helping your children or the person next to you. statistics show that there was a 1 in 3.37 billion chance of dying in a commercial airline plane crash between 20), there is a life vest located under your seat that you can use. In the unlikely event of a water landing (i.e. You will have a separate entrance to and waiting lounge at the office of your investment manager on top of the access to better investment deals and critical market information, data and analyses.īefore taking off, airlines will announce that you must fasten your seatbelt at all times just in case there is air turbulence along the way. And if you have more to invest, you can be treated like a business or first-class investor with a lot of perks by opening investment management accounts with banks and standalone companies with trust licenses. mutual funds, unit investment trust funds, single-pay variable unit-linked insurance) who will pilot you through occasional turbulence and get you safely and comfortably to your desired financial destination. In investing, you can either do it yourself or entrust your hard-earned money to professional investment managers in pooled funds (e.g. That is why it is much less stressful to just book a commercial flight where, if you pay up for your seat, you can even be treated like royalty. at least you would not dare to even when in autopilot). However, on top of being very expensive, you would not be able to watch any in-flight movie, doze off, be served a meal, or even go to the lavatory (i.e. It is not impossible for you to charter or even buy your own plane and fly it yourself to get to your desired destination.
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