Wealth, Freedom & Options With Joshua Belanger

Nicole and I were watching the news last night. They reported that a 74-year-old doctor died after he was hit by an SUV while out for his morning jog. The driver supposedly lost control of the SUV, rolled over and landed on its roof instantly killing him. What happened to this individual is very sad and unfortunate news. However, are you going to avoid jogging now? Likely not! While you know that being struck by a vehicle could happen; you also know that this isn't an ordinary event. I did a quick search on what the odds are dying from running or jogging are. 1 in 1 million. We take risks all day and every day. Most of the daily risks are not thought about because you've done it so often. Before the doctor went on for his daily morning jog, I don't believe he asked himself, is today the day? That is known as an outlier event. Just like in the market, there are tail risks in everyday life. However, we don't lock ourselves inside and refuse to live because of the possibility of one of these outlie