Jan 19 2025 18 mins 1
The unexpected is not limited to financial markets. Life is full of surprises, ranging from mildly annoying mistakes or mishaps to life-altering crises. While we can’t predict all of our life’s twists and turns, we can be proactive to shield ourselves from major fallout. This protective buffer is better known as a margin of safety. It’s a concept often talked about as it relates to investing, but margin of safety can be applied throughout our lives as a cushion to protect our well-being and quality of life.
In this episode, I’m sharing what a margin of safety is, why it’s essential, how to create it across different areas, not just investing, and common mistakes to avoid.
https://milmo.co/podcast/protect-your-family-with-a-margin-of-safety
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