To prepare for the next economic ‘rainy day,’ here’s a strategy that’s proven to weather good times or bad.
By George Casey | Builder
After the recent hurricanes that have hit Texas, Florida, Puerto Rico, and the Caribbean islands, I have been thinking a lot about diversification and insurance.
We do a lot of things that aren’t convenient or fun in the short-term, but that help us in the long run. Exercise, dental checkups, flood insurance, and life insurance are among many examples of “preventive” investments we make to help ward off bigger (and costlier) problems later.