The Ultimate Hedge Against Future Uncertainty

By definition, our future is unknown. Even if you believe that free will is an illusion, and that our future choices have already been determined, we still don’t know what those choices will be.

How do we deal with this uncertainty? Before answering this question, let’s explore some different types of future uncertainty.

Although the financially savvy may be prepared to absorb unexpected expenses, they nonetheless present road bumps along the path toward a stable financial future.

Financial uncertainty

Illness and injury is not uncommon, especially as we age, and it can cause havoc to our future life plans.

Health uncertainty

As a wise man once said, problems are inevitable and temporary. Unfortunately, some problems are temporary because they end in death.

Life uncertainty

According to The Doomsday Clock—a metaphor to how close humanity is to global destruction—we are two and a half minutes until “midnight,” i.e. the end of the world. So never say never, and hope those are long minutes.

Existential uncertainty

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