Financial Fundamentals: Insurance You Need And Don't Need
539 views · Published 7 October 2015 · 37:31 · Indexed 8 November 2026
Channel: Real Life Trading · 2015 · Education
This is the 5th video of the Financial Fundamental Series and focuses on Insurance. Many people waste money on insurance they do not need while exposing themselves to risk by not having the insurance they do need or not enough of it. In short, insurance should be used to protect against financially catastrophic events; if an event would not be financially catastrophic (like a broken cell phone), then you should not get the insurance. Watch the video for a thorough explanation as to why this is as well as other insurance facts and tips. For more videos like this, go to www.RealLifeTrading.com