Welcome to Money for the Rest of Us. This is a personal financial on money. How it

works, how to invest it, and how to live without worrying about it. I'm your host

David Stein, today is episode 442. It's titled Crisis Proof Investing.

Strategies for a shaky future. I recently received a question from a member of

Money for the Restless Plus, our premium membership community. He is looking

ahead 40 years and trying to figure out how to invest. In an era where on one

side there's the potential catastrophic impact of climate change and on the

other the potential catastrophic impact of a consumption disaster from attempts

to cut carbon emissions either through regulation or through personal choice.

This member owns his primary residence. He's based in Canada. He's in his early

40s. High net worth individual. As a sizable whole life insurance policy his

own business and a large stock portfolio. 40 years is a long time. 40 years to

now is the year 2063. I'll probably be dead. I hope not. My kids will hopefully

still be alive. One of the early renditions of money for the rest of us that I

launched in 2012 was called the next 40 years. It was a website about a 40-year

time horizon and figuring out how to invest and save her retirement over that

time period. The website lasted about two months and I shut it down. 40 years

ago I was in high school. One of my teachers who was well ahead of her time

decided she wanted to have a class to discuss the future. She invited 10

students to participate in this semester-long class. I agreed to attend and we

spent a number of months discussing Alvin Toffler's book The Third Wave. This

was a book over 400 pages long published in 1980 and it was about the future.

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