Investing term

What is Life event?

A real-life change (job change, marriage, child, medical, large planned spend) that legitimately justifies revisiting the plan.

A life event is a genuine personal change — a new job, marriage, a child, a health issue, a large planned purchase — that legitimately warrants revisiting your investment plan. It's the rare valid reason to change course, as opposed to market noise. Anchoring portfolio changes to real life events, not headlines, keeps your plan tied to your actual circumstances.

For example

Having a child and needing money for their future is a life event worth adjusting your plan for — a scary news week is not.

Life event is taught hands-on in Stage 20 — The Investor's Playbook.

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Related terms

Abandonment triggerThe specific scenarios in which you would actually break your written plan — surfaced and named in advance so you can defend against them.Buy ruleA pre-written condition that has to be true before you allocate new capital — to a sleeve, a position, or the market in general.Do-nothing ruleAn explicit commitment to NOT trade in response to specific common triggers (single headlines, short-term volatility, peer envy).Investment Policy Statement (IPS)A written one-page document stating your time horizon, target allocation, position limits, rebalancing rule, and crash behaviour.
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