Healthy Diet for a Healthy Life | Consumers Reports

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Eating a healthy diet can fix several common health concerns as you age like energy level, mood and balance.

A healthy diet is key to the healthy aging of your body and mind, according to Consumer Reports on Health. Additionally, it can help you ward off chronic diseases such as hearth disease, high blood pressure and type 2 diabetes.

Improving energy levels and mood

A healthy diet can help remedy numerous conditions (many of which become more common with age)—such as your balance and mood.

When the weather turns cold and days get shorter, we often turn to comfort foods which tend to be made mostly of refined carbohydrates, sugar, and fat. That combination may leave us feeling physically tired and emotionally cranky.

“When you eat simple, refined carbs, you get a quick increase of energy for about 20 or 30 minutes, and then a quick decrease,” says Lauri Wright, PhD, associate professor of nutrition at the University of North Florida in Jacksonville. “Those spikes and dips in energy are also bad for your mood because when your energy comes crashing down, your mood can crash too.”

Whole grains, such as brown rice and quinoa, work in the opposite way. “They release energy gradually and then gradually decrease over the course of 3 to 4 hours,” Wright says.

Getting adequate vitamin D may also be helpful for boosting your mood. Older adults may be prone to a defi­ciency, in part because the ability to produce D from sunlight declines with age. A 2018 study of almost 4,000 adults 50 and older in Ireland found that those with vitamin D deficiency (defined in this study as blood levels lower than 30 nanomoles per liter) were more likely to develop depression.

Improving balance

Your balance tends to get worse as you age, but one common cause is sarcopenia (age-related muscle loss). You can help your muscles stay strong by getting enough protein.

“The proteins in your muscles are constantly being broken down,” says Roger Fielding, PhD, associate director of the Jean Mayer USDA Human Nutrition Research Center on Aging at Tufts University in Boston. “If you aren’t consuming enough protein in your diet, the breakdown exceeds synthesis and you have a loss of muscle mass.” And without strong muscles to support your joints, your balance may suffer, leaving you at greater risk of falling.

On average, older adults should aim for at least 0.6 gram of protein per pound of body weight per day—about 90 grams for someone who weighs 150 pounds. Make sure to spread it evenly among meals. “It’s important to deliver protein to your muscles throughout the day,” Fielding says. And be sure to get a mix of animal (lean meats, fish, dairy) and plant (beans, nuts, soy) sources.

Plant foods also contain antioxidants and polyphenols that can help reduce inflammation. “Increases in inflammatory compounds can have potent effects on muscle loss,” Fielding says. In one study in The Journal of Nutrition, older men and women with adequate blood levels of antioxidant vitamin C had an average of 1.6 percent and 3.4 percent greater muscle mass, respectively, than those with lower levels.

Healthy eating

Eating lots of high-quality plant foods and eating low amounts of animal-based foods, refined grains, added sugars, processed foods and ­unhealthy fats is good for your heart health. A plant-based diet can improve cholesterol and lower blood pressure. It also helps to protect against oxidative damage and to reduce inflammation.

Research has linked ultra processed foods to a higher risk for obesity, heart disease, and cancer. Some processing is relatively benign and even enhances healthy properties. But generally speaking, the farther your food gets from its original “whole” version, the more process and less good it becomes for you.

Healthy eating plan

What matters most is following a healthy eating plan. In one 2018 study involv­ing more than 81,000 women, those whose diets most closely matched one of three heart-healthy eating patterns—alternate Mediterranean, Dietary Approaches to Stop Hypertension (DASH), and 2010 Alter­native Healthy Eating Index—had a lower risk of developing chronic diseases over the 22-year study period.

To make it simple, at each meal fill half your plate with fruits and veggies (but limit starchy ones, such as potatoes). The other half should be made up of whole grains and plant-based protein, such as tofu, lentils, or nuts, most days, with modest amounts of fish, lean meat, and poultry less often.

References:

  1. https://www.consumerreports.org/healthy-eating/anti-aging-diet-moves/?EXTKEY=YSOCIAL_FB&fbclid=IwAR0LIDLQ73gonTqiiBcqMigeysuA1otE9VwXMvvrysCDHoJuIyelJuky0e4
  2. https://www.consumerreports.org/nutrition-healthy-eating/what-is-a-processed-food/
  3. https://www.consumerreports.org/packaged-processed-foods/processed-foods-are-bad-for-weight-loss/
  4. https://pubmed.ncbi.nlm.nih.gov/29071481/

Asset Allocation

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Asset allocation is one of the most important factors in your success as a long-term investor according to many financial experts. It’s a hundred times more important than any stock pick and more important than knowing the next hot country to invest in… what option to buy… what the housing market is doing… or whether the economy is booming or busting.

Asset allocation is how you balance your wealth among stocks, bonds, cash, real estate, commodities, and precious metals in your portfolio. This mix is the most important factor in your retirement investing success.

Ignorance of this topic has ruined more investment and retirement portfolios than any other financial factor. Many investors have no clue on what a sensible asset allocation should be. So they end up taking huge risks by sticking big chunks of their portfolios into just one or two investment assets.

For example, people who had most of her wealth in real estate investments in 2008 experienced significant losses when the market busted in 2009. Or consider employees of big companies that put a huge portion of their net worth or retirement money into their company stock. Employees of big companies that went bankrupt, like Enron, WorldCom, Bear Stearns, and Lehman Brothers were totally wiped out. They believed in the companies they worked for, so they kept more than half of their retirement portfolios into company stock.

And it’s all because they didn’t know about proper asset allocation. Because of this ignorance, they lost everything. These examples demonstrate why asset allocation is so important because keeping your wealth stored in a good, diversified mix of assets is the key to avoiding catastrophic losses.

If you keep too much wealth – like 90% to 100% of it – in a handful of stocks and the stock market goes south, you’ll suffer badly. The same goes for any asset… gold, oil, bonds, real estate, or blue-chip stocks. Concentrating your retirement nest egg in just a few different asset classes is way too risky. Betting on just one horse or putting your eggs in a single asset basket is a fool’s game.

Spread your risk around.

A sensible asset mix should include five broad categories… cash, stocks, bonds, real estate, and precious metals. And, a favorite asset of all long-term investors should be cash. “Cash” simply means all the money you have in savings, checking accounts, certificates of deposit (CDs), and U.S. Treasury bills. Anything with less than one year to maturity should be considered cash.

It’s best to keep plenty of cash on hand so you can be ready to buy bargains in case of a market collapse. Investors flush with cash are often able to get assets on the cheap after a collapse – they can swoop in and pick things up with cash quickly, and often at great prices.

Generally, it’s recommended to hold between 10% and 15% of your assets in cash, depending on your circumstances. In fact, one of the major tenets of good financial planning is to always have at least 6 to 12 months of essential living expenses in cash in case of disaster. If you haven’t started saving yet, this is the No. 1 thing to start today.

Next, you have conventional equity stocks. These are investments in individual businesses, or investments in broad baskets of stocks, like mutual funds and exchange-traded funds (ETFs). Stocks are a proven long-term builder of wealth, so almost everyone should own some. But keep in mind, stocks are typically more volatile than most other assets.

Just like you should stay diversified overall with your assets, you should stay diversified in your stock portfolio. Once, a well-known TV money show host ask callers: “Are you diversified?” According to him, owning five stocks in different sectors makes you diversified. This is simply not true. It is a dangerous notion.

The famous economist Harry Markowitz modeled math, physics, and stock-picking to win a Nobel Prize for the work on diversification. The science showed you need around 12-18 stocks to be fully diversified.

Holding and following that many stocks might seem daunting – it’s really not. The problem is easily solved with a mutual fund that holds dozens of stocks, which of course makes you officially diversified.

Next you have fixed income securities, with are generally called “notes” or “bonds.” These are basically any instrument that pays out a regular stream of income over a fixed period of time. At the end, you also get your initial investment – which is called your “principal” – back.

Depending on your age and tolerance for risk, bonds sit somewhere between boring and a godsend. The promise of interest payments and an almost certain return of capital at a certain fixed rate for a long period of time always lets me sleep well at night.

Adding safe fixed-income bonds to your portfolio is a simple way to stabilize your investment returns over time. For people with enough capital, locking up extra money (more than 12 months of your expenses) in bonds is a simple way to generate more income than a savings account.

Another asset class is real estate. Everyone knows what this is, so we don’t need to spend much time covering this. If you can keep a portion of wealth in a paid-for home, and possibly some income-producing real estate like a rental property or a farm, it’s a great diversifier.

Precious metals, like gold and silver, an important piece of a sensible asset allocation

Precious metals, like gold and silver, are like insurance. Precious metals like gold and silver typically soar during times of economic turmoil, so it’s wise to own some “just in case.” Avoid the mindset of the standard owner of gold and silver, who almost always believes the world is headed for hell in a hand basket. You should remain an optimist, but also a realist and own insurance. Stay “hedged.”

For many years, the goal with hedging strategies was to protect wealth and profits from unforeseen events. Wealthy people almost always own plenty of hedges and insurance. They consider what could happen in worst-case scenarios and take steps to protect themselves. Poor people tend to live with “blinders” on.

So just like wearing a seat belt while driving or riding in a vehicle, it’s important to own silver and gold – just in case. For most people, most of the time, keeping around 3% to 5% of your wealth in gold and silver provides that insurance.

Asset allocation guidelines

There’s no “one size fits all” asset allocation. Everyone’s financial situation is different. Asset allocation advice that will work for one person, can be worthless for another.

But most of us have the same basic goals: Wealth preservation… creating safe consistent income… and safely growing our nest egg. We can all use some guidelines to help make the right individual choices. Keep in mind, what I’m about to say are just guidelines…

If you’re having a hard time finding great bargains in stocks and bonds, I think an allocation of 15%… even 20% in cash is a good idea.

This sounds crazy to some people, but if you can’t find great investment bargains, there’s nothing wrong with sitting in cash, earning a little interest, and being patient. If great bargains present themselves, like they did in early 2009, you can lower your cash balance and plow it into stocks and bonds.

As for stocks, if you’re younger and more comfortable with the volatility involved in stocks, you can keep a stock exposure to somewhere around 65%-80% of your portfolio. A young person who can place a sizable chunk of money into a group of high-quality, dividend-paying stocks and hold them for decades will grow very wealthy.

If you’re older and can’t stand risk or volatility, consider keeping a huge chunk of your wealth in cash and bonds… like a 25%-35% weighting. Near the end of your career as an investor, you’re more concerned with preserving wealth and keeping up with inflation than growing it, so you want to be very conservative.

As a guideline, the big thing to keep in mind with asset allocation is that you’ve got to find a mix that is right for you… that suits your risk tolerance… your station in life. Whatever mix you choose, just make sure you’re not overexposed to an unforeseen crash in one particular asset class. This will ensure a long and profitable investment career.

In summary, asset allocation is how you balance your wealth or net worth assets among stocks, bonds, cash, real estate, commodities, and precious metals in your portfolio. It is the single most important factor in your success as an investor.

References:

  1. https://stansberryinvestor.com/media-article/328231?fbclid=IwAR2z_5CGah4ZGsSJPoMsSX8Tb9jExRTJIWmedbMI7Il18Wjii8RtjzFTDLg
  2. https://www.investopedia.com/terms/h/harrymarkowitz.asp

Get Your Annual Influenza (Flu) Shot

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“Protect yourself this flu season with a flu shot” Piedmont Healthcare

The Centers for Disease Control and Prevention (CDC) and medical experts across the country are urging Americans to get their flu shot this fall. With peak flu season fast approaching, health experts have emphasized that this year, more than ever, it’s important to get vaccinated for the seasonal flu. 

Additionally, influenza vaccines are more available and easier to obtain this season then past influenza seasons. The CDC recommend that you start getting your flu shot.

Flu season usually starts in the fall and can last well into spring.

Flu season can be hard to predict since it usually starts in early fall around October and continues into spring. December through March are considered peak flu season in the U.S.—the time when most people get the flu. It’s good to be aware of flu season but you should also know that you can get the flu any month of the year. The best way to stay protected is by getting a yearly flu vaccination.

“Out of any year in your lifetime, this is the year to get your flu shot,” said Dr. Jane Kim, a VA physician. “This is an extraordinary year and it’s to protect you and your family. Flu shots are safe and effective. You want to be prepared and protected.”

To accommodate the expected increase in Americans getting flu vaccines this year, more flu vaccines have been orders nationwide than last year to meet the demands and avoid vaccine shortages.

Flu vaccination reduces the risk of flu illness

Had a flu shot last season? You need a new one now, and it’s best to get it early.

CDC conducts studies each year to determine how well the influenza (flu) vaccine protects against flu illness. While vaccine effectiveness (VE) can vary, recent studies show that flu vaccination reduces the risk of flu illness by between 40% and 60% among the overall population during seasons when most circulating flu viruses are well-matched to the flu vaccine. And, the flu shot “takes about two weeks after getting the vaccine into your body to build up enough antibodies to protect against the flu,” commented Jean Moorjani, MD, a pediatrician at Orlando Health Arnold Palmer Hospital for Children.

For military veterans, getting a flu shot will be easier this year. The Community Care Network has been expanded to include more than 60K partner locations where enrolled veterans can get a no-cost flu shot. Community Care Network providers are a vital part of VA’s health care network, ensuring eligible Veterans and their beneficiaries get the timely, high-quality health care they need.

With the COVID-19 pandemic continuing to persist across the United States, it is imperative for healthcare providers that come in contact with patients to get their flu shot this year. And, because of the COVID-19 pandemic, reducing the spread of respiratory illnesses, like flu, this fall and winter is more important than ever. “People are scared to go out,” Dr. Jane Kim said.

According to the CDC, for the week ending October 17, 2020, seasonal influenza activity in the United States remains low.

For more information on the flu vaccine, visit https://www.cdc.gov/flu/prevent/keyfacts.htm and to find the location nearest to you to receive your annual flu vaccine, visit Vaccine Finder or visit your healthcare provider.

For mor information, view the videos below:

Influenza facts and advice video from the Cleveland Clinic:

References:

  1. https://www.cdc.gov/flu/season/index.html
  2. https://www.health.com/condition/cold-flu-sinus/how-long-for-flu-shot-effective
  3. https://www.cdc.gov/flu/vaccines-work/vaccineeffect.htm#howeffective
  4. https://www.flumistquadrivalent.com/about-the-flu/when-is-flu-season.html?source=fmq_c_c_168&umedium=cpc&uadpub=bing&ucampaign=flumist_ub_resources_dtc_sd_exact&ucreative=season_exact&uplace=2020influenza&outcome=udtc&cmpid=1&&msclkid=9db03de7525e16a2211862641efdcf45&gclid=9db03de7525e16a2211862641efdcf45&gclsrc=3p.ds

U.S. in a “Bad Position”

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White House coronavirus advisor Dr. Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases, said that the United States is in a “bad position” as coronavirus cases and hospitalizations surge in many parts of the nation. “When you look at the country and the heat map color, when you see red dots, which indicate that that part of the county, the city … is having an uptick in cases … all of that puts us in a precarious situation.”

References:

  1. https://www.cnbc.com/2020/10/28/coronavirus-dr-fauci-says-us-is-in-a-bad-position-as-daily-cases-hit-record-highs.html?__source=iosappshare%7Ccom.microsoft.msedge.EMMXShareExtension

A Powerful Attribute for Success: Mindset

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Act in spite of fear!
 

Failure is a necessary evil on the road to success.

Your mindset is probably holding you back from creating the abundant life you dream and desire. Your mindset is your collection of thoughts and beliefs that shape your thought and habits.  And your thoughts and habits affect how you think, what you feel, and what you do.  Your mindset impacts how you make sense of the world, and how you make sense of yourself.

‘The 2% Mindset’.

“Adapting a growth mindset means recognizing that success is not about avoiding failures, but rather about embracing them, taking on challenges, and not giving up.” James Clear.

With a 2% or growth mindset, people believe that their most basic abilities and skills can be developed through dedication, deliberate practice, effort and hard work. This view of mindset creates a love of learning, growing and a resilience that is essential for success.

“To live is the rarest thing in the world. Most people exist, that is all.” Oscar Wilde

It’s postulated that only 2% of the population go for their dreams with confidence and excitement. They make a conscious decision to live “outside the box”.  They have the confidence to live a life of adventure and are willing to go for their dreams….the bigger the better. 

Only 2% of the population choose happiness and fulfillment. Only 2% of the population get the most out of life by exploring new things and embracing the unknown. Only 2% of the population live life without limits and act in spite of fear. In other words, only 2% of the population live a life beyond their comfort zone.

To achieve this mindset, you must actively change your way of thinking. You must act in spite of the fear. Rather than fear the unknown these 2% embrace the unknown.  Change is something to be embraced, as well, and they seek it with gusto.  The 2% have been able to embody an abundance mindset, not merely as a concept but as a way of being.  A life of contentment and fulfillment is their ultimate prize.

The remaining 98% of the population

The majority of the people (98%) in this world make a conscious decision to live in a comfort zone of their own making. They remain in their comfort zone and are content with just getting by. This zone is a place that is easy, routine, and secure.  It is easy to be like everyone else as it helps keep fear at bay.

98% of the population live their lives playing it safe, doing the right things and save themselves for some future event that never happens. 98% of the population enjoy being like everyone else and simply let life push them into submission because they have no guts. Deep down inside they are fearful and terrified of taking risks and end up settling for less. They really want to succeed, but the fear of losing is greater than the excitement of succeeding. 98% of the population will look back one day and know that deep down inside they didn’t go for it.

“Success occurs when your dreams get bigger than your excuses.” Anonymous

Fear, a powerful teacher.

The fear of failure is preventing you from realizing your true potential. It stops you from going for your dreams, be that public speaking, or maybe starting your own business. Most people wished that they had honored even a half of their dreams and had died knowing that it was due to choices they had made, or not made. But, “you need to fail, learn how to fail and condition yourself to fail” in order to find success, according to Tim Ferris.

Where there is uncertainty and fear, it’s easy to stay in your comfort zone and not face the unknowns. You experience resistance. Resistance is fueled by fear. And you feel fear because you don’t know what you don’t know and so you make up stories.

It’s important to embrace the unknown; find out how truly exiting and reinvigorating it can be. Live without limits, and enjoy exploring new things.

Regrets of the dying:

“Remembering that I’ll be dead soon is the most important tool I’ve ever encountered to help me make the big choices in life. All fear of embarrassment or failure — these things just fall away in the face of death, leaving only what is truly important.” Steve Jobs

Bonnie Ware, an Australian palliative nurse, counseled the dying in their last days and recorded their most common regrets. In her book The Top Five Regrets of the Dying – A Life Transformed by the Dearly Departing, she shared the top five regrets of the dying:

  1. I wish I’d had the courage to live a life true to myself, not the life others expected of me.
  2. I wish I hadn’t worked so hard.
  3. I wish I’d had the courage to express my feelings.
  4. I wish I had stayed in touch with my friends.
  5. I wish that I had allowed myself to be happier.

Take these five wishes of the dying to heart and avoid living a life full of regrets and unrealized dreams. Mark Twin said it best: “Twenty years from now you will be more disappointed by the things you didn’t do than by the ones you did. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream.”

“Health brings a freedom very few realise, until they no longer have it.” Bonnie Ware

References:

  1. http://sourcesofinsight.com/what-is-mindset/
  2. http://www.amazon.com/exec/obidos/ASIN/B000FCKPHG/thbosh-20/
  3. https://www.cnbc.com/2017/08/07/how-overcoming-the-fear-of-failure-helped-steve-jobs-and-bill-gates.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Message
  4. https://www.inc.com/tom-popomaronis/only-2-percent-of-world-embraces-these-11-risky-mindsets-heres-why-everyone-else-doesnt-but-should.html
  5. https://bronnieware.com/blog/regrets-of-the-dying/
  6. https://substanceeducation.com/2015/05/23/a-2-mindset/

Preventing a Ransomware Attack | NoMoreRansom.org

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“We are experiencing the most significant cyber security threat we’ve ever seen in the United States.” FBI

Ransomware is malware that locks your computer and mobile devices or encrypts your electronic files. When this happens, you can’t get to the data unless you pay a ransom. However this is not guaranteed. The general advice is not to pay the ransom. By sending your money to cybercriminals you’ll only confirm that ransomware works, and there’s no guarantee you’ll get the decryption software key you need in return.

FBI warns of attacks

Federal agencies warned that cybercriminals are unleashing a wave of data-scrambling extortion attempts against the U.S. health care system designed to lock up hospital information systems, which could hurt patient care just as nationwide cases of COVID-19 are spiking.

The FBI and two federal agencies warned that they had “credible information of an increased and imminent cybercrime threat to U.S. hospitals and healthcare providers.” The alert said malicious groups are targeting the sector with attacks that produce “data theft and disruption of healthcare services.”

Independent security experts say ransomware has already hobbled at least five U.S. hospitals, and could potentially impact hundreds more.

Prevention is possible

Following simple cyber security advice can help you to avoid becoming a victim of ransomware.

How to prevent a ransomware attack, according to NoMoreRansom.com:

  1. Back-up! Back-up! Back-up! Have a recovery system in place so a ransomware infection can’t destroy your personal data forever. It’s best to create two back-up copies: one to be stored in the cloud (remember to use a service that makes an automatic backup of your files) and one to store physically (portable hard drive, thumb drive, extra laptop, etc.). Disconnect these from your computer when you are done. Your back up copies will also come in handy should you accidentally delete a critical file or experience a hard drive failure.
  2. Use robust antivirus software to protect your system from ransomware. Do not switch off the ‘heuristic functions’ as these help the solution to catch samples of ransomware that have not yet been formally detected.
  3. Keep all the software on your computer up to date. When your operating system (OS) or applications release a new version, install it. And if the software offers the option of automatic updating, take it.
  4. Trust no one. Literally. Any account can be compromised and malicious links can be sent from the accounts of friends on social media, colleagues or an online gaming partner. Never open attachments in emails from someone you don’t know. Cybercriminals often distribute fake email messages that look very much like email notifications from an online store, a bank, the police, a court or a tax collection agency, luring recipients into clicking on a malicious link and releasing the malware into their system.
  5. Enable the ‘Show file extensions’ option in the Windows settings on your computer. This will make it much easier to spot potentially malicious files. Stay away from file extensions like ‘.exe’, ‘.vbs’ and ‘.scr’. Scammers can use several extensions to disguise a malicious file as a video, photo, or document.
  6. Prevent the infection from spreading. If you discover a rogue or unknown process on your machine, disconnect it immediately from the internet or other network connections (such as home Wi-Fi) — this will prevent the infection from spreading.

There is some good news; sometimes it is possible for infected users to regain access to their encrypted files or locked systems, without having to pay cybercriminals. The site, NoMoreRansom.org, has created a repository of keys and applications that can decrypt data locked by different types of ransomware.

References:

  1. https://www.nomoreransom.org/en/prevention-advice.html
  2. https://finance.yahoo.com/news/fbi-warns-ransomware-assault-threatens-045020352.html?utm_content=buffereda70&utm_medium=social&utm_source=facebook.com&utm_campaign=yahoofinance&fbclid=iwar3oe_50gpble_5qsdzzfisph9mrzoqntgrbtpwe4ypxcfxbjlsimxeqvqg&guccounter=1&guce_referrer=aHR0cDovL20uZmFjZWJvb2suY29t&guce_referrer_sig=AQAAAJNntoT0-u5WR8b7u270VS8dxLGxdRqAV_CKIjMruMa158Szv2KzHYHYZwfQbkGZkRu2mLDRpWIX4G27oN-LlCeb7PD706F51B87qLrCWoh5sC-EQfnccM4CFMfu8KAtB5-pca-gn8eGCkv3LL5OjsoZjCKF2XKoV12OG5zszKhA

How 5G Technology Is Changing the World

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5G technology is being called “the investment for the next decade” and the “key growth driver of all “tech” stocks in 2020”.

Every industry relies more and more on innovative technologies like artificial intelligence (AI), robotics, and machine learning, the stock market continues to be dominated by tech stocks that are effectively disrupting life as we know it.

The fact is, over the last two decades, technology has become such an integral part of our lives from the moment we are woken by our intelligent tablets to when our smart homes turn off the lights in the evening.

This continual shift towards faster speeds and greater interconnectivity offers investors an entirely new sector to capitalize on. Indeed, we are referring to 5G or fifth-generation technology, and there are a handful of small-cap tech stocks that could offer major upside.

5G is much more than the next generation of wireless technology–it is expected to be a game changing wireless network technology. 5G stands for fifth-generation cellular wireless.

Essentially, 5G network technology is projected to have greater bandwidth capacity, significantly faster mobile data speeds (around 1Gbps according to Qualcomm’s CEO) and lower latency. It is expected to usher in intelligence cities and to allow vehicle-to-vehicle communications which is critical to self-driving cars.

One speaker at CES 2020 described 5G as an use case technology; that it will enhance everything we do, and improve how we live, work and play. 5G is expected to deliver faster download speeds, real-time responses, and enhanced connectivity permitting improved mobile streaming and and gaming experiences. Basically, 5G will herald in new possibilities like smart cities and self-driving cars.

Harvard Business Review reports that 5G is positioned to be…

Nicki Palmer, the head of technology and product development at Verizon, observed that 5G will usher in speeds 100X faster and bandwidth 1,000X greater than 4G networks. Industries that 5G is set to completely transform are:

  • The $1.8 trillion energy industry: 5G will help unleash a wave of “smart grids,” electrical networks designed to handle the advanced technical requirements of the 21st century. This could save our economy $36 billion a year.
  • The $5 trillion agriculture industry: 5G will usher in a massive upgrade to our nation’s farms. Autonomous tractors will sow seeds, sensor-equipped drones will monitor the crops, and cows will wear 5G-connected collars that tell farmers everything from what they’re eating to how they’re sleeping.
  • The $7 trillion healthcare industry: The healthcare system deals with a projected 2.3 quadrillion gigabytes of data, from patient information to high-resolution MRI images. 5G-enabled systems will be able to process this data efficiently, with practically no lag.
  • The $22 trillion retail industry: Mobile shopping is already massive. More than 100 million Americans made a purchase on their smartphone in 2018. Just imagine how many more purchases they’d make if their internet connection were 100 times faster. The profit potential is HUGE.
  • The $35 trillion manufacturing industry: The remarkable power of 5G networks will encourage the adoption of augmented reality (AR) in factory settings. This is PROVEN to boost productivity by up to 50%.

As you can see, the economic impact of 5G could exceed $70 trillion. In other words, 5G is TRULY – as The Washington Post puts it – “the mother of invention.”

5G networks using millimeter wave spectrum.

Testing has shown that millimeter waves enable lightening-quick over-the-air transmissions. But, for all their speed, millimeter waves have really poor propagation techniques — i.e. 5G millimeter waves can’t penetrate buildings exterior shell.

References:

  1. https://investorplace.com/investors-guide-5g-stocks/
  2. https://www.brownleeglobal.com/5g-is-a-game-changer-brownlee-global/

Owning a Successful Business Is the Single Best Way to Accumulate Wealth

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Successful investing for the long term and accumulating wealth are about owning a portion of a successful business. It is the single best way to accumulate wealth.

It is extremely difficult for individuals to accumulate wealth by earning income and slugging their way through a 9 to 5 job. It’s very hard to get truly wealthy by renting out your time. Bottomline…you can only work so many hours. 

Even high earners like corporate executives, doctors and lawyers don’t typically earn millions of dollars a year. Instead, the path to amassing vast fortunes is paved by owning assets like stocks of a successful business and allowing the assets to to appreciate in value and work for you.

The single greatest wealth-building secret on the planet and the path to amassing vast fortunes is paved by owning a successful business through investing for the long term in stocks. Controlling vast sums of stock market wealth is a common thread among the world’s wealthy.

That doesn’t mean you have to create and build the next Tesla, Amazon or Walmart. You can “piggyback” on billionaire CEOs like Bezos by buying shares of their companies on the stock market.  This is the playbook many wealthy folks follow.

Recent data from investment bank Goldman Sachs shows the wealthiest 1% of US households own more than half the stocks in America. At the end of 2019, they controlled $21 trillion in stock market wealth.

Over long term, ownership of companies through stocks have outperformed bonds and most other asset classes. This makes sense when you think about it. Stocks are riskier than bonds, so you expect to earn a higher return on capital. 

When you save for the future by paying yourself first and invest for the long term your capital in a successful business, you accumulate assets that earn money while you sleep. For example, by owning Amazon shares, every time the stock soars, your net worth increases.

When Amazon crushes earnings, you win, too. Think of it as a second income that often brings in more than your main job.

References:

  1. https://www.forbes.com/sites/stephenmcbride1/2020/08/19/why-owning-stocks-is-the-single-best-way-to-get-rich/#6ede923248ec

Healthy Aging and Lifestyle: Happiness and Gratitude

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Gratitude is the expression of appreciation for what one has.

Attitude of Gratitude and why gratitude sprouts happiness

“The Grass is Always Greener on the Other Side” refers individuals who are not satisfied with their own lot in life and always assumes that there are better things in other places. This view appears to be a common human quality of always wanting something different than what you have. It assumes that your neighbor’s yard ( or circumstance) is greener (or more desirable) than yours, when, in reality, they are the same or your neighbor is actually coveting what you have.

“The grass is greener” expresses the idea that people often think a different set of circumstances would bring them greater happiness and joy in life; however, the phrase is often used in the context of reminding people that this is not usually the case. A more apt phrase is “the grass is greener where you water it., ” suggesting that good situations come from the energy you put into them, not from dreaming about them.

Developing an attitude of gratitude means that over time, gratitude can boost happiness and fosters both mental and psychological health, even among those already struggling with mental and physical health problems.

According to Psychology Today, “Gratitude is about feeling and expressing appreciation: for all we’ve received, all that we have (however little it may be), and for all that has not befallen us.” Studies show that practicing gratitude curbs the use of words expressing negative emotions and shifts inner attention away from such negative emotions as resentment and envy, minimizing the possibility of ruminating, which is a hallmark of depression.

Gratitude is a key tenet in all major philosophies and religions. That’s because gratitude is the foundation of happiness. We only have a limited amount of focus, so when you are able to be appreciative of what you have, your brain is unable to give life and energy to thoughts about what you don’t have. Seeing events in your life as gifts allow you to perceive how they may help you grow and become a better person, and the application of this attitude during tough times is the hallmark of resilience.

“Our happiness depends on the habit of mind we cultivate. So practice happy thinking every day. Cultivate the merry heart, develop the happiness habit, and life will become a continual feast.”

“Studies show that people can deliberately cultivate gratitude—and there are important social and personal benefits to doing so. It is possible to feel grateful for loved ones, colleagues, animals, nature, and life in general. The emotion generates a climate of positivity that both reaches inward and extends outward.” Norman Vincent Peale

Happiness is arguably one of the most important goals in life.

“Happiness has to do with your mindset, not with outside circumstance.” Steve Maraboli, Life, the Truth, and Being Free

“Happiness is best described as coming from between — that is if you get the right kind of relationship between yourself and other people, yourself and your work, and yourself and something larger than yourself… if you get those three relationships right … it will draw you out into the world, it will engage your passions, it will give you the kind of support that you need and want and it’ll give you a sense of meaning and purpose in life,” according to happiness expert Jonathan Haidt, the Thomas Cooley Professor of Ethical Leadership, based in the Business and Society Program at New York University.

“Money never made a man happy yet, nor will it. There is nothing in its nature to produce happiness. The more a man has, the more he wants. Instead of its filling a vacuum, it makes one.” Benjamin Franklin

What makes a person feel happy and grateful depends on the person and the degree to which we are inclined to experience and express gratitude. It can be something as simple as a call from a friend or a pleasant evening dinner with family. Engaging in a more specific act and how we think about an act, such as volunteering your time and talent to help others, can make people feel good about themselves.

“It isn’t what you have or who you are or where you are or what you are doing that makes you happy or unhappy. It is what you think about it.” Dale Carnegie, How to Win Friends and Influence People

Tips to Foster Gratitude

  • Keep a journal of or in some way note big and little joys of daily life.
  • Write down daily “three good things”—identify three things that have gone well for you and identify the cause.
  • Write thank-you notes to others.
  • Think about people who have inspired you and what about them was most significant.
  • Engage in “mental subtraction.” Imagine what your life would be like if some positive event had not occurred.

“Gratitude is the appreciation of things that are not deserved, earned or demanded – those wonderful things that we take for granted.” – Renée Paule

Learning to be thankful and regularly expressing gratitude is an important part of personal happiness. Being thankful gives us an appreciation for what we have.

  1. https://www.cnbc.com/2019/04/11/nyus-jonathan-haidt-formula-for-lasting-happiness-and-purpose.html?__source=facebook%7Cmain
  2. https://www.psychologytoday.com/us/blog/some-assembly-required/201411/the-benefits-cultivating-attitude-gratitude
  3. https://www.psychologytoday.com/us/basics/gratitude

Wear a Mask in Public

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Wear a mask when you go out in public.

CDC Director Robert Redfield said “face masks are the most important, powerful public health tool” to protect people from coronavirus infection and community spread.