426: How to Live Longer and Be Richer
How to Live Longer and Be Richer. These go together. If you get richer, you are more likely to live longer. If you are poor, you are more likely to live less long. There are a number of reasons for this which will well explore and explain. Please keep an open mind – we hope by the end you will think this Special Report makes sense.
Firstly, there are a number of things are claimed to correlate with longer life:
· People that floss their teeth live 6 years longer
· People that drink red wine live 5 years longer
· People that don’t smoke live 5 years longer
· People who are right handed live 5 years longer
· People that live on noisy-busy polluted main roads live 5 years less long
What these statistical analyses don’t normally mention is that all these tendencies correlate with something else – a combination of social class and wealth. The bottom line is, if you are wealthy and of higher social class, you will tend to live longer. Specific to the bullets above, you will also tend to:
· Have teeth – and therefore floss them - flossing correlates with "looking after one's health"
· Drink red wine – rather than beer or cider
· Smoke very little or not at all - better for one's health
· Be right handed – this reduces stress levels
· Live on a quite road – this is also in a more expensive property – well away from stressful pollution and road noise
Those people that exercise 1-3 hours a week live 5 years longer - there is also a broad correlation between exercise and wealth and social class.
Wealthy Live Longer: When you combine all the factors up, you can start to understand why wealthy people live longer. It’s not rocket science. Add to this the fact that if a rich person has a medical condition or needs expert care, they can pay for the best to cure themselves or keep themselves going for longer with less stress. No waiting lists. No mixed bedrooms. Better healthcare.
Most of the things that help make people wealthy are also good for one’s health as well – it’s a vicious circle of opportunity. Let us explain - you are far more likely to succeed in business if you:
· Get plenty of exercise
· Are not overweight
· Don’t smoke too much or don't smoke at all
· Don’t drink – or if you do – just have the occasional moderated glass of red wine socially
· Live in a quiet house in a good low crime are away from stress and angst
Better Performance: You will therefore be healthier, more focused, more enthusiastic, more energetic, more positive and this will positively impact your relationships with all of your business partners, customers and associates. Your performance will be exceptional and if you provide an excellent service for a reasonable cost whilst fostering good relationships – your business or job performance will do very well. Again, this is not rocket science but it's worth pointing out. One needs to take a holistic view about making serious money – the number one priority for sustainable high returns is that the investor should have good person health and welfare. If you health fails, so will your business and your wealth generating abilities. Ultimately if you are no longer around on this planet, logically you cannot generate any wealth for yourself anymore! If you are incapacitated by poor health, you will no longer be actively investing - you are likely to be in divestment mode through a third party.
Continuous Discipline: It is also no good going through phased health fads – it’s got to be continuous and over a long period of time. One needs to built it into a routine. Be disciplined to follow the routine. Not have people distract you from this routine. An example is – jogging. Ideally, if this is your preferred exercise one needs to build a routine:
· Ten minute run each working evening – four days a week (one day off)
· Two 40 minute runs at the weekend days – or on holidays
Don't let your partner, friends or colleagues put you off or put you down for getting exercise.
20 miles a week: If you walk to a railways station – say 10 minutes each way and you got at the weekends - just doing this exercise will clock up 20 miles a week – with little strain. If you stick to it every week of the year – you will stay on course to live 5 years longer. If you stay wealthy, eat well, drink a little red wine, don’t smoke and live in a low stress quiet home away from pollution, you’ll probably live ten years longer than average. Serious. And with it, your clear head will help you make serious money by focussing on the best investments even into your elderly years – and you will be stronger and more able to handle higher risks and stresses in the markets.
Eating: If you struggle with your weight like many people do – try this:
· Stop eating wheat (bread, pasta, pastry, wheatabix)
· Eat lots of fruit, nuts, vegetables
· Eat raw food
· Avoid processed food
· Avoid sugar
Weights: If you pump a bell weight – to keep your upper body muscles trim and you walk and/or jog, then this will develop muscle that will then burn energy when you are resting and sleeping. Your metabolism will rise because you have more muscle. It’s all about the muscle. The bigger the muscles the better - the more energy you burn. They will then burn the fat away. Then you will be far stronger and healthier. And able to eat more and "get away with it". Remember – develop muscle and loose weight.
Muscle Mass: Our view – or practical theory – is that the only reason why people add weight as they get older is because their muscles (naturally) get smaller and start to waste away. So the bigger the muscles as you get older the better – then you will not put on weight. If you can keep your muscles the same size as when you were 20 years old – whether you are a man or women – then this maximises your chances of keep you weight down.
This analysis is grounded in science. Read any biology book and you will find that muscles burn energy and fat does not. Eventually fat stops exercise as exercise becomes more difficult leading to further muscle wastage, more fat - this can eventually lead to death through cardiac arrest, diabetes or other complications. Fats also store toxins that also harm your health. If you are fat, you are more likely to get cancer and have heart desease.
· Stop eating wheat
· Pump a bell weight
· Walk and run
Before you know it, your will be shed kilos rapidly! Just call it your little secret. It works. And it doesn't cost anything! And will eventually add huge value through better investments.
Women: Just consider this carefully. There is this perception that it is not womanly to build muscle – muscles are not feminine. To this we say – bull****. Look at female athletes. Look at Madonna. They are feminine and attractive. Leryn Franco - the Olympic Athlete above is an example. Most supermodels tone their muscles. But the key thing is that if you build muscle, your shape will improve dramatically. No-one will see muscle – they will only see slim, shapely and healthy. All of a sudden, those clothes will fit perfectly. It boosts ones self-esteem. It’s equally valid for men and women – to tone up muscles to leave the fat behind. Whether this is through walking, jogging, cycling, weight lifting, toning or any other form of sport or exercise, that is for the individual of course. You don’t even need to tell anyone you pump weights – why share anything with anyone if you think they might want to put you down or doubt you for it. Best just get on with it and get fit, healthy and build some trimming muscle. Only by building muscle will you keep the weight off in healthy and sustainable fashion.
Wheat Is A Toxic New Invention: On the subject of not eating wheat, you might think this is a bit alien. Actually, it’s not. Remember planet earth is 5 billion years old. The human species is a millions of years old. But wheat was invented by the Romans about 2000 years ago. Human’s intestines are not used to eating wheat. What happens is the gluten and sugars swell up the human body – your body will add water because wheat is somewhat toxic to most people. The sugar will rapidly be converted to fat. You may suffer back pains because your joints and cartillage will expand. The yeast can lead to yeast infections or cause mild inflammation. If you drink beer and eat lots of bread – you will no doubt get flatulent and your waistline will expand immediately and then more in the longer term. That’s a toxic combination. Yeast, breast and beer. No wander people that drink red wine and eat nuts live longer!
Japanese Example: Why do you think there is so little obesity in Japan, China and Taiwan? Probably the single most important thing is they don’t eat much wheat. They eat plenty of fish, vegetables and rice and no wheat. Western developed nations eat huge quantities of wheat – this is where obesity is the highest. Okay, avoiding driving and walking and cycling helps, but eating bread and wheat is a huge negative in our view.
Value of Time and Health: Coming back to making money – if your heart is stronger, you are fit, have large muscles and low fat levels, you will be far more energetic, productive and feel a whole lot better. You will then feel like taking more risk and making more money. You will be more robust and feel very comfortable with doing lots of things – work, leisure and investing – and managing all of this with responsibilities around family and friends. So the underling foundation of prosperity is health.
Warren Buffett: All those young people that don’t believe this – just consider this.
· Warren Buffett is 82 years old and is worth $60 Billion. He’s very wealthy and his health is good.
· You are 20 years old and are worth $0. You are very healthy and your health is good.
What would Warren Buffett give to be 20 again? The answer is – all of his wealth. The most valuable things in life are time and health - not money and wealth. If you have time and health, you can make money and wealth.
Value of a Day: Now consider this – as an economist. If you split each day into a value – say – called each day worth £300 – if you were wealthy, you would surely pay £300 for an extra day. Then if you live 5 years longer – that’s worth £550,000.
Value of Jogging: But then consider that if you are 30 years old – exercise for 2 hours a week – then you live five years longer because of it – to age 80. That means you spend 0.6 years exercising but lived 5 years longer – a net gain of 4.4 years on an investment of 0.6 years. That means for every hour you exercise, you gain a net 7.3 hours. That’s an excellent return on time investment. Just think about it next time you are jogging. You may have to kid yourself you enjoy – but try and enjoy the experience – then after jogging 1 hour you have gained a net 7.3 hours of life.
Value of an Hour’s Exercise: Economically, if you value each day at £300, then each hour you exercise will gain you ¼ of a day or £75 worth of time. That’s like working for £75/hour when you jog - when you are actually enjoying yourself jogging through the countryside. That’s good value!
Driving: Now consider this. Driving is stressful, highly toxic (noxious fumes), bad for your back, time-wasting, tiring, expensive, dangerous (accidents) and fattening (no exercise, sitting, poor posture). Just imagine if you can cut down the time in the car and increase the exercise time. You find a way of cycling to work, then leaving the car behind – that would avoid poor health and increase good health - a massive net health gain! A massive net value gain. Dump the car. Start exercising.
De-Risk Poor Health: Yes, we know you cannot make too many assumptions and life is not exactly deterministic – but exercising, eating well, lowering fat levels and building up strength will help de-risk poor health and increase ones changes of living a long, active and healthy life – and thereby making even more serious money. That's exciting! Warren Buffett is a classic example – he’s now 82 years old and shows no sign of making less money. If anything, he looks most likely to make even more money as he gets older. This is the same for Richard Branson – who has kept himself very healthy. Sting is another example - he looks after himself. Paul McCartney is another one.
Early Grave: Take a look at the people on the other end of the spectrum that drank heavily, took drugs and abused their bodies with regrettable outcomes - that curtailed their wealth generation, health and life: Amy Winehouse, Curt Cobain, Richard Burton, Jim Morrison, Janice Joplin, Michael Jackson, Whitney Houston, Keith Moon, Sid Vicious, Elvis Priestley.
Loaning To The Unhealthy: If you go to a bank and ask for a loan, if they knew you were not healthy, they would be far less likely to loan you money. Not really surprising. Are you individually a going concern? e.g. is your health okay. A lot of it might be hereditary and/or luck, but there are certainly many things you can do to de-risk poor health.
Hard Work: As Margaret Thatcher once said – no-body died of hard work. Well not exactly, but she used to get 4 hours sleep a night working 17 hour days when she was Prime Minister – she’s still alive at 85 years old.
Wealthy = Health: If you look at African Presidents and Middle Eastern Kings – you will find further evidence that being wealthy leads to longer life. They can afford the very best health-care. An extreme example is that the average age expectancy of a Zimbabwian is 40 years old, but their President is 84.
No-one lasts for ever, but it sure helps living longer of you are healthy and wealthy.
So the message - focus on being healthy and focus on making serious money – they go together!