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11.09.23

Pursuing health & wealth

 

Patrick Fogarty

In the realms of health and investing, complexity and conflicting information often lead to confusion. Health and investing are closely aligned.  Sufficient money without the health to enjoy it misses the objective.

The book “Outlive: The Science & Art of Longevity” by Peter Attia has gained popularity for its exploration of strategies to live longer and healthier lives.  Attia’s observations, such as the absence of a one-size-fits-all solution, the ineffectiveness of quick fixes, and the importance of prevention, mirror key principles in investing.

Just as health needs differ among individuals, investment strategies should be tailored to each person’s distinct goals and risk tolerance. The most effective investment plan is one that an individual can consistently adhere to.

In a similar vein, investing, like achieving good health, is not characterised by instant solutions. Consistent market returns can rarely be predicted on a yearly basis due to market volatility, and successful investing hinges on a long-term commitment to capitalise on compounding growth.

Approaching investing proactively involves embracing uncertainty, constructing intelligent portfolios, and crafting plans that accommodate a wide spectrum of potential outcomes. Attia’s role as a translator, who simplifies medical advancements for individuals, is reminiscent of the role of a proficient financial advisor. Both fields require a blend of scientific understanding and tailored application, where the principles of science guide personalised decision-making.

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