The human mind tends to jump to the worst possible explanations and then further catastrophrzes the situation.

Most people have a negative filter and are pessimists, and they don’t even know it, and they don’t know how much this is hurting them in time, in energy, in productivity, in sanity, and actual lifespan.”

Recent research shows that maintaining a positive outlook can boost your chances of living beyond 85 by more than 50%, stated Positive Mindset Mentor Darren Daily in a podcast. Additionally, he shares that optimists don’t just live longer, they live better.

Scientists followed over 70,000 people for 30 years, considering every variable that you can think of. Education, lifestyle, health, and even the frequency of their smiles. Their conclusion was undeniable.

On average, optimists lived 15% longer than pessimists, and they weren’t just surviving longer, they were thriving more, and more likely to reach that coveted status of exceptional agers.

Optimism is a skill that you can learn, and it only takes five minutes a day to boost your optimism muscle significantly, Daily explains.

For starters, you can focus your mind on what’s positive and what you’re grateful for to help you ignite your growth mindset and help you become better every day.

Source:  DarrenDaily On-Demand: This Will Positively Save Your Life, Nov 1, 2024

https://podcasts.apple.com/us/podcast/darrendaily-on-demand/id1449270369?i=1000675324353

In a game of chess, you don’t speak. You just think, plan and act quietly. The only time that you ever speak when playing chess is to say “check” or “checkmate”.

Life is like chess. Don’t broadcast your plans or intentions. Act quietly. Keep progressing and achieving. Your accomplishments and achievements are your “check” and “checkmate”.

Let your haters only see your reality, never your vision, or you will have division and unnecessary friction.

“Failure is simply the opportunity to begin again, this time more intelligently.” – Henry Ford

A tolerance for failure and learning from the failure is crucial for personal and professional growth.

Several key points to consider include :

• Resilience: Failure teaches resilience. When you face setbacks and learn to overcome them, you build a stronger, more adaptable mindset.
• Growth Mindset: Embracing failure helps develop a growth mindset, where you see challenges as opportunities to learn and improve rather than as insurmountable obstacles.
• Innovation: In many fields, especially in innovation and research, failure is an essential part of the process. It helps identify what doesn’t work, paving the way for breakthroughs.
• Learning Culture: Organizations that foster a culture of learning from failure tend to be more innovative and successful. They encourage employees to take calculated risks and learn from their mistakes without fear of punishment.
• Emotional Intelligence: Understanding and accepting failure can improve emotional intelligence. It helps you manage your emotions better and empathize with others who are going through similar experiences.

Embracing failure is a fundamental basis of achieving great success in one’s professional and personal life.

In volatile markets, it’s easy for you, as a long term investor, to fall prey to your fears and end up making an emotional decision about your money. It’s not uncommon for investors to move their money to cash or switch to a more conservative asset allocation.

However, these moves may be counterproductive. Historically, many investors who moved out of stocks during down markets didn’t fare as well as those who stayed the course, as they often missed out on subsequent rallies.

“Periods of market volatility may be some of the most challenging for investors,” says Malwal. “Yet if you look back at 2020, or 2008, or other big market corrections, stocks eventually recovered and went on to make new all-time highs. Investors who stayed invested through the downturn were more likely to fully participate in the recoveries than those who shied away from stocks after the decline.”³

Sticking to your plan and staying invested can be advantageous even when things seem dire. For instance, missing just the 5 best days in the market between 1980 and 2022 could have reduced portfolio returns by as much as 38%.⁴ This can be easier said than done, however. Thankfully, there are some steps you can take to help yourself weather the emotional and financial stress that comes with challenging market conditions. You can:

✓ Learn about common investing biases and how to combat them so you don’t overreact in periods of volatility.
✓ Explore defensive investing, which may help protect your portfolio from steep market declines (at the expense of some potential returns). A defensive portfolio may seek to include more conservative stock investments, high-quality bonds, and alternative investments that are less correlated to the performance of traditional asset classes.
✓ Consider developing a steady stream of reliable income that isn’t dependent on market-based sources (e.g., bonds, dividends, or fixed income annuities), so you aren’t stressed about covering your necessary expenses and can better weather near-term volatility.

Source:

Risk is an essential part of investing. Regular rebalancing and tax-management techniques may have a substantial impact on a portfolio’s long-term performance.

According to Insights from Fidelity Wealth ManagementSM, here are 5 things you may be doing that might be having a detrimental effect on your investment portfolio.

1. Getting out when the going gets tough

When markets become volatile or experience significant declines, it’s natural to want to try to cut your losses and retreat to what seems like safe territory. But rather than preserving your wealth, you are actually undermining the long-term growth potential of your portfolio.

In general, market declines have tended to be relatively shallow and short-lived compared to expansionary periods. Since 1950, markets have risen an average of 15% per year during expansions—and even 1% per year during recessions.1 So even when things seem most dire, there’s still a chance for positive returns.

Furthermore, because it’s not possible to predict exactly when the market may shift from negative to positive, there’s a chance that you may end up missing out on a rally or recovery when it occurs if you were to take your money out of the market.

Being uninvested for even a short time could have a profound impact: For instance, a hypothetical investor who missed just the best 5 days in the market since 1988 could have reduced their long-term gains by 37%.2

That’s why it’s so important to have a thoughtful, well-established plan in place to help you resist the urge to overreact to short-term volatility and uncertainty.

2. Taking on too much (or too little) risk

Risk is an essential part of investing. The amount of risk you decide to take on could determine how much growth you may be able to achieve in your portfolio and how much volatility you may need to endure to get there.

While there are no guarantees in investing, the key is to take on just enough risk to give your portfolio a chance of reaching your long-term goals, but not so much that it introduces enough volatility to scare you into withdrawing from the market. And one way to achieve that is by diversifying your portfolio, investing in a mix of different asset classes that may behave differently in different market conditions—that way, when some of your investments are down, others may be up, helping to smooth out the bumpiness in the market that can be so disconcerting.

Important information about performance returns. Performance cited represents past performance. Past performance, before and after taxes, does not guarantee future results and current performance may be lower or higher than the data quoted. Investment returns and principal will fluctuate with market and economic conditions, and you may have a gain or loss when you sell your assets. Your return may differ significantly from those reported.

The underlying investments held in a client’s account may differ from those of the accounts included in the composite. No investment strategy or risk management technique can guarantee returns or eliminate risk in any market environment. See footnotes for additional details.

How your assets are allocated across these different asset classes can provide a solid foundation upon which your portfolio may be able to grow over time. It can be a major factor in long-term performance: In fact, up to 90% of the variability of a fund’s return over time can be explained by how its assets are allocated.3

3. Not rebalancing your portfolio regularly

Asset allocation is not a one-and-done exercise or something you can “set and forget.” Over time, the appreciation and depreciation of your investments may result in your portfolio drifting from your initial allocation. As this happens, the amount of risk you’re exposed to could change in ways you may not have expected.

For example, consider a hypothetical portfolio that begins with an asset allocation of 70% stocks and 30% bonds. If over the course of 6 months, stock values were to surge and bond values were to decline, that portfolio might end up closer to something like 80% stocks and 20% bonds—a much riskier allocation—just due to market activity. It can work the other way as well: Were stocks to dip to 60% and bonds to rise to 40%, the portfolio may end up being more conservative than the investor initially intended.

Unless the investor proactively monitors and reallocates assets, perhaps by adding more funds to the account in the desired asset class or moving assets from one class to another, they could potentially experience more volatility than they are comfortable with or less growth than they need to help achieve their goals.

4. Paying too much in taxes

Taxes are a part of life, but nothing says you need to pay any more than is required of you. And yet, many investors may do just that because they don’t realize that there are techniques they can employ to help invest more efficiently and potentially reduce their overall tax burden.

Cutting your tax bill can have a big impact on your portfolio over the long term, by allowing you to keep more of your money and keep it invested, where it can potentially benefit from compounding growth in the market.

Techniques such as tax-loss harvesting or tax-efficient asset location, which places particular types of investments in the accounts most suitable for their tax treatment, can potentially pay off. In fact, the average client with a Personalized Portfolios professionally managed account using tax-smart strategies4 could have save $4,137 per year in taxes.5

5. Going it alone

It’s not always easy to stay on top of these tasks and keep everything running smoothly on your own. And even when you know what you should be doing intellectually, it can be hard to stay the course and keep your emotions in check when markets become challenging. That’s why some investors are more comfortable engaging with a professional investment manager who, for a fee, can oversee many of these important investing duties and provide investors with a backstop of support and guidance that may be able to help them weather the difficulties they encounter on their path to their goal.

The truth is, mismanaging your portfolio has a cost. And whether the mismanagement is the result of an honest mistake, an understandable overreaction, or a simple oversight, ultimately the cost is coming out of your pocket.

But you don’t have to go it alone. Sometimes, working with a professional may be the best course of action. And it may be more likely to lead to a better outcome in the long term. For example, studies have estimated that professional financial advice can add up to 5.1% to portfolio returns over the long term, depending on the time period and how returns are calculated.6

Even if you feel more comfortable managing your portfolio yourself, you may still benefit from meeting with a financial professional from time to time to get another perspective on your approach to investing.

Don’t overcomplicate things

Life is complicated enough as it is. There’s no need to make it any more complicated than it needs to be. With just a little more attention to these important portfolio practices and reaching out for professional help when you need it, you may be able to help ensure that these potential mistakes don’t keep you from reaching your important investing goals.

Source:  Fidelity Wealth Management

“Diversification is a safety factor that is essential because we should be humble enough to admit we can be wrong.” ~ Sir John Templeton

Billionaire investor Warren Buffett isn’t a big fan of diversification. Buffett has nearly 68% of Berkshire Hathaway’s $361 billion portfolio invested in only four stocks.

It’s important to note that Berkshire Hathaway owns over 40 stocks. However, four stocks— in addition—Apple, Bank of America, American Express, and Coca-Cola—comprise the lion share of his stock portfolio. Essentially, he believes in their businesses. He explained, “When you find a truly wonderful business, stick with it.”

Buffett wasn’t always so heavily invested in these stocks. Coca-Cola and American Express are his two longest-held positions. The stocks have increased so much in value through the years that they’ve become a bigger part of Berkshire’s portfolio.

In 1998, Buffett summarized his philosophy about diversification: “If you really know businesses, you probably shouldn’t own more than six of them. If you can identify six wonderful businesses, that is all the diversification you need, and you’re going to make a lot of money.”

You might follow Buffett’s lead and invest heavily in a small number of stocks only if you can meet the two criteria he specified:

1. Have a thorough understanding of their underlying businesses.
2. Find “wonderful businesses.”

However, Buffet did say: “If you are not a professional investor, if your goal is not to manage money in such a way so you get a significantly better return than the world, then I believe in extreme diversification.”

In other words,. Diversification is a good thing for most retail investors.

One important fact:

If you had invested $10,000 in the S&P 500 in 1964, your investment would have grown to approximately $3.1 million by now, reflecting a total return of around 31,223%.

On the other hand, the same $10,000 investment in Berkshire Hathaway would have skyrocketed to an astounding $438.5 million, with a total return of about 4,384,748%.

This dramatic difference highlights Berkshire Hathaway’s exceptional performance under Warren Buffett’s leadership, significantly outpacing the broader market.

Source:

1. https://finbold.com/this-is-how-berkshire-hathaway-has-outperformed-sp-500-since-warren-buffet-took-over/
2. Keith Speights, Why Warren Buffett Has 68% of Berkshire Hathaway’s $361 Billion Portfolio Invested in Only 4 Stocks, Motley Fool, April 21, 2024. https://www.fool.com/investing/2024/04/21/warren-buffett-berkshire-hathaway-portfolio-stocks/

John D. Rockefeller’s health issues had a profound impact on his perspective on life. When he fell seriously ill in his early 50s, he faced severe physical pain and the emotional toll of losing all his hair due to alopecia. His health deteriorated to the point where he could only eat simple foods like soup and crackers. This period of suffering made him realize that his immense wealth couldn’t buy him good health or happiness.

This period of illness led him to a profound realization about the limitations of his wealth and to a significant shift in his priorities. He began to see the importance of using his wealth for the greater good. Rockefeller decided to devote a large portion of his fortune to philanthropy, focusing on areas like medical research, education, and public health. This change in perspective resulted in the establishment of the Rockefeller Foundation, which has had a lasting impact on various fields.

Recently, a story about John D. Rockefeller (July 8, 1839–May 23, 1937), the founder of Standard Oil, appeared in a periodical. Rockefeller was once the wealthiest man in the world and the world’s first billionaire. The story demonstrated the relationship between health, faith, gratitude, service to others, and great wealth.

“In his lifetime, Rockefeller amassed a net worth of at least $1 billion in 1916. When Rockefeller died in 1937, his net worth was estimated to be approximately $340 billion today’s dollars.”

By age 25, he had one of the largest oil refineries in the United States. He was 31 when he became the world’s largest oil refiner. At 38, he controlled 90% of the oil refined in the United States. At fifty, John was America’s richest man. As a young man, every action, attitude, and connection was crafted to establish his wealth.

But at the age of 53, he fell unwell. His entire body became wracked with pain, and he lost all his hair. In total anguish, the world’s lone millionaire could buy anything he wanted but could only eat soup and crackers…he could not buy good health.

According to an associate, “He couldn’t sleep, wouldn’t smile, and nothing in life meant anything to him.” His personal, highly trained physicians indicated that he would die within the year. That year passed painfully slowly. As he approached death, he awoke one morning with the faint understanding that he would not be able to bring any of his fortunes with him to the next world.

Rockefeller realized that he had no control over his health and personal life. He informed his solicitors, accountants, and management that he intended to devote his assets to hospitals, research, and charity work. John D. Rockefeller started his foundation.

The Rockefeller Foundation financed Howard Florey and his colleague Norman Heatley’s penicillin research in 1941. But arguably, the most astounding aspect of Rockefeller’s narrative is that when he began to give back a fraction of all he had gained, his body’s chemistry changed dramatically, and he recovered.

After being told he would never see his 54th birthday, John D. Rockefeller lived to be 98 years old.

John D. Rockefeller’s remarkable health change coincided with his noteworthy shift in mindset and heart. What happens when you begin to believe and act with gratitude and faith is amazing.

Rockefeller learned gratitude returned the bulk of his money, which made him whole. It’s one thing to be healed; it is another to become fit.

Rockefeller believed in the biblical principle from Luke 6:38: “Give, and it will be given to you.” He generously supported causes like building schools, churches, and hospitals; before he died, he wrote in his diary: “God taught me that everything belongs to Him, and I am merely a conduit to carry out His will. My life has been one long, happy holiday since then, entire of work and play. I let go of my worries along the road, and God was incredible to me every day. footnote

Your life is a constant journey, from birth to death.
The landscape changes, the people change,
your needs change, but the train keeps moving.
Life is the train, not the station.
(Paulo Coelho)

Life is a continuous journey, always in motion, never pausing at any one moment for too long. Like a train, you travel through different landscapes—sometimes through fields of joy, sometimes through valleys of struggle. The people around you change, as do your needs and desires, but the journey presses on.

You may long for certain stops, trying to hold on to moments or people, but life doesn’t allow you to stay at any one station.

It’s in embracing this constant movement that you find the beauty of life itself, knowing it’s the journey, not the destination, that defines you.

Source: https://m.facebook.com/story.php

Moringa oleifera is a tree with antioxidant and anti-inflammatory properties. Also known as the drumstick tree, the miracle tree, the ben oil tree, or the horseradish tree, people have used moringa for centuries due to a wide range of health benefits due to its rich nutritional profile and medicinal properties. Here are some of the key benefits:

Nutrient-Rich: Moringa is packed with essential vitamins and minerals, including vitamins A, B1 (thiamine), B2 (riboflavin), B3 (niacin), C, calcium, potassium, iron, magnesium, and phosphorus.
Antioxidant Properties: Moringa contains powerful antioxidants that help protect cells from damage and reduce oxidative stress.

Anti-Inflammatory Effects: The anti-inflammatory properties of moringa can help reduce inflammation and treat conditions like edema.
Liver Protection: Moringa may help protect the liver against damage caused by toxins and support its overall health.

Cancer Prevention: Compounds in moringa, such as niazimicin, have been shown to suppress the development of cancer cells.

Digestive Health: Moringa can aid in treating stomach disorders, such as constipation, gastritis, and ulcerative colitis.

Blood Sugar Regulation: Moringa has been found to help lower blood sugar levels, which can be beneficial for managing diabetes.

Heart Health: Moringa may help reduce cholesterol levels and support cardiovascular health.

Skin and Hair Care: Moringa oil is often used to nourish and protect the skin and hair, promoting wound healing and reducing oxidative stress.

Immune System Support: The high vitamin C content in moringa helps boost the immune system.

Moringa can be consumed in various forms, including as a powder, tea, or oil. However, it’s always a good idea to consult with a healthcare professional before adding any new supplement to your routine, especially if you have underlying health conditions or are taking other medications.

Source:

1. https://www.medicalnewstoday.com/articles/319916