Health is important with investing, not just wealth.

Bigbobby

I was having a think about investing recently and even compared to 10-15 years ago we have never had so much advice and information at out fingertips regarding investing. Loads of online videos, forums, online journals and you can order investing books online as well. i remember in the early days of Youtube things were a bit more limited and the highlight was listening to Phil Collin's - Invisible Touch and U2 - The Streets have no Name. 😀

I pay into a workplace pension and also and also have a S&S ISA containing index funds containing global equities and bonds. I also have a property portfolio because I see property as having the power of leverage.

Now it is all well and good giving advice about clearing debt, building an emergency fund and investing in certain asset classes but what does not get spoken about a lot is investing in your own health? To me a think investors would benefit a lot more if it were to be emphasised to them that health is also important not just wealth. Poor health can also cause a financial strain whether that be sickness from work, medications, adaptations, dental treatments etc.

I know a lot a people in high paying jobs and have high wealth but their health is not great so how can they enjoy their eventual fruits of their labour? I can see their quality of life being poor and some will be lucky to even reach retirement. The UK does face significant issues with obesity linked to poor diet and exercise, dementia, alcohol and mental health issues.

People may ask well what are other people's health conditions got to do with me? I do think however that when it comes to investing it is not just financial decisions. It is about taking care of yourself physically, mentally, socially etc. To me health is the most important pillar when it comes to investing because how can we enjoy out eventual investments when we are not well ourselves? If health were to be emphasised more in the investment community there would be a lot more happy investors.

Sam_666

I realy dont see point of this post.
You dont invest in your health, you look after your health.
Investment means financial profit, how is "investing in health" going to generate finiacial profit?

Yes, eveyone should look after their health, not just investors. Plenty publicity on that field, suprised you missed that out.

Anyways, this post should go to health section or simular.

The_Groat_Counter

@Sam_666 posted:

"Investment means financial profit, how is "investing in health" going to generate financial profit?"

"Investment" doesn't necessarily have to do with anything financial as such.

The Cambridge English Dictionary says this…

investment - the act of putting money, effort, time, etc. into something to make a profit or get an advantage, or the money, effort, time, etc. used to do this

GeoffTF

There can be a connection. I retired at 50 because I believed that I would be more healthy and live longer if I prepared my own food and got out on the hills. The alternative was eating sandwiches from a machine and sitting in front of a desk with a fat belly. At 76, I am a healthy and wealthy man. If I had not retired, I would probably be twice as wealthy, but I would not be as healthy, and may already be dead.

kipsterno1

If you read some of the, excellent, long running threads on the pension forum you will see that health is a big parts of people's planning. A good one to start with might be @Smudgeismydog Bold leap into retirement.