We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Health is important with investing, not just wealth.

124»

Comments

  • Eco_Miser
    Eco_Miser Posts: 5,194
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Forumite

    You are saying that "the correlation between poor health outcomes and poverty" is a completely different argument from the relationship between poverty and poor health outcomes?

    In what way?

    Eco Miser
    Saving money for well over half a century
  • GeoffTF
    GeoffTF Posts: 2,892
    1,000 Posts Fourth Anniversary Photogenic Name Dropper
    Forumite
    edited 17 August at 8:52AM

    If you knew only one of these facts, what would you conclude about my life expectancy:

    • I have a high income and very high net asset value.
    • I have very low expenditure.
    • I live in the most deprived ward of a deprived postcode.
    • I live in a well maintained detached house in a quiet street with friendly neighbours and lots of green space.
    • I used to live in the borough of Kensington & Chelsea.
  • GeoffTF
    GeoffTF Posts: 2,892
    1,000 Posts Fourth Anniversary Photogenic Name Dropper
    Forumite

    What about Financial Independence Retire Early (FIRE)? That is where high earners live like paupers and invest the money that they save to retire early, or only accept employment on their own terms. Are they shortening their lives by making themselves temporarily poor, or are they extending their lives by making themselves wealthy?

  • InvesterJones
    InvesterJones Posts: 1,890
    1,000 Posts Fourth Anniversary Name Dropper
    Forumite

    Exactly, or indeed there could be a third factor (or more) that causes both poor health and poverty (for e.g. unemployment). It's very hard to tease out single factor causes, it's a complex picture which intervention studies try and address but every environment is different.

  • Section62
    Section62 Posts: 11,817
    10,000 Posts Fifth Anniversary Name Dropper
    Forumite
    edited 17 August at 9:20AM

    No the science is clear and unequivocal - poor people live shorter lives and suffer poor health for longer.

    the science is incontrovertible

    There is a difficulty here that you are quoting data and calling it 'science'.

    The data is clear and generally unequivocal, but as GeoffTF pointed out correlation does not prove causation.

    The links between health outcomes an a whole range of factors - including wealth - is not fully understood, and therefore it is wrong to claim "the science is incontrovertible".

    If things are going to be called 'incontrovertible' then we need to be more precise about what is being described. For example, you use the word "poor", but much of the research is around "poverty". These two terms are not interchangeable. And to have any real meaning the discussion needs to move towards "relative poverty", and then define what "poverty" really means.

    I come at this from studying the effect of deprivation on road traffic accidents, and why certain demographics were over represented in casualty statistics. There were a lot of theories, but the science was absolutely not incontrovertible.

    (Edit for formatting)

This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 355.8K Banking & Borrowing
  • 254.9K Reduce Debt & Boost Income
  • 456.2K Spending & Discounts
  • 248.3K Work, Benefits & Business
  • 605.9K Mortgages, Homes & Bills
  • 179K Life & Family
  • 263.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.