You Don't Have to Be Perfect to Profit
There's no such thing as a perfect investor...
Most of you know the story of legendary investor Warren Buffett. He went from selling chewing gum as a child to becoming one of the richest men in the world.
But even Warren Buffett doesn't get it right 100% of the time. For example, in his 2014 letter to Berkshire Hathaway shareholders, Buffett admitted that holding shares of shares of UK grocer Tesco for too long, despite major warning signs, cost his company over $400 million.
Making money in the stock market doesn't mean you have to always get your investments right. But you do need to get some skin in the game.
Too often I have folks tell me, "Doc, I just think my cash is safer with me."
But if you're just sitting on the sidelines with your cash – whether it's literally under a mattress or sitting in your bank account – you're losing the chance to exponentially grow your wealth.
And right now, according to my colleague Greg Diamond, is the time to put your cash to work.
Yesterday, Greg hosted a "Get Out of Cash" event where thousands of attendees learned...
- Why you absolutely must get out of cash right now...
- When to expect a rare situation that could leave millions of people behind and define your wealth for the next decade...
- How to potentially double your money multiple times this year without touching a single stock...
If you missed it, you can catch all the details – for a limited time – right here.
Here's to our health, wealth, and a great retirement,
Dr. David Eifrig and the Health & Wealth Bulletin Research Team
January 14, 2023
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Reader question of the week...
Q: What's the best way to get rid of visceral fat? – G.T.
A: We recently explained that when you're considering your health – and your weight – you should focus on visceral fat. The first layer of fat under your skin is subcutaneous fat (this is the fat you feel when you pinch your skin). Under that layer is the visceral fat – it wraps around your organs. Visceral fat builds as we age, when we eat fatty foods, or when we don't exercise.
The problem with visceral fat is that it triggers inflammatory responses and can even interfere with insulin. That means it's a contributor to ailments like diabetes and fatty liver disease.
There's good news, though... Our favorite diet is a proven way to help reduce visceral fat. According to a study in the journal Nutrition, Metabolism & Cardiovascular Diseases, folks who follow the Mediterranean diet have less visceral fat than those who don't. The data suggest consuming more unsaturated fats (like olive oil) than saturated fats (like in processed foods) helps to keep visceral fat in check.
Similarly, a Spanish study called PREDIMED found that over a five-year period, people who ate olive oil or nuts as part of the Mediterranean diet had smaller increases in waist size than those who followed a low-fat diet instead.
The Mediterranean diet emphasizes fruits, vegetables, fish, lean meats, whole grains, and olive oil. In addition to helping reduce your waist size, this diet also helps prevent cognitive decline and protects our gut bacteria. U.S. News & World Report also just ranked it the No. 1 diet of 2023.
So if you're hoping to get rid of your dangerous belly fat, start eating the Mediterranean way.
Keep sending your questions, comments, and suggestions our way. We read every e-mail... feedback@healthandwealthbulletin.com.
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