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Wealthwoke Weekly Whammy #5 – 29 March 2019

Wealthwoke Weekly Whammy #5 – 29 March 2019

Happy Friday

It’s been 1 month since Wealthwoke launched – and what a month it has been for our community!

Over the last 30 days we have had over 2 500 unique users visit the wealthwoke.com blog, logging over 6 000 page views. Our Facebook community has grown to over 1 300 followers, with other social media platforms quickly gaining traction too. Wealthwoke has featured on a number of mainstream media outlets, including Biznews, Fin24, Cape Talk, CliffCentral and Asset TV.

Most importantly though, the feedback I have been getting from our community is really positive, with plenty of messages of support and encouragement to continue on this journey. Thank you so much to everyone who has engaged with Wealthwoke over the last month. Please keep sharing our emails, posts and articles so we can continue to spread the word and grow our community.

To make sure we continue addressing the topics you find valuable, or if you have a story to tell that you think would resonate with the community, please message me on Facebook or Twitter, leave a comment on the blog, or email me on elian@wealthwoke.com. I would love to hear from you.

 

Here are my hot tips for the week:

 

THINGS I TRIED

Visiting a naturopath

As I mentioned in a previous post, two years ago I was diagnosed with Hashimoto’s – which is an auto-immune disease. The doctor put me on a drug called Eltroxin which is meant to stabilize my thyroid levels. While my recent blood tests have shown the drug is working, the inflammation levels in my body are still high and I get weird (and excruciating) pains in my joints from time to time. This is pretty unusual for a fit guy like me who plays some form of sport almost every day.

So, after some prodding from my yoga teacher/nutritionist wife, I went to see a Naturopath this week to see if there was a way to treat my condition using more natural techniques. Naturopathy is defined as a system of alternative medicine based on the theory that diseases can be successfully treated or prevented without the use of drugs, by techniques such as the control of diet, exercise and massage.

First of all, the appointment with the naturopath lasted almost 2 hours. She did a thorough review of my test results and asked a lot of important questions about my diet, family history, habits and symptoms. I thought this was refreshing as I often feel like a widget on a factory line when I visit some medical professionals – get in, get some drugs, get out.

Without going into the details, she has provided me with a comprehensive eating plan, as well as natural supplements like curcumin and magnesium, which are aimed at reducing inflammation in my body.

The cynical part of me feels like I’m trying to knock a whale out with a feather, but the Wealthwoker in me tells me to be open to this and give it a full go. I will keep you posted on my progress.

If you have a similar story to share with the community, please let me know.

 

THINGS I READ

The Industries of the Future
By Alec Ross

If you are anything like me, you probably have this nagging concern about how you and your children will find their place in this rapidly changing world.

The book mainly explores four of the key developments that will change the way we work and live – robotics, genetics, coding and big data. The book also touches on how to prepare children for success in a world of increasing change and competition.

While all this is great, I liked the book mainly from an investment and business perspective. It’s useful to understand where these industries of the future are being fostered – such as robotics in Japan and Germany and genomics in China. I figure it’s easier to predict the next big investment opportunities if you know where to look for them.

Ross reckons while there are already parts of the world that are suffering due to their failure to embrace new technologies, the next few decades are going to see this situation intensify. He believes that only those countries that are investing heavily in the industries of the future will succeed.

That’s pretty worrying from a South African perspective. However, he also expects that less developed countries may be able to leapfrog technologies in robotics much like they did with cell and mobile technologies.

I have read quite a few articles and books that predict what the future will look like from a cultural, economic and geo-political perspective. This is one of the best of them.

 

The only metric of success that really matters is the one we ignore

Article in QZ.COM

This is probably the best article I read all week. It discusses the importance of community as a metric of success. I have found that a lot of “self-improvement” books are just that – a focus on the self. While there is obviously value in that, they often miss the undeniable truth that one of the paths to true happiness is through our connection to others.

The author of the article also writes: “I used to think that community was as simple as having friends who bring a lasagne when things fall apart and champagne when things go well. Who pick up your kids from school when you can’t. But I think community is also an insurance policy against life’s cruelty; a kind of immunity against loss and disappointment and rage.”

This loss of community connection is something that has been bothering me for a while and the article addresses it perfectly. I sometimes feel that of all the dimensions of wealth, I have neglected this one the most. In today’s world, I don’t think community should necessarily be limited by proximity. Rather, for me, community is belonging to a tribe of people who share my values and who I can be my authentic self with. Its the people i would trust to be there for me when I need them and vice versa. While some of these tribe members go back a long way, the bonds need to be continuously renewed. I think its also important to welcome new tribe members in.

I know I need to do more to strengthen my connection to my community as part of my journey to Wealthwoke.

Whatever your thoughts are on the matter, the article is worth the read.

https://qz.com/1570179/how-to-make-friends-build-a-community-and-create-the-life-you-want/

 

Have a great weekend, Wealthwokers.

Elian

Elian Wiener

After growing up in a small dustbowl town, I obtained an honours degree in finance and investment, worked as an asset consultant, financial journalist and corporate communications consultant, started and sold one of the country’s largest PR agencies, got married and divorced, and married again, had two beautiful daughters and fought valiantly (if not always successfully) to dominate the tennis world. Despite these efforts, my greatest journey is still before me – the journey to becoming truly Wealthwoke.

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