Welcome to the 14th edition of Weekend Wellness! Today I’m talking about diversifying life, specifically in the areas of finance, fitness, food & fun. I’m also sharing a gluten-free waffle/pancake recipe, perfect for the weekend!
We take risks every day. Sometimes your biggest risk might be eating lunch at the new diner, asking your boss for a raise, or just getting out of bed in the morning. Other days it might be rock climbing, betting on black 17, or the stock market. How can we minimize our risks, while still enjoying life?
Finance – Diversifying Life and Your Money
Diversification is a risk management technique, touted by financial experts, wherein you spread your monies over an assortment of assets minimizing the risk of any one asset harming your portfolio.
There are many articles on this topic written by people way smarter than me (2 linked below). But to paraphrase, to diversify your portfolio you want to look not only at different investment vehicles such as stocks, bonds, real estate, cash, commodities, etc. but also various industries, sectors, markets, etc. within those vehicles to limit your risk exposure.
If you own 10 stocks and five bonds, but all the stocks are for companies within the same sector you are not diversified. Trying to pick stocks yourself to create diversity can be tedious. Instead, you may choose a stock fund such as the Vanguard Total Stock Market Index Fund (VTSAX) and be completely diversified because of the assortment of holdings within that fund.
As you will learn, efficient diversification is not necessarily about having more investment vehicles but having the right investment vehicles.
Please take the time to read up on investment diversification to maximize your portfolio with the least amount of risk possible, starting with these articles below:
Diversification Beyond Stocks – Investopedia.com
Stocks — Part XXIII: Selecting your asset allocation – jlcollinsnh.com
Fitness – Diversifying Life and Your Fitness Routine
Effective runners don’t just run, great cyclists don’t just cycle, and the best American Ninja Warriors don’t just climb walls. So even us average folk shouldn’t just walk around the block and think we’re good.
Our bodies need to be tasked to stay in proper working order, and that requires more than one type of activity. Exercising for strength, cardiovascular fitness, flexibility, balance, coordination, and endurance is necessary to keep yourself active and healthy for an enjoyable future.
- Strength training – body weight exercises, resistance bands, dumbbells and barbells, exercise machines, kettlebells
- Cardio – run, walk briskly, cycle, swim, hike, use elliptical machine or stair-climber at the gym
- Flexibility, balance, and coordination – yoga, Pilates, stretching, tai chi, rocker/balance boards, large exercise balls
- Plyometrics (explosive bursts of muscle effort) – jumping rope, jump squats, burpees, box jumps
Additionally, within the different exercises, you can spice it up further by:
- Changing the weight and number of repetitions and sets
- Altering your pace or terrain
- Working out solo, with or partner, or in a large group
- Exercise on or at a different time of day from your norm
- Extend or shorten the duration or frequency
- Cross-train within one training session
- Increase your intensity
Food – Diversifying Life and Your Nutrition
Our bodies need a variety of nutrients – protein, carbohydrate, fat, vitamins, and minerals – to stay healthy and efficient. Too much or too little of one or the other can alter our body composition, decrease our energy levels, make us sick and cause disease.
A varied and diverse diet – vegetables, fruits, poultry, meats, seafood, nuts, seeds, etc. – will help to ensure we are receiving the right nutrients in the optimal quantities providing we do not over consume any and all foods.
- Add or substitute spices in a favorite dish
- Alter how you serve meals e.g. with a lettuce wrap instead of a bun or tortilla, as a salad entrée, on spaghetti squash instead of pasta, as a meat-za instead of a crusted pizza or breakfast for dinner
- Using the ingredients of a favorite dish with a different cuisine style
- Substitute a different protein
- Make sweet potato fries instead of regular fries
- Add greens to your smoothie
- Eat the rainbow, choosing different vegetables and fruits each week
Fun – Diversifying Life for Greater Fun
You’ve undoubtedly heard the phrase “all work and no play makes Jack a dull boy” so get up and get out to have some fun. And change-up your fun too!
- Host a potluck instead of meeting at a restaurant
- Visit a park with grills and enjoy a cookout there instead of your backyard
- Enter a race with a family member or friend
- Listen to books on tape or a podcast on occasion instead of reading a book or website
- Take a day off in the middle of the week just because
- Make a date with one of your children
- Do something you haven’t in years, like bowling, roller skating, skateboarding, or riding a bike
- ‘Create something’ – FreedomIsGroovy.com
- Take a class to learn something new
- Plan a vacation
- See a comedy show
I think you get the picture. Self-care includes exercising your social muscles too. Live, laugh, love, and have some fun!
Some of my favorite articles from around the web this week include:
– This motivating post by Miss Mazuma, “Make The First Move.”
– This educational post from Tim at Tub of Cash, “Don’t Buy Commodities (i.e. Gold)!”
– And this announcement post from CFSI, “#FinHealthMatters Day: Personal stories about financial health in America.” Somehow I was blessed and am one of five winners from over 70 blog entries – thank you to those that helped to make this happen!
How about you, are you diversifying life? Do you need to work on any areas for greater diversification? Let us know in the comments.
Wishing you another wonderful weekend ~ Spice it up!
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Gluten-Free Plantain Waffles / Pancakes
6 - 8 waffles (3 x 3 sized) or pancakes
2 large yellow plantains (2 1/2 – 3 cups)
2 tsp vanilla
3 tbsp coconut oil
2 tbsp coconut milk or rum
⅛ tsp salt
½ tsp baking soda
2 tbsp coconut flour
Add 1 tsp cinnamon, cardamom, ginger or other spice
Add 1/4 cup of finely chopped pecans or walnuts
Cut the ends off of the plantains, cut in half and slit the skin down one side.
Microwave for 2 to 3 minutes to soften. Cool and peel.
Using either a blender, food processor or mixer, blend all ingredients together.
Heat waffle maker or pan coated with coconut oil.
Cook waffles or pancakes to desired crispness.
Note: This information is being provided to you for educational and informational purposes only. It is provided to educate you about nutrition, exercise, and personal finance, and as a self-help tool for your own use. It is not legal, medical, or financial advice. This information is to be used at your own risk based on your own judgment. For my full Disclaimer, please view here.