Effective ways to quit smoking

There are millions upon millions of people who smoke cigarettes daily. Cigarettes have been proven to be the cause of many different types of cancers, diseases, and the like. Smoking can also exacerbate underlying illnesses such as stomach and intestinal problems and neurological diseases. Smoking has long been revered to be almost twice as hard to quit as heroin and some other street narcotics. The most effective ways to quit smoking involve planning, mindfulness, and determination, as they play a big role in self-discipline.

Planning a quit date then reducing smoking accordingly

e5rtyttrFirst, a useful way that has helped many people quit smoking is planning a quit date and then slowly working your way to that date. It is thought that you can step yourself down from nicotine dependence, but there is much more to cigarette addiction than just a chemical dependence. As you know, there is chemical dependence and physical dependence just like there is with other narcotic addictions. You must pledge your mind when you are working towards that quit date, or you will probably never make it.

Carrying an unopened pack of cigarettes

It is said that some people carry an unopened pack of cigarettes to remind them that they have quit and served as a visual aid in reassuring that it is there, but they do not need it. This is doing quitting the hard way and is not recommended for everyone. It promotes mindfulness, which is an important part of quitting smoking.

Mindfulness meditation

Cravings are the worst part of cigarette addiction, but you can help negate the cravings by acknowledging them and taking a moment to take a deep breath and reaffirm yourself with your commitment to staying quit. Mindfulness helps because it helps you develop insight as well as self-discipline.

Wearable technology

With the rise of wearable technology such as Fitbit and the iWatch, it is becoming easier to raise your self-awareness as to what you are doing. A very new type of technology is immerging on a splitting of a different branch of wearable technology. Spire and Pavlok are wearable technological devices that help guide you in being mindful. Spire is a device that measures stress and reminds you when you need to take deep breaths due to the rate of your heart and other factors.ertyujhghfgd

This is useful because when you quit smoking, naturally, your heart rate increases. Spire helps you take a moment to collect yourself and do some light meditation or breathing exercises. Pavlok is a habit reinforcing wrist device that delivers shocks to help bring your mind into what you are doing. You use Pavlok by pressing a button that administers a mild to moderate shock much like the Rubber-band technique.

Useful investment tips and advice for retirees

Investing for retirees are tricky. Once you retire, you don’t have the security of an incoming paycheck, and this increases the need for wise and safe investments. Even if you don’t have a steady earning as a margin for adjustment in case things go awry, you can still invest properly after retiring. You just need to have a good strategy.

Useful investment tips and advice for retirees

1. Invest in the stock market

45tryhfgdfsdFor years, the notion is that fixed-income asset such as CEFS, preferred stocks, and bonds, are better investments because of the steady income stream they give due to their interest payments on the securitized debt. However, times have changed. We no longer see high-interest rates for fixed income assets. Now, the interest rates of such assets, from corporate loans to muni bonds, are too low, making them unattractive to most investors.

The wise thing to do is to focus on investing in the stock market. We see a yield on the S&P 500 that is comparable to the yield on 10-year Treasuries. The dividends are sky high, making the stock market a better place than bonds for your retirement fund.

2. Don’t rely too much on “low risk” strategies

The most common concern among retired investors is the need to avoid catastrophic loss, so they tend to stay safe using a low-risk investment strategy. However, such a strategy will not address another one of their goals which are to grow their investment portfolio enough to sustain them throughout their retirement years.

This warrants the need for a moderate-risk investment strategy, one where there is more room for growth than a low-risk strategy. If you must have a low-risk investment, then what you can do is to allocate one part of your portfolio in a moderate-risk investment, and you’ll see more yearly and long-term returns.

3. Take advantage of stock’s special tax status

Here’s another benefit to investing heavily in stocks. The U.S. government has granted a special tax status for dividend stocks which says that investors in the 10% to 15% tax bracket for ordinary income can enjoy qualified tax-free dividends. Those whose ordinary tax rate falls between 15% and 39.6% will pay only 15% tax. Those falling upwards of 39.6% will only pay 20% tax. You won’t see tax rates as low as these in bonds. Do the math, and you’ll see how big you can save because of this special tax status.

4. Don’t be afraid to diversify

e4567tutsrDespite the higher risks involved in investing after retirement, retired investors should not be afraid to diversify their portfolio. If the majority of your current portfolio is fixed-income assets, it’s time to consider allocating more to stocks. You’ll see greater yield and also enjoy the special tax status.

Remember that your goal is not only to avoid high risks as much as possible but also to get sustained yields for the years to come. There are many cases where the portfolio of retired investors has failed to produce the needed income to sustain their needs and lifestyle because of too little growth. Given the right strategy, which is a mix of low-risk and moderate-risk investments, you can certainly achieve this goal.