Saturday, January 10, 2009

The Risk of Stress

Risk is all around, all the time. Acceptance can help manage and in some cases control the associated mental stress. This risk can range from large scale events which are being tackled collectively by the best minds to the day-to-day challenges that individuals face. The larger or more complex the risk is perceived by an individual, the less stress that individual may suffer. For example; if an individual suffers a stroke, this event though long lasting and high risk will most likely give that individual less stress, than if the same individual owed money to a living landlord.


Plans to manage the risk of a catastrophic natural disaster; the earth being hit by an asteroid, an earthquake, a storm, a drought leading to famine, are all being fine-tuned. People will perish as a result of a natural disaster, with or without early warning systems. All that can be done for survivors is to implement a sound rescue and disaster assistance plan in the aftermath. Standing ready with; (1) the latest state-of-the-art heat sensing equipment to locate survivors, (2) light digging tools to avoid cave in for physical rescue, (3) medical evacuation for those in need and (4) bottled water and canned meals for people cut off from normal supplies, all in an effort to minimize and reduce stress levels.

Risk of man-made disasters; wars, poor planning and construction, aircraft or other transportation vehicles crashing, are being addressed. A world without wars, a dream that can come through, with all land disputes selected and agreements respected allowing the focus to be on safety. Safety in building practices involves; (1) dismantling densely populated areas by decentralizing work opportunities, (2) supplying water, industry and shelter to previously starved areas and (3) building strong vertical communities using less land for more people. Safety in transportation systems requires safely moving large groups of people or bulk cargo to required destinations. People will naturally choose safety to reduce stress.

Risk to communities; water, sewerage, electricity, communication, garbage, crime, are being managed by professionals. Communities are designed and built to share vital services commonly used by families and individuals to improve living standards. Services which require central operations, such as; (1) clean pipe borne water delivery, (2) sewerage treatment and managing waterways, (3) dependable electricity supply and (4) reliable communication system, must all be planned and expanded to accommodate the growth of the community. Other specialty services, such as; (1) solid garbage collection treatment and disposal and (2) policing to deter and detect crime, require an ongoing presence. If managed efficiently the risk of communal diseases and high levels of crime will be drastically reduced, therefore diminishing stress levels.

Risk to family and individuals; income, healthcare, education, housing, inflation, savings and investments, are manageable. Many people throughout history travelled far and wide to escape poverty, seeking out the best income opportunities to improve their standard of living, the best healthcare and education for their family with affordable housing. For many described as middle class, the greatest risk is to manage increases in basic cost of living or inflation surrounded by fear of long-term illness to any family member which can deplete all savings. The answer to reduce family and individuals stress is not to stretch savings but to generate more from investments by mixing portfolio management (returns on stocks and bonds) and decision-making (appointing the right people).

The increased use of medication to manage stress can only be beneficial if the source of stress is identified.

Rationale

T.A.J & Associates Company Limited uses this occasion to comment on topics that have been covered, both academically and by the mainstream media, to add its opinion and point out investment opportunity, not to invoke any social action.