I wrote this post in August 2014 comparing Betterment to Wealthfront, so it's been about 15 months, and I thought it'd be a good time to check in on relative performance, as a buddy of mine recently wrote:
"I saw your post on betterment. I'm thinking of moving everything over to a roboinvestor. What's your thinking on betterment vs wealthfront, and whether you'd just dump everything on there?"
As I wrote in my original post, I put $5k into both Betterment and Wealthfrontto test them against each other. To date, both have under-performed the S&P 500 by a considerable margin. S&P is up 10% since August 2014. Betterment is down by 2% and Wealthfront is down by 5.4%. So, should I just have invested in the S&P 500? And as per my other previous blog, Show Me The Money: Six Strategies to Put Your Cash to Work, how should I re-allocate based on this new data? And what would I recommend to my buddy? Let's dig into the data a bit to come to a conclusion:
I'm about to take you down a deep rabbit hole, on a path that will challenge what you believe about nutrition and health. This is a journey of experimentation, and I encourage you to keep a very open mind, and in fact, I hope you decide to experiment with these themes yourself. I'm not a nutritionist or doctor, but I am very passionate about finding ways to optimize my body and health (especially as I age), which is why I've been doing intermittent fasting for the past five months -- and that experience has been life changing. I've gone from XL to medium sized shirts, from a 38 to 32 waist, and most importantly, from 34.7% body fat to 24.5% (and my goal is to get under 20%). Intermittent Fasting has put me in control of my body for the first time in my life.
And just when I felt that I was really starting to figure it all out, this rabbit hole opened up. And it's called ketosis.
In addition to intermittent fasting, I'm experimenting with ketosis through the end of 2015, which is triggered by eating a ketogenic diet comprised of 75% fat, 20% protein and 5% carbs. Yes, that's right -- in order to lose fat and become healthier, I'm going to eat mostly fat. The mind blowing counter-intuitiveness of that statement is why I'm writing this blog.
But before we can talk about this ketogenic approach to nutrition and health, we have to understand how the body uses two energy sources -- glucose and ketones -- and why, with your diet, you are probably only ever tapping into glucose (and how that may be making you unhealthier, especially as you age).
When I turned 39 last year, I knew I was in trouble, and although I hadn't recognized quite how bad my health had gotten, I knew enough to realize I had to do something about it. On my 39th birthday I vowed that by 40, I would be back in the kind of shape I had been in a decade earlier, when I'd turned 30.
Today is my 40th birthday, and I've not only hit that goal, but surpassed it. I might be in the best shape I've ever been in. I'm in much better shape that I was when I turned 30. Possibly even better shape than I was when I turned 20, back in 1995. In this blog post I'm going to share how I did what I never thought I'd be able to do: Take control of my body and health for the first time in my life, which would require me to overcome my genetic predispositions and a tortured relationship with food.
The formula is equal parts motivation + relationship w/ food + relationship w/ exercise. So let's break it down in that way:
We are renting out our two bedroom guest cottage, which is situated on a private estate in Belmont, CA.
Here's a video describing the house and grounds:
It just blows my mind how little we know about our bodies and how to keep them healthy. Most people I talk to aren't happy with the state of their bodies. They either feel like they're too fat, or too skinny, or some other complex. And it's not just feelings -- many people, especially on the Western diet, are too fat. And in fact, are clinically obese but don't know it. That described me for a decade. I was literally on the verge of metabolic syndrome and didn't even know it. That's incredible: I was putting my self at double the risk of coronary disease, diabetes and a slew of other diseases and I didn't even realize it. I see that same benign neglect of the body in most people around me. There's a general dissatisfaction of their bodies, but very little action taken to improve it, and I think it's because most people are a combination of confused as to what the best path forward is, and reluctant to make big changes without being sure they're making the right ones.
So while I don't necessarily have answers, I can offer a plan to help you begin your journey to figure it out, and the good news is, it's a very simple plan and so easy to follow that I guarantee this will work for you like it has for me. (Or "Your money back!" so to speak) You just have to decide you want to try. Here it is, step by step.
Step 1 in DROdio's "Achieve Your Body Goals" Plan: Adjust Your Attitude (Seriously.)
The very first thing you have to do is decide to take control of your body's fate, and not to let yourself feel like a victim. You are not a passenger along for the ride. You are driving. You have to believe that you impact the outcome with your actions, because you can, and you will. I have. For over a decade I felt like a helpless passenger. As my metabolism slowed down, I'd continue to put on the pounds and couldn't figure out how to stop it. I started hating the scale; hating that I was becoming someone other than who I knew I really was. It wasn't until I took this first step that I was able to take control. You have to really want to do this.
One of my best "get things done" tricks: is that I focus on the "last mile" of whatever I'm doing.
Here's a picture to illustrate what I mean:
Most of the work went into building I-40. But for the three houses in the circle above that live off of Lomaki Road, most of the value came from the last mile of service roads that were built to make the interstate accessible.
I see people spending a bulk of their time on the big parts of a project -- the equivalent of building I-40. But then they leave the service roads -- the details -- un-built, which means they never actually unlock that value.
When Isaac, Ben and I started Armory late last year, I found a lot has changed since starting my last startup, Socialize, in 2008. There's a suite of new tools available to instrument a startup that didn't exist eight years ago, including:
I haven't yet blogged much about Armory because we've been busy building. But if you'd like to learn more about the Software Revolution and how Armory is involved, head over to our Company Manifesto. I've also written a CEO Manifesto that describes the main jobs of a CEO in a startup (and the importance of creating a Tribe culture), and if you're interested in working at Armory, take a look at why life is awesome over here!
If you're generally interested in startups, head over to my "So You Want to Start A Company..." hackpad with my best tips on startups.
"Experience is what you get right after you need it." - James C. Wofford
Armory is the startup I've always wanted to create. I'm applying everything I've learned over the past fifteen years from previous startups.
Below are some of those startup lessons explained as a series of Matryoshka Russian stacking dolls, with the customer sitting at the center, encompassed by product, company and tribe.
Build The Product Around The Customer. This sounds obvious, and I thought I knew how to listen to customers, but I've never done it like this before, and now I see companies of all sizes missing opportunities to build value around their customers' needs.
If I directed you to this post, it's probably because you referred to me as "Dan" rather than "DROdio". (Don't feel bad about it, it happens all the time -- that's why I made a blog post about it).
Here's why I prefer DROdio: My full name is "Daniel Rubén Odio". I'm a first-generation American; my father came to the US from Costa Rica when he was in his 20's. I've lived in both Spanish and English speaking countries. My initials, "DROdio" let me share my cultural background as a part of my name. Plus, people enjoy calling me by my initials :)
PS while you're here, you might enjoy checking out some of my other blogs:
I've never tried this myself, but I've heard it works extremely well -- and in fact, I'd love for someone to try this and then post a comment on this blog (ideally w/ pics!) describing how it goes:
As I've written about in the past, I've learned with Armory about the importance of putting customers at the center of the company's focus.
If you're the founder of a B2C startup, here's a great way to interview prospective customers: