Two things I believe everyone should have at least some working knowledge about are: Finance and Health.
At one point or the other, you have to make decisions about those two things. While you can get some help about, the decision making still lies on you.
Working knowledge on them will help you.
Health
You can't escape it. You need to be healthy and maintain healthy habit to get by in life.
You can't cultivate unhealthy habit and not expect repercussion.
Staying abreast of what it means for you to be healthy is a life saver. Everyone should know about basic first aid treatment. Pay attention to the own health is important. When you have a family, it has to be your family.
Finance
I am fond of saying there is a reason why personal is attached to the name "personal finance"
In reality, no one can navigate your personal finance for you. At best all they can do is provide you with resources to think right and it is left to you to decide.
Understanding how to think about your condition and making informed financial decisions will save you more than you can ever imagine.
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Your experience, thoughts and observations on money, finance, investing, stocks and the likes are welcome.
The guiding principle is UTILITY. That is, anything you write must be useful to the reader. It should spur them to do something. Either to act, change their mind,
start doing something, stop some others and the likes.
”As their acceptance increases, their reliability tends to diminish”
This is one of the greatest ironies of the stock market and it permeates all spheres of life.
When theories are about to be formed we resort to data from the past. Upon examining this data, we tend to draw our explanation of the past.
Once this explanation of the past is generalized enough to form a theory that can guide the future and becomes generally accepted,
its reliability starts to decline.
I found this mystery in the stock market.
Here's why it happens that way:
Price is a conveyor of information, many times you don't need to know what has happened to an asset all you need to do is see what the price is saying.