Buy low, sell high is applicable to trading securities which is only a minor part overall of personal finance.

Personal finance in its whole is a system for managing the flow of one’s money in an optimized way which both minimizes losses to taxes and interest while maximizing ROI.

A great starting resource is the Bogleheads wiki: https://www.bogleheads.org/wiki/Getting_started

They provide general flows to managing personal finances.

Don’t underestimate their tactic. For the republican presidential campaign, they will recognize only one of two outcomes: victory, or election tampering/fraud/manipulation. And, the wider the margin of win, the stronger the rhetoric will be.

Lean into this and always have a lengthy, detailed presentation ready to go at the drop of a hat. Just an absolute knowledge vomit.

They’ll do this once and never again.

Pattern of symbols incorporated into a number of banknote designs. Many printers, scanners, even software will prevent loading the document for processing if the constellation is present.

Everything old becomes new again.

This is an aviation navigation beacon called a VOR, VHF Omnidirectional Radio beacon. The successor to NDB (Non-directional Radio Beacon), and the predecessor to GPS.

https://en.wikipedia.org/wiki/VHF_omnidirectional_range

Infinite Improbably Drive in Douglas Adams’ Hitchhiker’s Guide to the Galaxy.

I had no idea these tomatoes start the process at the size of a small sedan.

One I’ve heard: a guy was giving another guy some shit for drinking a “girly drink”, saying “real men don’t drink those”.

The guy instantly responded, “Real men drink whatever the fuck they want.”

All planes land, some more controlled than others.

Take-offs are optional; landings are mandatory.

It’s what it’s.

Relevant XKCD, as always:

XKCD//2347

Worked at a business which offered reduced pricing for kids. Front desk was trained in the habit of asking, not how old the kids were (because parents had trained them to give the age under the pricing shelf), but “what grade are you in this year”?

Not having prepared for that particular question, the kids would always answer honestly, and we could derive their age and charge accordingly.

I wish I could find it now, but there was a quote attributed to someone suffering under an oppressive regime which would blatantly lie, and yet it remained accepted: “The lie is the insult.”

This helps explain why days seem shorter as we age, the Earth is spinning faster due to the conservation of angular momentum. The days are literally shorter.

Except for the part where all that’s been preempted by organizational settings.

Out of the box, Apple does fairly well.

Absolutely insane.

Just get a tattoo of their name like the rest of us.

The brightest star in the sky is not the North Star (Polaris). If you follow the brightest star in the sky you will follow a planet and travel some curved path.

How to really find Polaris:

Some quick math on what this looks like:

Assume $70k median income, this means passive income would need to be $140k. In order to get $140k/yr one would need $4M to draw down at 3.5%/yr and meet that goal.

To get to $4M, using the following assumptions: 20% savings rate (not accounting for inflation, raises, bonuses, etc) per year and a 10%ROR on the index funds would take a little more than 35y.

It takes a substantial amount of discipline to do this. If one could make $70k/y starting the year they turn 18, it could be done by the time they’re 53.

Exposure and repetition through low stakes practice.

When you are out and about, think about what you would do if x happened to y at the moment you’re there. Standing in line behind an older person and suddenly they collapse? Be observant and notice if they seemed stressed, swaying, or uneven on their feet; be ready to slow their fall—place them into the recovery position and point to someone and say “YOU, call [emergency service number]”.

There are many aspects and many levels of preparedness. Decide up front to what extent you will be involved.