Many people in our society invest in bonds. Perhaps you, reading this article, have invested in bonds at least once and are still investing now. Bank deposits are a form of bonds, just not labeled as ‘bonds.’ When you deposit your money in a bank, the money isn’t considered bank money. Interest is paid because the money isn’t withdrawn immediately. When you withdraw your deposited money, the bank must return the principal plus interest. This is essentially a bond. However, the only reason this differs from bonds as an investment asset is that these bank deposits are not traded on the market. If bank deposits were traded publicly, the interest rate would be evaluated in comparison with other deposits, even if the principal remains unchanged. Valuation reflects opportunity cost. This is the transaction value of bonds. When goods or assets are traded in the market, their value is re-evaluated. The core of value is comparison, and the tool for valuation is opportunity cost. That’s why CEOs...
Treating relationships between people is the world's hardest and most difficult thing. Most hard work mentally means feeling some troubles in the relationship among the people. If you feel so tired from your ordinary life, go deep inside of your mind to find the stresses from the people out, then you should take a rest enough. A rest gives us the power to stand for passing our lifetimes by, not to move the stresses themselves out. After all, time is medicine. - Joseph's "j ust my thoughts"