Garbage: Nothing starts as garbage; it becomes so when materials used to protect valuables, like packaging, are no longer needed, or when objects become obsolete or worn out after their expiration date, such as second-hand goods. In essence, garbage results from the end of roles or functions, as well as the passing of values over time. Similarly, the mind follows this process. The defense mechanisms of the mind, which I once valued for self-protection, may also become garbage. When they are no longer valid or worth protecting, we may cling to them, though they are mere illusions. Just as with physical waste, mental garbage should be discarded rather than kept. - Joseph’s “just my thoughts”
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 Interest is paid because the money isn’t withdrawn immediately.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 C...