We usually think of “investment” as giving effort or money to someone. But investing is more about exchanging what you have for some value, and the object of the investment has some worth rather than just giving something away. Some exchanged values can be monetary or moral. If I swap my cash for moral and social benefits, it becomes a religious or social contribution. However, if the object of exchange is an asset with a specific monetary value or potential for profit, it is an economic investment. The world is designed to facilitate some form of value exchange. The main idea of investing is to trade low volatility for high volatility and then switch back to low volatility over time. The former is called an investment, and the latter is called an exit. Cash tends to be less volatile, while stocks and digital coins are very volatile. By exchanging assets with small volatility, stability is maintained, but wealth is not necessarily increased. - Joseph’s “just my thoughts”
The professions that people admire in the United States include police officers and firefighters. Another group of people is carpenters. A key concept in economic activity is “independence,” which means the ability to earn a living on my own. Carpenters and masons are vital for constructing houses and cities, and the skills involved in producing or creating something are crucial to achieving independence. I cannot leave my future in someone else’s hands. Poverty also implies that I am enslaved. - Joseph’s “just my thoughts”