Stocks and bonds are the two most traded assets available today. However, like with any investment, both possess inherent risks that are associated with them. Nevertheless, one would be remiss in not properly paying attention to an international trade whose value today hovers around $18 trillion. In fact, it makes sense that bonds were the second major development in the realm of money. Governments, especially in the times of war, needed monetary aid in order to provide for their invasions and conquests. This doesn't necessarily persist as much into the modern day (where invasions and conquests are not nearly as common as they once were). Nevertheless, bonds are still a major player in the world of finance. Additionally, the advent of proper record-keeping and financial numeration from people such as Fibonacci is a major player in the realm of bonds becoming more and more influential up until the modern day. This use of ledgers has continued in some form since then, although of cou...
Comments