Posts

Showing posts from December 23, 2021

Trading in shares/stocks

Post retirement ? One need to generate enough income to maintain lifestyle without exposing own assets to much risk. There are few ways by which retirees can earn like saving accounts, pension plans, social security payments etc. I am discussing following option which, in my view among others, can also be a better option, if considered seriously.  The idea of trading goods takes us back to earlier civilizations when businesses combine their funds to take ships across to other countries. During the middle ages, merchants assembled in the middle of town or coffee shops (in London) to exchange and trade goods from countries worldwide. Since these merchants were from different countries, need arose to establish a money exchange where trading transactions were to be managed fair. This was also required for people who needed to borrow funds and where wealthy merchants lend their money at high rates.  These merchants would then sell bonds backed by these loans and pay interest to people who p