Thursday, October 05, 2006

Finance

You think Bond and Equity are the only thing? You have Bond-callable, convertible and those packaged with warrants. You can exercise the warrant to buy stock, you can choose not to exercise it (in this case, I choose not to exercise SUMOOO), you can convert the bond to equity, you can choose to call back the bond and pay some money then issue a bond with higher yield-to-maturity.
You have stocks, you can have preffered stock where you are preffered to be paid out at a rate and before common stockholders in terms of liquidation but they can still choose not to pay you dividends and you cant do anything about it and you cant vote, you can have common stocks, desire capital gains or dividens. Humph... finance people are so smart. They design so much ways for you to gain (lose) money. -_-
Hmmm, Finance is fun
Back to studying Asian Financial Crisis. (See Finance is so cool! She even has a Crisis named after her, you dont hear Asian Engineering Crisis or Asian Law Crisis or Asian Medical Crisis right? And Econs is cool too, hence the Asian Economic Stability! OHOHOHOooo)

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