Frustrating as hell, YTM makes life difficult for many students. This is how I finally understood it. By definition from Investopedia: “The yield to maturity is the estimated annual rate of return for a bond assuming that the investor holds the asset until its maturity date and reinvests the payments…

The interest rate that baffled me. — Compound Interest Terminologies When thinking about compounding interests of your investment, you need to take into account compounding periods m, nominal rate r as well as the compounding frequency t. Nominal rate r is typically the quoted annual rate. Compounding periods m means how many times we are cutting up one year for…

And why do I travel differently. — When people have a bunch of free time, they let their mind wander. Some think of hitting the gym; some go back to their bad habits; and many others. I think of travelling. And whenever I do, I cannot help but think of crazy travel ideas. Trips that are symbolic…