Wanderlog

  Explain the main difference between a bond and a common stock.        First and foremost, a bond and a common stock can be distinguished in terms of its meaning. Stocks known as equity instruments that are traded on stock exchanges and represent an organization's ownership position, as stated by Miller in 2008. When stocks are sold all at once, bonds are swapped in place of the stocks. Hence, we can say that bonds are financial securities that guarantee to repay the principle amount and interest at a later period, which it also considered as a debt.       Second, in the issuers term, stocks are only provided by businesses that seek to raise money for expansion projects and future corporate growth, or because the owner wants a sizable lump sum of cash as compensation for the hard work, they have put into building the business. While for the bond, companies, financial institutions, and governments all issue bonds to borrow large sums of money...

30 April 2023, Kuala Lumpur - It all started with a suggestion. I can vividly recall the day when I suggested Dapur Jalanan Kuala Lumpur (DJKL) to my group of eleven as part of our SULAM project. As a member of a university community partnership project called SULAM, I was tasked with finding a volunteering opportunity for our group of nine. After hearing about DJKL from a friend who was once involved with the organization, I suggested we volunteer at their soup kitchen in Kuala Lumpur. Little did I know that this decision would lead to a transformative experience in my life. At first, I was sceptical about the effectiveness of yet another soup kitchen in Kuala Lumpur. The first thing came to my mind when the soup kitchen has been mentioned is “excessive of food” and “waste”. I used to think that there were already many NGOs distributing food to the homeless in Kuala Lumpur, and sometimes the excess of food would go to waste, especially during fasting month. However, DJKL p...