4 ms·
That's the difference between assets in general, and investment vehicles, which are a very particular kind of asset regulated by the SEC.
by philipov 7y ago
That's the difference between assets in general, and investment vehicles, which are a very particular kind of asset regulated by the SEC.
- ncallaway 7y agoYes, but most investment vehicles are assets (or are eventually backed by assets). Real estate, and the various loans and derivatives, all eventually end up at real, productive assets that you might want to own. Stocks and the various index funds and derivatives, all eventually end up with ownership of a company. A company which, if profitable, can pay dividends back to the owners. I'd argue that it's a much rarer class of investment vehicle which is purely speculative.
- philipov 7y agoIf you have a house you ever intend to sell, you will also try to make the neighborhood it is in sound more attractive, to increase its sale value, regardless of whether you can extract utility from it.