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Uurghh, not a very sensible article. High on principle but low on practicality. Think what you like about owning a company versus share investing as a good way
by tezza 17y ago
Uurghh, not a very sensible article. High on principle but low on practicality.
Think what you like about owning a company versus share investing as a good way to build a nest-egg, this is not the crux.
Shares and cash are exchangeable to other parties.
A stake in your company is not exchangable
So that's the main difference, unless your pet company has lots of cash-at-bank which you can draw on, you cannot easily liquidate a portion of your company for cold hard assets.