Re:“We already store data. In a database. It works well”
by philipov on Tuesday February 11, 2020 @08:25AM
(#22298251)
That's the difference between assets in general, and investment vehicles, which are a very particular kind of asset regulated by the SEC.
Re:“We already store data. In a database. It works well”
by ncallaway on Tuesday February 11, 2020 @10:18AM
(#22299093)
Yes, 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.
Re:“We already store data. In a database. It works well”
by philipov on Tuesday February 11, 2020 @11:49AM
(#22299913)
If 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.
When you buy (e.g.) real estate you can get value out of it without thinking about selling it for a profit later. Especially if it's your primary residence.
Same with most vehicles: they depreciate over time, but there is utilitarian value in the asset. Unless it's Steve McQueen's Mustang or something.
Not every "asset" is about ROI.