Quote:
Originally Posted by woj
I'm not sure having ability to transfer is a requirement for an investment...
- buying a bond that is impossible to sell would still be an investment...
- calling going to college an investment would probably be fair too I think (even though it's not transferable), you "invest" years of your time + ton of $$ in tuition to get an education, with an expectation of getting a profitable job when you get done...
"An asset or item that is purchased with the hope that it will generate income or appreciate in the future."
where would buying a "put option" fit into that definition? it doesn't generate income, nor does it (usually) appreciate in value... in combination with other assets, sure it could be considered a part of an "investment"...
but buying a "put option" by itself, is hard to justify calling it an "investment" using any but the broadest definition... better definition would be a short term speculation/gamble...
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Can you give me an example of a financial investment that I can't use your twisted, problematic understanding of language to make sound like something that isn't an investment?
It seems as if with your understanding of the word, nothing is an investment if you can describe it fulfilling some other purpose.
In fact, don't bother. This is such a boring discussion.
I'll just end with saying that you're totally right. None of these things are ever an investment.
