Investing in Use Assets

Keith R. Fevurly

A chapter in Plan Your Financial Future, 2013, pp 143-152 from Springer

Abstract: Abstract If you think back in the financial planning process to when you first prepared your personal financial statement, you will notice that your home and automobile were properly listed as use assets and not as investments. Although a profit motive may attach to some use assets (particularly luxury automobiles or antique collectibles), generally such assets are purchased so you can make efficient and enjoyable use of them.

Keywords: Mortgage Lender; Mortgage Interest; Mortgage Payment; Home Improvement; Primary Residence (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-1-4302-6065-3_11

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DOI: 10.1007/978-1-4302-6065-3_11

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