This is silly. An investment is an expenditure of resources today, which pays off down the line. Dinner at a restaurant? Not an investment (unless you believe in investing in memories, which I believe stretches the metaphor slightly). An Xbox? Sure that’s an investment that pays dividends in entertainment over time. It’s a pretty short term since it’ll be obsolete in 5-7 years. Investing in a house w a neighborhood you love? Assuming you stay and love it, absolutely an investment and a long term one — maybe pays off for the rest of your life!Not all returns pay out in cash. To think otherwise is to financialize your whole life, to know the value of money but nothing else.
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