Seonglae ChoCapital Income
Assets should never be valued in absolute monetary terms. Since assets move proportionally, the perceived difference between 2 billion and 10 billion should be understood similarly to the difference between 10 billion and 50 billion.
An asset’s value is not fixed by a given currency; it fluctuates with human desire and utility. Measuring an asset’s price movement only against a specific currency creates many distortions. For example, a rise in housing prices may simply reflect a decline in the value of money, an increase in the asset’s intrinsic value due to nearby development, or a stronger desire for housing.
It is important to understand that an asset itself can become income, and that these two concepts are not separate.
Asset Types