Comment by JumpCrisscross
Comment by JumpCrisscross 15 hours ago
> index funds have no inherent value, they (just like all stocks and other financial derivatives/instruments) are effectively a paper with one or another form of "IOU" written on it
What do you think a real-estate deed is?
> No one's gonna come and kick you out of it
Property tax. Title fraud. Mortgage fraud. Mistaken foreclosure. (Legitimate foreclosure.) Squatters' rights. Eminent domain.
The difference between real estate and financial assets is possession. But every time you're away from your home, you aren't in possession of it. And possession, control and ownership are three overlapping but ultimately separate concepts.