introduction

introduction - FINANCE431 Investments Lecture 1:...

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FINANCE 431 Investments Lecture 1: Introduction
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FIN431 Investments 2 Overview Real Assets vs. Financial Assets Taxonomy of Financial Assets The Investment Process Key Concepts Time Value of Money Risk-Return Tradeoff Diversification Market Efficiency
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FIN431 Investments 3 What is Investment? An investment is the current commitment of money or other resources in the expectation of reaping future benefits. It is an intertemporal choice. It might involve risks.
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FIN431 Investments 4 Real Investment Corporations Government Financial Intermediary/ Banks Individuals Consumption Real  and Financial Investment
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FIN431 Investments 5 Real Assets Productive factor inputs that can be owned Buildings/Factories Machines Human Resources Labor (time/effort) Human capital (education/skills) Natural Resources Land Raw materials Energy Knowledge Durable consumption goods
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6 Durable Consumption Goods
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This note was uploaded on 04/09/2012 for the course FIN 431 taught by Professor Sun during the Spring '12 term at Old Dominion.

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introduction - FINANCE431 Investments Lecture 1:...

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