---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/39542756.md"
description: "I'm pondering a cliché question: what are some things that everyone considers assets, but are actually consumer goods (negative assets).My definition of an asset has two criteria: 1. It generates stable positive cash flow under the premise of continuous value preservation;2. It has stable and certain long-term appreciation, and it's highly likely that its market price will outpace inflation overall.According to this standard, cash, most real estate, cars, educational qualifications, and most common luxury goods are consumer goods or negative assets. Of course, a good business model might transform a negative asset into one that generates cash flow.From the same perspective, which of the securities you hold do you think can be considered assets, which are chips (speculative instruments), and which are consumer goods?In the market, do you prefer assets, chips, or consumer goods?"
datetime: "2026-03-26T10:06:45.000Z"
locales:
  - [en](https://longbridge.com/en/topics/39542756.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/39542756.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/39542756.md)
author: "[輸棟樓的韭菜](https://longbridge.com/en/profiles/10647684.md)"
---

# I'm pondering a cliché question: what are some thi…


## Comments (13)

- **兔兔不矮油 · 2026-03-26T17:29:08.000Z**: Still prefer physical gold; once it's bought, its rise and fall no longer concern me.
- **很稳的老帅哥 · 2026-03-26T12:30:43.000Z**: Cash is also a high-quality asset.
  - **輸棟樓的韭菜** (2026-03-26T12:41:34.000Z): A single asset that is almost certain to incur losses if held most of the time
  - **很稳的老帅哥** (2026-03-26T12:50:33.000Z): I don't quite agree. The cash for topping up positions, the cash for daily living, and the cash used to enter the market during a stock market crash are all high-quality cash.
  - **輸棟樓的韭菜** (2026-03-26T14:57:31.000Z): All are holding assets with a certain negative yield.
- **Trend Hunter · 2026-03-26T11:31:52.000Z · 👍 1**: I've divided my assets into four parts: one for stock investments in the securities market, one in cash for daily liquidity needs, one for private equity, and one for cryptocurrency. Working in a highly liquid industry makes it impossible for me to allocate to general assets; it feels like it would 
  - **輸棟樓的韭菜** (2026-03-26T11:41:56.000Z): I've never quite understood why ordinary people are willing to use 300%+ leverage to go all in on a piece of real estate that would take 40 years to break even without even considering depreciation an
  - **Trend Hunter** (2026-03-26T12:30:37.000Z): The ways people value things vary greatly. My approach is to find scarcity within liquidity neutrality. It was only after experiencing a liquidity crisis that I realized the need to have some ability 
  - **輸棟樓的韭菜** (2026-03-26T12:43:19.000Z): It's good enough to be able to think in terms of pricing. For most people, their house is a consumer good that they all in on for a lifetime. Its rise and fall is up to fate, but consumption comes fir
- **Jade(￣^￣)ゞ · 2026-03-26T10:56:53.000Z**: I think I've seen this viewpoint in Rich Dad Poor Dad.
- **老傅有个ETH · 2026-03-26T10:13:34.000Z · 👍 2**: For most collectibles, whether they are from the Western Zhou or the Shang Zhou dynasty, the market is extremely narrow, auction commissions are extremely high, and liquidity is almost non-existent.
  - **輸棟樓的韭菜** (2026-03-26T10:17:54.000Z): Auction + high commission often results in a lose-lose situation for both buyers and sellers.
- **芙宁娜的交易员 · 2026-03-26T10:09:14.000Z · 👍 2**: A gambling heart is the greatest asset 🤑