Most people have things in their home, that they paid for, that have negative utility.
Televisions, video game consoles, etc.
A 1/2 oz gold coin is a superior investment to a PlayStation 5. Sure, it won't generate any yield, and has some degree of illiquidity, but it won't waste N hours per day of your limited, and rapidly expiring life, that you could have spent on more productive pursuits.
Televisions, video game consoles, etc.
A 1/2 oz gold coin is a superior investment to a PlayStation 5. Sure, it won't generate any yield, and has some degree of illiquidity, but it won't waste N hours per day of your limited, and rapidly expiring life, that you could have spent on more productive pursuits.