Luyện nói tiếng Anh bằng Shadowing qua video: Financial Assets versus Real Assets | Essentials of Investments | CFA exam | CPA Exam BAR

Hello and welcome to this session.

This is Professor Farhad in which we would look at real assets versus financial assets.

This topic could be covered in essentials or principles of investment course, undergraduate or graduate level.

This information is covered on the CPA exam, BEC section, as well as on the CFA exam.

As always, I would like to remind you to connect with me on LinkedIn if you haven't done so.

YouTube is where you would need to subscribe.

sell...

tutorial if you like my lectures please like them share them

if they benefit you it means they might benefit other people subscribe to my youtube channel

and connect with me on instagram on my website farhatlectures .com you will find additional resources to complement your courses

And especially if you are studying for your CPA, CMA, or CFA exam, you will find relevant topics that will help you substantially.

So if you are looking to invest in your education and your professional certification, I strongly suggest you check out my website.

So let's talk about first real assets.

But before we talk about real assets and differentiate between real and financial, what are assets?

And an asset is something that you have to know in details when you study accounting.

The first thing we teach is what is an asset and what is an asset simply put?

Assets or assets are resources.

What do resources do if you have a resource like money?

Well, you can do anything with money.

It help you achieve your goal.

You can start the business with money Once you start the business

and you have money you can buy inventory inventory is a resource

because you can sell them You can buy land you can buy equipment to produce so simply put all

Assets are resources such as cash and cash is the best asset because you can do anything with it.

It's a resource that can help you do anything.

Land, land is an asset building, but with cash you can buy all of those inventory, equipment, knowledge.

Knowledge is an important asset.

In accounting we call it intangible asset

and this asset is extremely important in our economy today because our economy is dependent on technology and most of the

Real assets and technology are intangible, something that you don't touch, you don't see.

We also have other type of assets like investments, such as stocks and bonds.

And we have all sorts of assets, supplies, anything that you can use to produce.

income from is technically an asset this is what assets are

this is the word assets we're not we're not we are not defining whether it's real

or financial we're going to find that in a moment okay

so why are assets important so so why do we have to talk about assets well Think about it,

your wealth, your wealth is dependent upon how much assets you have

if you have money

if you can start a business what you need you need

to buy equipment like for example tesla tesla started with an idea ideas are great i have the greatest idea

but i don't if i don't have manufacturing facilities

if i don't have a warehouse

if i cannot buy the technology to start my business then my ideas are not good

so that's why assets are important because the wealth of the society is determined by its

output so you can take those assets and use them

starting with cash you can start with cash for example Tesla

first they need cash now we're gonna learn about how they

get cash first they need cash with cash they can buy

build they can buy land they can put a building manufacturing facility they can buy equipment they can produce cars

so on and so forth and the wealth of the society will increase

but how do they come up with cash initially this is what we're going to be talking mostly about so

We have two types of assets.

Now we're going to differentiate between the two types of assets.

We have real assets and we have financial assets.

And this is the purpose of the session is to make sure you know the difference between real and financial.

Okay.

What are real assets?

Let's start with real assets.

What you are seeing here on the screen, the cars, the facilities, those are real assets.

So real assets are used to produce goods and services.

What do you need to produce goods and services?

You need equipment.

You need inventory.

You need supplies you need a building, you need a warehouse.

Okay, so they are used to do so.

The real assets, they generate the net income to the economy.

So when the company generated their financial statements, financial statement means how much profit they made.

How did they make the profit?

Well, they produce something or they purchase something, then they resold it, or they produce something, like in the case of the manufacturing, like Tesla, they produce car, then they sell that car.

In case of Tesla, actually they are selling it at a loss, but the point is eventually they hope to sell it at a gain.

But the point is, is you need to produce something, sell it, make a profit.

So the real assets will help you make that profit, that net income okay

and again what are we talking about here we're talking about

land building equipment knowledge is also considered a real asset especially in our economy again it's taken a front line

so every time you think of real assets Don't think of only assets you can touch and see, because knowledge is an asset, is a real asset, but you cannot touch.

It's called an intangible asset, but it's really under the category of real assets as far as we are concerned, 'cause we're gonna talk about the financial assets first.

So think of real assets, the picture that you see in front of you.

Let's talk about financial assets.

What do you think of when you think of financial assets?

Think of stocks and bonds.

So what are stocks and bonds?

Let's talk about financial assets.

And we're going to talk much, much more about financial assets, because when you invest, you don't invest in real asset.

So when you invest in Tesla, you don't buy one of their cars.

if you want to invest in them okay you buy their

stocks you don't buy their equipment you buy their stocks

so what are stocks and bonds well stocks

and bonds are either a piece of paper

or a computer entry most of the time it's a computer

entry you know no one especially tesla they will not give you a copy of the stock certificate

because they don't issue it anymore because it's a costly for them

so it's basically it's a proof that you own something

but it's not really it does it has nothing to so

if you buy stocks and tesla you are not really producing at the control not directly contributing to productivity, but you are contributing tremendously indirectly.

Okay, so what you are doing when you buy stocks and bonds, when you buy financial assets, you have the claim on the real asset or on the income.

So if Tesla makes a profit and you invested in Tesla, Then you can get share in that profit, either if they pay dividend,

if they pay cash, which is, you know, obviously Tesla doesn't pay dividend because they don't have a profit yet.

Or claim on the real estate.

For example, if the company liquidate, if Tesla liquidate and they sell their equipment, you have a claim on the real asset that you will get some money out of it.

100

Third, the Tesla stock is trading almost at $900, although they are making no real income, so, but that's a different story.

101

We can talk about this later on in the course.

102

So how do you invest?

103

What is the idea of investing?

104

Well, the idea of investing is, think about your education right now.

105

You are making an investment.

106

What is an investment?

107

What's happening is you're sitting in your classroom, or in case of the coronavirus these days, you're sitting home listening to this lecture.

108

What you are doing is you are investing in your education.

109

Why?

110

well you are investing for the future you are delaying your consumption

111

because you can do something else with your time you can

112

do something else with your money you paid for your course

113

and you are investing time

114

so rather than paying for the course you can take this money

115

and do something else with it not much these days

116

if you are still you know in quarantine

117

but the point is you can do something else with it

118

you can consume it also you talk also your time you are investing your time

119

so all what you're doing is you are choosing between consuming what you have today or investing for the future.

120

So this is the idea of investing.

121

It's a delayed gratification, delayed of consumption.

122

And education is the best way to think about it.

123

What you do is you are paying money today.

124

You are spending time.

125

in the for the hope of making more money into the future

126

so that that's that's what an investment is you invest today

127

so today every time you invest you start with negative

128

because you don't invest with positive

129

when you start your investment you have to pay money

130

and how do you pay money you buy stocks

131

and bonds excellent as an investor you buy stocks and bonds you buy stocks and bonds of tesla

132

When Tesla issues stocks and bonds, when they sell stock and bonds, you buy them.

133

Now, what do Tesla do with that money?

134

Now, simply put, you gave your money to Tesla.

135

You gave your money to Tesla, not when you buy the stock today, when they actually issue stocks.

136

If you buy the stock today, you're buying it from someone else in the secondary market.

137

You give the money your Tesla.

138

and Tesla give you a piece of paper called "Stop." So what do Tesla do with this money?

139

The company will buy, plant equipment technology inventory so the real return of investor is from the real asset

140

so when you invest all what you're doing is you're giving them your money the proceeds

141

You're giving them the proceeds and with the proceeds, the proceeds usually invest.

142

You would invest cash.

143

We're talking about large companies.

144

And what they do is they buy those assets that they need.

145

They buy the real asset.

146

So what happened is now you are hoping that the real assets are producing net income.

147

Which in turn, if they are producing their income, if they are producing profit, you are going to benefit from this profit.

148

How are you going to benefit?

149

In one of two ways.

150

Either the stock of Tesla goes up, which called capital appreciation, or Tesla, you remember you invested and they make a profit, they pay you dividend.

151

Not Tesla doesn't pay dividend now, and we'll talk about dividend later on much more in details, but the point is you share in that profit,

152

but Tesla stock is going up for the past few years.

153

Now, so the financial asset performance is dependent upon the real asset performance.

154

Although that's the case, although the real asset performance is what matters, we don't study the real asset performance.

155

What do I mean by studying the real asset performance?

156

It means going to the manufacturing facilities at Tesla and determining how efficient is a machine reproducing cars.

157

You can do that.

158

cash flow statements and Your profit will be dependent on that.

159

So we're going to focus on financial asset as a reflection of the real asset

160

because you cannot really measure the real asset performance.

161

Measure it as an investor.

162

You see that performance in the financial statements.

163

That's why we focus on financial assets.

164

And here's a picture of the balance sheet of U .S household just to give you an idea.

165

How much financial assets do we hold?

166

How much real assets do we hold?

167

For example, real assets.

168

and this is march 2017 from the uh from the uh

169

board of governors of the federal reserve system just it's a snapshot

170

so it's not you know the numbers might be different today

171

for example just to get an idea 20 25 of our

172

assets are are in real estate you know five percent

173

and can consume consume consumer durables um let's see pension reserve 20 corporate equity 14 just to give you an idea

174

And this is our liabilities, mostly in mortgages, credit cards, so on and so forth.

175

This is the balance sheet of U .S household.

176

Just to give you an idea how much real assets or financial assets.

177

Now, bear in mind, for example, if the stock market crash, the corporate equity value will go down.

178

And also if the real estate crash too, like what's happening these days with the coronavirus, no one knows the outcome of this.

179

real property, then obviously the value,

180

the balance sheet value of the U .S household will be less invested in real estate.

181

In the next session, what we'll focus on is actually financial assets, because this is what matters for investors, financial assets.

182

As always, I'm going to invite you to like this recording, share it, put it in playlist.

183

If it benefits you, it means it might benefit other people.

184

And don't forget about my website, especially if you're trying to supplement Study hard, good luck.

185

And if you are still going through this coronavirus, Stay safe.

Phương Pháp Shadowing Là Gì?

Shadowing là kỹ thuật học ngôn ngữ có cơ sở khoa học, ban đầu được phát triển cho chương trình đào tạo phiên dịch viên chuyên nghiệp và được phổ biến rộng rãi bởi nhà đa ngôn ngữ học Dr. Alexander Arguelles. Nguyên lý cốt lõi đơn giản nhưng cực kỳ hiệu quả: bạn nghe tiếng Anh của người bản xứ và lặp lại to ngay lập tức — như một "cái bóng" (shadow) đuổi theo người nói với độ trễ chỉ 1–2 giây. Khác với luyện ngữ pháp hay học từ vựng bị động, Shadowing buộc não bộ và cơ miệng phải đồng thời xử lý và tái tạo ngôn ngữ thực tế. Các nghiên cứu khoa học xác nhận phương pháp này cải thiện đáng kể phát âm, ngữ điệu, nhịp điệu, nối âm, kỹ năng nghe và độ lưu loát khi nói — đặc biệt hiệu quả cho người luyện IELTS Speaking và muốn giao tiếp tiếng Anh tự nhiên như người bản ngữ.

Luyện nói tiếng Anh bằng Shadowing qua video: Financial Assets versus Real Assets | Essentials of Investments | CFA exam | CPA Exam BAR

Ngữ Cảnh & Bối Cảnh

5 Câu Nói Hàng Ngày Quan Trọng

Hướng Dẫn Shadowing Từng Bước

Phương Pháp Shadowing Là Gì?