Summary
When assessing an investment, what counts as “value” depends on what you need from it. Market value refers to what buyers and sellers agree to pay at a given moment — essentially the current share price or fund price. But value can also be deeper: for bonds or funds, it might factor in underlying asset quality, risk, and yield. In short: a high market price doesn’t always mean a good value — and a lower price doesn’t guarantee a bad deal. Savvy investors weigh what an investment is worth to them, not just what others are paying.
The Motley Fool
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