Investments are assets or items acquired for the purpose of generating interest payments, income, or appreciation in value. Real estate, stocks, bonds, options, annuities, mutual funds, cryptocurrencies, artwork, and collectibles are common examples of investments.

In Michigan, as in other states, investments encompass a wide range of assets acquired with the expectation of earning a return. This includes real estate, stocks, bonds, options, annuities, mutual funds, cryptocurrencies, artwork, and collectibles. The regulation of these investments falls under both state and federal law. The Michigan Securities Act regulates the offering and sale of securities within the state, requiring registration of securities, licensing of brokers and investment advisors, and outlining anti-fraud provisions. Federally, the Securities and Exchange Commission (SEC) oversees securities transactions, protects investors, and maintains fair and orderly functioning of the securities markets. Cryptocurrencies, while relatively new, are also subject to regulation, primarily at the federal level by agencies such as the SEC and the Commodity Futures Trading Commission (CFTC), depending on how they are classified (as securities or commodities, respectively). It's important for investors in Michigan to comply with both state and federal regulations when dealing with investments, and they may wish to consult with an attorney to ensure they understand the legal requirements and implications of their investment activities.