Equity investment is the operation that investors buy the equity of a company to participate in its business activities. Creditor's right investment refers to the investment method in which creditors buy bonds and collect principal and interest from bond issuers at maturity. From this perspective, equity investment and debt investment are different in definition, so it is not surprising that there are other differences. Details are as follows. I. Different investment methods 1 Equity investment Investors can directly invest in the target company with monetary funds, intangible assets and other physical assets for equity investment, or they can obtain it by purchasing shares of the target company. 2 Creditor's Rights Investment Investors' purchase of corporate bonds, financial bonds and government bonds with a maturity of more than one year is regarded as creditor's rights investment, not limited to enterprises. Second, the investment period is different. 1 equity investment generally speaking, business activities are a long-term process, and equity investment usually lasts for more than one year to achieve the purpose of participating in the company's business activities, which may bring greater economic benefits. It is worth mentioning that during the investment period, the invested funds or assets can be withdrawn. Debt investment can be invested in various bonds with different maturities, which are divided into short-term bonds, medium-term bonds, long-term bonds and perpetual bonds. The principal cannot be withdrawn until the invested bonds expire. Third, the investment purpose is different. 1 The direct purpose of equity investment is to participate in the operation of the enterprise, affect the production and operation activities of the enterprise, and thus obtain more economic benefits (more profits or dividends). Debt investment bond investment can only obtain the bonds of the investment unit, that is, obtain interest at the agreed interest rate and recover the principal at maturity. From the above comparison, the liquidity of debt investment is not as big as that of equity investment, and the overall risk of bond investment is small, with stable interest income, especially national debt, backed by the national government. But generally speaking, risks correspond to benefits, and equity investment may have greater potential benefits.