Personal Finance/Assets
Personal asstes defination
Personal assets in simple terms can be described as things (at times virtual things like web-addresses, copyrights etc) that possesses value. Additional, rather more important feature of assets is they generate personal income.
Types of assets
Personal assets can be broken down into different classes:
- Cash
- Money Market
- Government money market
- Taxable money market
- Tax-free money market
- Bonds
- Government Bonds
- High-grade corporate bonds
- High Yield Bonds
- Global bonds
- Convertible bonds
- Stock
- Conservative domestic stocks
- Aggressive (growth) domestic stocks
- International stocks
- Emerging market stocks
- Small Cap Stocks
- Mid cap stocks
- Large cap stocks
- Real Estate
- Intellectual Property
- Commodities
- Gold
- Silver