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 possess value. Additionally, an important feature of assets is they generate personal income.

Types of assets

Personal assets can be broken down into different classes:

1. Cash
2. Money Market
   • Government money market
   • Taxable money market
   • Tax-free money market
3. Bonds
   • Government Bonds
   • High-grade corporate bonds
   • High Yield Bonds
   • Global bonds
   • Convertible bonds
4. Stock
   • Conservative domestic stocks
   • Aggressive (growth) domestic stocks
   • International stocks
   • Emerging market stocks
   • Small Cap Stocks
   • Mid cap stocks
   • Large cap stocks
5. Real Estate
6. Intellectual Property
7. Commodities
   • Gold
   • Silver