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Financial assets

Last time we learned that assets come in many forms. We discussed collectibles such as paintings, antiques and vintage wines and compared them briefly to financial assets such as companies, unit trusts and bonds, for example. We said that collectibles have a physical, tangible nature to them such as the [...]

What are assets?

In my previous post, I mentioned assets but I didn't properly explain what they are, other than to say that they are: things that have a financial value attached to them that we can generate an income or a profit from. Collectibles Examples of assets might be collectibles such as [...]