< Personal Finance

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
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