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Personal Finance/Assets
Reference material by Wikibooks contributors. This retains its source identity and is not 411 news reporting.
Personal assets definition
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 that 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