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Username: PrettyWoman

Rating:
Guru Stars

Asked to: Talitha Taslim

Date Created: 02 Jun 2015
Category 46
Tag Forex
Question What is an asset?
Advice from Guru
Hello Pretty Woman,

An asset is anything of value that can be converted into cash. Assets are owned by individuals, businesses and governments. Examples of assets include:

*Cash and cash equivalents – certificates of deposit, checking and savings accounts, money market accounts, physical cash, Treasury bills;
*Real property – land and any structure that is permanently attached to it;
*Personal property – everything that you own that is not real property such as boats, collectibles, household furnishings, jewelry, vehicles;
*Investments – annuities, bonds, cash value of life insurance policies, mutual funds, pensions, retirement plans (IRA, 401(k), 403(b), etc.,) stocks and other investments.

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