What are Assets?
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Defined: Assets
An asset is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide a future benefit.
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Simply Put,
Assets are things you own that add money into your pockets – even as you sleep.
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This form of income creation means different things to different people.
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Some consider vintage watches an asset.
While others swear by real estate.
As the old saying goes, to each their own 🥂
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Feel a little wiser?
Check out more such nuggets on Fi Money: Simplifying all things finance
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