Types of asset classes

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A financial asset is any object of value that someone can use to produce more money. When you own a house, the house becomes an asset. When you own stocks, they become an asset. Some people may think that your car would be considered an asset too, but this is not the case. An important part of financial planning is understanding what types of assets are available for investment or savings purposes. Own A House, Wealth Planning, Monthly Savings, Borrow Money, A Staff, Paying Bills, Golden Rule, Wealth Building, Military History

A financial asset is any object of value that someone can use to produce more money. When you own a house, the house becomes an asset. When you own stocks, they become an asset. Some people may think that your car would be considered an asset too, but this is not the case. An important part of financial planning is understanding what types of assets are available for investment or savings purposes.

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