Personal Finance & Assets

Personal assets definition

Personal assets in simple terms can be described as things (at times virtual things like web-addresses, copyrights etc) that possesses value. Additional, rather more important feature of assets is 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