As you work towards achieving your financial goals, it is essential to understand the different types of financial assets available and how they can help you build your wealth over time.
In this article, we will define financial assets and explore the various investments you can make to grow your money.
Keypoints
- What are Financial Assets
- Types of Financial Assets
- Importance of Financial Assets
- What is a NonFinancial Asset
- What is Financial Liability
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Bottom Line
- 1. Stocks
- 2. Bonds
- 3. Mutual Funds
- 4. ExchangeTraded Fund
- 5. Real Estate Investment Trusts (REITs)
- LongTerm Growth Potentials
- Income Generation
- Diversification
- Liquidity
- Hedge Against Inflation
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