assets

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Assets are a mysterious thing. Your 26-foot sailboat could certainly be listed as an asset in your portfolio. However, your vinyl version of "Achy Breaky Heart" by Billy Ray Cyrus probably wouldn't be. Your gold bullion you keep in the wine cellar downstairs could certainly be listed as an asset. But, that unopened box of fish sticks in the freezer probably wouldn't.

What makes an asset valuable and what makes it worthless? That is a question for the ages. Although that Ken Griffey, Jr. Upper Deck Rookie Card in your baseball card collection may be priced at $250 in the pricing guide, it is only worth that if you can find someone who will pay you $250 for it. Otherwise, it is just another piece of cardboard in your collection of little pieces of cardboard.

However, if you can get a buyer for that original, vintage copy of War and Peace by Leo Tolstoy, you can dance around like an 1860's Gold Prospector because you, my friend, have an asset.

Simplistically stated, assets are things of value that can be readily converted into cash (although cash itself is also considered an asset).

Bloggers speaking about assets can be found at sites like indexuniverse.

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  • Airport authority may cash in on valuable assets – WFMZ Allentown


    IVA UK Information Centre — Authority Authority: 124
    Airport authority may cash in on valuable assets WFMZ Allentown To get out of debt , LVIA is looking to sell land, possibly the 200-plus acres at Queen City Airport. "The numbers did make us feel good at the moment, but its important to note those property value estimates are hypothetical and highly speculative," ... ...
    14 hours ago

  • No S-400 missile exports before 2015: Russia


    Thaindian News — Authority Authority: 533
    Moscow, Feb 2 (IANS/RIA Novosti) Russia has no plans to export the S-400 Triumf air-defence system before 2015, a state-controlled arms exporter said Thursday.“Until 2015 all the S-400s will be manufactured for Russian needs only,” Rosoboronexport head Anatoly Isaikin said.The S-400 (SA-21 Growler) air defence ...
    14 hours ago

  • Court rejects CBI plea for narco test on Jagan aide


    Thaindian News — Authority Authority: 533
    Hyderabad, Feb 2 (IANS) A special court here Thursday dismissed a Central Bureau of Investigation (CBI) petition seeking its permission for narco-analysis test on Vijay Sai Reddy, a close aide of YSR Congress party leader Y.S. Jaganmohan Reddy, in a case involving Jaganmohan’s alleged illegal assets.The CBI special ...
    15 hours ago

  • Payday Loans and Their Advantages


    Invest your money — Authority Authority: 130
    Varying views govern people’s minds when it comes to seeking payday loans. Others perceive it as a no-no as it may actually hamper them from having control of the whole of their next pay day salary. Others are more concerned of the interest that they have to pay upon having borrowed a small amount of loan. Though ...
    16 hours ago

  • Counter Surveillance Techniques – Simple Methods That Can Be Used Effectively


    Paternal Prose — Authority Authority: 147
    Many people don’t understand the reasons why they may need to practice counter surveillance techniques, and the people who need it most are often unfamiliar with the equipment required. One misconception that many people hold is that if you’re not doing anything wrong, you have no reason to worry about being ...
    16 hours ago

  • Xanadu to sell its Mongolian thermal coal assets


    Mongolia Business and Mongolian Daily Business News — Authority Authority: 111
    Mongolia-focused Xanadu Mines says it seeks to partially sell or completely divest its thermal coal assets in the Asian nation as it simplifies itself into a copper and gold play there. Funds raised from the thermal coal sale will fund its copper and gold projects and also finance its coking coal joint ventures with ...
    17 hours ago

  • Minimizing the Risks that Legal Representatives Face


    China Law Insight — Authority Authority: 111
    By Liu Xiang Wen Xia Dongxia and Li Xinyu King & Woods Corporate Group Under PRC laws, the legal representative of a company is the person who acts in the name of the company and represents the company in the exercise of its rights and obligations. The legal representative is a fundamental part ...
    1 day ago

  • 公司法定代表人的法律风险及防范


    China Law Insight — Authority Authority: 111
    作者： 刘相文   夏东霞 李欣宇 金杜律师事务所 公司 组 ...
    1 day ago

  • Undesirable Credit Restoration – How To Restore Your Credit Along with your Life


    PHILCHAR — Authority Authority: 136
    Tweet Share It’s frequently a hardship on us once we have bad credit rather than knowing how to begin revisit our foot again is a lot more frustrating. For individuals who’ve bad credit, you may want to consider a handful of assets that may help you do something for the credit problem. Existence does not ...
    2 days ago

  • 34 Bihar legislators yet to declare assets


    Thaindian News — Authority Authority: 533
    Patna, Jan 31 (IANS) Even a month after the deadline expired, 34 legislators in Bihar are yet to declare their assets. And most of them are from the ruling Janata Dal-United (JD-U) and BJP combine.The guilty legislators include Public Accounts Committee chairman Lalit Kumar Yadav, and former ministers Raghvendra ...
    2 days ago

  • PNB quarterly net profit rises 5.5 percent


    Thaindian News — Authority Authority: 533
    Mumbai, Jan 31 (IANS) State-owned Punjab National Bank Tuesday reported a 5.5 percent increase in net profit at Rs.1,150 crore for the quarter ended Dec 31 as against Rs.1,089.77 crore during the like period of the previous financial year.Total income stood at Rs.10,435 crore up 30.82 percent during the quarter as ...
    2 days ago

  • Nomis Solutions Doubles Number of Customers in 2011 on Strong Demand for Price Optimization Solutions in Financial Services


    Get Credit Cards — Authority Authority: 129
    Adoption of Nomis’ price optimization technology accelerates as Company announces 10 new customers in 2011. Total volume of assets and liabilities optimized in 2011 using Nomis technology exceeded US$ 76billion across loans, deposits, mortgages, and credit cards. Six key trends to shape bank pricing in 2012 and ...
    2 days ago

  • Georgia Salpa tells Celebrity Big Brother housemates she wants plastic surgery


    Black Gossip, Celebrity Urban Entertainment, Hip Hop Hollywood News - JohnJohnSaidIt.com — Authority Authority: 138
    Georgia and Kirk Georgia Salpa has revealed she wants plastic surgery on two of her assets – her lips and her nose. the model said that she wanted bigger lips and a smaller nose and that she would be willing to go under the knife to make the changes. Advertisement >> Salpa’s shocked housemates tried [...]
    3 days ago

  • The Solberg Company and Alert Disaster Control Announce Strategic Partnership


    Paternal Prose — Authority Authority: 147
    The Solberg Company and Alert Disaster Control Announce Strategic Partnership Green Bay, Wisconsin and Singapore (PRWEB) November 21, 2011 the Solberg Company, a global supplier of firefighting foam concentrates and equipment, and Alert Disaster Control (ALERT), an international emergency response and ...
    5 days ago

  • Making Your Business Ready For Being A Franchise


    4myp - Custom Promotional Calendars — Authority Authority: 139
    Various well established businesses are confronted with the difficulty of developing their business additionally than its current potential. The franchising route could very often be considered as it is a recognized methodology of accelerating your community without having to take on the immediate running costs of ...
    5 days ago

  • India’s forex reserves rise by $731.8 million


    Thaindian News — Authority Authority: 533
    Mumbai, Jan 28 (IANS) After the sixth straight weekly decline, India’s foreign exchange reserves rose by $731.8 million to $293.25 billion for the week ended Jan 20, the reserve bank of India’s data showed.The reserves had dropped by $14.25 billion in the previous six weeks under review, mainly because of ...
    5 days ago

  • Sensex rises for fourth straight week; up 495 points (Weekly market review)


    Thaindian News — Authority Authority: 533
    Mumbai, Jan 28 (IANS) A benchmark index for Indian equities markets rallied nearly three percent in this week’s trade, closing in the positive for the fourth straight week on the back of strong buying support from foreign institutional investors.The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange ...
    5 days ago

  • Drug money damages world economy by $2 trillion annually


    Thaindian News — Authority Authority: 533
    Moscow, Jan 27 (IANS/RIA Novosti) Annual financial damage to the world economy from drug money equals $2 trillion, Russia’s Federal Drug Control Service head Viktor Ivanov said.“Narco-dollars form a market with a volume of over $500 billion annually, while negative consequences for the real economy exceed this ...
    6 days ago

  • Property, diamonds, gold or spectrum?


    TM Forum Online Community — Authority Authority: 101
    A recent Computerworld article opened up with the provocative statement that wireless bandwidth is like land in Manhattan — it’s extremely valuable because they’re not making more of it. No kidding. That probably explains why it has become such a premium commodity. Until new spectrum can be created (who knows ...
    6 days ago

  • State Unclaimed Money Remains Concern for Local Governments


    Snipsly.com | Crowdsourcing Content — Authority Authority: 150
    Unclaimed money is still an issue among the government. After so many efforts and programs held for getting rid of unclaimed money lying with the state governments, the issue is still a major concern. This is due to the slow turnover of people to the unclaimed money offices situated in the states. To make things Read ...
    6 days ago

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