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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  • Stocks Slide Following Permadove Chuck Evans’ Attempt At Math


    Authority Authority:
    zerohedge.com / By Tyler Durden / May 20, 2013, 14:03 -0400 Moments ago, GETCO’s rampathon algos did not like what they heard coming out of the mouth of the Fed’s biggest permadove, Charles Evans. That thing was  math , and it was as follows: IF FED CONTINUES TO BUY ASSETS AT CURRENT PACE THROUGH ...
    2 days ago
  • The Market Doesnt Believe Huge Volatility In Gold And Silver Markets Will Last


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    By Hard Assets Investor : By Sumit Roy It doesnt take a rocket scientist to figure out that volatility in the precious metals markets has picked up in recent weeks. Gold, of course, saw a record decline on a dollar basis in April. Then today, silver plunged 7% only to rebound into positive territory later ...
    2 days ago
  • Collateral crunch-counting gets sophisticated


    Authority Authority:
    The sum and substance, in a couple of slides: HQC stands for “High Quality Collateral”, and FTQ is “Flight to Quality”. Click to enlarge. The charts are from a special presentation included in the fiscal Q2 report by the Treasury Department’s Office of Debt Management. Continue reading: ...
    2 days ago
  • London Hedge Fund Assets Steady


    Authority Authority:
    Fears that new rules and regulation would gut Londons hedge fund industry have proven exaggerated. read more
    2 days ago
  • Optimizing Your Digital Assets To Boost Rankings & Branding


    Search Engine Land: News About Search Engines & Search MarketingAuthority Authority: 720
    Let’s say you’re responsible for developing revenues from both traditional and non-traditional advertising. You work with a digital staff of talented people to create lead-generating Web-based content, or perhaps you are in e-commerce and sell products. Maybe you’re a brick and mortar with a... Please visit ...
    2 days ago
  • Pupils ‘need early porn warnings’


    heave-ho.orgAuthority Authority: 159
    Young children should hear about the dangers of pornography as soon as they have access to the internet, head teachers say. Follow this link: Pupils ‘need early porn warnings’
    2 days ago
  • Briton facing child death charges


    heave-ho.orgAuthority Authority: 159
    A 48-year-old British man living in France is expected to be formally charged later with killing his two children, aged five and 10. Go here to see the original: Briton facing child death charges
    2 days ago
  • UK astro Peake given station date


    heave-ho.orgAuthority Authority: 159
    UK astronaut Tim Peake is to fly to the International Space Station, launching on a Soyuz rocket in November or December 2015. See the rest here: UK astro Peake given station date
    2 days ago
  • Why companies should care about the human right to water


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    Water pricing, the business value of water and the human right to water are all issues that businesses face, especially in developing nations.
    2 days ago
  • Apple BYOD Protection: Pentagon Clears Apple Devices for Use In DOD Network


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    Many media outlets are reporting that the US Department of Defense (DOD) has finally approved the use of Apple devices on its network.  I see plenty of comments like, "Great, prepare for malware to spread in our countrys military networks because some government worker decided to download the wrong game" or some ...
    2 days ago
  • French food group Danone takes stake in China Mengniu


    heave-ho.orgAuthority Authority: 159
    A Danone Group joint venture has agreed to take a stake worth about HK$3.6 billion in China Mengniu Dairy, marking a comeback for the French company in China where food scares have hit consumer confidence. China Mengniu, one of the country’s largest dairy producers, also said on Monday it would set up an 80 per ...
    2 days ago
  • Black Infinitum Theme – Light 3.9 (Android)


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    Black Infinitum Theme – Light v3.9 (Android) Description: This is a theme for CM10 & AOKP, its purpose is to enhance the Android UI without compromising the vanilla look. Requirements: Android Device OS 4.0 and up Price: $1.86 Download: For a full black experience get the inverted version. ...
    3 days ago
  • Blue Infinitum Theme – Light 3.9 (Android)


    Authority Authority:
    Blue Infinitum Theme – Light v3.9 (Android) Description: This is a theme for CM10 & AOKP, its purpose is to enhance the Android UI without compromising the vanilla look. Requirements: Android Device OS 4.0 and up Price: $1.86 Download: For a full black experience get the inverted version. ...
    3 days ago
  • Q&A: What are the rights of dividing up assets in TX?


    Authority Authority:
    Question by Life is a Maze : What are the rights of dividing up assets in TX? If a couple got divorced, how would all their money and property be divided if they money and property were in one spouses name but not the others? Would it still be a 50/50 split? IF the couple each has a bank account in their own name, is ...
    1 week ago
  • A Background to Financial Assets


    Authority Authority:
    Financial markets essentially revolve around the buyingand selling of assets, intangible assets to be precise. An intangible asset isan asset thats physical properties are irrelevant to its value - it tends tojust be a piece of paper.  The relevantpart is the future claim to some income or benefit that the asset ...
    1 week ago
  • Long live China’s slowdown!


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    Long live China’s slowdown!
    1 week ago
  • Protecting one’s wealth


    Authority Authority:
    My bro-in-law used to send me emails about investment tips and some money-sensible articles. Reading his emails just made me think more about my personal finances and how I can improve my current financial state. I’m sure most family breadwinners are also concerned about financial matters and would like to do ...
    1 week ago
  • Marc Faber: “Something Will Break Very Badly”


    Authority Authority:
    zerohedge.com / By Tyler Durden / 05/10/2013 17:34 During an interview with  The Globe and Mail , ‘Gloom, Boom, and Doom’s Marc Faber unleashed some awful truthiness about gold “I buy gold every month”, real estate “bubble territory”, and the likelihood of a crash in smoke-and-mirrors-like asset ...
    1 week ago
  • Legg reports managed assets up in April 


    Authority Authority:
    &via=&related=DolcePixel"> Legg Mason Inc. reported assets under management in April 2013 totaled $655.4 billion, a 2.5 percent increase over the $639.3 billion that the company reported in April 2012. &via=&related=DolcePixel">
    1 week ago
  • Income Producing Assets – List Building & Online Real Estate


    Authority Authority:
    List building and online real estate are two income producing assets that will stand the test of time, companies and any other struggle you may go through.  See Jeremys video to hear about a struggle he had.To learn more lessons like this, click on the link below and put in your email address.  You will get to watch ...
    1 week ago

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