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An asset is anything valuable and individual has or control with the expectation that it will provide future economic profit knowing this in mind the main question is can we use our assets as investment is there any usefulness in doing that
Investment means something that you give you return. There is a slight difference between assets and investment. Well, your car is your asset but does your car gove you any return, do you make profits form your car, well if your answer is no, in that case your care despite being an asset is not an iRead more
Investment means something that you give you return. There is a slight difference between assets and investment. Well, your car is your asset but does your car gove you any return, do you make profits form your car, well if your answer is no, in that case your care despite being an asset is not an investment. However., yopu can of course use your asset for investment purpose. For instance if you drive for ride sharing company, your car will be investment as it will start bringing you money.
See lessUnfortunately, you didn't mention what type of asset you have, whether it's property, vehicles or household appliances, laptops or computers, etc. Are those assets needed by you, such as the laptop you use to make money online and you study at school, of course not recommended by financial experts aRead more
Unfortunately, you didn’t mention what type of asset you have, whether it’s property, vehicles or household appliances, laptops or computers, etc. Are those assets needed by you, such as the laptop you use to make money online and you study at school, of course not recommended by financial experts anywhere. You can sell unused items and you can invest the money from the sale either in mutual funds or gold. It is highly recommended that you invest only with idle money.
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