What is an asset and how it helps you grow wealth.
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Assets

Explanation:

In its simplest form, your balance sheet can be divided into two categories: assets and liabilities. Assets are the items your company owns that can provide future economic benefit.In simple, assets put money in your pocket.

Assets Create Income

An investment in a share of stock stores wealth and also perhaps creates dividend income. A deposit in a savings account stores wealth and creates interest income. Some investors care more about increasing asset value than about income.

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