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Learn what qualifies as an asset in Canada, as well as how assets are classified in the investment world.
Assets are anything with economic value, owned by individuals, companies, organizations and governments. Your personal assets might include a home or a car, as well as intangible things such as investments.
In the investment world, assets with similar characteristics are grouped into classes, such as equities, fixed income, currencies, commodities and real estate. A diversified investment portfolio includes several asset classes.
Example: “Carrie invests in income-producing assets, including rental properties and dividend-paying stocks.”
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