Description: Asset Protection: Asset Allocation with David Darst | The Family Office, Fundamental Elements: Asset Allocation with David Darst | The Family Office, HOW TO CONVERT A LIABILITY INTO AN ASSET - ROBERT KIYOSAKI, Rich Dad Poor Dad
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An ' asset' in economic theory is an output good which can only be partially consumed (like a portable music player ) or input as a factor of production (like a cement mixer ) which can only be partially used up in production. The necessary quality for an asset is that value remains after the period of analysis so it can be used as a store of value . As such, financial instruments like corporate bonds and common stocks are assets because they store value for the next period. If the good or factor is used up
As a result of this definition, assets only have positive futures prices. This is analogous to the distinction between consumer durables and non-durables. Durables last more than one year. A classic durable is an automobile. A classic non-durable is an apple, which is eaten and lasts less than one year. Assets are that category of output which economic theory places prices upon. In a simple Walrasian equilibrium model, there is but a single period and all items have prices. In a multi-period equilibrium mod
In intelligence , assets are persons within organizations or countries that are being spied upon who provide information for an outside spy. They are sometimes referred to as agents, and in law enforcement parlance, as confidential informants, or 'CI' for short.