Types of Assets: Financial, Tangible, and Intangible
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- Опубліковано 3 жов 2024
- How do people get rich? Rather than having very high-paying jobs, wealth is more easily accumulated through ownership of assets. This is anything of value that can be converted into money. Of course we know about assets like houses and other properties, or even expensive collectibles, but there are more subtle assets that are totally intangible as well. What could these be? Let's find out!
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Short, sweet, and informative; setting the stage for what should be a very interesting take on the concept of assets. The rules are always changing, Professor Dave, but I'd love to see a short series on taxes and assessments on income and assets, too. Maybe it's just that tax season is upon us and I have it on the brain. Great stuff all the same!
@@Mrch33ky Pardon me? I own his book, but I can assure you that I'm not Prof Dave. I wish you trolls would find a different bridge to hang out under.
❤
Please sir keep on posting such videos as the concepts explained are clear and concise which helps me a lot being a college student.
Very informational
Very comprehensive and easy to follow. Great job 👍👍👍
That's a really good explanation, thank you
What's amazing is that some people don't already know this stuff. Probably 95% of the United States population over 18yrs old lol
Thanks for not mentioning any Crypto crap in this 👍
This is such an awesome and friendly video style!!!
thank you sir! :)
nice vid dave
can knowledge be an intageble asset?
Wait a minute, I saw this guy in chemistry then in physics then in biology and now economics too? Is there anything Professor Dave can't do?
Thank you. Very informative 👍
For some reason people still confuse assets with something else
Thank you.👍
@@Mrch33ky 😭
Very cool
very informative
"But enough daydreaming," B-B-But sir-
Lol
Behold, a system error has caused the transaction to venture to an invalid email address.
Its my bday so I'm watching this 🗺
I know it's off the topic but I have a question.The orbitals of electrons are just their wave function right.Can they collapse when interacting in a certain way.If they do what causes them to collapse and what consequences this collapse have.
The shape of the orbital changes depending on the energy or the principle quantum number. As you increase that principle quantum number, N, to infinity, the electron is stripped from its atom and it no longer has a probability of being found there.
@@Mrch33ky I thought maybe he coulf answer that considering he got his education in chemistry
Personally I didn't f*** with it, especially when you were talking about financial assets. I don't know. Maybe I'm not smart but I have to go to three other sources just to figure out the definition of it cuz you sure didn't explain it
Dave, I can not agree with learning material with such lack of evidence. There is a lot of statement without providing proofs/
This is high school level economics content. Learn it or don't, nobody cares.
Now this video would be a fine nft
nft is so stupid .
@@m.c.4674 finding something stupid when you don't understand is...is stupidity. Sounds like the perfect market for you.
@@puntvandekomma9498 Ignorance is not the sole source of hatred. NFTs are like autographs or baseball cards - simple collector's items with a small niche market. As such they have limited liquidity thus negating any practicality as a currency.
@@jorionedwards highly unlikely to overthrow bitcoin . it is another get rich quick scam .
Screenshooted
i only know fungible and non fungible
Nice hair cut. Hope you get role in new science fiction movie in Hollywood.
4th
🙏
Buy Cardano REEEEEEEEEEEEEEE
honestly , anything that doesnt make money is a liability .
eg . car is a asset , but most people loss money at the end of the day , so i would consider it a liability .
By that notion, even cash is a liability if the rate of inflation exceeds the interest rate, which happens to be true in the U.S. and many other countries right now.
While technically true it also depends on opportunity costs. Rental car companies consider their fleets as assets and wealthy individuals may consider their homes as liabilities. Time is the asset/liability that most will neglect to take into account when planning their finances.
@@glennpearson9348 yes
Since it loses value daily it is hard to see a car as an asset unless it's used as a uber.
Assets are distinguished from liabilities in that assets have value whereas liabilities don’t. So a car is still an asset because even if it loses value as time goes on, it’s value is still there and is subject to rise or fall based on the market. This is why we call cars depreciating assets and not liabilities