7 Best Assets to own -

There are lots of Assets in the Financial Market such as Stocks, Bonds, Gold, Real Estate, Mutual Funds, Blogs, Forums, Websites, Art, Businesses, Intellectual Properties, Old Whiskies, Rare Stones, Diamonds, Precious Metals, Antiques and many more……!!!!

But Here is a List of Few Best Assets to own according to my knowledge & Understanding -

Principle – Well, this is a list made by me. So I have used my principles of understanding. My Principle is – “The Best Asset is one on which you have 100% or almost 100% Control.”  Read further and I will show you in the article that What is Control Over Asset and why it is so important?

01) Your Fully owned Business -

This is the No.1 Asset all over the world. Your Fully owned Business means you, your spouse and your family owns 100% of that Business. Say for Example this Blog. This Blog is the Asset of my Family owned Company “PATEL EDUCATION PRIVATE LIMITED”. Me and my parents fully own this Business and thus I have 100% Control over the management of this Business and thus I am feeling more comfortable and secure while investing my money in this Business because I have a Full control over this Asset.

02) Private Equity or a Business in which you have at least 10% ownership and some degree of Management Control -

This is the Second Best Asset to own. Publically Listed Companies fall under this category mainly. This is the second best asset ever to own. Take the Example of Mukesh Ambani of Reliance Industries. Mukesh Ambani owns almost 55% of Reliance Industries and has a management control over the Company.

When Venture Capitalists or Private Equity Players invest in a Business, it becomes this type of Asset (Investment). Most of the people love to invest in Common stocks, Gold & Mutual Funds. But you don’t have any control over that Investment (Asset) so it is risky.

03) Real Estate -

After Businesses, The one and only asset comes on which you can have Control is the Real Estate. Say for Example, Rental Properties. You have a full control over Rental Income, Depreciation Income, Tax Benefits and various other types of Incomes on this Asset.

If we talk about Common stock than you don’t have control over anything. When you invest in stock, it is mainly for Capital Gains and sometimes for Dividends. But on none of these, you have any control. While in Businesses and Real Estates, you have control over the Income of that Asset so this control makes it the Best Asset class.

04) Web Properties -

Next comes the web properties such as web sites, Blogs, Forums, communities…etc… This is one of the Best Asset to own life time. Because the valuation of the web properties increases very faster than any other traditional offline assets. Take the Example of this blog. The valuation of this blog increasing at more than 100% per Annum rate right now.

So if you have a spare money than it is a wise decision to invest that money in buying some blog or a website having established web traffic.

05) Gold -

Gold is the real money because previously, our money was backed by gold only. The Modern Money is not backed by anything. Gold is the Inflation free Asset.

06) Common Stock & Equity Mutual Funds -

The next comes the common stock & Equity mutual funds. because in the long term, Equity gives highest returns than any other Asset Class.

07) Bonds -

The Next Best Asset to own is Bonds. because the bonds provide stability and steady income to your portfolio.