Many of us read the Forbes list every year, seeing people like Rihanna's net worth listed at $1.7 billion or Dwayne “The Rock” Johnson's net worth listed at $800 million. More recently, Forbes reported that Tesla founder Elon Musk, the wealthiest man in the world, has an astonishing $256 billion net worth.

Investing is a great way to stack your coins and build wealth. Several investments can help you to accumulate money over some time. Some high-risk investments are more volatile than others. Regarding investing, volatility means that your investments are liable to change rapidly and unpredictably.

Assets are a key part of a company’s financial position and are crucial for generating income. Since many different items can be classified as an asset, below are various types of assets that a person or corporation owns that may financially benefit them.

Assets are valuable tangible and non-tangible items that you own. Assets can range from cash in a checking or savings account to a digital asset such as an NFT. All assets have monetary value, and sometimes their value will increase over time.