An asset is an economic resource that can be owned or controlled to return a profit or a future benefit. An asset is anything you own that you expect to make or save you money in the future.
It can be owned by an individual or an organization. In other words, an asset represents the value of ownership that can be converted into cash.
In trading, the term asset relates to what is being exchanged on markets, such as stocks, bonds, currencies, or commodities.
These assets are referred to as “financial assets“.
Vincent Nyagaka is a Professional Trader, Analyst & Author. He has been actively engaged in market analysis for the past 7 years. He has a monthly readership of 100,000+ traders and has taught over 1,000 students since 2014. Vincent is also an experienced instructor and public speaker. Check out Vincent’s Professional Trading Course here.