Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail
Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail

Hard Asset

What it is:

A hard asset is a physical, or tangible, asset. It is the opposite of an intangible asset.

How it works (Example):

Hard assets include financial instruments, property, deposit and savings accounts, and commodities (for example precious metals, crops, and oil). By contrast, intangible assets include patents and reputability.

Why it Matters:

Hard assets carry intrinsic value subject to fluctuations and may be traded in a primary or secondary market.