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Wealth may be held in several types of financial assets. List some of these financial assets.

Wealth may be held in several types of financial assets. List some of these financial assets.

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Answer #1

Financial wealth can be considered as non tangible as well as non physical form of wealth. Methods to store wealth in financial wealth are:-

  • Cash
  • Bonds
  • Shares
  • Mutual Funds
  • Bank Deposit such as fixed deposit
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