Investing is about laying out cash or assets now, in the hope of more cash or assets returning to you tomorrow, or next year, or next decade.

Most of the time, this is best achieved through the acquisition of productive assets.

1. Add up the total valued of your cash and other assets. Items could be cash, stocks, bonds, DCs, 401(k), real estate, the money you're owed. Your goal is to determine how much these assets would be worth if you were to convert them into cash.
2. Then subtract all...

Assets are anything of value that you own that can be converted into cash. Examples include:

• Investments
• Bank and brokerage accounts
• Retirement funds
• Real estate
• Personal property: vehicles, jewellery and collectables.
• Cash

Your...