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The major types of assets include:
1. Tangible assets: Physical assets that you can touch and feel, such as real estate, machinery, equipment, inventory, and vehicles.
2. Intangible assets: Non-physical assets that have value, such as patents, copyrights, trademarks, and goodwill.
3. Financial assets: Investments that can be easily traded and have a monetary value, such as stocks, bonds, and mutual funds.
4. Fixed assets: Long-term assets that are used to generate revenue, such as buildings, land, and infrastructure.
5. Current assets: Short-term assets that can be easily converted into cash, such as accounts receivable, cash, and inventory.
6. Liquid assets: Assets that can be easily converted to cash, such as cash, savings accounts, and stocks.
7. Non-current assets: Assets that have a lifespan of more than one year, such as long-term investments and property.
8. Physical assets: Assets that have a physical existence, such as real estate, vehicles, and machinery.
