Quite simply, assets are items that contain an economic value to an individual or company. So what are assets and how can we acquire more of them? Assets are things that generate income.
I am all about creating passive income. Passive income is the money or income coming into your pocket through the means of not doing any work at all. It is all done passively.
Owning assets is a major thing that rich people often do. If they have assets producing passive income they will not have to produce active income as much, and then they will be able to concentrate their mind and skills on other avenues of life.