He has also contributed to other personal finance blogs, along with traditional news outlets including Time, CNBC, and NBC. He stays active in the BiggerPockets forums and contributed hundreds of articles, market analyses, and files to BiggerPockets. Since joining BiggerPockets in 2014, Scott has authored the wealth building book Set for Life and joined Mindy Jensen as a host of the BiggerPockets Money Podcast. Scott has dedicated his career to helping ordinary Americans build wealth in part through real estate investing. Scott Trench is the CEO and President of .

They're here to share their perspectives and best advice on how to navigate the economy now. Trademarks, designs, blueprints, electronic art, song lyrics, patents and other forms of intellectual property are all examples of intangible assets.What is the deal with the stock market? How is the current recession different than the one from 2008/2009? How to think about real estate and your portfolio now? We are in conversation with the co-hosts of the BiggerPockets Money podcast, Scott Trench and Mindy Jensen. Intangible AssetsĪs the name suggests, intangible assets cannot be touched or held. A company’s inventory, heavy machinery and shipping fleet are all examples of tangible assets in a business setting. Everything from gold ingots to houses constitutes tangible assets. Tangible assets represent any physical item that can be used or exchanged for economic value. A few examples of illiquid assets include buildings, art and patents. Examples of highly liquid assets include money, bonds, stocks and accounts receivable. Liquid assets can be easily sold or converted into cash or a cash equivalent. Others have entered regular speech and are used by ordinary people. Some of these terms are primarily used in business settings by accountants. A truck represents a tangible asset and a fixed or current asset.

For example, a trademarked song is both an illiquid asset and a fixed asset. Many of these categories overlap and are used in different contexts. Assets are classed into several groupings.

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