What Are Hard Assets?
Hard assets refer to the types of assets that actually exist, have a certain durability, are not easily destroyed, and are less affected by natural or economic cycles.
Hard assets
Right!
- Hard assets refer to the types of assets that actually exist, have a certain durability, are not easily destroyed, and are less affected by natural or economic cycles.
- The concept of hard assets is opposite to Soft Assets and Paper Assets. Soft assets are generally less durable, and paper assets generally refer to securities or cash. They are virtual assets and do not actually exist. Currently, the investment community generally considers the following assets to be hard assets: precious metals; basic metals (including ferrous metals and non-ferrous metals); energy (mainly refers to fossil energy); real estate; forest products (mainly wood).