Which assets cannot be depreciated?

Assets that cannot be depreciated include land, artwork, collectibles, and investment securities. Certain assets cannot be depreciated because they retain their value over time and do not decrease in usefulness or value. Other examples include intangible assets such as goodwill, trademarks, and copyrights.

Investing in stocks, bonds, and real estate can help create wealth over time, providing a long-term return on investment. Other strategies that can be used for increasing un-depreciated assets include setting up a retirement plan, building emergency savings, and putting money into a savings account.