Asset are properties that appreciate over time, surprising many don't know this but goes ahead in acquiring cars, expensive jewelries and home appliances all these depreciate over time but assets include Land, house, good business opportunities that appreciate over time like investment in Bitcoin one assert that most people are still struggling to come to terms with.
Some jewelries are assets especially the ones that is highly quality not fake ones, if you buy some golden jewelries from the store, and use it for some time. Maybe let's say you go broke at some point in time, you could actually remove some parts of the jewelry and sell to the store you bought it from for quick profits, that's absolutely something that's an asset, like it gives an edge over economic situation in time.
So it's always good to buy quality stuffs rather than mere low jewelry that can't save you at a point you can't save yourself.