Have you ever thought of what is the most precious item you possess? No. It is not what you are thinking about. The gold, diamonds, platinum and material assets you own cannot be defined as the most precious commodities you possess. Do you have a fixed deposit in a bank? Do you have a savings account with good amount of money in it? Do you possess shares and plastic money that can be converted in to currency when required? If yes, these can be considered as the most precious commodities you possess.