Which assets are not subject to depreciation?

Certain assets, such as land, artwork, collectibles, and investment securities, cannot be depreciated because they do not decrease in value over time. Other examples of non-depreciable assets include intangible assets like goodwill, trademarks, and copyrights. Investing in stocks, bonds, and real estate can help build wealth over time, while setting up a retirement plan and building emergency savings are other strategies for increasing non-depreciated assets.