The only asset is a real asset (property, precious metals, art, etc.). All bank assets (money in the bank e.g.) are fraudulent and subject to the whimsy of belief, and the manipulations of the system (inflation e.g.).

Stock assets aren't really owned by you, but by Cede & Co. You have certain contractual rights to them, but unless they are directly registered to you (which you have to manually do or buy through an agency that does it) they are instead registered with the DTC. There is no reason to assume stock assets (unless you own the stock certificates themselves, which no one does) will survive a break down in the system. At the least, I recommend direct registration.

In general, mutual funds are even less valuable as they are subject to the whims of the real stock owners (the asset manager that purchases the stocks). When you buy a mutual fund stock what you are really doing is giving your money to the asset manager (they now own the money) and in exchange you sign a contract that gives you rights to some portion of the dividends of their investments. You also have withdrawal rights of money (sometimes "on demand" but not always).

The same can be said of a bank. You do not own "your money" in their bank, you only own withdrawal rights and possible dividends (that are generally much lower than inflation). As long as the money is in their bank they can do whatever the fuck they want with it. They own all use rights.

Once faith is gone in all of these non real assets (and it is failing rapidly) only physical assets will remain meaningful during a transition (worst case scenario of it anyways).

The only asset is a real asset (property, precious metals, art, etc.). All bank assets are fraudulent and subject to the whimsy of belief, and the manipulations of the system (inflation e.g.). Once faith is gone (and it is failing rapidly) only physical assets will remain meaningful during a transition.