Enter amounts in the first three categories "as of today. " Do not leave spaces blank.The Department responsible for the asset must complete a Capital and. Grant Asset form (Exhibit 8.1). This means you will sell shares in whichever asset class has performed better and buy shares in the one that has lagged. I read JL Collins' A Simple Path to Wealth and he made it seem so simple. Put all your eggs into the VTSAX basket and let it chill. JL Collins Reveals His Bond Exposure, Talks Real Estate, and his New Book! Capital assets should be recorded and reported in the capital asset ledger at historical cost. I'm going to give you three portfolios each using the tools (funds) we discussed last time.