Hero Images/Getty ImagesAttention Millennials: Your house and your 401(k) are not your largest assets. Despite everything you may have read or heard, your house and your 401(k) are not your largest assets—your career path and income are your biggest assets by far. Below I will illustrate why this is the case and provide one simple tip on how to maximize your personal growth potential. Your home is an expense, not an asset Your home's value (at least initially) generally depends on how much home you can afford, which is tied to your income.