Many things can be owned. These things may have been purchased, given as gifts or passed along from one generation of a family to another.

In addition, those possessions can have monetary or sentimental value. Some of those items that have sentimental value can include photographs or heirlooms that have been passed down within the family.

Of course, the problem with owning something is that it could be stolen. Or it could even be lost due to something like fire, flood, or some other natural cause. And naturally, there are plenty of thieves out there who would steal your possessions if given the chance.