What is an Asset Class?
DeFine Glossary #3
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Defined: Asset Class
An Asset Class is a grouping of investments that showcase similar characteristics.
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For example, that cash you carry in your wallet.
The same goes for precious metals like gold, silver or platinum which make up a single asset class.
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Another segment would be Stocks, which are micro-ownership certificates.
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Feel a little wiser?
Check out more such nuggets on Fi Money: Simplifying all things finance
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