A grouping of similar types of investments which have similar financial characteristics and behave similarly in the marketplace.

There are five main classes which are:

  1. Equities (stocks): Owning a share of a company.
  2. Fixed Income (debt): Lending money to a company or government for interest.
  3. Cash or equivalents: Money in bank accounts, or in your pocket, foreign exchange.
  4. Real Estate: Owning something physical like property.
  5. Commodities: Natural resource commodities and precious metals like gold, platinum, silver, etc.

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