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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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