Summary: What is an asset class? Photo: Alvimann. Source: Morguefile We all know that it pays to be diversified – to spread your investments around. But you need to spread them among different types of investments. Someone who owns 50 tech stocks can hardly claim to have a diversified portfolio. The most basic investment unit is the asset class. But what is this? An asset class should be a stable group of economic investments that looks similar to […]
