Beginner Bond Funds Guide Investor Mutual Small Stock
The primary Investment Asset Classes are Cash and Cash Equivalents, Stocks (Equity), Bonds (Fixed), Real Estate, Commodities, and Alternative Assets. We can argue that there are more or fewer than these, though the arguments are mainly over semantics. There have been countless times in talking to people when they ask "Should not Mutual Funds and ETFs be included as an Asset Class"?
I recall having a brief discussion with my Dad about his investments after I had been working for a few years on Wall Street. He had always kept his investments mainly to himself, as most men seem to do. Talking about one's investments in depth is like asking a woman for directions. Men just do not do such a thing.
I asked him what types of investments he was holding. His immediate answer was Stocks, Bonds and Mutual Funds. When asked about the investment objectives of the Mutual Funds, Dad responded that he did not know. However, it was apparent that Dad viewed these funds as a unique class of investments separate from stocks and bonds.
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