Today, in the second episode, we will discuss asset classes in some detail, their taxes and the returns you can expect from them.

So, to recall, we defined asset classes as a group of securities that exhibits similar characteristics and behavior in the marketplace and is subject to the same laws and regulations. Asset classes are of three types: equities, or stocks; fixed income, or bonds; and cash equivalents, or money market instruments. Some experts also include a fourth asset class - Real estate or other tangible assets.