Talk:Asset classes

Latest comment: 1 year ago by Cl3phact0 in topic Other "asset classes" (e.g., collectables)

Cleanup required edit

I feel that this article could benefit from a significant number of verbiage changes to lessen the reliance on the "we can..." sort of phrasing. It's definitely not in line with the rest of Wikipedia or the Manual of Style. Sean "esqew" Quinn (talk) 02:13, 30 October 2020 (UTC)Reply

Merge into Asset edit

Shouldn't this be a section under assets? Avi 22:15, 12 January 2006 (UTC)Reply

Merged Avi 22:04, 17 January 2006 (UTC)Reply

Canonical? edit

What makes this list more correct than any other? Why are commodities on this list; why are risk-free assets treated separately from fixed income; and, why are money markets also treated separately from fixed income? What about foreign currencies? In short: this article is a hot mess and appears to just be something dumped out of another source. 73.22.229.2 (talk) 06:31, 25 January 2016 (UTC)Reply

Cryptocurrencies edit

Can we add Cryptocurrencies as a new asset class?

They do not meet the definition of "asset class" established in the first line of the article: "In finance, an asset class is a group of financial instruments which have similar financial characteristics and behave similarly in the marketplace."
To take one obvious example, during the last one-year period 5/21/2020 to 5/21/2021, the price of Bitcoin (BTC) has ranged from $9,141 to $63,316, i.e. a 500% difference low to high, while the price of Tether (USDT) has ranged from $0.9975 to $1.003,less than 1% difference. Coindesk cites a "30-day volatility" of 0.83 for Bitcoin, 0.01 for Tether. Those are not "similar," any more than stocks and U.S. savings bonds are "similar."
Cryptocurrencies are being created and invented all the time, with different purposes and intentionally different financial characteristics. Certainly they are assets, but they are not "an asset class."
No source was cited in the article to support its inclusion as an "asset class." Indeed, no source was cited for any of the others except "infrastructure." However, it would be easy to support the others--for just one example, by reference to the Callan "periodic table of investment returns" .
Dpbsmith (talk)

Other "asset classes" (e.g., collectables) edit

Should this article also include collectables such as: art, design, classic cars, watches, wine, whisky, Hermès handbags, and perhaps even Nike trainers? Many of these are now firmly established as long-term investments (and some have performed rather better than other asset "types" listed herein). Cheers Cl3phact0 (talk) 18:38, 10 January 2023 (UTC)Reply