The broader asset groups of equities, bonds, commodities and real estate (others being art and currencies) will lead you to the gateway of long term wealth creation and sustenance.
It uses focused asset groups for better management and control, which allows asset ownership details to be tracked (to get a clear picture of who owns what).
The best way to explain this is by recognising that there are two different asset groups in a portfolio -- investments and liquidity (i.e., what is often just called "cash").
