Very interesting question. Someone asked me if I top up $100 to the merchant (for example Starbucks) in my membership card and he gives me extra $10 bonus on top of it, is this asset class considered Fixed Income (since merchant is giving me $10 ‘interest’ for the amount that I am topping up but not using yet) or Cash? I would like to hear your comments.

I did a small write-up on a good investment journey earlier and I thought to supplement with the table below. At a basic level, people should understand what are the different examples of asset class that you may encounter during your course of Life.

Do you know the above by heart?