Various investment avenues exist to help you invest your savings and earn the highest possible returns with the lowest potential risk. These are broadly categorized as asset classes and some examples include, but are not limited to, cash and cash equivalents, bonds, derivatives, equities, real-estate, and alternative investments.
Asset classes operate quite similarly. Each asset class is irreplaceable, and no asset class is a perfect substitute for another. Moreover, taxation, risk, liquidity, tenure, market volatility, and returns vary with each asset class.