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Module 2 · Beginner

Asset Classes

Stocks are only the beginning. Bonds, ETFs, commodities, currencies, crypto and real estate – what they are and how they behave.

  1. 1Bonds: How Rates and Prices Move TogetherCoupon, maturity, yield, ratings and duration – how bonds work, why their prices fall when rates rise, and what risks hide in supposedly safe paper.5 min
  2. 2Mutual Funds and ETFsActive funds, index funds and ETFs – how they work, what they cost, why most active funds fail to beat their index and what to look for when choosing an ETF.5 min
  3. 3Commodities and GoldOil, copper, wheat and gold – how commodities trade, why commodity funds often lag the commodity price and what role gold can play in a portfolio.5 min
  4. 4Currencies and Currency RiskHow exchange rates are quoted, what moves them, why an international ETF is always also a currency bet – and when currency hedging makes sense.4 min
  5. 5CryptocurrenciesBitcoin, Ethereum and stablecoins – what crypto assets are, how they are (or aren't) valued, what risks matter and how to store them safely.4 min
  6. 6Real Estate and REITsRental property, private real estate funds or listed REITs – how to invest in real estate, where the returns come from and why interest rates matter so much.4 min

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