The Importance of Asset Classes

Most people that donate to something or multiple things today, 90% of their wealth is actually in non-cash assets. For the top 1% and top 10% of earners, definitely most of their wealth are in stocks, securities, ETFs, mutual funds, IRAs. And then especially for kind of the average American, if they have any kind of significant levels of net worth, a lot of is in real estate,. So you got to think about it. Alternative investments, even outside of real estate, is continuing to increase and is not going to stop.