Equity
Equity is the only asset class which can give inflation adjusted real return over
a period of time. Considering the tax free status of capital appreciation and regular
dividends, equity will always be an ideal asset class for wealth creation.Returns
in stock market will be volatile across time periods.
The returns are not regular and assured in nature. Stock market returns are always
back ended, not front ended. Compounding magic works only with a long term approach.