Investable index investopedia
The words “benchmark” and “index” are often used interchangeably, but actually describe quite different things. not the investable portion of that market. As the broadest measure of Investable assets include cash, funds in your bank accounts, money held in retirement accounts, mutual funds, stocks, bonds, certificates of deposit, and insurance contracts with cash value. Excluded from investable assets are those not easily converted to cash, also known as physical or tangible assets.