Time to understand the language
A tax-advantaged retirement savings plan sponsored by employers that allows employees to contribute pre-tax earnings.
The process of dividing investments among different asset categories such as stocks, bonds, and cash.
Interest calculated on the initial principal and all accumulated interest from previous periods.
A numerical expression representing a person's creditworthiness based on their credit history.
An investment strategy of spreading investments across various assets to reduce risk.
A payment made by a corporation to its shareholders, usually from profits.
Savings set aside specifically for unexpected expenses or financial emergencies.
A type of mutual fund or ETF designed to track the performance of a specific market index.
The rate at which the general level of prices for goods and services rises, eroding purchasing power.
The total value of your assets minus your liabilities, representing your overall financial position.