Glossary

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What is Discretionary Income?

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Discretionary income is any extra income a person can spend after they have taken care of their essential expenses like housing,... Read Now

What is Diversification?

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Diversification is an investment portfolio strategy designed to reduce risk by combining a variety of investments, such as stocks, bonds,... Read Now

What is Equity?

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Equity is an ownership interest in a publicly-traded company represented in the form of common or preferred stock. Equity can also mean a... Read Now

What is Exchange Rate?

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Exchange rate is the rate at which one currency can be converted into another. Exchange rates are a common consideration when traveling... Read Now
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