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What is an Index?

An index is a statistical representation of the value of securities with certain charactertistics that make it up. An index often serves... Read Now

What is an Index Fund?

An index fund is a passively-managed mutual fund that tries to mirror the performance of a specific index, such as the S&P 500. Since... Read Now

What is Inflation?

The opposite of deflation, inflation is the increasing price of goods and services in an economy that is often caused by a increase in... Read Now

What is an Itemized Deduction?

An itemized deduction is an incurred expense which reduces an individual's taxable income, in accordance with IRS regulations. Itemized... Read Now