When employers intend to give their employees a tax-advantaged opportunity to save money for retirement, they usually offer them to participate in a 401(k) plan. Some employers...

What is Blockchain? A Blockchain refers to a distributed ledger technology that allows participants to store data globally on thousands of servers. It functions like a special...

What is a Mutual Fund? A mutual fund is an investment fund that allows an individual investor to pool his/her money together with other investors. Purchasing the...

What is an index fund? An Index Fund refers to an Exchange Traded Fund (ETF) or mutual fund designed to track or match the investment results of...

DTI, or the debt-to-income ratio, refers to a personal finance measure. This ratio compares the debt payments you pay every month to your monthly gross income. Your...

What stands for FAANG?  In financial terminology, FAANG or FAANG stocks is a well-known acronym that describes the stocks of the most prominent technology companies. These are...