What is an Index Fund?
Type of mutual fund or ETF that is not actively managed. It consists of a portfolio of assets designed to match the components of a specific broad market index.
What is a Hedge Fund?
An investment fund that pools money from accredited investors to invest the money in assets and deliver above-average returns to its investors.
What is an Accredited Investor?
Individual or legal entity including high-net-worth individuals, banks, insurance companies, brokers, trusts, and investment funds allowed to invest in sophisticated high-risk investments such as venture capital, hedge funds, and angel investments.
What are Meme Stocks?
A stock that increases in trading volume due to its sudden popularity among retail investors who communicate with each other on social media.
What is an Individual Retirement Account (IRA)?
A retirement savings account that provides unique tax advantages to individuals in the United States.