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What is NASDAQ? The NASDAQ refers to the Nasdaq Composite, an index listed on the NASDAQ stock exchange, where you can buy and sell stocks or shares of publicly traded companies. The NASDAQ is distinct because of its heavy weight towards the technology sector, featuring giants like Apple, Facebook, Tesla, and Google. Technology stocks account for over 50% of the Nasdaq Composite’s index weight. These types of stocks tend to be more volatile than stocks in other index funds that may be more dive

What is a Certificate of Deposit? A certificate of deposit, or a CD, COD, or Time Account, is a savings account that earns interest from the issuing bank over a fixed period. Since the money cannot be withdrawn without a fee or penalty, banks typically offer a predetermined rate of interest, which is generally higher than a typical savings account. { "@context": "https://schema.org", "@type": "DefinedTerm", "@id": "DefinedTerm", "name": "Certificates of Deposit (CDs)", "description":

What is CPI? The Consumer Price Index, or CPI, is the measure of the monthly change in prices that consumers are paying for goods and services. Some of the goods and services measured in the CPI include, food, housing, transportation, and healthcare, among others. The CPI is used as an indicator of inflation or deflation in the economy. { "@context": "https://schema.org", "@type": "DefinedTerm", "@id": "DefinedTerm", "name": "Consumer Price Index (CPI)", "description": "The Consumer

As you embark on this exciting chapter of your legal career, along with avoiding lifestyle creep, estate planning considerations, and learning how to maximize financial success, it's crucial to make informed decisions regarding your healthcare plan. There are several important factors to consider when choosing the right healthcare plan and using healthcare services in a cost-effective manner. Understanding Healthcare Costs The rise in popularity of high deductible health plans has shed light on

The early years of a successful athlete’s career are a thrilling time for both the athlete and their families. Change comes swiftly and often, with a lot of important life decisions to make in succession. For a spouse or family member, it can sometimes feel like they’re just along for the ride. The circle of trusted voices around your loved one increases, advice comes from many directions, and sudden wealth can feel overwhelming. As a spouse, parent, or family member, understanding the right qu

Natural disasters are unpredictable, and evacuation notices can sometimes come so quickly that it leaves us little time to prepare and to gather important documents that we'll need in case of property loss. With the ongoing effects of the Canadian wildfires prompting air quality alerts in 13 states in the Northeast and Atlantic and the 2023 fire season kicking off in California, our goal is to help our clients prepare in advance for these unforeseen events. At Wealthspire, our top priority is t

A budget is a financial plan that outlines the projected income and anticipated expenses used as a roadmap for an individual or an organization for a specified period. Budgets help ensure that essential expenses are covered while promoting responsible spending on remaining income. { "@context": "https://schema.org", "@type": "DefinedTerm", "@id": "DefinedTerm", "name": "Budget", "description": "A budget is a financial plan that outlines the projected income and anticipated expenses