Asset Classes – Explain Like I’m Five

TL:DR - An asset is something valuable that you own, like money, a house, or stocks. Asset classes are groups of similar investments like stocks, bonds, cash, real estate, and commodities. Each class...

Annuity – Explain Like I’m Five

TL:DR: An annuity is a financial product sold by insurance companies that provides you with regular payments in exchange for a lump sum or series of payments. It's often used for retirement to ensure...

Amortization – Explain Like I’m Five

TL:DR Amortization is the planned process of paying for something, like a house, in regular, even amounts, usually on a monthly basis, until the total cost is paid off. Free Excel/Google Sheet...