Wealthy Habitat

Words explained

Margin

Borrowing from a broker to hold a position, or the collateral required for it.

Where it is explained in full

Whole life insurance: what it is, who uses it, and the arithmetic nobody shows you. A life insurance policy that also holds a savings account inside it. It is sold to almost everyone and it fits a few people well. This page explains how it works and how to tell which you are, and it never tells you what to buy.

Cash secured puts and the wheel. Selling a put with cash set aside is a paid promise to buy stock at a price you chose. The wheel chains that promise to a covered call. Both deserve a full accounting.

Break even and runway: two numbers every owner should be able to say aloud. How many sales before the business stops losing money, and how many months of cash are left if nothing changes. Both are simple. Both are routinely unknown.

A definition says what a thing is; it never says whether it fits you. The guides explain how it works and name the professional who confirms it for a particular person. The No Advice Disclosure.

Words beside it

Ask about Margin

A model reads this page and answers from it. It will say when the answer is not on the page. Education, not personalized advice.