Wealthy Habitat

Words explained

security

A security is a financial instrument like a stock or bond that you can own or trade. It represents either a loan you made or a small piece of ownership in something.

Where it is explained in full

Roth or traditional: two jars, one tax bill. Pay the tax now or pay it later. That is the whole choice, and it turns on one number nobody knows: what your tax rate will be when you are old.

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

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