Active investing
BasicsSelecting investments or changing allocations in an attempt to outperform a benchmark.
Why it matters: The fair comparison includes fees, taxes, time, and risk—not only headline return.
Field dictionary
Finance, translated.
Definitions are only useful when you know why they change a decision. Search by word, concept, or consequence.
2 terms
Benchmark
BasicsA reference index or alternative used to evaluate performance and decisions.
Why it matters: Without one, it is easy to mistake a rising market for investing skill.