5 financial terms one must know
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Developing financial skills is very important nowadays. It is very important to know the basics of finance. Financial fluency can help you a lot in your personal as well as professional life. Therefore, understanding the basic terms of finance is a must. So here are a few financial terminologies that one must be aware of!
1) Assets: Your current holdings that can be beneficial in the future.
2) Asset Allocation: It refers to different investments where you want to invest your money.
3) Inflation: Increase in the rise of price.
4) Market Volatility: Amount of uncertainty in the value of an asset.
5) Stocks: Investment in the shares of a company that gives you the part-ownership of that company.