A fuller guide to this term is on the way. In the meantime, the related terms below explain the ideas around it.
Related Brickyard terms
- Brokerage AccountAn account you open with an investment firm to buy and sell stocks, bonds, funds, and other investments.
- Asset AllocationHow you split your money among stocks, bonds, and cash — the biggest driver of risk and growth.
- RebalancingPeriodically adjusting your investments back to your target mix after market moves push them out of balance.
- Target-Date FundAn all-in-one investment that automatically shifts to safer holdings as you approach a chosen retirement year.
- Management FeeThe charge a fund or advisor collects for managing your investments, often a yearly percentage of your balance.
- Index FundA fund that owns a broad slice of the market at low cost — the backbone of most investing.
Turn this into a brick
Knowing what Robo-Advisor means is knowledge — the first half. A brick gets placed when you act on it.
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Plain-English education — not personalized legal, tax, or investment advice.