Periodically trimming winners and topping up laggards to restore a portfolio's target asset weights.
A significant, widespread, and prolonged decline in economic activity. A common rule of thumb is two consecutive quarters of negative GDP growth.
A real estate investment trust that owns income-producing property and distributes most of its taxable income as dividends.
A profitability ratio calculated as net income divided by shareholders' equity. It measures how effectively a company uses equity capital to generate profits.
A retirement account funded with after-tax money where qualified withdrawals, including growth, are tax-free.