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Dow Jones Industrial Average (Dow
The most commonly used indicator of stock market performance, based on prices of 30 actively traded blue chip stocks, primarily major industrial companies. The Average is the sum of the current market price of 30 major industrial companies' stocks divided by a number that has been adjusted to take into account stocks splits and changes in stock composition.
Community Property: A legal concept in some states where most property acquired during a marriage is considered jointly owned by both spouses and liabilities ar jointly shared
Inflation: The rate at which the general level of prices for goods and services rises, eroding purchasing power over time.
Trust: A legal arrangement where one party (trustee) holds and manages assets for the benefit of another (beneficiary) after a specific event such as incapacity or death
ETF (Exchange-Traded Fund): A type of investment fund that is traded on stock exchanges, similar to stocks. It holds a collection of assets, such as stocks or bonds
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