What is Equity?
Because this is a personal finance blog, I feel it’s important from time to time to discuss, explain, or define some of the more arcane or vague technical jargon that we encounter.
For one, it discourages people from investing because it somehow magnifies how much we “don’t know” yet.
Second, it creates confusion or uncertainty. We hear something and we say “What is that?” with matching blank looks, furrowed brows, and head scratching. And then we’re unsure what to do next.
So for today, we will tackle one of the more common terms we hear: Equity.