# Glossary

### Buy and Hold

Buy and hold is a passive investment strategy where you buy assets and hold them for a long period regardless of fluctuations in the market.
Buy and Hold →

### Deflation

Deflation is a decrease of the general price level for goods and services in an economy over a period of time.
Deflation →

### Dollar-Cost Averaging (DCA)

Dollar-cost averaging is an investment strategy where you split the total amount to be invested across periodic purchases of a target asset to reduce the impact of volatility on the overall purchase.
Dollar-Cost Averaging →

### Financial Independence

Financial independence is the status of having enough income, for example with a passive income like dividends, to cover your living expenses for the rest of your life.
Financial Independence →

### FIRE

FIRE is a movement that promotes saving and investing to achieve financial independence and early retirement.
FIRE →

### Inflation

Inflation is an increase of the general price level for goods and services in an economy over a period of time.
Inflation →
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### Personal Finance Tools

Personal finance tools are software applications that help individuals manage their money, track expenses, set budgets, monitor investments, and make informed financial decisions.
Personal Finance Tools →
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### Stagflation

Stagflation describes a situation in which there is a stagnant economy with high unemployment and high inflation.
Stagflation →