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Deserts that experience low clouds and drizzle tend to be found mainly
Roth IRA
A retirement savings account allowing individuals to contribute after-tax income, with tax-free withdrawals on both contributions and earnings after age 59½.
Traditional IRA
A Traditional IRA is a type of retirement account that allows individuals to direct pre-tax income toward investments that can grow tax-deferred until withdrawals begin at retirement age.
Deferred Annuity
A financial product that offers a stream of payments to the holder, typically starting at a future date, after an initial investment period.
Active Portfolio
In the context of the Treynor-Black model, the portfolio formed by mixing analyzed stocks of perceived nonzero alpha values. This portfolio is ultimately mixed with the passive market-index portfolio.
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