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1492 terms

Glossary

Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.

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Human capital

Risk & psychology

The value of your remaining lifetime earnings, counted as an asset alongside the portfolio.

In plain terms

At 25 it is by far the largest holding and it is largely uncorrelated with the market, which is the real reason a young person can carry a high equity share. By 55 the ratio has inverted.

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Indian stock market glossary · Market Vidyalaya