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Britannica Money: Where your financial journey begins
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data-testid="FinancePortalCard"><div class="card-media position-relative" data-testid="CardMedia"><img loading="lazy" src="https://cdn.britannica.com/57/258657-159-2B32A7F2/American-currency-with-alarm-clock.jpg?c=crop&h=205&w=500" alt="A staged photograph of a blue vintage alarm clock placed on top of four $100 bills on a white textured surface." width="100%" data-testid="IrisImage"/></div><div class="card-body p-20" data-testid="CardBody"><span class="FinancePortalCard_categoryLabel__4fw_G font-weight-bold mb-5 d-block" style="--category-color:var(--green)" data-testid="CategoryLabel">Retirement</span><div class="FinancePortalCard_lg__d5f04 d-inline-block text-blue font-weight-semi-bold mb-5"><span class="FinancePortalCard_title__NGx2V font-weight-bold">What is a cash balance pension plan?</span></div><span class="text-gray-700 line-clamp clamp-2 font-16 d-block font-serif" data-testid="Description">Guaranteed money for retirement.</span></div></div></a></div><div class="HomePage_CustomMarginTop__cbK_b col-100 col-sm-50 col-lg-100"><div class="mb-20" data-testid="IconListItem"><div class="d-flex"><div><div class="mr-10 CategoryIcon_CategoryColor__LqKRy CategoryIcon_base__kFMzG d-inline-flex p-5 rounded-sm align-items-center justify-content-center CategoryIcon_inverted__rpZqw" style="--category-color:var(--green)" data-testid="CategoryIcon"><div class="Icon_Icon__0yAOn CategoryIcon_Icon__GYYag d-flex align-items-center" data-testid="Icon"><svg stroke="currentColor" fill="currentColor" stroke-width="0" viewBox="0 0 24 24" height="1em" width="1em" xmlns="http://www.w3.org/2000/svg"><path fill="none" d="M0 0h24v24H0z"></path><path d="m19.83 7.5-2.27-2.27c.07-.42.18-.81.32-1.15A1.498 1.498 0 0 0 16.5 2c-1.64 0-3.09.79-4 2h-5C4.46 4 2 6.46 2 9.5S4.5 21 4.5 21H10v-2h2v2h5.5l1.68-5.59 2.82-.94V7.5h-2.17zM13 9H8V7h5v2zm3 2c-.55 0-1-.45-1-1s.45-1 1-1 1 .45 1 1-.45 1-1 1z"></path></svg></div></div></div><div class="overflow-auto"><a class="font-18 font-weight-semi-bold lh-sm" href="/money/annuity-death-benefits"><span>Annuity death benefit: How to decide if it’s right for your loved ones</span></a><span class="mt-5 text-gray-700 text-truncate font-16 d-block font-serif" data-testid="Description">Leave the legacy you intend.</span></div></div></div><div class="mb-20" data-testid="IconListItem"><div class="d-flex"><div><div class="mr-10 CategoryIcon_CategoryColor__LqKRy CategoryIcon_base__kFMzG d-inline-flex p-5 rounded-sm align-items-center justify-content-center CategoryIcon_inverted__rpZqw" style="--category-color:var(--green)" data-testid="CategoryIcon"><div class="Icon_Icon__0yAOn CategoryIcon_Icon__GYYag d-flex align-items-center" data-testid="Icon"><svg stroke="currentColor" fill="currentColor" stroke-width="0" viewBox="0 0 24 24" height="1em" width="1em" xmlns="http://www.w3.org/2000/svg"><path fill="none" d="M0 0h24v24H0z"></path><path d="m19.83 7.5-2.27-2.27c.07-.42.18-.81.32-1.15A1.498 1.498 0 0 0 16.5 2c-1.64 0-3.09.79-4 2h-5C4.46 4 2 6.46 2 9.5S4.5 21 4.5 21H10v-2h2v2h5.5l1.68-5.59 2.82-.94V7.5h-2.17zM13 9H8V7h5v2zm3 2c-.55 0-1-.45-1-1s.45-1 1-1 1 .45 1 1-.45 1-1 1z"></path></svg></div></div></div><div class="overflow-auto"><a class="font-18 font-weight-semi-bold lh-sm" href="/money/457-vs-403b-plans"><span>Retirement saving basics: 457 plan vs. 403(b)</span></a><span class="mt-5 text-gray-700 text-truncate font-16 d-block font-serif" data-testid="Description">Nest eggs for nonprofit workers.</span></div></div></div></div></div></div><div class="col-100 col-lg-25"><div class="align-items-center d-flex justify-content-between mb-15"><h2 class="m-0"><a class="text-decoration-none" href="/money/browse/Companies"><div class="CategoryIcon_CategoryColor__LqKRy CategoryIcon_xl__A8_Uy d-inline-flex p-5 rounded-sm align-items-center justify-content-center CategoryIcon_inverted__rpZqw" style="--category-color:var(--red)" data-testid="CategoryIcon"><div class="Icon_Icon__0yAOn CategoryIcon_Icon__GYYag d-flex align-items-center" data-testid="Icon"><svg stroke="currentColor" fill="currentColor" stroke-width="0" viewBox="0 0 24 24" height="1em" width="1em" xmlns="http://www.w3.org/2000/svg"><path fill="none" d="M0 0h24v24H0z"></path><path d="M4 9h4v11H4zM16 13h4v7h-4zM10 4h4v16h-4z"></path></svg></div></div><span class="text-black m-0">Companies</span></a></h2></div><div class="grid g-40"><div class="col-100 col-sm-50 col-lg-100"><a class="text-decoration-none FinancePortalCard_link__4caV3" href="/money/eBay"><div class="card card-sm FinancePortalCard_FinancePortalCard__N91Ob" data-testid="FinancePortalCard"><div class="card-media position-relative" data-testid="CardMedia"><img loading="lazy" src="https://cdn.britannica.com/81/103081-050-10915127/logo-eBay-Inc-corporate-headquarters.jpg?c=crop&h=205&w=500" alt="eBay Logo" width="100%" data-testid="IrisImage"/></div><div class="card-body p-20" data-testid="CardBody"><span class="FinancePortalCard_categoryLabel__4fw_G font-weight-bold mb-5 d-block" style="--category-color:var(--red)" data-testid="CategoryLabel">Companies</span><div class="FinancePortalCard_lg__d5f04 d-inline-block text-blue font-weight-semi-bold mb-5"><span class="FinancePortalCard_title__NGx2V font-weight-bold">eBay</span></div><span class="text-gray-700 line-clamp clamp-2 font-16 d-block font-serif" data-testid="Description">online auction company</span></div></div></a></div><div class="HomePage_CustomMarginTop__cbK_b col-100 col-sm-50 col-lg-100"><div class="mb-20" data-testid="IconListItem"><div class="d-flex"><div><div class="mr-10 CategoryIcon_CategoryColor__LqKRy CategoryIcon_base__kFMzG d-inline-flex p-5 rounded-sm align-items-center justify-content-center CategoryIcon_inverted__rpZqw" style="--category-color:var(--red)" data-testid="CategoryIcon"><div class="Icon_Icon__0yAOn CategoryIcon_Icon__GYYag d-flex align-items-center" data-testid="Icon"><svg stroke="currentColor" fill="currentColor" stroke-width="0" viewBox="0 0 24 24" height="1em" width="1em" xmlns="http://www.w3.org/2000/svg"><path fill="none" d="M0 0h24v24H0z"></path><path d="M4 9h4v11H4zM16 13h4v7h-4zM10 4h4v16h-4z"></path></svg></div></div></div><div class="overflow-auto"><a class="font-18 font-weight-semi-bold lh-sm" href="/money/Time-Warner-Inc"><span>WarnerMedia</span></a><span class="mt-5 text-gray-700 text-truncate font-16 d-block font-serif" data-testid="Description">American media and entertainment conglomerate</span></div></div></div><div class="mb-20" data-testid="IconListItem"><div class="d-flex"><div><div class="mr-10 CategoryIcon_CategoryColor__LqKRy CategoryIcon_base__kFMzG d-inline-flex p-5 rounded-sm align-items-center justify-content-center CategoryIcon_inverted__rpZqw" style="--category-color:var(--red)" data-testid="CategoryIcon"><div class="Icon_Icon__0yAOn CategoryIcon_Icon__GYYag d-flex align-items-center" data-testid="Icon"><svg stroke="currentColor" fill="currentColor" stroke-width="0" viewBox="0 0 24 24" height="1em" width="1em" xmlns="http://www.w3.org/2000/svg"><path fill="none" d="M0 0h24v24H0z"></path><path d="M4 9h4v11H4zM16 13h4v7h-4zM10 4h4v16h-4z"></path></svg></div></div></div><div class="overflow-auto"><a class="font-18 font-weight-semi-bold lh-sm" href="/money/Berkshire-Hathaway"><span>Berkshire Hathaway</span></a><span class="mt-5 text-gray-700 text-truncate font-16 d-block font-serif" data-testid="Description">American company</span></div></div></div></div></div></div><div class="col-100 col-lg-25"><div class="align-items-center d-flex justify-content-between mb-15"><h2 class="m-0"><a class="text-decoration-none" href="/money/browse/Biographies"><div class="CategoryIcon_CategoryColor__LqKRy CategoryIcon_xl__A8_Uy d-inline-flex p-5 rounded-sm align-items-center justify-content-center CategoryIcon_inverted__rpZqw" style="--category-color:var(--blue-strong)" data-testid="CategoryIcon"><div class="Icon_Icon__0yAOn CategoryIcon_Icon__GYYag d-flex align-items-center" data-testid="Icon"><svg stroke="currentColor" fill="currentColor" stroke-width="0" viewBox="0 0 24 24" height="1em" width="1em" xmlns="http://www.w3.org/2000/svg"><path fill="none" d="M0 0h24v24H0z"></path><path d="M18.39 14.56C16.71 13.7 14.53 13 12 13s-4.71.7-6.39 1.56A2.97 2.97 0 0 0 4 17.22V20h16v-2.78c0-1.12-.61-2.15-1.61-2.66zM9.78 12h4.44c1.21 0 2.14-1.06 1.98-2.26l-.32-2.45C15.57 5.39 13.92 4 12 4S8.43 5.39 8.12 7.29L7.8 9.74c-.16 1.2.77 2.26 1.98 2.26z"></path></svg></div></div><span class="text-black m-0">Biographies</span></a></h2></div><div class="grid g-40"><div class="col-100 col-sm-50 col-lg-100"><a class="text-decoration-none FinancePortalCard_link__4caV3" href="/money/Benjamin-Altman"><div class="card card-sm FinancePortalCard_FinancePortalCard__N91Ob" data-testid="FinancePortalCard"><div class="card-media position-relative" data-testid="CardMedia"><img loading="lazy" src="https://cdn.britannica.com/63/163463-050-73FDD85D/flagship-store-B-Altman-Co-New-Yok.jpg?c=crop&h=205&w=500" alt="Altman, Benjamin: B. Altman &amp; Co. building" width="100%" data-testid="IrisImage"/></div><div class="card-body p-20" data-testid="CardBody"><span class="FinancePortalCard_categoryLabel__4fw_G font-weight-bold mb-5 d-block" style="--category-color:var(--blue-strong)" data-testid="CategoryLabel">Biographies</span><div class="FinancePortalCard_lg__d5f04 d-inline-block text-blue font-weight-semi-bold mb-5"><span class="FinancePortalCard_title__NGx2V font-weight-bold">Benjamin Altman</span></div><span class="text-gray-700 line-clamp clamp-2 font-16 d-block font-serif" data-testid="Description">American merchant, art collector, and philanthropist</span></div></div></a></div><div class="HomePage_CustomMarginTop__cbK_b col-100 col-sm-50 col-lg-100"><div class="mb-20" data-testid="IconListItem"><div class="d-flex"><div><div class="mr-10 CategoryIcon_CategoryColor__LqKRy CategoryIcon_base__kFMzG d-inline-flex p-5 rounded-sm align-items-center justify-content-center CategoryIcon_inverted__rpZqw" style="--category-color:var(--blue-strong)" data-testid="CategoryIcon"><div class="Icon_Icon__0yAOn CategoryIcon_Icon__GYYag d-flex align-items-center" data-testid="Icon"><svg stroke="currentColor" fill="currentColor" stroke-width="0" viewBox="0 0 24 24" height="1em" width="1em" xmlns="http://www.w3.org/2000/svg"><path fill="none" d="M0 0h24v24H0z"></path><path d="M18.39 14.56C16.71 13.7 14.53 13 12 13s-4.71.7-6.39 1.56A2.97 2.97 0 0 0 4 17.22V20h16v-2.78c0-1.12-.61-2.15-1.61-2.66zM9.78 12h4.44c1.21 0 2.14-1.06 1.98-2.26l-.32-2.45C15.57 5.39 13.92 4 12 4S8.43 5.39 8.12 7.29L7.8 9.74c-.16 1.2.77 2.26 1.98 2.26z"></path></svg></div></div></div><div class="overflow-auto"><a class="font-18 font-weight-semi-bold lh-sm" href="/money/Norman-Angell"><span>Sir Norman Angell</span></a><span class="mt-5 text-gray-700 text-truncate font-16 d-block font-serif" data-testid="Description">British economist</span></div></div></div><div class="mb-20" data-testid="IconListItem"><div class="d-flex"><div><div class="mr-10 CategoryIcon_CategoryColor__LqKRy CategoryIcon_base__kFMzG d-inline-flex p-5 rounded-sm align-items-center justify-content-center CategoryIcon_inverted__rpZqw" style="--category-color:var(--blue-strong)" data-testid="CategoryIcon"><div class="Icon_Icon__0yAOn CategoryIcon_Icon__GYYag d-flex align-items-center" data-testid="Icon"><svg stroke="currentColor" fill="currentColor" stroke-width="0" viewBox="0 0 24 24" height="1em" width="1em" xmlns="http://www.w3.org/2000/svg"><path fill="none" d="M0 0h24v24H0z"></path><path d="M18.39 14.56C16.71 13.7 14.53 13 12 13s-4.71.7-6.39 1.56A2.97 2.97 0 0 0 4 17.22V20h16v-2.78c0-1.12-.61-2.15-1.61-2.66zM9.78 12h4.44c1.21 0 2.14-1.06 1.98-2.26l-.32-2.45C15.57 5.39 13.92 4 12 4S8.43 5.39 8.12 7.29L7.8 9.74c-.16 1.2.77 2.26 1.98 2.26z"></path></svg></div></div></div><div class="overflow-auto"><a class="font-18 font-weight-semi-bold lh-sm" href="/money/Elizabeth-Arden-American-businesswoman"><span>Elizabeth Arden</span></a><span class="mt-5 text-gray-700 text-truncate font-16 d-block font-serif" data-testid="Description">American businesswoman</span></div></div></div></div></div></div><div class="col-100 col-lg-25"><div class="align-items-center d-flex justify-content-between mb-15"><h2 class="m-0"><a class="text-decoration-none" href="/money/browse/history-and-theory"><div class="CategoryIcon_CategoryColor__LqKRy CategoryIcon_xl__A8_Uy d-inline-flex p-5 rounded-sm align-items-center justify-content-center CategoryIcon_inverted__rpZqw" style="--category-color:var(--orange-light)" data-testid="CategoryIcon"><div class="Icon_Icon__0yAOn CategoryIcon_Icon__GYYag d-flex align-items-center" data-testid="Icon"><svg stroke="currentColor" fill="currentColor" stroke-width="0" viewBox="0 0 24 24" height="1em" width="1em" xmlns="http://www.w3.org/2000/svg"><path fill="none" d="M0 0h24v24H0z"></path><path d="M5 13.18v4L12 21l7-3.82v-4L12 17l-7-3.82zM12 3 1 9l11 6 9-4.91V17h2V9L12 3z"></path></svg></div></div><span class="text-black m-0">Finance & the Economy</span></a></h2></div><div class="grid g-40"><div class="col-100 col-sm-50 col-lg-100"><a class="text-decoration-none FinancePortalCard_link__4caV3" href="/money/interstate-commerce-United-States-law"><div class="card card-sm FinancePortalCard_FinancePortalCard__N91Ob" data-testid="FinancePortalCard"><div class="card-media position-relative" data-testid="CardMedia"><img loading="lazy" src="https://cdn.britannica.com/91/132291-050-4A304F97/horse-wagon-Interstate-Commerce-Traffic-Only-1900.jpg?c=crop&h=205&w=500" alt="Sign displayed on horse and wagon, c. 1900, specifying that it was being used for “Interstate Commerce Traffic Only.”" width="100%" data-testid="IrisImage"/></div><div class="card-body p-20" data-testid="CardBody"><span class="FinancePortalCard_categoryLabel__4fw_G font-weight-bold mb-5 d-block" style="--category-color:var(--orange-light)" data-testid="CategoryLabel">Finance & the Economy</span><div class="FinancePortalCard_lg__d5f04 d-inline-block text-blue font-weight-semi-bold mb-5"><span class="FinancePortalCard_title__NGx2V font-weight-bold">interstate commerce</span></div><span class="text-gray-700 line-clamp clamp-2 font-16 d-block font-serif" data-testid="Description">United States law</span></div></div></a></div><div class="HomePage_CustomMarginTop__cbK_b col-100 col-sm-50 col-lg-100"><div class="mb-20" data-testid="IconListItem"><div class="d-flex"><div><div class="mr-10 CategoryIcon_CategoryColor__LqKRy CategoryIcon_base__kFMzG d-inline-flex p-5 rounded-sm align-items-center justify-content-center CategoryIcon_inverted__rpZqw" style="--category-color:var(--orange-light)" data-testid="CategoryIcon"><div class="Icon_Icon__0yAOn CategoryIcon_Icon__GYYag d-flex align-items-center" data-testid="Icon"><svg stroke="currentColor" fill="currentColor" stroke-width="0" viewBox="0 0 24 24" height="1em" width="1em" xmlns="http://www.w3.org/2000/svg"><path fill="none" d="M0 0h24v24H0z"></path><path d="M5 13.18v4L12 21l7-3.82v-4L12 17l-7-3.82zM12 3 1 9l11 6 9-4.91V17h2V9L12 3z"></path></svg></div></div></div><div class="overflow-auto"><a class="font-18 font-weight-semi-bold lh-sm" href="/money/investment"><span>investment</span></a><span class="mt-5 text-gray-700 text-truncate font-16 d-block font-serif" data-testid="Description">finance</span></div></div></div><div class="mb-20" data-testid="IconListItem"><div class="d-flex"><div><div class="mr-10 CategoryIcon_CategoryColor__LqKRy CategoryIcon_base__kFMzG d-inline-flex p-5 rounded-sm align-items-center justify-content-center CategoryIcon_inverted__rpZqw" style="--category-color:var(--orange-light)" data-testid="CategoryIcon"><div class="Icon_Icon__0yAOn CategoryIcon_Icon__GYYag d-flex align-items-center" data-testid="Icon"><svg stroke="currentColor" fill="currentColor" stroke-width="0" viewBox="0 0 24 24" height="1em" width="1em" xmlns="http://www.w3.org/2000/svg"><path fill="none" d="M0 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Economic data includes government reports such as GDP, unemployment, inflation, and housing numbers, as well as trends in fiscal and monetary policy.\",\"imageUrl\":\"https://cdn.britannica.com/20/235620-159-F34405A1/britannica-money-default-subject-logo-investment.jpg\",\"categoryIcon\":{\"name\":\"MdShowChart\",\"color\":\"orange\"},\"slug\":\"Economic-Data\",\"url\":\"/money/browse/Economic-Data\"},{\"id\":13114,\"parentId\":13100,\"title\":\"Fundamental Analysis\",\"description\":\"Does a specific stock deserve a place in your portfolio? Due diligence starts with fundamental analysis: Earnings and earnings ratios, financial statements, growth and growth potential, and the competitive environment.\",\"imageUrl\":\"https://cdn.britannica.com/20/235620-159-F34405A1/britannica-money-default-subject-logo-investment.jpg\",\"categoryIcon\":{\"name\":\"MdShowChart\",\"color\":\"orange\"},\"slug\":\"Fundamental-Analysis\",\"url\":\"/money/browse/Fundamental-Analysis\"},{\"id\":13115,\"parentId\":13100,\"title\":\"Markets \u0026 Regulation\",\"description\":\"Modern financial markets are relatively easy to navigate, but amazingly complex when you dig beneath the surface. Learn how markets work, who the players are, how money and securities change hands, and how the system is regulated.\",\"imageUrl\":\"https://cdn.britannica.com/20/235620-159-F34405A1/britannica-money-default-subject-logo-investment.jpg\",\"categoryIcon\":{\"name\":\"MdShowChart\",\"color\":\"orange\"},\"slug\":\"Markets-Regulation\",\"url\":\"/money/browse/Markets-Regulation\"},{\"id\":13116,\"parentId\":13100,\"title\":\"Portfolio Management\",\"description\":\"Your portfolio is the amalgamation of all your assets—stocks, bonds, real estate, the funds in your 401(k), and your cash. A well-managed portfolio will aim for solid long-term returns—adjusted for your risk tolerance and time horizon—and will shift along with your changing objectives.\",\"imageUrl\":\"https://cdn.britannica.com/20/235620-159-F34405A1/britannica-money-default-subject-logo-investment.jpg\",\"categoryIcon\":{\"name\":\"MdShowChart\",\"color\":\"orange\"},\"slug\":\"Portfolio-Management\",\"url\":\"/money/browse/Portfolio-Management\"},{\"id\":13117,\"parentId\":13100,\"title\":\"Stocks \u0026 Indexes\",\"description\":\"A stock represents partial ownership of a company, and a stock index tracks a basket of stocks of different companies. Learn the ins and outs of the stock market, the 11 sectors within it, and the various indexes that measure its overall performance.\",\"imageUrl\":\"https://cdn.britannica.com/20/235620-159-F34405A1/britannica-money-default-subject-logo-investment.jpg\",\"categoryIcon\":{\"name\":\"MdShowChart\",\"color\":\"orange\"},\"slug\":\"Stocks-Indexes\",\"url\":\"/money/browse/Stocks-Indexes\"}]},{\"category\":{\"id\":13400,\"parentId\":13000,\"title\":\"Trading\",\"description\":\"Trading is the short-term buying and selling of stocks, commodities, options, cryptocurrencies, and other securities. Trading has different objectives and strategies than long-term investing. Traders use technical analysis, buy and sell on margin, and look to capture price inefficiencies.\",\"imageUrl\":\"https://cdn.britannica.com/21/235621-159-24129B3B/britannica-money-default-subject-logo-retirement.jpg\",\"categoryIcon\":{\"name\":\"MdOutlineToll\",\"color\":\"violet-strong\"},\"slug\":\"Trading\",\"url\":\"/money/browse/Trading\"},\"subcategories\":[{\"id\":13401,\"parentId\":13400,\"title\":\"Crypto \u0026 Foreign Exchange\",\"description\":\"Active trading in foreign exchange (“forex”) has been around for decades, while cryptocurrencies are relative newcomers. Both track the relative value of currencies or cryptocurrencies: dollars, euro, yen, and pounds as well as Bitcoin, Ethereum, Solana, and Dogecoin.\",\"imageUrl\":\"https://cdn.britannica.com/21/235621-159-24129B3B/britannica-money-default-subject-logo-retirement.jpg\",\"categoryIcon\":{\"name\":\"MdOutlineToll\",\"color\":\"violet-strong\"},\"slug\":\"Crypto-Foreign-Exchange\",\"url\":\"/money/browse/Crypto-Foreign-Exchange\"},{\"id\":13402,\"parentId\":13400,\"title\":\"Futures \u0026 Margin Trading\",\"description\":\"Futures contracts allow traders and investors to speculate on the direction of—and hedge underlying positions in—stock indexes, interest rates, commodities, precious metals, and more.\",\"imageUrl\":\"https://cdn.britannica.com/21/235621-159-24129B3B/britannica-money-default-subject-logo-retirement.jpg\",\"categoryIcon\":{\"name\":\"MdOutlineToll\",\"color\":\"violet-strong\"},\"slug\":\"Futures-Margin-Trading\",\"url\":\"/money/browse/Futures-Margin-Trading\"},{\"id\":13403,\"parentId\":13400,\"title\":\"Options Trading\",\"description\":\"Options are derivative contracts that give the buyer the right to buy or sell a security at a specific price. Options can be flexible and capital efficient. But understanding the math behind them, plus the lingo, strategies, and risk parameters, requires some training.\",\"imageUrl\":\"https://cdn.britannica.com/21/235621-159-24129B3B/britannica-money-default-subject-logo-retirement.jpg\",\"categoryIcon\":{\"name\":\"MdOutlineToll\",\"color\":\"violet-strong\"},\"slug\":\"Options-Trading\",\"url\":\"/money/browse/Options-Trading\"},{\"id\":13404,\"parentId\":13400,\"title\":\"Technical Analysis\",\"description\":\"Is there predictive power in price and volume data? Technical analysts watch the charts, look for patterns, and use a blend of art and science to try to optimize the timing and price levels for buy and sell orders.\",\"imageUrl\":\"https://cdn.britannica.com/21/235621-159-24129B3B/britannica-money-default-subject-logo-retirement.jpg\",\"categoryIcon\":{\"name\":\"MdOutlineToll\",\"color\":\"violet-strong\"},\"slug\":\"Technical-Analysis\",\"url\":\"/money/browse/Technical-Analysis\"},{\"id\":13405,\"parentId\":13400,\"title\":\"Trading Strategy\",\"description\":\"Active trading requires some specialized skill—and a special mindset. Learn how to manage capital and trading positions, as well as emotions and biases. \",\"imageUrl\":\"https://cdn.britannica.com/21/235621-159-24129B3B/britannica-money-default-subject-logo-retirement.jpg\",\"categoryIcon\":{\"name\":\"MdOutlineToll\",\"color\":\"violet-strong\"},\"slug\":\"Trading-Strategy\",\"url\":\"/money/browse/Trading-Strategy\"}]},{\"category\":{\"id\":13200,\"parentId\":13000,\"title\":\"Retirement\",\"description\":\"We all dream of a comfortable retirement. Learn all about the various retirement savings accounts and how to maximize them. Careful planning of your retirement income, budget, and lifestyle can help make sure you don't outlive your money.\",\"imageUrl\":\"https://cdn.britannica.com/21/235621-159-24129B3B/britannica-money-default-subject-logo-retirement.jpg\",\"categoryIcon\":{\"name\":\"MdSavings\",\"color\":\"green\"},\"slug\":\"retirement\",\"url\":\"/money/browse/retirement\"},\"subcategories\":[{\"id\":13201,\"parentId\":13200,\"title\":\"Defined Contribution Plans\",\"description\":\"401(k) plans and individual retirement accounts (IRAs) are examples of defined contribution plans. You decide how much to contribute, and those savings are invested to compound and (hopefully) capture market earnings. Learn about traditional, Roth, SEP, and SIMPLE plans, as well as 403(b), 457, and solo 401(k) plans.\",\"imageUrl\":\"https://cdn.britannica.com/21/235621-159-24129B3B/britannica-money-default-subject-logo-retirement.jpg\",\"categoryIcon\":{\"name\":\"MdSavings\",\"color\":\"green\"},\"slug\":\"Defined-Contribution-Plans\",\"url\":\"/money/browse/Defined-Contribution-Plans\"},{\"id\":13202,\"parentId\":13200,\"title\":\"Estate Planning\",\"description\":\"Estate planning isn't just for the wealthy. Pretty much anyone with assets, families, and even pets should have plans in place—just in case.\",\"imageUrl\":\"https://cdn.britannica.com/21/235621-159-24129B3B/britannica-money-default-subject-logo-retirement.jpg\",\"categoryIcon\":{\"name\":\"MdSavings\",\"color\":\"green\"},\"slug\":\"Estate-Planning\",\"url\":\"/money/browse/Estate-Planning\"},{\"id\":13203,\"parentId\":13200,\"title\":\"Pensions \u0026 Annuities\",\"description\":\"An annuity is a series of payments made at fixed, regular intervals. Defined benefit plans (such as government and company pension plans) are one type of annuity. Insurance companies also sell annuity products that are designed to offer predictable income streams in retirement. But fair warning: they're complex.\",\"imageUrl\":\"https://cdn.britannica.com/21/235621-159-24129B3B/britannica-money-default-subject-logo-retirement.jpg\",\"categoryIcon\":{\"name\":\"MdSavings\",\"color\":\"green\"},\"slug\":\"Pensions-Annuities\",\"url\":\"/money/browse/Pensions-Annuities\"},{\"id\":13204,\"parentId\":13200,\"title\":\"Retirement Living\",\"description\":\"Throughout your career, you've been looking forward to retirement. But once you're there, you have a brand new set of decisions to make: travel, budgeting, tackling the bucket list, and maybe even taking on a new job or side hustle. Retirement living: It's a new beginning.\",\"imageUrl\":\"https://cdn.britannica.com/21/235621-159-24129B3B/britannica-money-default-subject-logo-retirement.jpg\",\"categoryIcon\":{\"name\":\"MdSavings\",\"color\":\"green\"},\"slug\":\"Retirement-Living\",\"url\":\"/money/browse/Retirement-Living\"},{\"id\":13205,\"parentId\":13200,\"title\":\"Retirement Planning\",\"description\":\"Are you expecting a long and comfortable retirement? Plan ahead. Will your savings and income streams support all your dreams for your golden years? And do you have contingency plans in case things change? Learn how to plan and strategize for retirement.\",\"imageUrl\":\"https://cdn.britannica.com/21/235621-159-24129B3B/britannica-money-default-subject-logo-retirement.jpg\",\"categoryIcon\":{\"name\":\"MdSavings\",\"color\":\"green\"},\"slug\":\"Retirement-Planning\",\"url\":\"/money/browse/Retirement-Planning\"},{\"id\":13206,\"parentId\":13200,\"title\":\"Social Security \u0026 Medicare\",\"description\":\"Most of us pay into Social Security and Medicare throughout our working lives; in retirement, we receive benefits. But to get the most out of these two government programs—and tailor them to your personal situation—you need to learn how they work.\",\"imageUrl\":\"https://cdn.britannica.com/21/235621-159-24129B3B/britannica-money-default-subject-logo-retirement.jpg\",\"categoryIcon\":{\"name\":\"MdSavings\",\"color\":\"green\"},\"slug\":\"Social-Security-Medicare\",\"url\":\"/money/browse/Social-Security-Medicare\"}]},{\"category\":{\"id\":13700,\"parentId\":13000,\"title\":\"Companies\",\"description\":\"The Global Industry Classification Standard (GICS) places companies into eleven sectors: Communication services, consumer discretionary, consumer staples, energy, financials, health care, industrials, information technology, materials, real estate, and utilities.\",\"imageUrl\":\"https://cdn.britannica.com/20/235620-159-F34405A1/britannica-money-default-subject-logo-investment.jpg\",\"categoryIcon\":{\"name\":\"MdBarChart\",\"color\":\"red\"},\"slug\":\"Companies\",\"url\":\"/money/browse/Companies\"},\"subcategories\":[{\"id\":13709,\"parentId\":13700,\"title\":\"Communication Services\",\"description\":\"Communication services, added in 2018, includes traditional and social media, web platforms, video game makers, and telecom providers. Companies include AT\u0026T, Netflix, Facebook parent Meta, and Google parent Alphabet.\",\"imageUrl\":\"https://cdn.britannica.com/20/235620-159-F34405A1/britannica-money-default-subject-logo-investment.jpg\",\"categoryIcon\":{\"name\":\"MdBarChart\",\"color\":\"red\"},\"slug\":\"Communication-Services\",\"url\":\"/money/browse/Communication-Services\"},{\"id\":13704,\"parentId\":13700,\"title\":\"Consumer Discretionary\",\"description\":\"Discretionary companies - autos, travel and entertainment companies, apparel makers, and e-commerce - tend to rise and fall with the consumer economy. Companies include Ford, Nike, Disney, McDonald’s, and Amazon.\",\"imageUrl\":\"https://cdn.britannica.com/20/235620-159-F34405A1/britannica-money-default-subject-logo-investment.jpg\",\"categoryIcon\":{\"name\":\"MdBarChart\",\"color\":\"red\"},\"slug\":\"Consumer-Discretionary\",\"url\":\"/money/browse/Consumer-Discretionary\"},{\"id\":13705,\"parentId\":13700,\"title\":\"Consumer Staples\",\"description\":\"Staples are everyday products such as toothpaste, detergent, food and beverages, groceries, and beauty supplies. Companies include Costco, Walmart, Coca-Cola, and Procter \u0026 Gamble.\",\"imageUrl\":\"https://cdn.britannica.com/20/235620-159-F34405A1/britannica-money-default-subject-logo-investment.jpg\",\"categoryIcon\":{\"name\":\"MdBarChart\",\"color\":\"red\"},\"slug\":\"Consumer-Staples\",\"url\":\"/money/browse/Consumer-Staples\"},{\"id\":13701,\"parentId\":13700,\"title\":\"Energy\",\"description\":\"The energy sector, which includes oil and gas producers, pipeline builders, and refineries, tends to follow commodities. Companies include ExxonMobil, Halliburton, Chevron, Occidental, and ConocoPhillips.\",\"imageUrl\":\"https://cdn.britannica.com/20/235620-159-F34405A1/britannica-money-default-subject-logo-investment.jpg\",\"categoryIcon\":{\"name\":\"MdBarChart\",\"color\":\"red\"},\"slug\":\"Energy\",\"url\":\"/money/browse/Energy\"},{\"id\":13707,\"parentId\":13700,\"title\":\"Financials\",\"description\":\"The financials sector includes insurance, commercial and investment banks, brokers, and credit card and payment providers. Companies include JPMorganChase, PayPal, Allstate, Visa, BlackRock, and Goldman Sachs.\",\"imageUrl\":\"https://cdn.britannica.com/20/235620-159-F34405A1/britannica-money-default-subject-logo-investment.jpg\",\"categoryIcon\":{\"name\":\"MdBarChart\",\"color\":\"red\"},\"slug\":\"Financials\",\"url\":\"/money/browse/Financials\"},{\"id\":13706,\"parentId\":13700,\"title\":\"Health Care\",\"description\":\"The health care sector includes pharmaceuticals, medical devices, biotechnology, and health insurance companies. Top names include Pfizer, UnitedHealth, Medtronic, and Johnson \u0026 Johnson.\",\"imageUrl\":\"https://cdn.britannica.com/20/235620-159-F34405A1/britannica-money-default-subject-logo-investment.jpg\",\"categoryIcon\":{\"name\":\"MdBarChart\",\"color\":\"red\"},\"slug\":\"Health-Care\",\"url\":\"/money/browse/Health-Care\"},{\"id\":13703,\"parentId\":13700,\"title\":\"Industrials\",\"description\":\"The industrials sector includes construction, agricultural machinery, airplanes, defense (weapons) contractors, railroads, and delivery companies. Top names include Lockheed Martin, Boeing, Caterpillar, FedEx, 3M, and CSX.\",\"imageUrl\":\"https://cdn.britannica.com/20/235620-159-F34405A1/britannica-money-default-subject-logo-investment.jpg\",\"categoryIcon\":{\"name\":\"MdBarChart\",\"color\":\"red\"},\"slug\":\"Industrials\",\"url\":\"/money/browse/Industrials\"},{\"id\":13708,\"parentId\":13700,\"title\":\"Information Technology\",\"description\":\"The growth-oriented tech sector makes and services semiconductors, cell phones, computer hardware and software, and services such as cloud computing. Companies include Apple, Microsoft, NVIDIA, and Cisco.\",\"imageUrl\":\"https://cdn.britannica.com/20/235620-159-F34405A1/britannica-money-default-subject-logo-investment.jpg\",\"categoryIcon\":{\"name\":\"MdBarChart\",\"color\":\"red\"},\"slug\":\"Information-Technology\",\"url\":\"/money/browse/Information-Technology\"},{\"id\":13702,\"parentId\":13700,\"title\":\"Materials\",\"description\":\"The materials sector includes agricultural services, miners, and makers of paper, steel, and chemicals. Typically growth-oriented dividend payers, companies include International Paper, Alcoa, Dow, Freeport-McMoRan, and Newmont.\",\"imageUrl\":\"https://cdn.britannica.com/20/235620-159-F34405A1/britannica-money-default-subject-logo-investment.jpg\",\"categoryIcon\":{\"name\":\"MdBarChart\",\"color\":\"red\"},\"slug\":\"Materials\",\"url\":\"/money/browse/Materials\"},{\"id\":13710,\"parentId\":13700,\"title\":\"Utilities\",\"description\":\"Known for stability and a history of solid dividends, the utilities sector includes electricity providers, nuclear power companies, and waste haulers. Companies include NextEra, Waste Management, and Duke Energy.\",\"imageUrl\":\"https://cdn.britannica.com/20/235620-159-F34405A1/britannica-money-default-subject-logo-investment.jpg\",\"categoryIcon\":{\"name\":\"MdBarChart\",\"color\":\"red\"},\"slug\":\"Utilities\",\"url\":\"/money/browse/Utilities\"}]},{\"category\":{\"id\":13600,\"parentId\":13000,\"title\":\"Biographies\",\"description\":\"Behind all the great ideas, philosophies, inventions, and industries are people who create, cultivate, and lead. Learn about the entrepreneurs, financiers, business executives, and economic thought leaders who shaped the world of money and finance.\",\"imageUrl\":\"https://cdn.britannica.com/22/235622-159-A518C19F/britannica-money-default-subject-logo-home-finance.jpg\",\"categoryIcon\":{\"name\":\"MdPerson2\",\"color\":\"blue-strong\"},\"slug\":\"Biographies\",\"url\":\"/money/browse/Biographies\"},\"subcategories\":[{\"id\":13601,\"parentId\":13600,\"title\":\"Bankers \u0026 Financiers\",\"description\":\"Learn about the bankers, financiers, and other facilitators of capital market growth throughout history - those who underwrote the industrial revolution, the building of railroads and automobiles, and today’s technology platforms.\",\"imageUrl\":\"https://cdn.britannica.com/22/235622-159-A518C19F/britannica-money-default-subject-logo-home-finance.jpg\",\"categoryIcon\":{\"name\":\"MdPerson2\",\"color\":\"blue-strong\"},\"slug\":\"Bankers-Financiers\",\"url\":\"/money/browse/Bankers-Financiers\"},{\"id\":13602,\"parentId\":13600,\"title\":\"Business Executives\",\"description\":\"Learn about the men \u0026 women who helped - and are helping - shape global corporations, private businesses, sports teams, \u0026 technology start-ups.\",\"imageUrl\":\"https://cdn.britannica.com/22/235622-159-A518C19F/britannica-money-default-subject-logo-home-finance.jpg\",\"categoryIcon\":{\"name\":\"MdPerson2\",\"color\":\"blue-strong\"},\"slug\":\"Businesspeople-Executives\",\"url\":\"/money/browse/Businesspeople-Executives\"},{\"id\":13603,\"parentId\":13600,\"title\":\"Economists\",\"description\":\"Learn about the academics, researchers, statisticians, and policymakers who shaped the economy—plus the thought leadership, models, formulas, and philosophies they crafted and implemented.\",\"imageUrl\":\"https://cdn.britannica.com/22/235622-159-A518C19F/britannica-money-default-subject-logo-home-finance.jpg\",\"categoryIcon\":{\"name\":\"MdPerson2\",\"color\":\"blue-strong\"},\"slug\":\"Economists\",\"url\":\"/money/browse/Economists\"},{\"id\":13604,\"parentId\":13600,\"title\":\"Entrepreneurs\",\"description\":\"Entrepreneurs bear the economic uncertainties and risks of starting and running new businesses to generate profit and economic value. Learn about these industrialists, number crunchers, and technology innovators.\",\"imageUrl\":\"https://cdn.britannica.com/22/235622-159-A518C19F/britannica-money-default-subject-logo-home-finance.jpg\",\"categoryIcon\":{\"name\":\"MdPerson2\",\"color\":\"blue-strong\"},\"slug\":\"Entrepreneurs\",\"url\":\"/money/browse/Entrepreneurs\"}]},{\"category\":{\"id\":13500,\"parentId\":13000,\"title\":\"Finance \u0026 the Economy\",\"description\":\"Explore the full spectrum of finance and economics, from historical frameworks to contemporary topics. 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