Markets
Volatility
How much a price moves around.
In plain language
The size of the ups and downs over time. High volatility means bigger swings in both directions, not a guaranteed loss.
Why it matters
Ownership is uncomfortable sometimes. Knowing that in advance is the point.
Put it to work
Own more. Owe less.
Every word here shows up in a real decision. Run your own number, or get the next one in The Letter.