Home Equity

Home equity is the portion of a property’s value that you truly “own.” Technically it’s the current market value of your home minus any…

home equity loan

A home equity loan (also called an equity loan, home equity installment loan, or second mortgage) lets a homeowner borrow a lump sum secured…

Hindsight bias

• Hindsight bias is the tendency to see past events as having been predictable once you know the outcome. It makes people overestimate their…

Hindenburg Omen

Summary The Hindenburg Omen is a technical market warning signal intended to identify an elevated probability of a broad market crash. Developed from historical…

highly compensated employee

• A highly compensated employee (HCE) is defined by the IRS based on ownership and compensation tests. Being an HCE can limit how much…

Higher Education Act of 1965 (HEA)

Key takeaways – The Higher Education Act of 1965 (HEA) created the federal architecture for financial aid and program support for post‑secondary education in…

high low method

• The high‑low method separates mixed costs into a fixed component and a variable-per‑unit component using only the highest and lowest activity observations. –…

High Earners, Not Rich Yet HENRYs

Key takeaways – HENRYs (High Earners, Not Rich Yet) earn high incomes—commonly thought of in the $250k–$500k household range—but lack commensurate investable assets and…

High Deductible Health Plan HDHP

• An HDHP is a health insurance plan that requires you to pay a relatively large amount out of pocket (the deductible) before most…

Heuristics

Heuristics are mental shortcuts or “rules of thumb” people use to simplify decision-making and problem solving. Rather than calculating perfect, optimal solutions from all…