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Key Concepts and Strategies:
Time Value of Money: Understanding the value of money over time and its implications for investment decisions.
Diversification: Spreading investments across different asset classes to manage risk.
Leverage: Using borrowed funds to increase investment returns (but also increasing risk).
Tax Planning: Strategies to minimize tax liabilities and maximize after-tax returns.
Financial Ratios: Metrics used to analyze the financial health and performance of individuals, companies, or investments.
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