Expected value calculates average future investment returns based on outcome probabilities. In finance, expected value guides portfolio construction and when to sell assets with lower future value.

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Pooja Dave began her writing career in fiction before turning to financial journalism with an interest in personal finance and insurance topics. Charlene Rhinehart is a CPA , CFE, chair of an Illinois ...

Variable life insurance is a permanent life insurance policy with an investment component. Learn more about how it works and about its pros and cons.