Fungibility

Fungibility

In today’s episode of Wealth Talks, Tom and John explore the concept of fungibility—and no, it’s not about mold or mushrooms! Instead, fungibility is a key concept in finance that relates to the interchangeability of assets. Whether it’s money, stocks, or other financial instruments, fungibility explains how one unit can be replaced with another of equal value.

Key Takeaways:

• What fungibility really means in the world of finance.
• Examples of fungible assets (like cash) versus non-fungible items.
• How understanding fungibility can impact your financial decisions.

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