Mutually Exclusive

Mutually exclusive means that you can only choose one investment option or strategy at a time. Selecting one option automatically excludes the possibility of choosing another. In simpler terms: When it comes to investing, mutually exclusive means, you must pick one investment option and can't choose multiple options simultaneously. It's like having different paths to choose from, but you can only go down one path at a time. Each investment option has its unique characteristics and risks, so you need to decide which one aligns best with your goals and make a single choice.