as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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explain the following phrase: "yolo".
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yolo stands for 'you only live once' and is used to refer to the idea of making the most of every moment and living life to the fullest.
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