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Ep 24: Understanding Financial Jargon

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Manage episode 324849918 series 2925736
Content provided by Shari Rash. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Shari Rash or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

When it comes to the financial industry, there can be a lot of different terms and definitions that may confuse you. On today’s episode, we’re going to explore some of these definitions and explain their relevance to you when planning for retirement.

A fiduciary is someone sitting on the same side of the table as you. Inflation is about how much your dollar buys you versus what it bought you a year ago. Dollar-cost averaging is spreading your money out over a period of time. Let’s discuss these definitions and more on mutual funds, investment vehicles, index funds, and target-date funds.

What we discuss on the show:

1:22 – Lots of acronyms!

2:09 – Fiduciary

6:43 – Inflation

8:27 – Dollar-cost averaging

12:28 – Investment vehicles

15:13 – Mutual funds

16:59 – Index funds

17:38 – Target-date funds

20:33 – Bonds

Get additional information: https://greenwaywealthadvisory.com/podcast/

  continue reading

73 episodes

Artwork
iconShare
 
Manage episode 324849918 series 2925736
Content provided by Shari Rash. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Shari Rash or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

When it comes to the financial industry, there can be a lot of different terms and definitions that may confuse you. On today’s episode, we’re going to explore some of these definitions and explain their relevance to you when planning for retirement.

A fiduciary is someone sitting on the same side of the table as you. Inflation is about how much your dollar buys you versus what it bought you a year ago. Dollar-cost averaging is spreading your money out over a period of time. Let’s discuss these definitions and more on mutual funds, investment vehicles, index funds, and target-date funds.

What we discuss on the show:

1:22 – Lots of acronyms!

2:09 – Fiduciary

6:43 – Inflation

8:27 – Dollar-cost averaging

12:28 – Investment vehicles

15:13 – Mutual funds

16:59 – Index funds

17:38 – Target-date funds

20:33 – Bonds

Get additional information: https://greenwaywealthadvisory.com/podcast/

  continue reading

73 episodes

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