Go offline with the Player FM app!
Ep 24: Understanding Financial Jargon
Manage episode 324849918 series 2925736
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/
73 episodes
Manage episode 324849918 series 2925736
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/
73 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.