Do you find it hard to understand financial experts? I don’t blame you! That’s why I helped U.S. News and World Report decode the terms you might hear.
“Meeting with a financial professional can be key to getting your finances on track. But one thing that doesn’t make it easier: When your financial advisor seems to be speaking an entirely different language.
“Deleverage” … “Fixed income” … “Tax-loss harvesting.” What the heck is your advisor even talking about when he uses these terms? U.S. News tapped certified financial planners to round up their least favorite financial jargon – and to translate what your financial professional is actually saying. Their top 10 peeves are below.”