There is a lot of financial jargon out there that can be confusing when you are trying to plan for retirement. So, on today’s episode, we’ll explore a variety of different terms and definitions and how they apply to the financial planning process.
TIMESTAMPS:
0:41 – We don’t lack jargon
1:28 – Bear or bull
4:02 – Inflation
6:50 – Recession
10:42 – Volatility
12:09 – Risk tolerance
14:31 – 60-40 portfolio
15:58 – Dollar-cost averaging
17:46 – Bonds vs stocks
19:44 – ETFs vs mutual funds
22:00 – Target-date fund
ADDITIONAL INFORMATION: https://philstaxhacks.com/
