Financial news seems to dominate the air waves and with that comes a lot of terminology that seems to be thrown around with the assumption that these terms are common knowledge. For example, a PBMares Wealth Management client recently asked, “What is the SNP?” This begs the question, how many of the below terms are most investors actually familiar with?
Even if an investor trusts a firm or broker with managing their accounts, a foundational knowledge of financial terms and concepts is still important. The ability to understand financial and investing language, even at a basic level, puts investors in control of their financial future and gives them the confidence to make informed decisions.
Read the full article on the PBMares Wealth Management website.
