What’s this “In Simple Language” all about?

Posted on April 29th, 2008 in Simply Financial by Rich

Did you ever talk to a financial advisor or financial services professional and at the end of the conversation you weren’t sure what they said? Kind of a “deer in the headlights” thing where you saw it coming but froze and didn’t realize what was going on. Well, that’s what “In Simple Language” is going to cure, fix, remedy, make easy, make understandable without using all of the confusing and complex terms that financial professionals use. Your financial well being is too important to not understand what these advisors are telling you.

As a former stockbroker, it never dawned on me that my clients didn’t “really” understand all that I was explaining to them. When I finally realized how confusing and complex most of these financial terms can be to people who don’t deal in the financial world everyday, I decided to do something about it. I am no longer a stockbroker-sixteen years was enough-and I don’t sell financial products or personally advise clients anymore.

I am simply trying to make life a little less confusing for those of you that don’t read financial manuals or books in your leisure time. Unfortunately for me, I do. It’s in my blood. I actually like to read this stuff. Tell me the stuff that confuses you. Is it such things as What’s an ETF? An ETN? What is a growth stock used for? How does an ARM work? My advisor said to add a few regional funds to my portfolio. What does that mean? Whatever is confusing you let me know. I will define it, explain it and present it “In Simple Language”.

I will do my best to answer as many posts as is humanly possible. If I don’t get to your question immediately, please be patient and keep on trying. I appreciate your participation “In Simple Language.” Thanks. I can’t wait to hear from you.

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