01/02/2023
Most of this is designed around the idea that you don’t actually ask what the hell the financial adviser or fund manager is talking about. Like me, you nod sagely and just accept what they tell you is correct.
And each specialised word has a simple explanation that would give the listener a much easier way to understand the subject matter.
This doesn’t mean that some subjects are not complex, but the best teachers are those that can grasp the complex and make them simple.
I have found most subjects can be fairly well understood by understanding the principles, not necessarily the specific terminology of every word.
But finance makes it sound complex by using many words and concepts that actually are unnecessary.
When you are reading about markets or want to understand how they work, look for people who use simple language or those who take the time to explain what specialist words actually mean.
The stock market is a relatively easy thing to understand – after all, it can go up or down. That is all.
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