12 Financial Terms You Should Know
1. Broker Someone who's mastered all the math and financial jargon so you don't have to. Work with them to create a portfolio that matches your goals. 2. Capital What you're worth. Right now, that might just be $500 in your bank account, but it also includes other wealth (like investments, stocks, bonds...) 3. Capital Appreciation: When you sell stocks at a profit, you're money-literally. Appreciate the appreciation. 4. Certificate of Deposit (CD): A fancy alternative to your savings account that pays interest-except you can't take the money out until a set maturity date. 5. Dividends: As companies grow, some share their profits with stockholders in the form of money or more stock. Dividends aren't always included though (so read the fine print). 6. Investment Risk: Every product, whether it's stocks in Apple or a carefully invested IRA, could lose you money. It'...