Quantcast
Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Thank you for selecting your broker
We are redirecting you to the Broker Center now
Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you
Thank you for your submission, we hope you enjoy your experience
ALERT

Railroad Monopoly Replaces 2016's Top Performer on the Best Dividend Stocks List

Dividend logo

Have you ever heard the term “smart beta”?

The use of it and other bits of financial jargon is one of the dumber things financial professionals and the entire investment and financial business engage in, especially in dealing with the investment public. (I’ll explain “smart beta in plain English in a minute.)

Jargon Is OK, but…

Most industries and professions have their own lingo, usually a form of shorthand to speed things up since most people who engage in the same kind of work understand what the abbreviated terminology means. Pilots heading for a landing communicate with control towers in their own code, but when they get on the PA system to announce that you’ll be landing at O’Hare in ten minutes, they don’t mention vectors or the flight’s squawk number.

Finance is different. Many advisors and financial companies lapse into jargon because: a) they think it makes them sound smarter; b) they are too lazy or too self-absorbed to take the time to explain something complex in plain English; or c) they don’t know what it means either.

To read the Full Story, Go Premium or Log In

Popular Articles

Best Online Brokers

At Dividend.com a large portion of our readership is of a discerning, self-directed nature. As...

Premium Shutterstock 531195661
News

The Market Wrap for December 9: Quitaly? What Quitaly?

This week had the potential to be a real bummer for investors. Looking forward, we have a Federal...

News

Trending: Key Management Departure at Teva; Booming Oil Prices

Dividend.com analyzes the search patterns of our visitors each week. By sharing these trends with...