Every industry has its own jargon, and financial planning is no different. Today, we're explaining some common financial jargon and what it means.

Read more and get additional financial resources here: https://maestrowealth.com/2021/03/04/ep-24-do-you-know-this-financial-jargon/

What we discuss on this episode:

1:07 – Asset allocation

1:50 – Risk tolerance

2:49 – RMDs

4:42 – Basis point

5:20 – Large, mid and small caps

6:12 – ETF

7:14 – Qualified accounts

8:09 – Drip stock