The financial and investment world is filled with its own vocabulary, with several terms that can be confusing and are often misunderstood. In a recent guest article for Sedona Red Rock News, Financial Planner Bill Kelso defines a handful of financial terms commonly misunderstood by consumers.
In the article, Bill explains the differences between several concepts including investment income and distributions, growth and gains, decline and loss, as well as offered the proper definitions of volatility and risk in a financial context. He also shares the differences among financial advisors, investment advisers and financial planners.