Wealth: Grow It, Protect It, Spend It, and Share It

Learning the Language of Wealth Management

Now that you’re wealthy—or soon to be—it’s important to learn the language of wealth management.

Throughout this book, I introduce you to hundreds of wealth management terms. Some of these words have common meanings in our language with which you are already familiar. But when applied in a wealth management context, these same words assume a whole new meaning—with tremendous implication for wealth building and wealth preservation. This can be very confusing. You need to know the “wealth management meaning” of these words to communicate on the same plane with your advisors and show your friends and colleagues that you are a Wealth Strategist who’s in the know.

Thus, with tongue in cheek, I offer a sampler ...