FYI: One of the oldest tricks in the book for good financial salespeople (and those in any industry really) is to talk over people’s heads using jargon that makes it hard for others to understand them. Jargon is the often the preferred method of the financial community to make themselves sound more intelligent.
‘Just trust me, I got this’ was something that worked well in the past before people could actually look stuff up on the Internet.
Unfortunately, old habits die hard and there are still a number of words and phrases that get thrown around in financial circles that annoy me. Here’s a short list along with an explanation:
Regards,
Ted
http://awealthofcommonsense.com/2018/03/some-finance-phrases-i-find-annoying/
