1001 Financial Words You Need to Know
- Book Review,
by David Bach
Book Description
Modern American life is filled with the language of mortgages, credit cards, investing, inheritances, pensions, and all the other financial situations we find ourselves in every day. A basic understanding of this vocabulary is essential in making smart money decisions. 1001 Financial Words You Need to Know defines and demystifies the essential terminology of money and commerce. Comprehensive but never condescending, financial expert David Bach explains every term clearly, including a sample sentence and supplemental notes for many entries. In addition, he includes a number of quick miniguides to managing your financial life that include information on understanding credit and compound interest, balancing your portfolio, making a savings plan, buying property, and purchasing insurance. The appedixes in the back contain an extensive list of common financial equations and a helpful bibliography of business books for further reading. An ideal guide for everyone from business school students to homeowners taking out a mortgage, 1001 Financial Words You Need to Know is the perfect vocabulary-building companion to the complex world of money and finance.
About the Author
A senior vice president of a major New York brokerage firm, David Bach is a partner of The Bach Group, which manages over a half-billion dollars of individual investors’ money. The national bestselling author of Smart Women Finish Rich, Bach is the host of his own PBS television special, "Smart Women Finish Rich." His investment principles are taught nationally through his "Smart Women Finish Rich" and "Smart Couples Finish Rich" seminars, which are hosted by 5,000 financial advisors in 1,500 cities with more than 100,000 attendees annually. He lives in San Francisco, California, with his wife, Michelle.
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