Financial Terms You Should Know During the Pandemic

Our 2 Cents – Episode #037

Financial Terms You Should Know During the Pandemic

The Coronavirus pandemic has likely led you to hearing a lot more financial buzzwords and it’s possible you aren’t familiar with some of the terms getting thrown around. Let’s take a look at some of the most popular ones and see what we can learn from them.

Here’s what was covered in this episode:

  • What to Call What Happened: Bear Market, Downturn, Bubble, Meltdown?
  • Recession vs. Depression: What’s the difference and why?
  • Types of Recoveries: U-Shaped, V-Shaped, W, Shaped, L Shaped—what does this mean?
  • VIX: Or simply volatility
  • Tax Loss Harvesting: What is it and can it help?
  • Index Funds: Are they worth it?
  • Rebalancing: What does this mean and how often should you rebalance your portfolio?

Tune in now to join us for this discussion!

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