facebook twitter instagram linkedin google youtube vimeo tumblr yelp rss email podcast phone blog external search brokercheck brokercheck Play Pause
Ep 10: Financial Vocabulary to Know During Coronavirus  Thumbnail

Ep 10: Financial Vocabulary to Know During Coronavirus


On This Episode

Do you understand the ins and outs of these financial terms that have been circulating due to the impact of coronavirus? How might your own financial plan need to shift as a result? 



From social distancing to “flatten the curve”, we’re all hearing plenty of new terms and vocabulary due to the pandemic. What pandemic-inspired vocabulary relates to our financial lives?

Right now, a lot of people are debating whether this may cause an economic recession or a depression. Which is it? What’s the difference? What is the VIX and how does it impact you

Are you considering tax loss harvesting? This is managing money while taking losses and also trying to grow the account. Mark gives an example of how this can be done. But what about index funds, will they protect you? 

Do you know what rebalancing is? You should do it at least once a year, but possibly more than that during this kind of volatility. Regardless, you need to have a strategy to know when to do it. With all of the ups and downs happening right now, you want to be working with an advisor who is there to help. 

Have you heard all of these financial terms lately? Listen to the full episode or click on the vocab words you don’t know using the timestamps below. 

A lot of people who are working with advisors haven’t heard from their advisor through this whole coronavirus, which is really upsetting and unbelievable. I feel clients need us more during down times than they do up times.

 - Mark Silverman

The Layout

Let’s get rolling with the first episode and you can use the timestamps below to skip around to specific topics.

1:05 - What’s the difference between a recession and a depression? 

1:56 - What is the VIX? 

3:39 - Have you heard of tax loss harvesting? 

5:42 - Do index funds help? 

6:20 - How often should you rebalance?

Don't forget to subscribe to the show on your favorite app!

Apple Podcasts Google Podcasts Spotify

Stitcher iHeartRadio TuneIn

520.512.8832  |