Thursday, August 9, 2007

Learn the Lingo

CNBC can definitely make your head spin,... if you're not ready. Talk of "reverse IPOs", "bull spreads", or "ex-dividend dates" may prompt you to switch the station and leave the gobblyguk to somebody else.

Think of it this way. If you instantly transported yourself to Portugal this Saturday, you'd have trouble understanding a six year old, let alone ordering lunch. The bottom line is the Portuguese speak a different language than you probably do. And, so do financially savvy investors.

Fortunately, the solution is simple. Learn the lingo. From wall street dictionaries to financial glossaries, resources exist to help you get a grip on the lingo. Once you do, you just may actually enjoy watching CNBC.

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