When Form 2350 Jargon 2023-2024

Good evening everyone and welcome to our introductory level class. Understanding the jargon, my name is Anne Cooney, as the education program manager at Better Investing. I will be one of your teachers this evening. I'm joined by Ken Kouvola, the president of the Mid Michigan chapter. Hello Ken, well hello and glad to be here this evening. For those of you that came to our "Why Invest" session, we talked a little bit about why you would even be interested in investing in stocks. We also discussed the power of compounding and how you can achieve your financial goals. Tonight, we will take that introduction to the next step and delve into the jargon and terminology that you need to start investing. We will focus on building a basic understanding in this class. Before we begin, I want to emphasize that the information we provide here is for educational purposes only. Better Investing does not make any recommendations for buying or selling stocks or equities. As investors, we often come across headlines that catch our attention. However, many of us may not fully understand the meaning behind these terms, especially if we are new to investing. Terms like "stock market drop 6%" or "Dow reaches new high" may seem confusing at first glance. Your understanding of these concepts may be influenced by your own background and experiences. For instance, if your parents were investors, you may have learned about stocks and investing at a young age. Personally, my parents weren't big investors, but my dad did teach me how to read the stock tables in the newspaper. I also remember participating in a stock game at school, which sparked my interest in investing. It is important for us to have a clear understanding of these headlines and their implications. This...