Product 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.

Product Details

• Amazon Sales Rank: #405003 in Books
• Published on: 2003-11-06
• Original language: English
• Number of items: 1
• Binding: Hardcover
• 237 pages

Review
"Writing for small investors and consumers, financial advisor Bach defines key financial terms and includes short articles on issues like home buying, insurance, retirement, and credit."--Research and Reference Library Book News

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.

Customer Reviews

AWFUL, AWFUL, AWFUL
I was a fan of David Bach and his financial perspective, but after anxiously awaiting this book's arrival I was sorely disappointed. It's a dictionary plain and simple with a couple of excerpts from his best-selling books. This does not help explain these financial terms, although I know this isn't true, most people should know 99% of the terms. The other 1% are for people involved in corporate takeovers (and I doubt they are the target audience.) This is a rip off and condescending. I know ATM stands for Automatic Teller Machine and I don't need to know the words orgin. I expected to gain a more well-rounded knowledge of how to apply these terms in my own life, more situational stories. It is simply a dictionary with no discernable use.

A Welcome Addition to My Shelf
David Bach's writing style is clear, direct and informative. I thought this book delivered exactly what the title represented plus a little more. I refer to it frequently while reading other investment books. I also found his lists of money mistakes people make and the steps for retirement planning helpful. If you are new to investing and looking for a reference book, this is the best I've found.

1001 Financial Words you Need to Know
The book provided basic terminalogy. I found an explanation of abb. very helpful. Many of the terms with which I was already familiar became much clearer in definition.