Thursday, October 13, 2016

Learn the language of money

Even if you can speak English very well, and have a powerful command of this language, you are a handicap with it comes to the language of money.

The language of money is not about dollars and cents.

It is not about spending money to buy things.

The language of money involves all the technicalities of money in the world.

You will be familiar with certain terms, such as mortgage, line of credit, credit score, rate of return, cost of fund etc.

You may be less familiar with beta, risk, sharpe ratio, WACC, leverage, arbitrage, return on equity, price to book ratio, acid ratio etc.

The wonderful thing about the language of money is that it opens your mind to all sorts of wonderful possibilities.

You enter into a mystical yet simple world of money.

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