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The Your Life, Your Money Podcast helps you thrive in life, wealth and retirement. The show is designed to navigate the complexities around money, building and securing wealth, and achieving financial independence. Scott Sierens, financial advisor at Sierens Financial Group, will provide thoughts, strategies, and ideas on each episode to help you make smart and sound financial decisions. The goal is to take complex financial subjects and make them simple and easy to understand so you can feel confident to take action, enjoy life, and eliminate financial stress and anxiety.

Scott, along with guests from across various industries, will cover topics such as tax savings strategies, investment and wealth management, IRAs, 401(k)s, retirement planning, income strategies, pensions, estate planning, social security, healthcare, and much more.

Retirement isn't an age or number. It's finding the balance between living life today and feeling financially confident about YOUR tomorrow.

Ask Scott your questions by calling 847-235-6989 or check out our podcast website at for more resources.

Apr 28, 2022

There's enough financial jargon being used that even experienced investors get tripped up now and again.

Today we’re going to talk about the investment terms you should know, what they mean and why they’re important to you and your financial future.


What we discuss in this episode: 

1:37 – Financial literacy month

6:32 – Stocks

13:39 – Bonds

17:45 – Asset allocation and diversification

20:11 – Fruit stand analogy

27:05 – ETFs and mutual funds

32:50 – What does this mean to you?

36:45 – Fiduciary


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