Following on from Jim McG’s post, I decided to put this question to YOU:
Would a FIRE (Financial Independence Retire Early) Glossary be useful?
Terms like HP, PCP, EBITDA, PE, FCF, and the like can often get pretty confusing, even if you think you know most of them, there seems to be new ones cropping up all the time.
I know there are sites out there which explain the terms, but I was thinking about trying to keep it very FIRE-related i.e. always relating explanations back to our goals.
Let me know what you think. Suggestions very welcome in the comments!
Yes! A glossary will be very useful for new and old investors a like. Plain simple English too. I have gone to Investopedia and other sites to look up certain terms only to find myself scratching my head. Also, a section for options. Simple please. I see many FI bloggers using options to enhance their monthly income by writing calls and puts. Would appreciate an easy to read/understand section there too. Thanks for the FIRE glossary!
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Thanks DH, really appreciate your feedback.
Now the question is how to structure it into a usable format on the site…
Great idea M, waiting for the post!
Molto grazie! Will get to work on it very soon.
Ciao
Great idea! I’m very bad with acronym so a glossary would be wonderful
Looking forward to your post.
Thanks for the feedback, I think it’s a goer!
A glossary would be useful, since not every blog will have Ermine’s handy plug-in. Great idea and I’m sure you’ll be putting the explanations in plain, easy to understand English too!
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I’m slightly reluctant to use a plugin… partially because I’m sure we will come up with (or already) have a bunch of FIRE-specific acronyms that we already use… like ‘FIRE’ for example!
Thanks for stopping by Weenie
Cheers
Hi M,
A glossary would be really useful. Anything to help with jargon would be a real asset!
T
Hi M,
I pointed Ermine at Simple Living In Suffolk towards a wordpress plugin he uses on his site for highlighting acronyms within the content (definition of the term pops up on hovering or clicking on the acronym)- he used to have a separate glossary page although it doesn’t seem to be working for me at the moment. It might be worth contacting him about this?
FIRE does seem to be rich field for TLA’s
Mike S
Mike, thanks so much for stopping by, that’s really useful. I’ll contact Ermine about it.
Cheers