Broker Check

A picture is worth ten thousand words

| October 02, 2018
Share |

This is still probably a partial list of the financial terms in this photo, thanks for your replies!


529 (college savings account) - with the 5 and the 2 upsides down

QTIP - Qualified Terminable Interest Property

TIPS - Treasury Inflation Protection Securities

Q's - slang for the QQQ exchange-traded fund

COT - Commitment of Traders (Report)

Cotton - as in the commodity

ABS - Asset Backed Security

IP - Intellectual Property

TI - Total Income


A qualified terminable interest property trust ("QTIP trust") allows a spouse to give a life estate in property to his or her spouse without incurring the federal gift tax. The donee (recipient) spouse has an income interest in the trust and does not have a power of appointment over the principal. -Cornell Law

“People often say

'A picture is worth a thousand words.'

I believe the original quote was actually

'A picture is worth ten thousand words'

as stated by Fred R. Barnard, of Printers' Ink, 10 March 1927

These articles represent opinions of the authors and not those of their firm and are subject to change from time to time, and do not constitute a recommendation to purchase and sale any security nor to engage in any particular investment or legal strategy. The information contained here has been obtained from sources believed to be reliable but cannot be guaranteed for accuracy.

Share |

Check the background of your financial professional on FINRA's BrokerCheck.

The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. Some of this material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG Suite is not affiliated with the named representative, broker - dealer, state - or SEC - registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.

Richard Murray and Mark Smed offer securities through Woodbury Financial Services, Inc. (WFS), member FINRA/SIPC. Investment advisory services offered through ISC Financial Advisors.   WFS is separately owned and other entities and/or marketing names, products or services referenced here are independent of WFS.  WFS does not offer tax or legal advice.

Richard Murray offers services in AZ, CA, CO, FL, IA, KS, MN, OK, SD, VA, and WI, Mark Smed in CA, CO, IA, MN, NM, OK, SD, WA, and WI. No offers may be made or accepted from any resident outside the specific state(s) referenced.

A broker-dealer, investment adviser, BD agent, or IA rep may only transact business in a state if first registered, or is excluded or exempt from state broker/dealer, investment adviser, BD agent, or IA registration requirements as appropriate. Follow-up, individualized responses to persons in a state by such a firm or individual that involve either effecting or attempting to effect transactions in securities, or the rendering of personalized investment advice for compensation, will not be made without first complying with appropriate registration requirements, or an applicable exemption or exclusion. For information concerning the licensing status or disciplinary history of a broker-dealer, investment, adviser, BD agent, or IA rep, a consumer should contact his or her state securities law administrator.

Our Form ADV may be found here