Key vocabulary:

securities

stocks

bonds

debt

portfolio

Example conversation:

A: Hi John. How’s your portfolio doing?

B: Hi Fred. My portfolio of securities is doing well. My stocks are up 30%. Although my bonds aren’t doing too well…

B: I see.

A: Fred, how about you?

B: Well, I have some debt. Personal debt. So I don’t have a lot of money in securities.

A: Well, try your best to rectify that my friend!

B: Oh! I will!

Audio: