(1). Funds placed in relatively safe, income-oriented investments, intended to convince a conservative-minded client to invest other money in much more risky (read: expensive) investment than they otherwise would.
Sleep-Well Money
RANDOM LINGO
Keep Some Powder Dry
(1). To only execute a portion of an investment plan, just in case your recommendations end up sucking.
“Given the markets lately, I’d like to keep some powder dry in case we see a tactical move we’d like to make down the road. That’s okay, I’m not really sure I understand what I just said either…”
Paradise Analysis
(1). Another way to describe the wish list you are about to present to you boss for that new system you want him to pay for.
“Okay, so this is our paradise analysis for the new custody platform. If we even get a third of this, we’ll be in good very good shape.”