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8 ?9 W$ m, ^7 R" D3 P4 xCEO -- Chief Embezzlement Officer. # b( a6 E! e0 ^3 E* f
CFO -- Corporate Fraud Officer.
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BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius.
5 b) Q! x* N6 c- GBEAR MARKET -- A 6 to 18 month period when the kids get no allowance, the wife gets no jewelry, and the husband gets no sex.
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; s6 g* I4 I2 l( q7 n- b! v5 t# v6 \1 WVALUE INVESTING -- The art of buying low and selling lower.
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P/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing.
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, g7 R" q) i* yBROKER -- What my broker has made me.
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STANDARD & POOR -- Your life in a nutshell.
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# [2 q5 ]2 H( ^STOCK ANALYST -- Idiot who just downgraded your stock.1 z0 G' s1 R8 ~- P
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STOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves.
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6 {; t% t3 R6 m/ k+ j) ?FINANCIAL PLANNER -- A guy whose phone has been disconnected.
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MARKET CORRECTION -- The day after you buy stocks.
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CASH FLOW -- The movement your money makes as it disappears down the toilet. % G5 M$ B) n5 Z7 Q
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YAHOO -- What you yell after selling it to some poor sucker for $240 per share. & V" a( U& c, r1 q" F! y
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WINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.! F* ^" o( l; G6 g
) i3 k3 q/ R5 t9 KINSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse. / E- N4 t- m3 B" l# Q5 |4 f
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PROFIT -- an archaic word no longer in use.
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' r0 B# s2 W3 r- ~If you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.7 I" E6 W( b0 V. z2 J
With Fannie Mae, you would have $2.50 left of the original $1,000.
+ M1 ^2 @/ s& ^0 U3 z3 D: Y) kWith AIG, you would have less than $15 left.5 v+ Z, D' i5 F$ S8 {, n& }
But, if you had purchased $1,000 worth of beer one year ago, drunk all of the beer, then turned in the cans for the aluminum recycling REFUND, you would have $214 cash. 2 t5 |7 A8 x% r
Based on the above, the best current investment advice is to drink heavily and recycle.0 ]$ C& }& c9 |( L2 q5 E0 e
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3 Q% D0 E0 W' [0 K5 W% Y& C9 jWhat is the difference between a Wall Street Stockbroker and a pigeon?
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A pigeon can still make a deposit on a Mercedes.
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Politicians and diapers have one thing in common...
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...they should both be changed regularly and for the same reason. |
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