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 New Stock Market Terms:$ n6 t7 ~. w; m, C ~
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CEO -- Chief Embezzlement Officer. 1 o4 s6 ~% k+ h8 L/ z; r) J1 o
CFO -- Corporate Fraud Officer.
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BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius. p9 x; }; y6 a" L3 k" o2 e
BEAR 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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VALUE 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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BROKER -- What my broker has made me.
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STANDARD & POOR -- Your life in a nutshell. 6 C& G' L" ]0 I4 i) y' i
3 s; L2 h) }& Y# E) Q- g$ \% RSTOCK ANALYST -- Idiot who just downgraded your stock.' Y# A( z$ A6 V. @
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STOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves. 0 @3 C$ E, D' ]
; P* M5 ^0 h. i2 r( t) o8 MFINANCIAL PLANNER -- A guy whose phone has been disconnected.
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& p/ o+ m" Q+ y" W- vMARKET CORRECTION -- The day after you buy stocks. $ h( U5 y' F2 |8 N6 @
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CASH FLOW -- The movement your money makes as it disappears down the toilet. 1 O- h7 g# f0 P; K$ z
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YAHOO -- What you yell after selling it to some poor sucker for $240 per share.
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& x. @3 R4 `! Y- aWINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.7 U$ y) r# b& L2 U
% U/ d; q2 d4 c3 ZINSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse.
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4 C/ Q! A8 ?5 ?: y/ FPROFIT -- an archaic word no longer in use." |& t0 ~4 l( Z- ~
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0 }/ a! g3 c; i" ]6 jIf you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.' r: o7 f3 Z9 w9 ~( x# p6 V* l
With Fannie Mae, you would have $2.50 left of the original $1,000.0 M" ~% r8 C* B$ H
With AIG, you would have less than $15 left.# }; W4 \% j6 e: f h( I. X! O; 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 $214 cash.
4 z; Q1 a' l, JBased on the above, the best current investment advice is to drink heavily and recycle.
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What is the difference between a Wall Street Stockbroker and a pigeon? 7 r/ n/ i% }/ v( Z# X% u
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A pigeon can still make a deposit on a Mercedes.
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Politicians and diapers have one thing in common... 4 \ ~+ {' |+ y0 x2 {: a- j$ H
, C4 g# p7 i( h) q! s, i- x ...they should both be changed regularly and for the same reason. |
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