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 New Stock Market Terms:9 R9 |+ t6 ?, h
& M- i& i8 l1 M$ Z2 B lCEO -- Chief Embezzlement Officer.
* c( h; E y3 ^$ LCFO -- Corporate Fraud Officer.
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BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius. ( H: A" v) K5 O, `. Q, P
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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j, ]3 J/ x1 f/ w' s9 _- x$ [ kVALUE INVESTING -- The art of buying low and selling lower.
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, Z3 V9 f* q# o# Z6 EP/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing. 6 c* f2 X: l) B) ^
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BROKER -- What my broker has made me.
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STANDARD & POOR -- Your life in a nutshell. 1 t# r# C, _' p( W# b+ n
0 J, R" o7 {4 O, d, QSTOCK ANALYST -- Idiot who just downgraded your stock.
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4 \: p% m1 g* W9 c8 X9 zSTOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves. . b# ~2 d9 }- N/ L
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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. / ~' u) s, J3 {8 J( p5 J
$ n5 h2 z, m3 H3 | _8 gYAHOO -- What you yell after selling it to some poor sucker for $240 per share. : M! i* f4 {: x
- }+ }/ K9 |, ~) i% VWINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.4 z$ [6 y" h3 g: l( X& }
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INSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse. # P( z9 U" A. c. S" a2 O
) a7 ?3 i0 w. M/ M. o7 D+ tPROFIT -- an archaic word no longer in use.
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If you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left." r: R- D0 I& p6 ]. p+ O. E& B
With Fannie Mae, you would have $2.50 left of the original $1,000.
# a6 z* s% a& q0 m! WWith AIG, you would have less than $15 left.8 x2 k# w, J, A' n( n# L3 F! p
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 $214 cash. 4 K" B+ H" I4 G: z$ f0 V
Based on the above, the best current investment advice is to drink heavily and recycle.; d1 Y1 z3 h- o! d
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What is the difference between a Wall Street Stockbroker and a pigeon? 3 w' n: t$ K, y5 O
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A pigeon can still make a deposit on a Mercedes.4 ~5 h# g5 q5 N: L# V
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D' ~3 s3 j% z8 P8 z5 q+ Q8 [. {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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