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 New Stock Market Terms:
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" i n0 u8 n" M+ NCEO -- Chief Embezzlement Officer.
, h) w& M& l, O$ c- z0 p. ~, qCFO -- Corporate Fraud Officer.
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BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius. 4 w8 Z3 g5 [2 f
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. 3 R% u! u' ?5 c5 g, h, T
- p7 x8 s& G% W- ?VALUE INVESTING -- The art of buying low and selling lower. : i. C% V* u4 P0 T
! [4 r2 {1 u' a- mP/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing. s8 x/ ^& [8 ?2 w2 }
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BROKER -- What my broker has made me.
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: H; `6 r* u9 p/ ?/ s+ e8 \STANDARD & POOR -- Your life in a nutshell. : @; {" ]+ L0 |
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STOCK ANALYST -- Idiot who just downgraded your stock.# Z9 s8 M& w! b5 e/ ~4 w1 l5 l* ?
' [/ _& I' g8 r8 d5 B% W( A- GSTOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves. ) O" |8 G- A7 }% v1 Y
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FINANCIAL PLANNER -- A guy whose phone has been disconnected. : `( C( a# L! u: D: v2 k
/ @, H/ D/ {2 X1 @% b/ d" [MARKET CORRECTION -- The day after you buy stocks. 7 d5 `+ ^5 I% f" u9 s. l% Q9 @8 {
3 R. q6 p, \) S% L4 YCASH FLOW -- The movement your money makes as it disappears down the toilet. ! G* H( V7 F* F g1 M, j
% s, V0 P6 {: \4 t5 _. y6 d1 g, GYAHOO -- What you yell after selling it to some poor sucker for $240 per share. ) a( H2 A/ c$ q0 j6 m+ [2 M) O
; Y5 t5 t0 _9 Q/ b! H* u9 K( R9 qWINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share., l. ^6 z6 j" d; I
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INSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse. & y2 n8 F" a O6 _6 V/ L- H
) n0 |5 G' c5 tPROFIT -- an archaic word no longer in use.
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# J9 ` A0 D2 Y9 a7 D: y( LIf you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.& e5 N+ G$ \, v; ~2 X2 H' ]; z
With Fannie Mae, you would have $2.50 left of the original $1,000., g! n* |6 y2 B, g5 C
With AIG, you would have less than $15 left.- u0 a) M3 e# P) W
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 $214 cash. & Z6 z3 M0 X. V8 J
Based on the above, the best current investment advice is to drink heavily and recycle.- ]/ `1 u" Y) ^* k2 p
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What is the difference between a Wall Street Stockbroker and a pigeon? & B; M1 r. S+ ?& s
) J( g( d$ k- G+ a8 I! [' ` 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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6 V5 L9 H0 C" l1 Y. ? ...they should both be changed regularly and for the same reason. |
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