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 New Stock Market Terms:6 |* t6 ^5 v- w& G$ v7 k/ u
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CEO -- Chief Embezzlement Officer. # E% `* Z4 L# W
CFO -- Corporate Fraud Officer. 4 U& o6 @- Y H, V: d( N
: \) ^7 N& d' H* m: F3 OBULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius. + ?2 g9 H$ j0 x& u( H
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. 0 |3 _! L/ D4 Y2 ?5 D3 D
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VALUE INVESTING -- The art of buying low and selling lower.
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: t' R/ K8 N6 }P/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing. 5 V! V, P6 w# N( z
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BROKER -- What my broker has made me. ! E! m2 e9 X+ n% m% l# Y6 k
% Y& P# r, D. S6 e& |# QSTANDARD & POOR -- Your life in a nutshell. , |1 A8 Q: K, T$ i: }2 t
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STOCK ANALYST -- Idiot who just downgraded your stock.
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% E4 H) G5 Y' y) D3 ?* d9 KSTOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves.
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5 l$ R- z5 Y7 ^: \ y$ TFINANCIAL PLANNER -- A guy whose phone has been disconnected. 1 I! ^* M6 [6 c* p
# ]3 C1 S' h1 t! o! z) g. @MARKET CORRECTION -- The day after you buy stocks. 2 W; G( ?8 p/ ?. p0 f, W! C2 W
0 y: g1 G! c/ t8 I. pCASH FLOW -- The movement your money makes as it disappears down the toilet. " P7 h! ~& M4 U" g" M# j, Z
1 ^3 T# J! l$ S8 _" |* I5 rYAHOO -- What you yell after selling it to some poor sucker for $240 per share.
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+ M# C, z+ R2 U" ?2 xWINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.$ i" m/ s& x1 i( E" ]+ A Y
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INSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse. 0 X8 M9 [; a) b( @3 E' G9 @
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PROFIT -- an archaic word no longer in use.& \( h( j8 L# d+ K
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If you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.( w& f t7 \2 I( G9 E* d/ j
With Fannie Mae, you would have $2.50 left of the original $1,000.2 W4 C5 ~( @( K
With AIG, you would have less than $15 left.
: _! k/ \: u8 W9 z( y) IBut, 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 $214 cash.
1 }: z( m) Z; p- `Based on the above, the best current investment advice is to drink heavily and recycle.2 G3 F2 v z: o/ a8 b$ d8 S
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What 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.: `, b+ t2 y, {2 i2 W/ U
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Politicians and diapers have one thing in common... " I8 F' h/ F6 u
8 ~% W* @; x% I; K7 v7 _/ v ...they should both be changed regularly and for the same reason. |
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