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New Stock Market Terms:
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CEO -- Chief Embezzlement Officer.
( ~5 }- M+ G* r! KCFO -- Corporate Fraud Officer.
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) x% B h1 e9 t& j2 n7 uBULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius. , E% I2 \. y$ l. q
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. ( @0 h. a, \7 m) V1 p
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P/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing. % y: L/ U0 k; v/ ]% [, L
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BROKER -- What my broker has made me. 0 A! P, E( x( e. b( V/ g7 X1 n
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STANDARD & POOR -- Your life in a nutshell. : O7 U$ z+ N% M b
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STOCK ANALYST -- Idiot who just downgraded your stock.. h4 z7 a' j. b1 {8 G0 F
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STOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves. 0 K2 s; F3 K, E3 c% u
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FINANCIAL PLANNER -- A guy whose phone has been disconnected. 3 U" k3 _& G" F3 ?
' Q: F. y+ c1 RMARKET CORRECTION -- The day after you buy stocks. 6 d+ n$ Y3 \* H9 O7 y; [3 \1 j0 Y
5 t/ H% B# _- I4 H1 \CASH FLOW -- The movement your money makes as it disappears down the toilet. % _1 W, s3 e- c v$ l) ]
+ i6 ?/ B% b9 r# GYAHOO -- What you yell after selling it to some poor sucker for $240 per share.
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8 V* ?/ m# a7 _, WWINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.2 ~0 l% k( B5 g
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INSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse.
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PROFIT -- 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.) l; v2 L2 d! T' E
With Fannie Mae, you would have $2.50 left of the original $1,000.
; O* H" J6 z8 iWith AIG, you would have less than $15 left.: Z5 N9 f4 m3 e8 M) s( w7 N' r- H
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 $214 cash. & W# X8 J) |* w. ~$ L9 t
Based on the above, the best current investment advice is to drink heavily and recycle.5 c# h8 e; G& D
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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.
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8 F" W# E3 ]6 @; Z/ K# ]3 j# B! Z$ rPoliticians and diapers have one thing in common...
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2 V _0 ]: T; w% k* H5 h% @ ...they should both be changed regularly and for the same reason. |
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