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 New Stock Market Terms:" E1 J3 R# X$ \& \6 j
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CEO -- Chief Embezzlement Officer. 1 x! y9 O( O2 B" S" x+ h5 [
CFO -- Corporate Fraud Officer.
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! s9 i+ d6 `/ {- I, e9 ABULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius. ; | z! ?2 s, j
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. ! [- i Y7 @# K/ N* n8 U. K& i& U" b
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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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. u% ~3 o9 \7 m7 Z3 {! @- W8 KBROKER -- What my broker has made me. " R. S) J1 P9 @- j* n' K
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STANDARD & POOR -- Your life in a nutshell. 6 A2 |' s" K4 p& @# C5 p8 i* |
+ k* l" z8 O0 u& D/ q1 \) j/ tSTOCK ANALYST -- Idiot who just downgraded your stock.4 A1 q, l) O3 m7 }
9 a) J. w) W1 [STOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves.
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: n( d6 `" H: e4 j' DFINANCIAL PLANNER -- A guy whose phone has been disconnected.
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0 |9 s1 x) Q- P8 O1 M0 e) f6 e6 `( nMARKET CORRECTION -- The day after you buy stocks.
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CASH FLOW -- The movement your money makes as it disappears down the toilet.
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+ S+ t7 _, s* D4 V" c( HYAHOO -- What you yell after selling it to some poor sucker for $240 per share. / `1 D6 [" L5 |
2 @8 P* U1 a' j) w' IWINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.) ?2 ]# e% i$ F3 G4 W, q# s
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INSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse.
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% c, Q* y. g2 g, C% w0 sPROFIT -- an archaic word no longer in use.
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# u) [' W9 S3 XIf you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.
& l2 X9 C, ~1 r$ ^* Q7 YWith Fannie Mae, you would have $2.50 left of the original $1,000.
3 |' }; j$ k' l/ ^+ i" G' |With AIG, you would have less than $15 left.: D7 g9 N* w& 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 $214 cash.
' m. l4 q% k) p- ^% L6 q3 mBased on the above, the best current investment advice is to drink heavily and recycle.
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What is the difference between a Wall Street Stockbroker and a pigeon?
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1 c$ e1 A) U% x( T# X A pigeon can still make a deposit on a Mercedes.+ i& Y$ P, j# p' Y X
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) P0 n/ F l4 I3 i9 qPoliticians and diapers have one thing in common...
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, ^2 F( v" Y! u2 e ...they should both be changed regularly and for the same reason. |
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