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 New Stock Market Terms:1 S) m7 ^, J8 E8 V
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CEO -- Chief Embezzlement Officer.
. K( y B+ q) Z: @$ ?) {CFO -- Corporate Fraud Officer.
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7 Q- U0 g# |% XBULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius. 8 B; {8 t( q% X3 S- E# V
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. : u! D5 q+ b2 M% _9 u
$ D( q* X7 Z$ zVALUE INVESTING -- The art of buying low and selling lower.
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4 s, E/ K8 Q- l" M" f; }& K ?, N$ Y+ PP/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing. 2 g7 Z7 w4 R! C p L
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BROKER -- What my broker has made me.
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STANDARD & POOR -- Your life in a nutshell.
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. u- ^" ?& s3 X. X* X& S1 [STOCK ANALYST -- Idiot who just downgraded your stock.
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STOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves. 5 U& F0 }3 ?) s0 F
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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. 2 K2 V# Q* n) u, c" m1 i& m9 m
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CASH FLOW -- The movement your money makes as it disappears down the toilet.
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. u( F; E3 ]) FYAHOO -- What you yell after selling it to some poor sucker for $240 per share.
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WINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.1 E$ b0 i7 t T S+ o! j
! q" p/ z) P: }" vINSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse. ; Q. r$ k2 i1 J$ m
/ n6 [6 j3 f1 G& PPROFIT -- an archaic word no longer in use.
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' @$ q( a1 n' w* u1 ] ^1 pIf you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.
/ j* Z5 ^+ c& _4 ~6 |; V5 ZWith Fannie Mae, you would have $2.50 left of the original $1,000." T) @% C0 l' w9 m! M' }' P; n
With AIG, you would have less than $15 left.7 M9 _; }, y2 R5 @; V
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 $214 cash. / G9 q* [; U- c+ C0 F. o2 Z
Based on the above, the best current investment advice is to drink heavily and recycle./ V# m7 ~! a0 ^- [. z# \& f
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* y) r! s1 k9 TWhat is the difference between a Wall Street Stockbroker and a pigeon?
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A pigeon can still make a deposit on a Mercedes.
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; m$ n; f. |* ePoliticians and diapers have one thing in common...
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1 \! Y* R- b, L. [ ...they should both be changed regularly and for the same reason. |
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