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 New Stock Market Terms:0 j' j( E! Q) ]) e1 c& m6 w
# h8 T8 c* R2 W- r6 qCEO -- Chief Embezzlement Officer.
: T' C* g1 l1 `, `6 f! N4 _CFO -- Corporate Fraud Officer.
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BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius. . C1 J$ w# ^7 ?- ~& O7 T
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. % ^8 Z6 E0 ^( h( S* O
. |' T" Q" e7 c1 HP/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing.
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! M; w, j7 v! x# w# c0 nBROKER -- What my broker has made me.
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, a% ^) P2 |3 ]: @7 t. b' X; cSTANDARD & POOR -- Your life in a nutshell.
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STOCK ANALYST -- Idiot who just downgraded your stock.
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1 X3 n' W) v8 f6 G H: U1 WSTOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves.
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FINANCIAL PLANNER -- A guy whose phone has been disconnected. 7 d2 X/ A; d4 y0 z+ E
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MARKET CORRECTION -- The day after you buy stocks. : o: |7 U8 I% K4 ^) T1 u& `. v
$ b% @9 ~( m O. f5 o& {CASH FLOW -- The movement your money makes as it disappears down the toilet. 5 |& a y2 p6 L& k8 S
$ B* f. G5 k- T, X' ]6 e1 NYAHOO -- 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 @ $240 per share.$ ` g; a' w. V4 m9 v
. k+ M9 m8 j8 Y/ wINSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse.
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PROFIT -- an archaic word no longer in use.) ~- @2 m: X$ M& x1 b8 J H% C. V3 `
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2 f. `. l/ \7 S" A9 F) r3 Q- |6 RIf you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.% N6 V: K( S7 I0 v w/ x3 r
With Fannie Mae, you would have $2.50 left of the original $1,000.
' F/ r; q1 ~4 c# v9 I1 EWith AIG, you would have less than $15 left.8 Y! y! @! B; f. K1 d
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 $214 cash. 7 C1 j' @4 {, N: {0 }$ E
Based 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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9 m$ m) x* t' [2 V4 o6 h' t* q0 N A pigeon can still make a deposit on a Mercedes./ M) r0 ]% X8 V! C& c
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3 P! w# h, A2 n' j; [7 DPoliticians and diapers have one thing in common...
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...they should both be changed regularly and for the same reason. |
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