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 New Stock Market Terms:
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6 R. q* ]3 ^0 b+ m% u; D& W6 MCEO -- Chief Embezzlement Officer. 3 R* s: _: I4 D* m2 b7 ^0 E2 P
CFO -- Corporate Fraud Officer. + o# g* z/ E2 `" ~: m* J9 `
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BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius.
# V" ?) E& ^8 e; V; w3 J6 @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" `4 @0 @0 C1 ]
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VALUE INVESTING -- The art of buying low and selling lower. . E0 B% z. f8 m' O) ?
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P/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing.
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' q9 K% h( ~- m c: p% SBROKER -- What my broker has made me. 9 ?# [6 q. [# w( F9 i' H
' V. F# I( z7 X5 u" f" c; r2 ASTANDARD & POOR -- Your life in a nutshell. / p \% r( s& \; s
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STOCK ANALYST -- Idiot who just downgraded your stock.1 D4 r8 o9 ?2 j9 c ~
7 R: r2 x' F3 P! ?STOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves. 9 }8 X, a5 a! Q4 q% \- T, C* J
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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.
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1 g" S7 v" e) n, tCASH FLOW -- The movement your money makes as it disappears down the toilet.
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YAHOO -- What you yell after selling it to some poor sucker for $240 per share. I: D$ f a3 n8 \0 H" T
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WINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.2 K* C; b s8 ^0 {6 Y
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INSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse. 4 j2 G, z7 ?2 m; d
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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.( R" Y% v* h/ s
With Fannie Mae, you would have $2.50 left of the original $1,000.) J; v: |( o. ]1 l9 q M
With AIG, you would have less than $15 left.6 A+ W8 k* j9 ~5 L
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 $214 cash.
2 j, Z v, D4 \Based on the above, the best current investment advice is to drink heavily and recycle.
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$ K! e/ J2 C4 a+ D2 {What is the difference between a Wall Street Stockbroker and a pigeon? 5 X' d6 w+ f1 b {% i
6 D; d1 Q& D* u4 H A pigeon can still make a deposit on a Mercedes.
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Politicians 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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