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 New Stock Market Terms:0 _2 g/ C+ e5 C, E* a. ~
1 V* j3 z: C o$ Q4 i$ OCEO -- Chief Embezzlement Officer. 3 u [# O& M/ b3 `
CFO -- Corporate Fraud Officer.
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# w% W* \8 d2 H: _BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius. / O2 T+ x4 A! y1 w
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.
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P/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing.
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+ [) W- }' O; V0 o2 W OBROKER -- What my broker has made me.
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STANDARD & POOR -- Your life in a nutshell.
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# z7 w) G% E0 p; SSTOCK 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. * R( o4 d; A7 M# C0 T
6 v/ y. @* H0 `, vFINANCIAL PLANNER -- A guy whose phone has been disconnected. ) Q* W/ o0 u* h8 L# j* ~/ B
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MARKET CORRECTION -- The day after you buy stocks.
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s; q4 E0 d6 ?) `CASH FLOW -- The movement your money makes as it disappears down the toilet. \- w `& Y5 r0 x" T
: O; R$ c' i/ p, W! PYAHOO -- What you yell after selling it to some poor sucker for $240 per share.
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+ R A3 T: J8 {/ j) D) v; @% I$ mWINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.
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; A2 R" x) y: J/ a( lINSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse. # w+ @3 ?9 \' j! O
* E( I& S! H$ c/ ^ f9 xPROFIT -- an archaic word no longer in use.
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! a& J. {; Z& n9 ~* U. h yIf you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.
, r1 K; k# [3 }7 _ f& a, dWith Fannie Mae, you would have $2.50 left of the original $1,000.
/ g& @' ]6 [/ e4 O8 V1 p4 nWith AIG, you would have less than $15 left.
2 M$ H# A. m) U3 A- p' G# |; R. WBut, 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 $214 cash. " V0 O3 E( N4 P7 h
Based on the above, the best current investment advice is to drink heavily and recycle.
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What is the difference between a Wall Street Stockbroker and a pigeon? 9 x6 f( h0 @2 e& n
4 e$ L; o$ _! d: ] A pigeon can still make a deposit on a Mercedes.: i+ ]1 K3 d( S4 G4 ^7 K
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* V6 j8 q$ S& W0 V. i4 [6 ~3 }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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