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 New Stock Market Terms:
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; f6 _3 o# o) T3 k/ S% CCEO -- Chief Embezzlement Officer. 6 M# Q" E' L8 n. W( |
CFO -- Corporate Fraud Officer.
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BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius.
. J6 v5 ]# l/ Z3 DBEAR 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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7 q" D# j0 M: a o1 L, NVALUE INVESTING -- The art of buying low and selling lower. + J" [( G/ [/ _' i6 Q% G8 |0 P" J
$ ]( ]9 D7 F t0 d& n8 MP/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing.
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BROKER -- What my broker has made me.
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STANDARD & POOR -- Your life in a nutshell. % A# m" p: A, d; ?! u$ F
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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. # V0 M9 ?; }3 B R$ g
6 O7 x, p1 b- p5 YFINANCIAL PLANNER -- A guy whose phone has been disconnected. 5 d T# E2 w6 X. S2 e! d
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MARKET CORRECTION -- The day after you buy stocks.
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: g0 P" L4 M3 A4 J: C, E2 oCASH FLOW -- The movement your money makes as it disappears down the toilet. % k- ?2 o: y% Y% T
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YAHOO -- What you yell after selling it to some poor sucker for $240 per share.
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/ U7 s/ q2 a! H1 |WINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.
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# |! W. F. t [! AINSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse. # k2 Y0 E3 r; g
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PROFIT -- an archaic word no longer in use./ y. D9 F4 ^- K% X$ v/ W1 v0 y: m4 p
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If you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.
_# o6 B3 f9 A! _5 \: C% oWith Fannie Mae, you would have $2.50 left of the original $1,000.
& }& r# w! q% G/ ~( EWith AIG, you would have less than $15 left.
! Y) h3 E K, ^1 u6 I) lBut, 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. ( w: x( ?5 Z" z5 B
Based on the above, the best current investment advice is to drink heavily and recycle.7 K; {. C' q, F' |
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What is the difference between a Wall Street Stockbroker and a pigeon? 0 Y& D% E+ K0 B1 q8 V" S
% ~4 d: U6 T6 P0 g) I 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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