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 New Stock Market Terms:6 E4 }4 E# t4 x- @0 f
/ Z1 B6 p+ B8 R$ RCEO -- Chief Embezzlement Officer. 6 f0 E, [8 V; M) ]* W, v
CFO -- Corporate Fraud Officer. ! I+ }8 m. j' O- L5 L T
; e/ }. k" x( c& @/ M& K+ ?: OBULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius. % R; c# I% q) [/ d
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. , }: ^9 g1 v" ?! g
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VALUE INVESTING -- The art of buying low and selling lower. . V+ O* X. ^/ M1 F6 P
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P/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing. 6 ?' x* ]5 u3 o
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BROKER -- What my broker has made me. * }2 s2 I/ T' @- q% O2 |
; T7 C! U, N+ ?/ O$ ^7 R3 qSTANDARD & POOR -- Your life in a nutshell. 4 ~+ e7 w) g3 P
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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.
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( [# l0 J9 M# T7 Z4 Z# g# T+ PFINANCIAL PLANNER -- A guy whose phone has been disconnected. + m0 h2 S: h, u6 D, T# q& `$ Z
( v9 f. ]5 d& ^% xMARKET CORRECTION -- The day after you buy stocks. 8 g- h( \; C. e" P8 B
a* U% t; Q7 \2 lCASH FLOW -- The movement your money makes as it disappears down the toilet.
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( V( ~* w" Q! o/ }YAHOO -- 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 @ $240 per share.
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. |1 ^5 h% [6 M: e* \6 c9 IINSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse.
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PROFIT -- an archaic word no longer in use.# {' \+ d8 v8 P1 @: l, {! ^$ z
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If you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.8 j4 A* y5 t: \1 _" E) @
With Fannie Mae, you would have $2.50 left of the original $1,000.6 _! e0 r( @. y5 b, n B
With AIG, you would have less than $15 left.$ G x% G* ?( A
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 $214 cash.
6 @( w- R3 R n. s9 E( eBased on the above, the best current investment advice is to drink heavily and recycle.
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( S) C/ L8 x# k" J {What is the difference between a Wall Street Stockbroker and a pigeon?
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, _0 v+ C) a2 _& E8 X0 n# a A pigeon can still make a deposit on a Mercedes.! a2 V, P5 }7 {' V
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$ K6 p& m4 E" J! S# e9 q9 aPoliticians and diapers have one thing in common...
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! R$ |. N9 K, ] @( G7 W( F ...they should both be changed regularly and for the same reason. |
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