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 New Stock Market Terms:
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2 b! I2 Z1 X( w! x8 ]CEO -- Chief Embezzlement Officer.
1 V2 a3 m6 G7 c; LCFO -- Corporate Fraud Officer. ' J" D" @) n# Z$ F$ m
0 v: B# ?, K1 Q3 @% fBULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius. 9 O; ?" I I6 S2 R+ Y+ q
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. * F0 c) A; V5 b) L* C/ O! A4 b
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P/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. - V% u+ x; w9 ?% t1 t9 f' L N7 \
4 i& J. r* R4 h w# P; \4 j; fSTOCK ANALYST -- Idiot who just downgraded your stock.% ?& ^4 A! _2 |. U: s
* e* T& p; x: u4 v3 KSTOCK 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. 4 s" a: e3 k1 F6 @8 C5 h; ], @! E
" m$ r l$ B$ R. E+ MMARKET CORRECTION -- The day after you buy stocks. 4 b% t. i- @! @/ ~2 e" X# b( ], |8 L1 d
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CASH FLOW -- The movement your money makes as it disappears down the toilet. " c% Y! d) K3 [
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YAHOO -- What you yell after selling it to some poor sucker for $240 per share. " G. d. a0 C4 S' v7 t
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WINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.6 R/ E$ Z: m6 I5 r O( G2 s7 \
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INSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse. " f/ g3 V' ~* M) r7 a9 r# U2 o' {
5 L4 l' ?1 L/ I9 V& j+ dPROFIT -- 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 $49 left.# _$ l$ Z4 b$ C) L% O8 S
With Fannie Mae, you would have $2.50 left of the original $1,000.
/ B, A0 ]0 }5 c6 ?With AIG, you would have less than $15 left.
- L, ^- X/ b! b% c& a- F( T" b9 E; x; _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.
8 f7 x! N8 j% S7 V% @9 _Based on the above, the best current investment advice is to drink heavily and recycle.
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; o/ f' z, E+ t3 r0 |& e& YWhat is the difference between a Wall Street Stockbroker and a pigeon?
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A pigeon can still make a deposit on a Mercedes.
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Politicians and diapers have one thing in common... / D1 b/ y5 V8 \ c% z
9 k1 ^8 R0 R& Z ...they should both be changed regularly and for the same reason. |
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