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 New Stock Market Terms:$ J o1 N% |; z
1 D: G' m5 }& A9 _0 X/ RCEO -- Chief Embezzlement Officer.
' m- t& I/ t: ~* G3 q& ECFO -- Corporate Fraud Officer. ) c& j8 H& m) Q" W6 D- Q
$ t# a5 D/ H$ X+ x9 e' \BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius.
% L! v0 w' f9 z# N O. P f$ V& 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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VALUE INVESTING -- The art of buying low and selling lower. 6 x2 u0 H8 o& y" p) R5 W9 b
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P/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing. , ^: j0 j- w9 n4 J; f
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BROKER -- What my broker has made me.
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5 X0 z8 ~+ h8 p! p3 ySTANDARD & POOR -- Your life in a nutshell. % S' i) D z/ m0 _- x2 c _
8 ]' I8 n' e4 pSTOCK 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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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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, X+ R& D' x# g" C$ DCASH FLOW -- The movement your money makes as it disappears down the toilet. h: I/ `% f+ A
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YAHOO -- What you yell after selling it to some poor sucker for $240 per share. 7 N( K. T' P' c6 u. |0 b0 m
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WINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.
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INSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse.
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6 g$ n' Z6 c$ J, n% FPROFIT -- an archaic word no longer in use.
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8 S8 B( e+ s6 ]4 ^" m3 L8 L9 AIf you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.3 D. D8 v% c- y* t) j+ b
With Fannie Mae, you would have $2.50 left of the original $1,000.
5 o- I/ ^& L* [6 J' }& D# ^0 RWith AIG, you would have less than $15 left.! h' ?! `8 I* o7 D3 Q% E' b5 Z; k1 T
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.
) i7 v E4 m# F( JBased on the above, the best current investment advice is to drink heavily and recycle.1 u( g# Y1 {8 c( b
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! p7 s! v7 o* J; WWhat is the difference between a Wall Street Stockbroker and a pigeon? 5 q- Z; M! t8 l4 d7 @1 }3 P- ?
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A pigeon can still make a deposit on a Mercedes./ R% c- E3 \% I7 v
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. T: n! g( ]; J4 t. A/ m; z. U& mPoliticians 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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