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 New Stock Market Terms:
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( g6 I+ E! U# D' @. GCEO -- Chief Embezzlement Officer.
* a! q6 A3 w; QCFO -- Corporate Fraud Officer. # k. ?, t, q" K/ f7 V3 S: P
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BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius.
! m' L6 C& W! m- q. ~7 |0 wBEAR MARKET -- A 6 to 18 month period when the kids get no allowance, the wife gets no jewelry, and the husband gets no sex. $ w- Q9 m: B( M/ H6 {0 N
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VALUE INVESTING -- The art of buying low and selling lower. 0 v; Z; F: D& F9 n( e" z
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P/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing. % N3 c' s# E- p% k" x
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BROKER -- What my broker has made me. " z% V/ y+ \7 Y' V7 W
, n" g( y7 l4 GSTANDARD & POOR -- Your life in a nutshell.
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' d5 g5 Z! h6 f$ [6 PSTOCK ANALYST -- Idiot who just downgraded your stock.
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' B2 q+ ~: o7 t# X! FSTOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves. , c1 Q8 E# H6 R, I( f/ W* Y
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FINANCIAL PLANNER -- A guy whose phone has been disconnected. ; C% T* n" _* P& n/ ^
* N; H5 s& ~. E; eMARKET CORRECTION -- The day after you buy stocks.
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& t/ K6 Z+ q1 ~, p5 G2 cCASH FLOW -- The movement your money makes as it disappears down the toilet.
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/ b1 o2 c0 {+ i& j3 R; e2 IYAHOO -- What you yell after selling it to some poor sucker for $240 per share. + [; q. P, w* K% k
7 r) x& y' b" d# f; G, J% z1 XWINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.
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INSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse.
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$ s% m- w9 n. J, j; o, j/ J: PPROFIT -- 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.+ _5 k+ E. P |8 m. {3 l5 | ]
With Fannie Mae, you would have $2.50 left of the original $1,000.
# a1 h9 H, L7 L3 h" t% q' CWith AIG, you would have less than $15 left.5 B) r8 s) _: Q# M9 y0 o1 E
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. 0 b/ v# M3 C9 g" `
Based on the above, the best current investment advice is to drink heavily and recycle." @4 T- V) t2 T2 g) ?
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9 |, n) B: m8 a" P! W/ {What is the difference between a Wall Street Stockbroker and a pigeon? 3 M8 v3 O7 \- q* Y+ H
! a s4 T- r! j8 }, x7 p# d A pigeon can still make a deposit on a Mercedes.7 J5 W+ P. L+ G+ Q5 f0 I
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2 D, C; l0 U. X8 ~& hPoliticians and diapers have one thing in common...
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" Q. _1 @# F+ Z% V# a* O, @ ...they should both be changed regularly and for the same reason. |
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