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 New Stock Market Terms:* ^* S! {0 d g
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CEO -- Chief Embezzlement Officer. 3 n. i2 |0 a9 \! g* v6 l
CFO -- Corporate Fraud Officer. 7 E- O. j. D7 o; S6 G/ b
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BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius. 5 U2 ?! X" @2 g, w" A! H
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. 6 q. e' |# h& h
% m9 H) a8 y" n: jVALUE INVESTING -- The art of buying low and selling lower. , |. Z- S! ~9 \) ^$ G! [" D! F
, W8 H. r Z- i- p: C8 m6 Z _P/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing. % ^/ E. E& W" R* P0 i$ b& [& I, s
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BROKER -- What my broker has made me. / }: ~' N. P6 w9 c9 k
/ k7 B/ ^/ `7 i7 r7 o! X% ?STANDARD & POOR -- Your life in a nutshell. , I: @0 ^8 ~2 x8 O7 X
8 F) \2 _$ m3 n1 Y# T [/ ~STOCK ANALYST -- Idiot who just downgraded your stock.
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1 }+ f- J9 h% F" R" Q5 ySTOCK 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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; }% q, X6 w& l! |$ z8 T9 |MARKET CORRECTION -- The day after you buy stocks.
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, M' C* D9 |- z# g* _9 s1 U/ \, b3 C, UCASH FLOW -- The movement your money makes as it disappears down the toilet.
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C: y8 K D+ k- z1 g2 LYAHOO -- What you yell after selling it to some poor sucker for $240 per share. - F+ E4 M. }% X- x/ ^3 A0 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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PROFIT -- an archaic word no longer in use. V/ r1 V. Y1 a! [" R, K% J
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' k2 J# g& q2 _( r7 S* R) a. F0 WIf you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left. x8 u g* d+ o! p% Q
With Fannie Mae, you would have $2.50 left of the original $1,000.
% J' q2 V' N/ I, P0 A' @8 PWith AIG, you would have less than $15 left.' K7 P0 m9 C0 {* Z% m5 l
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.
* m7 ~2 f. D: C c8 I/ HBased on the above, the best current investment advice is to drink heavily and recycle." \& m& o- u2 j" i" J. C1 q
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* Y2 J, A1 I6 z% [What 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.2 ~ K* L: f+ p" l3 \
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Politicians and diapers have one thing in common... ( A9 ?8 k! m3 n
* o4 Q3 Z+ T( F9 q4 b: @6 ^) N ...they should both be changed regularly and for the same reason. |
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