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 New Stock Market Terms:- A7 k; @# M2 ~' {- C5 k" N
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CEO -- Chief Embezzlement Officer. 2 k+ ?* `- g9 r
CFO -- Corporate Fraud Officer.
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- x; W7 I0 K U) v1 p8 ZBULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius.
! Q) i* ~( n/ c6 J* Q. y/ m4 V3 YBEAR MARKET -- A 6 to 18 month period when the kids get no allowance, the wife gets no jewelry, and the husband gets no sex. ! o0 b" V* g: u) ~! v3 {3 I
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VALUE INVESTING -- The art of buying low and selling lower. 5 v( F) ~4 v/ M7 ?6 s; ^3 @
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P/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing. 5 ^* \* S# M$ w6 |. q1 j) m) D
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BROKER -- What my broker has made me. ) ~. X) {4 u) M4 f( P9 z0 C- M! d
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STANDARD & POOR -- Your life in a nutshell.
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STOCK ANALYST -- Idiot who just downgraded your stock.- Z, [6 e3 @4 x
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STOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves. , b+ q% m6 R: [
3 b, G3 x8 u+ o& T7 E. C8 M1 xFINANCIAL PLANNER -- A guy whose phone has been disconnected. / i( s, q6 }% m. c# J
5 ]/ q' }1 U j: a( Z7 p( JMARKET CORRECTION -- The day after you buy stocks.
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CASH FLOW -- The movement your money makes as it disappears down the toilet. ' w0 S8 \4 d8 e* r5 c0 t- s; t6 C
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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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INSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse.
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4 o+ B5 N) h( D) n) tPROFIT -- an archaic word no longer in use.. A' g2 q p" z2 ^; N
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If you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.& z4 x' H& C7 N3 Q0 s$ [( ~
With Fannie Mae, you would have $2.50 left of the original $1,000.
9 y) k) J% D! D* C t% r( }. B7 x) OWith AIG, you would have less than $15 left.
6 Y" z9 {0 B. j% ?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 X# [5 K! e# d: D5 MBased on the above, the best current investment advice is to drink heavily and recycle.4 N, f/ G: y, H( l5 K |# N
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7 Q- _( A0 J( g1 W! [* TWhat is the difference between a Wall Street Stockbroker and a pigeon? # B5 u4 e8 w6 t% b: w
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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...
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2 a) }+ `# `) j1 g7 ` ...they should both be changed regularly and for the same reason. |
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