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 New Stock Market Terms:& w6 [8 S( I, U: V q+ p$ f
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CEO -- Chief Embezzlement Officer.
& L& N& c' N [( T4 s) |: n% N: {CFO -- Corporate Fraud Officer. 1 p% h% Y5 V9 l, j
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BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius.
5 o! w; \% _, k, l. `! kBEAR 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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; Y" I* J, l. }. {VALUE INVESTING -- The art of buying low and selling lower.
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P/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing.
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+ t- H: g5 @) d' zBROKER -- What my broker has made me. . `9 G" ]$ V6 h( e
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STANDARD & POOR -- Your life in a nutshell.
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STOCK ANALYST -- Idiot who just downgraded your stock.9 n" {; t; ~, i% o! Q
+ N x+ \' T: J% r. T7 E8 c* gSTOCK 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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2 ~9 y/ l% J+ C2 q7 K X* AMARKET CORRECTION -- The day after you buy stocks. 0 x( _9 q6 \9 w" n5 F+ y
: y* w1 F0 L% i. `% JCASH FLOW -- The movement your money makes as it disappears down the toilet.
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YAHOO -- What you yell after selling it to some poor sucker for $240 per share. - U4 l2 y: V5 Y0 G* W6 ?
7 s; V( _7 {' l+ A9 z4 u- L6 e+ \- AWINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.7 Y' [7 u3 I! B
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INSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse.
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) H1 J% z' i- z* i$ vPROFIT -- an archaic word no longer in use.8 ]3 U5 `+ j7 z M: X3 \! S' q; s' I5 v
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4 p" H `' b; MIf you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.
% I7 x, ]- J% ]: K& O9 JWith Fannie Mae, you would have $2.50 left of the original $1,000.
4 Z7 U! w: e( |, e- A( TWith AIG, you would have less than $15 left.9 q3 d. N: J" t! b* N
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 $214 cash.
1 B) h4 S5 E, y7 {, G1 i$ FBased on the above, the best current investment advice is to drink heavily and recycle., \2 u" n3 A6 k5 n9 V5 o
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p' D6 F' b; z* m4 Z+ u4 P* uWhat is the difference between a Wall Street Stockbroker and a pigeon? & k' x7 G" b. E+ R* I( @
. k( J: \, N" G A pigeon can still make a deposit on a Mercedes.
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; g t' u" t* E, ~: xPoliticians and diapers have one thing in common... % ^' U3 `( ?: p1 T
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...they should both be changed regularly and for the same reason. |
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