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 New Stock Market Terms:
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* _+ }# i/ [% h) a/ |! ^CEO -- Chief Embezzlement Officer. 9 e) z& P; |. }8 {
CFO -- Corporate Fraud Officer. 6 }$ K \; E2 N7 ?1 h) t: i
: [7 L6 ^* |3 Y3 u/ oBULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius. . [( }# r9 g V+ K& M2 J! \0 p
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. : w" P& b8 U, R a, t2 ^
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VALUE INVESTING -- The art of buying low and selling lower. ! R8 q! Y6 M8 b/ E; l! Z4 D
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P/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing. $ s7 }) s/ w. A; g! Y8 M, M. E0 u
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BROKER -- What my broker has made me. 3 L8 z; l6 Y9 a. N: I4 U
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STANDARD & POOR -- Your life in a nutshell.
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3 B5 f# i( ~8 k) m. m3 aSTOCK ANALYST -- Idiot who just downgraded your stock.
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* U) f* |/ f/ i% b7 ASTOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves. ! h+ G' K L7 \! M6 G
$ a( r( O. ?( _8 IFINANCIAL PLANNER -- A guy whose phone has been disconnected.
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MARKET CORRECTION -- The day after you buy stocks.
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CASH FLOW -- The movement your money makes as it disappears down the toilet. 8 f4 _5 H# i0 u0 P6 n8 s/ B9 s
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YAHOO -- What you yell after selling it to some poor sucker for $240 per share. : c& m! F) y$ z7 c2 M
+ c1 R L/ k+ ]" W% @9 P, ~WINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.
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5 Z5 f# D- f k. j* i( B* IINSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse.
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/ N: V! m1 c0 r; I9 }- wPROFIT -- 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 $49 left.
; I$ B! h8 F. }, N) XWith Fannie Mae, you would have $2.50 left of the original $1,000.1 w5 {: H( f* l
With AIG, you would have less than $15 left.0 f" m/ J$ z+ @! Y, }$ H 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. $ w( e, @$ P* n/ y% f/ P
Based on the above, the best current investment advice is to drink heavily and recycle.
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. D* C$ M) \& }5 f5 u* F& P# t4 PWhat is the difference between a Wall Street Stockbroker and a pigeon?
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4 Q6 f* L% l8 E1 ^ M, l# H( }# B A pigeon can still make a deposit on a Mercedes.& i! @6 V8 k7 H* Y' y
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; {" l9 t; I0 NPoliticians 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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