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 New Stock Market Terms:
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CEO -- Chief Embezzlement Officer. 5 Z. g5 R/ V3 A9 |# V* D7 k2 d, M
CFO -- Corporate Fraud Officer.
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BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius. ) r O2 @7 |: g2 L1 n
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. ( y7 s/ S: }! ]$ ^5 k w3 j3 w
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VALUE INVESTING -- The art of buying low and selling lower. * Y( _ U: q5 M0 s
: N, Q9 p6 [+ V1 m- S) h' t7 VP/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing.
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5 A/ \( H: t; T# {* FBROKER -- What my broker has made me. 3 j& r/ x Y6 q- b
: D: L& a9 u) \% }/ {STANDARD & POOR -- Your life in a nutshell. ; d; {$ u' \* }9 h- h( v
; J% U/ S! X& J) y6 l6 P& R4 z9 R- dSTOCK ANALYST -- Idiot who just downgraded your stock.
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STOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves.
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+ M7 ?/ C: R8 G& KFINANCIAL PLANNER -- A guy whose phone has been disconnected.
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MARKET CORRECTION -- The day after you buy stocks. ! d$ l8 W9 I6 U6 g4 y" r$ b
" L( I5 |$ A! n# L5 x, ]1 ZCASH 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. 8 i2 N6 `! h; F: k8 f8 e
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WINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.
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INSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse.
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- `1 v' F( N! R+ _6 L! }PROFIT -- an archaic word no longer in use.
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# U/ i( P6 G$ N1 W! X0 U- o0 W4 hIf you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.
% I' A% z9 i9 Y% JWith Fannie Mae, you would have $2.50 left of the original $1,000.9 F) C/ v7 o% E" U2 n+ b% s
With AIG, you would have less than $15 left.4 T1 ~. r7 ]# E1 s# 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.
/ S8 x5 _ O5 H0 U/ K/ f6 qBased on the above, the best current investment advice is to drink heavily and recycle.( Z7 ]6 p a' j2 }& T' _8 X% _7 V( v
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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.
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Politicians and diapers have one thing in common... . Y7 |3 U5 `9 j6 b
( U* k7 M( `* q( w7 \ ...they should both be changed regularly and for the same reason. |
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