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 New Stock Market Terms:
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, r _$ h" H' h7 }$ T* B( g7 |CEO -- Chief Embezzlement Officer.
9 A5 t5 V2 q, @1 l# }. r8 WCFO -- Corporate Fraud Officer.
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BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius.
& `( M- ]7 s) ^$ g8 F* m! c. L% VBEAR MARKET -- A 6 to 18 month period when the kids get no allowance, the wife gets no jewelry, and the husband gets no sex. 7 i# e, _8 \1 W( D
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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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BROKER -- What my broker has made me. 8 e- G5 G; H! w+ y- e& F
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STANDARD & POOR -- Your life in a nutshell.
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, K w+ g) U( i( X% TSTOCK 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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FINANCIAL PLANNER -- A guy whose phone has been disconnected.
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2 J8 P* B$ U" F( e7 CMARKET CORRECTION -- The day after you buy stocks. # o/ M* U$ Z) j9 ]# f! u
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CASH FLOW -- The movement your money makes as it disappears down the toilet. 4 C- G( }0 R* F/ V# U9 e: ]
) o) f5 P0 `+ FYAHOO -- What you yell after selling it to some poor sucker for $240 per share. ; z8 x* E& x/ d! n+ \3 ?
# G6 i. N+ W! A) GWINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.
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/ _) R% B; ?, `+ J: f/ qINSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse.
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PROFIT -- an archaic word no longer in use.
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# D# u0 {) F; H, o+ e" [6 \5 d: sIf you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.( V' r! i' C5 Q0 U6 ~
With Fannie Mae, you would have $2.50 left of the original $1,000.
' t K/ ~: E5 [: d5 P7 ZWith AIG, you would have less than $15 left.
" V% \ U/ U; Q. 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 $214 cash.
' k% K N t5 |1 M# ~. x, eBased on the above, the best current investment advice is to drink heavily and recycle.
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What is the difference between a Wall Street Stockbroker and a pigeon? ' D! g2 N9 h$ ~; m
, O4 O+ |& U6 p$ ^: Z 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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7 u3 G/ R5 \7 b3 \+ ~ ...they should both be changed regularly and for the same reason. |
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