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 New Stock Market Terms:
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CEO -- Chief Embezzlement Officer. % c' r4 T: l8 B4 v
CFO -- Corporate Fraud Officer.
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BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius. / p; S4 M/ ]& ?( L
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.
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: h1 \6 y2 K P, c& D! \) QVALUE 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. $ m/ a6 c) i/ `/ p
! l) N6 i n1 m* v" P4 qBROKER -- What my broker has made me.
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9 o' m9 y2 W+ ?1 qSTANDARD & POOR -- Your life in a nutshell.
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# b' F7 A: Z% i8 @0 \8 J+ p! DSTOCK ANALYST -- Idiot who just downgraded your stock.+ |! W! P. [& ]' E/ @
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STOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves. 2 v6 H) F B* e' V* u( a
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FINANCIAL PLANNER -- A guy whose phone has been disconnected. . Y7 `) ]0 Q5 U; D5 y- ~6 V6 h+ T7 C
& l' m% X9 w4 R* m# ]0 m: jMARKET CORRECTION -- The day after you buy stocks.
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% N. S2 G& J0 oCASH 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 $240 per share. 6 f/ ]' t" L7 O& q/ {$ S- ^
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WINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.
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INSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse.
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# }7 i: L; w9 ~3 p2 x1 J- KPROFIT -- an archaic word no longer in use.2 k2 K" y" f3 n$ a, W. m7 d
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# }7 ?- |6 Z5 C6 pIf you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.
3 E+ F( C: l7 W8 b5 ~( L0 Q' uWith Fannie Mae, you would have $2.50 left of the original $1,000.% x/ J* ?# c. t9 ?+ \5 P
With AIG, you would have less than $15 left.
0 p# R* l( y" p% W; rBut, 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 $214 cash.
' x3 u, c) S- R% t2 gBased on the above, the best current investment advice is to drink heavily and recycle." w, I/ z6 ~$ p/ A
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What is the difference between a Wall Street Stockbroker and a pigeon? 2 r# F* A9 w( B! k
+ K. F" h* ]8 I3 F4 a 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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1 d. R+ Y+ B+ ? U ...they should both be changed regularly and for the same reason. |
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