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 New Stock Market Terms:
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! `. `3 L' h1 f! `CEO -- Chief Embezzlement Officer. * L6 G2 r8 B0 Y8 j6 k
CFO -- Corporate Fraud Officer. ) ~/ j# q* E f
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BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius. ' q# ]4 O: ?' V8 X6 l9 e
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. 3 n1 i" Q7 \! u {' N
6 E6 n6 a6 P ?. i" z9 K( l4 QVALUE INVESTING -- The art of buying low and selling lower. . T) p1 e3 M& D4 e
% y$ H9 z2 Y1 u8 J/ I# ?P/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing. " ^5 s7 U5 [4 r, h/ u" i: k: J! _
0 b# x. _ s* O" l! ABROKER -- What my broker has made me. " X' d$ e! c4 j% i' ~) g8 V
' Z7 r; q9 O l, v0 n8 \0 MSTANDARD & POOR -- Your life in a nutshell. ' W* v/ C ?& Y. d% R, ?
- n; M( B' k* g& ISTOCK ANALYST -- Idiot who just downgraded your stock. U9 k5 j- |6 s5 D/ ]; L
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STOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves. 5 W- E4 Z9 l! v Q; r
- a) i! m1 H( r* u; m* cFINANCIAL PLANNER -- A guy whose phone has been disconnected.
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1 _" f( ?$ Z* q; p; qMARKET CORRECTION -- The day after you buy stocks. 7 Z* t1 F6 H% V0 j. h: i; f; L
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CASH FLOW -- The movement your money makes as it disappears down the toilet.
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8 y: d3 E1 P: A0 e% S k' Q( vYAHOO -- What you yell after selling it to some poor sucker for $240 per share.
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WINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.
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5 [& f# M1 S2 M% v2 R+ P" tINSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse. ; W8 z% S' [- W2 a0 T
2 ^# e; V8 r! p2 ]& P" FPROFIT -- an archaic word no longer in use.$ ~) r ?( |. N; O
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If you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.
& }$ P1 W6 S9 Z- w5 eWith Fannie Mae, you would have $2.50 left of the original $1,000.; |- C2 d6 {7 Y1 z- V6 l
With AIG, you would have less than $15 left.
& }4 ~+ f& z, 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 $214 cash. . D/ i2 \* b4 n7 S3 h
Based on the above, the best current investment advice is to drink heavily and recycle.3 S4 \9 }/ Q2 }
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: c4 |6 i$ ?; P& e# S+ a$ x ^What is the difference between a Wall Street Stockbroker and a pigeon?
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* P& f! I8 G3 q% d A pigeon can still make a deposit on a Mercedes.
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Politicians and diapers have one thing in common... ) {- P4 d9 Q1 l. I/ e
l5 `6 g! v0 \5 b ...they should both be changed regularly and for the same reason. |
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