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 New Stock Market Terms:$ y9 k# N+ s' p
! I( T8 ]" f9 Y% qCEO -- Chief Embezzlement Officer.
F- D" D6 G1 v3 u0 `# a+ @" ^CFO -- Corporate Fraud Officer. 9 z, i- V1 h1 G i h/ K
' v# a& x. K; X; {8 xBULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius. " T0 ~) }0 a& D. g6 b( M
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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# n) G* y# Y3 T. y) o C2 mVALUE INVESTING -- The art of buying low and selling lower.
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+ J) a2 e# _# v3 mP/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing. 5 O' ~* V% ^( {" A& @
# `. [$ @8 H! k% K: C2 `% jBROKER -- What my broker has made me. / F1 O9 O3 O& E. C% N$ K9 R5 u
8 G- |3 U% f2 ]2 ~" ~4 HSTANDARD & POOR -- Your life in a nutshell. : L+ h* Q# K, r, t
7 j6 _1 a# t' R7 R7 \. hSTOCK 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. $ i- |2 X, m: W4 M5 N+ y4 z! N5 i5 m# Y
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FINANCIAL PLANNER -- A guy whose phone has been disconnected. . K2 S+ j0 M! m( K: D6 m
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MARKET CORRECTION -- The day after you buy stocks. 1 |- l5 j$ @/ [) f7 ~; s
* S& u! y* x, z pCASH 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.
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WINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share. q* r0 E4 c, L5 s( H9 p% U
9 f# N7 E R+ {, J" V# MINSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse.
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5 @% Q. ]- |. D) j' r" t. fPROFIT -- an archaic word no longer in use.
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7 p$ j8 O0 r0 gIf you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.
- l! O6 i8 m7 @: @" ~6 {1 mWith Fannie Mae, you would have $2.50 left of the original $1,000.
$ w$ p5 M W2 o% @7 ]With AIG, you would have less than $15 left.. H) V* W% { l2 S
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.
9 f7 X5 Y. Z ~, B! @Based on the above, the best current investment advice is to drink heavily and recycle.+ i5 S; R8 l+ k8 r/ g4 a
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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.7 A8 F; Q2 @ v& o( r2 @+ ]
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Politicians and diapers have one thing in common...
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! r' M! k3 `' F0 ^9 o: U. W ...they should both be changed regularly and for the same reason. |
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