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 New Stock Market Terms:
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& m9 o$ Q2 |& b2 iCEO -- Chief Embezzlement Officer.
+ Z) l! g" }1 s- M- dCFO -- Corporate Fraud Officer.
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BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius. ! Y% n2 Z% b+ h5 y
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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VALUE INVESTING -- The art of buying low and selling lower. 5 B0 q$ {8 ~( \- Q2 ]
. [% [; w5 p; DP/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing. 0 l, }/ Y1 O4 q3 Z( @
6 V! R: X% J+ K9 u! I WBROKER -- What my broker has made me. 7 p- R [2 g8 ?2 z w: t
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STANDARD & POOR -- Your life in a nutshell.
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# P- I* l" }% a/ ESTOCK ANALYST -- Idiot who just downgraded your stock.
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5 U) J& A4 y7 x$ i4 f! m. vSTOCK 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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0 X: D: [+ \" e lMARKET CORRECTION -- The day after you buy stocks. k1 f" l8 I+ j" W; ~( u1 |
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CASH FLOW -- The movement your money makes as it disappears down the toilet. , A8 h+ I- S6 K2 _' Q
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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.: q0 k4 f4 T* H
. m7 V! e* x' oINSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse.
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5 h! V& m) ^) y yPROFIT -- an archaic word no longer in use./ c" I. Z' I; V0 L7 @
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* I5 m8 K( c. zIf you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.
% S- `+ a( g% r( x+ V1 kWith Fannie Mae, you would have $2.50 left of the original $1,000.' Q9 H- E' y8 U0 l
With AIG, you would have less than $15 left.3 o2 H9 w6 Y! G6 P
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. * D1 u! L8 r3 ~" `" {2 e
Based on the above, the best current investment advice is to drink heavily and recycle.# z; p1 i2 ]* }, b
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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./ i9 Z( J, K& T" F( p6 ]' Y3 _
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& {! e7 z! T2 P# l; B, EPoliticians and diapers have one thing in common... 9 q5 \ e+ F* z% q" I
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...they should both be changed regularly and for the same reason. |
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