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 New Stock Market Terms:
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* ^" `, M# T$ X/ U2 K: U, a, ]CEO -- Chief Embezzlement Officer. % G" S5 Y. p) K: @+ A8 }2 w4 E& [
CFO -- Corporate Fraud Officer.
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BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius.
$ n$ q5 W" v. U Q% r' k) L* ~/ OBEAR 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.
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P/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing. 5 c. V. H: I7 W/ |# }
* z: v- \5 h2 jBROKER -- What my broker has made me.
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5 u% Z) [7 s4 Z E) hSTANDARD & POOR -- Your life in a nutshell.
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I5 U* P$ q2 X# G! zSTOCK ANALYST -- Idiot who just downgraded your stock.* O5 C* y- ^$ d4 C8 s! E
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STOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves. 4 n( d6 H% f! d) y- d
+ a( r* y/ ]$ TFINANCIAL PLANNER -- A guy whose phone has been disconnected. 6 K$ K, u3 m3 d, f% V& g/ \; M
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MARKET CORRECTION -- The day after you buy stocks.
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CASH FLOW -- The movement your money makes as it disappears down the toilet.
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# D/ a8 B* j5 K% g# DYAHOO -- 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 @ $240 per share.: B, R, g2 {# f% [$ M
s5 O* Q& u* M JINSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse. # f/ R. H' e8 _1 q
. n9 A! d) v- }PROFIT -- an archaic word no longer in use.
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: ~& l% v( e; pIf you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.# j- o# Y5 K! l+ q! ]% T S
With Fannie Mae, you would have $2.50 left of the original $1,000.$ x( y$ U$ E7 L
With AIG, you would have less than $15 left./ E" G8 B: |* 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.
' n( |! f# \( ` [Based on the above, the best current investment advice is to drink heavily and recycle., G0 o/ Z* ~# ?" V; Y
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What is the difference between a Wall Street Stockbroker and a pigeon?
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1 g4 R @7 d3 @0 V: E8 s! J A pigeon can still make a deposit on a Mercedes. R2 n. I: R9 t* z/ r
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Politicians and diapers have one thing in common... ; m# s1 G8 H3 I& A# ~/ D9 x2 N
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...they should both be changed regularly and for the same reason. |
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