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 New Stock Market Terms:/ ?1 _$ k7 |1 q" F1 G
- ]6 U1 z& `+ o% y* k3 X3 jCEO -- Chief Embezzlement Officer. X2 Q$ i+ }1 h& a% `2 Q/ F5 H
CFO -- Corporate Fraud Officer. 9 B+ P# i, Y8 r* \9 B2 Y1 ^
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BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius.
( l o! U! o) \# j5 L) | EBEAR MARKET -- A 6 to 18 month period when the kids get no allowance, the wife gets no jewelry, and the husband gets no sex. $ ~4 z$ B. P' V0 Y Z3 w
# D5 j& J& i5 xVALUE INVESTING -- The art of buying low and selling lower. ' ~8 {; Y2 c" o+ g: j
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P/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing.
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BROKER -- What my broker has made me. # H2 {( A4 M+ v. n
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STANDARD & POOR -- Your life in a nutshell.
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STOCK ANALYST -- Idiot who just downgraded your stock.2 [% i1 t+ M4 [' M2 I
; `/ b( j" ^0 {8 Q0 b& A: b. NSTOCK 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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MARKET CORRECTION -- The day after you buy stocks.
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: Q' e8 ~- a( C; F/ @CASH FLOW -- The movement your money makes as it disappears down the toilet. ! t/ v2 \5 J4 t" J2 e* n9 t
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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 @ $240 per share.
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$ W2 ?. C0 L8 PINSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse.
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PROFIT -- an archaic word no longer in use., `( _8 ~4 I' Y. b# O
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# Y1 \+ a5 u9 `) C. a+ V$ }" LIf you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.
, N4 U7 l# H3 p/ Q9 ~3 p! uWith Fannie Mae, you would have $2.50 left of the original $1,000.
& y8 x/ z: D$ E' hWith AIG, you would have less than $15 left.# Y% m2 @3 g5 g# P8 D
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 $214 cash.
( @& f/ A; e2 y+ ?4 [Based on the above, the best current investment advice is to drink heavily and recycle.
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8 h2 O" H6 p; { t7 q- }' OWhat is the difference between a Wall Street Stockbroker and a pigeon? 1 b4 {: f. R* U$ T# M
( S4 X, n+ O$ Q8 a: C, O7 t A pigeon can still make a deposit on a Mercedes.
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! S& z* O* [: v* d) \Politicians and diapers have one thing in common... $ T% U. M/ w$ d4 c. X
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...they should both be changed regularly and for the same reason. |
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