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 New Stock Market Terms:8 D& ^. Q3 ] O
O5 y1 e, q0 O4 RCEO -- Chief Embezzlement Officer. . b1 _ ?- ?, M# m6 h) T y, `8 S
CFO -- Corporate Fraud Officer. 1 F$ k: p8 v& k3 O* ~4 V0 `
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BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius. / T! V! {2 S8 e4 z1 Z2 v$ Q
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. 6 |& D6 Y v/ {4 }
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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.
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BROKER -- What my broker has made me. 9 d3 o3 `2 v# I3 ]8 T
6 q8 L9 R8 A, i( ^STANDARD & POOR -- Your life in a nutshell. 3 `5 u5 l8 x0 z$ {& _! w
& k- g: u7 K8 O. C* b8 bSTOCK 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.
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FINANCIAL PLANNER -- A guy whose phone has been disconnected. * Z9 |$ p# a/ w5 A8 q$ |
! X: m3 V5 a& \0 h4 h8 ^5 t7 w+ lMARKET CORRECTION -- The day after you buy stocks. - b1 C6 C# U0 Z
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CASH FLOW -- The movement your money makes as it disappears down the toilet. , Y( G* v7 m4 G! x7 L
. N4 E; p+ @: }5 J1 I! J2 zYAHOO -- What you yell after selling it to some poor sucker for $240 per share.
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5 G5 G6 z2 w3 o3 a' ?WINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.& K' L4 S( C1 `2 ]! x9 R& ~
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INSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse.
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8 l! x" i) U: e( n Y( J- j7 QPROFIT -- an archaic word no longer in use.
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; l, C! x$ }# J" F: [# N5 }If you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.
$ D* r$ X0 c0 f, C" L, @With Fannie Mae, you would have $2.50 left of the original $1,000.
0 R' A* d2 w1 J# Z2 W$ R4 W: G/ jWith AIG, you would have less than $15 left./ g2 W2 @) n" M% L& I$ q
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. 3 m6 v9 U- q' o n1 ]7 t! t0 G
Based on the above, the best current investment advice is to drink heavily and recycle.
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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.
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Politicians and diapers have one thing in common...
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...they should both be changed regularly and for the same reason. |
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