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 New Stock Market Terms:) K. w; ^+ v5 l( c3 d/ ^
5 N( s3 a( P9 [5 h: `. GCEO -- Chief Embezzlement Officer. + a( K+ y2 Z7 t7 l2 l6 C+ c
CFO -- Corporate Fraud Officer. % x% [+ C: {! o; N7 M- T
2 j: G* a8 j2 H1 [9 C9 w5 P* A. XBULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius. ; \3 P; D( e. K' `4 F
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. 4 ?" r7 ^$ a* P s
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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. 1 I2 P$ o/ m+ s$ j6 E+ `
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BROKER -- What my broker has made me. : g, i o# _$ }" B, j2 p4 |' t6 v
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STANDARD & POOR -- Your life in a nutshell. ' z% P2 l, q7 e: l9 L
1 p' i* R9 _5 g' KSTOCK ANALYST -- Idiot who just downgraded your stock.
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, E/ L5 F8 v1 v0 GSTOCK 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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7 [4 L; z5 h* p* ?; ?# GMARKET CORRECTION -- The day after you buy stocks. 6 m( D( H1 x' n+ v" G
H% c: F* r* m4 z- eCASH FLOW -- The movement your money makes as it disappears down the toilet. " E6 Q6 v- p3 Z; {& k5 G# t
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YAHOO -- What you yell after selling it to some poor sucker for $240 per share.
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& r3 r8 h6 L- V/ a- @' tWINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.
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% C! f2 c8 t7 `& QINSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse. 1 ?5 w% L7 U0 m
t" m* r6 n& B2 ]0 a3 kPROFIT -- an archaic word no longer in use.
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0 n+ a; o P0 p& O. nIf you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.
: }" p* p; X5 ?$ @4 L* l5 eWith Fannie Mae, you would have $2.50 left of the original $1,000.9 y+ Y- Q4 U) V# W
With AIG, you would have less than $15 left.
7 Y8 x [' z4 i' oBut, 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 $214 cash.
' d/ R/ I" S. _# k0 }1 M# _% ~Based on the above, the best current investment advice is to drink heavily and recycle.
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What is the difference between a Wall Street Stockbroker and a pigeon? , n, `4 k! m# B3 g
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A pigeon can still make a deposit on a Mercedes.
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9 h" {# I) O7 \/ Z3 T! o4 CPoliticians and diapers have one thing in common...
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/ |- u5 w; a: A( z5 O$ f ...they should both be changed regularly and for the same reason. |
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