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 New Stock Market Terms:6 z+ ?" Z& p5 J# @- E
8 i, M/ G) A% r/ P$ \2 o0 E6 BCEO -- Chief Embezzlement Officer.
+ s4 V$ N$ d4 e1 Q$ M: h. nCFO -- Corporate Fraud Officer. - Y( i! N5 v- l+ s% R
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BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius.
/ W- [+ e/ \, I- vBEAR MARKET -- A 6 to 18 month period when the kids get no allowance, the wife gets no jewelry, and the husband gets no sex. : Q) U8 Q9 N9 Y9 W8 i
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VALUE INVESTING -- The art of buying low and selling lower. 3 C2 g3 W1 M& ?% R2 k9 F
: a2 `# _$ z& N+ _% |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. + S9 {2 Z, V; n- q; h& Z
+ y/ a. J& L3 d$ kSTANDARD & POOR -- Your life in a nutshell. 9 S: T; ^7 w% w" s
) T6 h d% [; @STOCK ANALYST -- Idiot who just downgraded your stock. t9 O0 p3 P) R9 d( Y U* `8 S3 r/ Y
4 q( G5 l0 Q3 W6 n' X4 B% cSTOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves. 6 Y. t" x( t0 s& D/ F% |2 T: Y* t
3 @# r% X$ T% G U2 E5 XFINANCIAL PLANNER -- A guy whose phone has been disconnected.
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) Z. }6 U) \" V3 B- ^MARKET CORRECTION -- The day after you buy stocks.
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' y/ u" L% u6 X6 ~1 X! ^CASH FLOW -- The movement your money makes as it disappears down the toilet. + ?5 i- s$ A0 a6 k9 b) R9 c3 n
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YAHOO -- What you yell after selling it to some poor sucker for $240 per share. 4 {/ d- R+ Q6 f+ F3 k5 F( x
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WINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.
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/ G( g. g$ |3 u6 z5 g ^2 _; IINSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse.
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PROFIT -- an archaic word no longer in use.; b ~. K) u& F
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If you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.2 q& X# K8 y6 l* I& a b: S( \
With Fannie Mae, you would have $2.50 left of the original $1,000.
; i2 G* U; S* X. V5 i, v8 J# }, {With AIG, you would have less than $15 left.: V: H, N, h: x' W
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. ( x9 B; `% G4 l6 P1 F
Based on the above, the best current investment advice is to drink heavily and recycle.
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3 q4 B& U- @- @; k9 c6 D, yWhat 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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: O; k U8 j, p5 rPoliticians 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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