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 New Stock Market Terms:( v1 y6 Z7 G1 q) B" [/ i8 F
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CEO -- Chief Embezzlement Officer.
+ G1 z" p# Z4 F6 V+ Q2 FCFO -- Corporate Fraud Officer.
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/ J" r* ]% M f |( \8 [BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius. 3 ~+ o& E8 I+ S; s) s h. @2 j+ M
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. ' F1 V3 F% k3 n, E8 I: }( f
# j/ w* A2 H8 }VALUE INVESTING -- The art of buying low and selling lower. ) i. r" q: m' I" {' K0 c
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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. ) I+ @8 N6 } s0 g" a Y1 f; X
' e& ~- s: E. B2 ?* K; \7 v- nSTANDARD & POOR -- Your life in a nutshell. . z* ~$ ]& p' d2 P
& x) h1 U o$ j sSTOCK ANALYST -- Idiot who just downgraded your stock.+ k$ S- ]: Z% y, M1 g! m
: p, R9 d) G7 g8 y5 A! VSTOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves. 5 X8 T% G p7 s
( d1 k0 y: K1 n1 q- oFINANCIAL PLANNER -- A guy whose phone has been disconnected.
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5 j4 e6 T( f! UMARKET CORRECTION -- The day after you buy stocks. . a4 Q8 ]) @& k
5 N' _# |/ ^7 MCASH FLOW -- The movement your money makes as it disappears down the toilet. : y* c( h' R/ k, R. T* {) E4 @
, a0 b2 [: R |$ p* d zYAHOO -- What you yell after selling it to some poor sucker for $240 per share. / j# N/ m& O z. p# P4 k
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WINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.) |6 k" X5 P. E% ^8 q
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INSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse. / I& \5 w: O3 h- r6 i
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PROFIT -- an archaic word no longer in use.* \ h5 Q3 D: O5 V' M
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4 {! t9 c. K7 L# \% e! b* OIf you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left." i, W7 ^5 u/ k0 o
With Fannie Mae, you would have $2.50 left of the original $1,000.; X( i: I( j0 F. t! o0 Y
With AIG, you would have less than $15 left.1 Y& X7 ^; w5 q5 E
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 $214 cash. ' L A5 `. V4 B9 n& b5 c
Based on the above, the best current investment advice is to drink heavily and recycle.
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/ S% K6 D C4 f3 ~7 w9 gWhat is the difference between a Wall Street Stockbroker and a pigeon? 7 h( x* q0 c0 x4 u* Q" H
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A pigeon can still make a deposit on a Mercedes.
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Politicians and diapers have one thing in common... & g$ L3 S% s3 O4 s' _1 I
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...they should both be changed regularly and for the same reason. |
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