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 New Stock Market Terms:( f2 l% o5 m6 q; G5 E% s( i/ h
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CEO -- Chief Embezzlement Officer. ( y) h) X+ Q' l! m
CFO -- Corporate Fraud Officer.
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BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius.
' P* q1 e" `' K# |, B5 jBEAR MARKET -- A 6 to 18 month period when the kids get no allowance, the wife gets no jewelry, and the husband gets no sex. ; j6 m$ v) \- J' c* j7 T
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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.
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; i8 c6 C4 R& j; I- ?/ k" t! @STANDARD & POOR -- Your life in a nutshell.
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, N" J; K" h, |( p9 [4 w3 ~: ESTOCK ANALYST -- Idiot who just downgraded your stock.. ^7 u) q" W5 S; g, _! F
! u2 _+ O& |$ }8 m; u ^$ X" RSTOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves. , ?& c: _, V- \; F+ M6 k# a
( l! ]& ^" j9 t0 Y7 O) x3 kFINANCIAL PLANNER -- A guy whose phone has been disconnected. , @& C0 d0 J0 s" z% H" b9 p8 y
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MARKET CORRECTION -- The day after you buy stocks.
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CASH FLOW -- The movement your money makes as it disappears down the toilet. 3 }6 N8 j0 Q4 v% K6 U, ^3 e
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YAHOO -- What you yell after selling it to some poor sucker for $240 per share.
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! A" [" g. ]4 v: S; ?/ k2 ~1 N+ aWINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.
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- w5 P1 D* n" F" _2 @( QINSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse. ! Z" t; }$ t% e- N' e
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PROFIT -- an archaic word no longer in use.1 i# m9 r# H* m7 e# t' ?& R( a8 O
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If you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.' {# H+ ~( \4 J- T9 l
With Fannie Mae, you would have $2.50 left of the original $1,000.. \- J/ r) ^; K/ ` r0 S
With AIG, you would have less than $15 left." F9 j: K# J3 l
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.
- A- z4 o/ n8 K; H3 m, V2 |* Z: cBased 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? $ P- I6 Q( j' V! Z
4 u$ F! B( E- m1 U3 h# v# o' u A pigeon can still make a deposit on a Mercedes.2 B- C$ T& {+ W, Y4 l5 y0 o
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7 z r3 p9 \) K. s0 A) K7 MPoliticians 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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