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 New Stock Market Terms:
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CEO -- Chief Embezzlement Officer.
+ E" G% b2 k: Z/ RCFO -- Corporate Fraud Officer. ! q5 h3 a4 R* f& {( O0 p) |
% _6 ]2 l/ u) RBULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius.
( V Q% J2 |) x0 ABEAR MARKET -- A 6 to 18 month period when the kids get no allowance, the wife gets no jewelry, and the husband gets no sex. $ k; U/ o( H" T/ a. y& Z/ A
* U3 U D0 l0 t2 ]VALUE INVESTING -- The art of buying low and selling lower. * ^& q/ g. y, L) }3 j
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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. ' H0 w( y0 F2 e$ ]$ j
: {1 f8 A, N" x! l4 k7 Q7 _/ }' p/ pSTANDARD & POOR -- Your life in a nutshell. 5 a8 N2 ?/ B; [/ O/ c$ \
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STOCK ANALYST -- Idiot who just downgraded your stock., S. o$ s1 M+ \$ m0 D9 T7 Q r
- [" g, Z( P" b# t- O( y% rSTOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves. 2 \ G k5 `; D
' Y- w' N8 o! I! ]* l( i. N. KFINANCIAL PLANNER -- A guy whose phone has been disconnected.
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MARKET CORRECTION -- The day after you buy stocks.
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* D! X% X3 M* \1 {! f9 QCASH FLOW -- The movement your money makes as it disappears down the toilet. , {: J ]3 [; A
. W0 N) [0 D' x, K$ sYAHOO -- What you yell after selling it to some poor sucker for $240 per share. 5 O* F$ t% v4 B. Q& G
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WINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.* ^9 ]5 I6 A! b1 n! J3 V
9 U) }; k/ ]$ O6 tINSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse. : e- V9 g2 `, w) c. R# e
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PROFIT -- an archaic word no longer in use.$ Z! B5 v2 `! t9 i% a2 u9 V
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If you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.
! ^% k! b+ `1 w6 @With Fannie Mae, you would have $2.50 left of the original $1,000.
w2 N, h- J0 y- bWith AIG, you would have less than $15 left.
# X" V2 D/ j7 w2 d5 p# HBut, 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.
$ U5 c; n; U0 N6 ]& \/ aBased on the above, the best current investment advice is to drink heavily and recycle.1 N' z6 x3 c! [3 X. R
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; V+ Z& r) H: y( R3 q% CWhat is the difference between a Wall Street Stockbroker and a pigeon? - M f' K% N3 {/ Y; ?4 b
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A pigeon can still make a deposit on a Mercedes.9 g/ n% F9 o3 }) s" v
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3 Y5 ?! j# X7 O F( f- J9 EPoliticians and diapers have one thing in common... . H! K- y, G7 e+ ]) |
& I5 V- N+ ~9 v- h$ l- x ...they should both be changed regularly and for the same reason. |
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