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 New Stock Market Terms:
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% K8 J( I1 s- E' D* QCEO -- Chief Embezzlement Officer.
! o6 i9 G' Q7 l. @1 U# D" e7 v7 }, \CFO -- Corporate Fraud Officer.
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BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius.
+ G: A! \0 y x# n+ hBEAR MARKET -- A 6 to 18 month period when the kids get no allowance, the wife gets no jewelry, and the husband gets no sex. 3 s7 r3 Z/ F1 y# `! H8 I
& n7 \8 D& P% J5 [" KVALUE 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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/ R2 j- i+ o F+ @, n1 L2 eBROKER -- What my broker has made me. ' R& J& a5 X1 s9 V& S P" u% I
, V9 r9 Z& H- O" Q6 Y& ]3 JSTANDARD & POOR -- Your life in a nutshell. 8 d6 G; X9 K0 U6 W7 D; t
8 E0 C( I L3 R: h9 P0 ~STOCK ANALYST -- Idiot who just downgraded your stock.
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5 ]* o. U, e6 m. t7 Y- nSTOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves. & F% b$ Y6 H; P0 S
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FINANCIAL PLANNER -- A guy whose phone has been disconnected.
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MARKET CORRECTION -- The day after you buy stocks. 9 q1 d5 m# U: h# v7 O
1 o* _( |1 c" q& N# k# tCASH FLOW -- The movement your money makes as it disappears down the toilet. . W1 P- y+ t0 W
% T- ^: \7 U8 _+ PYAHOO -- What you yell after selling it to some poor sucker for $240 per share.
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2 Y! k) }9 K: w2 @WINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.
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# a+ W% T! b, 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.
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If you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.
' v P0 Z0 `/ c kWith Fannie Mae, you would have $2.50 left of the original $1,000.) o0 B$ J. g. B: B6 g( a& H
With AIG, you would have less than $15 left.
/ e( O, P6 T5 z$ l4 [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.
2 p1 B% Z; ^" S/ K, hBased on the above, the best current investment advice is to drink heavily and recycle.* X; m, d: i6 y9 @
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! K* D t/ r4 E/ S/ O; O/ R0 eWhat is the difference between a Wall Street Stockbroker and a pigeon? * W z: w* k+ I [
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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... % @3 k9 _- d5 D( x2 x8 V0 G6 M- J
6 e) v6 q5 J; I. R" A. x, d9 y ...they should both be changed regularly and for the same reason. |
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