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 New Stock Market Terms:
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2 J- q; a* d& gCEO -- Chief Embezzlement Officer. ! ~ N" } q: l8 R. u& B3 O, k
CFO -- Corporate Fraud Officer.
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2 [6 _+ B! |- `3 F' zBULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius. % c V3 Z1 U. L2 Q; d
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. - Q D7 }6 E: {& W
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VALUE INVESTING -- The art of buying low and selling lower. ( }- Z# U L2 M M. r i* Y. S
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P/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing. - u6 V. {, K5 b" m9 E4 h" R; y& [
% P9 p, d4 A8 a! LBROKER -- What my broker has made me. . O4 \7 }% @- p, W. t
3 n& H5 V; ?% vSTANDARD & POOR -- Your life in a nutshell.
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1 y) N2 T! Z5 D9 z2 ?" | }/ f5 vSTOCK ANALYST -- Idiot who just downgraded your stock.
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STOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves. 1 g5 I4 j9 s( f# W: q4 N
/ D2 _! Z' p' [ cFINANCIAL PLANNER -- A guy whose phone has been disconnected. 8 ]2 y4 j4 e+ |
! Z' ?+ }% @( a6 b6 v$ tMARKET CORRECTION -- The day after you buy stocks.
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CASH FLOW -- The movement your money makes as it disappears down the toilet. : U y0 j" [5 e& `( X
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YAHOO -- What you yell after selling it to some poor sucker for $240 per share. # ^6 H+ p" Y: W8 w9 g1 T' a
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WINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.! s" Q7 m/ P8 z: q; E, b4 p# ?( j
; f0 i( h, M* e( ^9 fINSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse.
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PROFIT -- an archaic word no longer in use.5 K3 Q5 J1 p) l& F
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! A2 V3 N# m, D6 N# v3 N% oIf you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.
/ [7 E- w1 f( k, _$ `2 N* EWith Fannie Mae, you would have $2.50 left of the original $1,000.3 }/ J' d+ @$ y7 s2 R0 d
With AIG, you would have less than $15 left.
. u& h& y+ H7 D3 i( fBut, 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 $214 cash. - z/ Z c# f$ ^$ A9 j6 e
Based 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?
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% h: v1 O1 ?3 d4 I5 ~ A pigeon can still make a deposit on a Mercedes.; D: u7 s P0 D! A8 U, T6 e- A
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Politicians and diapers have one thing in common... 6 b% g& q! \' V. f0 |9 u* u. E
( f1 C) m& A& g+ O V p1 G ...they should both be changed regularly and for the same reason. |
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