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 New Stock Market Terms:
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+ D0 r# H/ X6 g& v; Y$ p( TCEO -- Chief Embezzlement Officer.
- N$ T" I$ _; Y K' w! L2 cCFO -- Corporate Fraud Officer.
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- ?( C: k1 p. P8 @% P- lBULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius. 6 c' ]0 d, } ~8 u& y
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.
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VALUE INVESTING -- The art of buying low and selling lower. # _5 Y, d6 N3 i. w7 E
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P/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing. ; f$ u1 l+ v8 w- n5 p0 c
2 O- W6 w6 ^ B" O1 P9 Y" zBROKER -- What my broker has made me. 5 Y) ]! i; N! K- }+ K
& B" X/ y- a T9 _0 w# ~1 f+ _STANDARD & POOR -- Your life in a nutshell. " b8 e2 m3 G" s8 a- M" d; O! {
- n0 U% H4 o$ f! [& i& q' k Z9 KSTOCK ANALYST -- Idiot who just downgraded your stock.
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! |+ F4 n6 ?) B! ?4 V# P0 SSTOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves. . t1 l" l" z- ]/ q2 V t
1 Q Y7 Z }6 x pFINANCIAL PLANNER -- A guy whose phone has been disconnected.
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- \, y% K: E7 `1 ]4 LMARKET CORRECTION -- The day after you buy stocks.
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% ]: J$ W* y0 Y" f5 fCASH FLOW -- The movement your money makes as it disappears down the toilet.
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YAHOO -- What you yell after selling it to some poor sucker for $240 per share.
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WINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.' V9 m, v$ ~/ [4 c R4 D/ u
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INSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse.
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# K7 s6 p5 g) n' r6 FPROFIT -- an archaic word no longer in use.! c1 J; J4 Y3 L1 q% ]
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If you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left., ?+ M( Y# |( {
With Fannie Mae, you would have $2.50 left of the original $1,000.) O. P1 s. M, {9 D
With AIG, you would have less than $15 left.4 r7 S- {6 p) s
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 $214 cash. 8 }# B) u7 ]$ `) U
Based on the above, the best current investment advice is to drink heavily and recycle.! E' r- i' R9 I3 `
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" e) u( B: ]! w* V1 p7 y5 a& F# S) sWhat is the difference between a Wall Street Stockbroker and a pigeon? + J- H+ X% J9 Y
! Y) ]& l/ n3 ]& d/ D A pigeon can still make a deposit on a Mercedes.
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; a9 A3 v) m, L) k2 X& R# \2 jPoliticians and diapers have one thing in common...
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: w/ m" z& a' O& M' f ...they should both be changed regularly and for the same reason. |
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