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 New Stock Market Terms:
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CEO -- Chief Embezzlement Officer.
" ` l* G# B5 ~8 p% J9 NCFO -- Corporate Fraud Officer. & v5 Y) D9 c8 l8 j6 i6 g
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BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius. 9 L$ b& Z: ^- x6 a) n x& o, \
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 I8 F7 ]' ~4 b7 {* P. @6 y
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P/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing. : J0 }, Z" }+ Z3 W' P- o: D
7 w( z6 }) F2 q, I; yBROKER -- What my broker has made me.
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6 l7 j# n! c9 z* W" Y" S7 [& `3 @STANDARD & POOR -- Your life in a nutshell. 2 t% t8 c4 ^( Y
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STOCK 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. 3 j0 h% v4 p: f/ ?
9 R; Q. Z6 i. Y, R, g! p' \FINANCIAL PLANNER -- A guy whose phone has been disconnected. 9 l' n. M9 j$ n% w% F" f
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MARKET CORRECTION -- The day after you buy stocks.
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" K1 l9 z# }9 }+ l9 o5 p& NCASH FLOW -- The movement your money makes as it disappears down the toilet. : \, W: H! ]$ w; |
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YAHOO -- What you yell after selling it to some poor sucker for $240 per share. ' F5 x+ B# V0 u( n( H5 |& {
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WINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.7 B8 v2 P3 N- R. N
. q! ^: J3 l" Y& A6 JINSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse. # `+ R# N& ?7 E0 q! U
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PROFIT -- an archaic word no longer in use.! n+ r0 d# t# k3 `
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; `$ Q |! b$ N! x7 DIf you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.
, W0 _; A8 H0 @0 j, NWith Fannie Mae, you would have $2.50 left of the original $1,000.; H) Q5 o, @) E
With AIG, you would have less than $15 left.* l/ }$ Y5 A9 N
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 $214 cash.
6 b; y P: z/ {5 U" j# hBased on the above, the best current investment advice is to drink heavily and recycle.7 {3 P8 U+ U; q
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What is the difference between a Wall Street Stockbroker and a pigeon? ; j# k4 A& t& d
e, f; Z8 Z6 V' x v, z A pigeon can still make a deposit on a Mercedes." R. ?) \9 \. p8 n0 F
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Politicians and diapers have one thing in common... : P% P$ b7 z% g) `4 c
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...they should both be changed regularly and for the same reason. |
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