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 New Stock Market Terms:
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% n) F [# D4 B- d, J' ZCEO -- Chief Embezzlement Officer.
- t0 W7 j* P2 x5 m7 HCFO -- Corporate Fraud Officer.
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BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius. 9 s. ?: A; v; R) z/ ?
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. ( ^2 h; |1 i# e5 h' e1 o9 I6 F
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VALUE 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. , N/ ?3 d; n& b8 ^
2 B+ t8 q% C8 U% ]BROKER -- What my broker has made me. . W9 A H$ B4 n) c- h G) O
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STANDARD & POOR -- Your life in a nutshell.
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STOCK ANALYST -- Idiot who just downgraded your stock.: A4 U3 J8 T% d% Z7 n, t! x
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STOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves.
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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. : b/ f/ \1 V+ [ c2 ` h8 S
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CASH FLOW -- The movement your money makes as it disappears down the toilet. ?; |" Y( {9 w$ g5 c( }! Z6 ]
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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 @ $240 per share.& J" J& v9 _# N
" m v$ T8 b" r( k7 V2 R* G: RINSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse. 1 x9 T/ u R4 q- G: B" X
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PROFIT -- an archaic word no longer in use.
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5 n& S1 p" z! zIf you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left.% ~6 \& r/ [: @- ]6 ~8 V1 x
With Fannie Mae, you would have $2.50 left of the original $1,000.: Z" } ~& f& H. c g [( D
With AIG, you would have less than $15 left.
* G9 C* J1 l, Q+ Z9 G! ?6 }7 m; SBut, 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.
7 b# f0 b; a& R6 J8 d3 S/ SBased on the above, the best current investment advice is to drink heavily and recycle.. r+ j# \, I% b
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What is the difference between a Wall Street Stockbroker and a pigeon?
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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... 6 d. z: t7 n, C
$ A' B6 t& c" l# u: W& ]$ r+ s ...they should both be changed regularly and for the same reason. |
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