- Apr 18, 2006
- Reaction score
New Stock Market Terms
CEO Chief Embezzlement Officer
CFO - Corporate Fraud Officer
BULL MARKET A random market movement causing an investor to mistake himself for a financial genius
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.
VALUE INVESTING The art of buying low and selling lower.
P/E RATIO The percentage of investors wetting their pants as the market keeps crashing.
BROKER What my financial planner has made me.
STANDARD & POOR Your life in a nutshell.
STOCK ANALYST Idiot who just downgraded your stock.
STOCK SPLIT When your ex-wife and her lawyer split your assets equally between themselves.
MARKET CORRECTION The day after you buy stocks.
CASH FLOW The movement your money makes as it disappears down the toilet.
YAHOO What you yell after selling it to some poor sucker for $240 per share.
WINDOWS What you jump out of when you're the sucker who bought Yahoo at $240 per share.
INSTITUTIONAL INVESTOR Past year investor who's now locked up in a nuthouse.
PROFIT an archaic word no longer in use.
How about a little what if:
If you had purchased $1000 of shares in Delta Airlines
one year ago, you will have $49.00 today.
If you had purchased $1000 of shares in AIG
one year ago, you will have $33.00 today.
If you had purchased $1000 of shares in Lehman Brothers
one year ago, you will have $0.00 today.
Better Off Situation:
But---- if you had purchased $1000 worth of beer
one year ago, drank all the beer,
then turned in the aluminum cans for recycling refund,
you will have received $214.00.
Based on the above, the best current investment plan
is to drink heavily and recycle.
It's called the 401-Keg.