NEW STOCK MARKET GLOSSARY

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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 broker 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.

FINANCIAL PLANNER — A guy whose phone has been disconnected.

MARKET CORRECTION — The day after you buy stocks.

CASH FLOW
— The movement your money makes as it disappears down the toilet.

INSTITUTIONAL INVESTOR — Past year investor who’s now locked up in a nuthouse.

PROFIT — An archaic word


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